Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.
Federated Hermes Short-Term Income A FTIAX
- NAV / 1-Day Return 8.39 / +0.24 %
- Total Assets 1.2 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.660%
- Distribution Fee Level —
- Share Class Type —
- Category Short-Term Bond
- Credit Quality / Interest Rate Sensitivity Medium/Limited
- Min. Initial Investment 1,500
- Status Open
- TTM Yield 3.14%
- Effective Duration 1.80 years
USD | NAV as of May 03, 2024 | 1-Day Return as of May 03, 2024, 10:14 PM GMT+0
Morningstar’s Analysis FTIAX
Will FTIAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 13.0
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Federated Hermes Inst Prime Val Obl IS | 4.04 | 49.5 Mil | Cash and Equivalents |
United States Treasury Notes 4.25% | 2.45 | 30.0 Mil | Government |
United States Treasury Notes 4% | 2.42 | 29.7 Mil | Government |
High Yield Bond Portfolio | 1.85 | 22.7 Mil | — |
SANTANDER RETAIL AUTO LEASE TRUST 2021-B 1.41% | 1.14 | 14.0 Mil | Securitized |
Santander Retail Auto Lease Trust 1.39% | 1.05 | 12.9 Mil | Securitized |
FONTAINEBLEAU MIAMI BEACH TRUST 3.447% | 0.96 | 11.7 Mil | Securitized |
Nextgear Floorplan Master Owner Trust 0.85% | 0.80 | 9.9 Mil | Securitized |
SANTANDER DRIVE AUTO RECEIVABLES TRUST 1.33% | 0.79 | 9.6 Mil | Securitized |
NELNET STUDENT LOAN TRUST 6.13323% | 0.76 | 9.3 Mil | Securitized |