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Morningstar

Federated Hermes Shrt-Interm TR Bd R6 SRBRX

Morningstar Medalist Rating
Medalist Rating as of | See Federated Hermes Investment Hub
  • NAV / 1-Day Return 9.92  /  +0.21 %
  • Total Assets 792.1 Mil
  • Adj. Expense Ratio
    0.370%
  • Expense Ratio 0.370%
  • Distribution Fee Level Average
  • Share Class Type Retirement, Large
  • Category Short-Term Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 2.95%
  • Effective Duration 2.60 years

USD | NAV as of May 02, 2024 | 1-Day Return as of May 02, 2024, 10:27 PM GMT+0

Morningstar’s Analysis SRBRX

Will SRBRX 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 SRBRX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the SRBRX 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 SRBRX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Strength in Federated Hermes Shrt-Interm TR Bd R6's Process Pillar is partially offset by an Average People Pillar rating, leading to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the second-cheapest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings SRBRX

More SRBRX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 46.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 5%

13.93 130.8 Mil
Government

Federated Mortgage Core Portfolio

5.82 54.6 Mil
—

Federated Project and Trade Fin Cor

4.42 41.5 Mil
—

United States Treasury Notes 3.125%

3.84 36.0 Mil
Government

United States Treasury Notes 4.125%

3.38 31.8 Mil
Government

United States Treasury Notes 2.75%

3.16 29.7 Mil
Government

United States Treasury Notes 3.75%

3.13 29.4 Mil
Government

United States Treasury Notes 3.5%

3.10 29.1 Mil
Government

United States Treasury Notes 0.625%

2.92 27.4 Mil
Government

Us 5yr Note (Cbt) Jun24 Xcbt 20240628

2.85 26.8 Mil
Government