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Federated Hermes Short-Term Income Svc FSTIX

Medalist Rating as of | See Federated Hermes Investment Hub
  • NAV / 1-Day Return 8.39  /  +0.13 %
  • Total Assets 1.2 Bil
  • Adj. Expense Ratio
    0.660%
  • Expense Ratio 0.660%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Short-Term Bond
  • Credit Quality / Interest Rate Sensitivity
  • Min. Initial Investment 1.0 Mil
  • Status Open
  • TTM Yield 2.79%
  • Effective Duration 1.80 years

USD | NAV as of Mar 27, 2024 | 1-Day Return as of Mar 27, 2024, 10:15 PM GMT+0

Morningstar’s Analysis FSTIX

Will FSTIX outperform in future?

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

Strength in Federated Hermes Short-Term Income Svc's People Pillar is partially offset by an Average Process Pillar rating, leading to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.

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Portfolio Holdings FSTIX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 16.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Us 5yr Note (Cbt) Mar24 Xcbt 20240328

8.07 108.8 Mil
Government

Federated Hermes Inst Prime Val Obl IS

5.67 76.5 Mil
Cash and Equivalents

United States Treasury Notes 5%

1.50 20.2 Mil
Government

United States Treasury Notes 4.875%

1.50 20.2 Mil
Government

SANTANDER RETAIL AUTO LEASE TRUST 2021-B 1.41%

1.02 13.8 Mil
Securitized

Santander Retail Auto Lease Trust 1.39%

0.94 12.7 Mil
Securitized

FONTAINEBLEAU MIAMI BEACH TRUST 3.447%

0.86 11.6 Mil
Securitized

United States Treasury Notes 4.625%

0.75 10.1 Mil
Government

NELNET STUDENT LOAN TRUST 6.1624%

0.73 9.9 Mil
Securitized

Nextgear Floorplan Master Owner Trust 0.85%

0.72 9.7 Mil
Securitized