Skip to Content
Morningstar

Federated Hermes Capital Income A CAPAX

Morningstar Medalist Rating
Medalist Rating as of | See Federated Hermes Investment Hub
  • NAV / 1-Day Return 8.17  /  +0.12 %
  • Total Assets 679.3 Mil
  • Adj. Expense Ratio
    0.900%
  • Expense Ratio 0.900%
  • Distribution Fee Level Below Average
  • Share Class Type Front Load
  • Category Moderately Conservative Allocation
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity —
  • Status Open
  • TTM Yield 3.27%
  • Turnover 54%

USD | NAV as of Apr 18, 2024 | 1-Day Return as of Apr 18, 2024, 12:17 AM GMT+0

Morningstar’s Analysis CAPAX

Will CAPAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable CAPAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the CAPAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of CAPAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

High income with unsteady performance.

Analyst Vedran Beogradlija

Vedran Beogradlija

Analyst

Summary

Despite efforts to stabilize its team, Federated Hermes Capital Income is challenged by the departure of former lead portfolio manager Linda Bakhshian. Meanwhile, the portfolio continues to invest in riskier areas to maintain high income goals.

by Vedran Beogradlija
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings CAPAX

More CAPAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 56.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Federated Mortgage Core Portfolio

13.71 104.6 Mil
—

Federated Emerging Markets Core

12.87 98.2 Mil
—

High Yield Bond Portfolio

10.69 81.5 Mil
—

2 Year Treasury Note Future Mar 24

9.47 72.3 Mil
Government

Us 5yr Note (Cbt) Mar24 Xcbt 20240328

4.40 33.6 Mil
Government

United States Treasury Bonds 4.125%

3.74 28.6 Mil
Government

United States Treasury Notes 3.875%

2.72 20.8 Mil
Government

United States Treasury Notes 5%

2.65 20.2 Mil
Government

Microsoft Corp

1.77 13.5 Mil
Technology

Apple Inc

1.50 11.5 Mil
Technology