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Morningstar

Federated Hermes Strategic Income F STFSX

Morningstar Medalist Rating
Medalist Rating as of | See Federated Hermes Investment Hub
  • NAV / 1-Day Return 8.00  /  +0.50 %
  • Total Assets 605.1 Mil
  • Adj. Expense Ratio
    0.960%
  • Expense Ratio 0.960%
  • Distribution Fee Level —
  • Share Class Type —
  • Category Multisector Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 1,500
  • Status Open
  • TTM Yield 4.88%
  • Effective Duration 4.80 years

USD | NAV as of May 03, 2024 | 1-Day Return as of May 03, 2024, 10:17 PM GMT+0

Morningstar’s Analysis STFSX

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

  • People Pillar

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

Strength in Federated Hermes Strategic Income F'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-costliest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings STFSX

More STFSX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 87.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

High Yield Bond Portfolio

36.48 230.0 Mil
—

Federated Emerging Markets Core

24.24 152.9 Mil
—

Federated Mortgage Core Portfolio

17.61 111.1 Mil
—

Bplg1j9x4 Cds Usd R V 03mevent Splg1j9x4_pro Ccpcdx

3.92 24.8 Mil
Derivative

Us 5yr Note (Cbt) Jun24 Xcbt 20240628

1.70 10.7 Mil
Government

United States Treasury Notes 4.5%

1.58 10.0 Mil
Government

Fnma Pass-Thru I 3%

1.31 8.2 Mil
Securitized

United States Treasury Notes 4.25%

1.26 7.9 Mil
Government

Us Long Bond(Cbt) Jun24 Xcbt 20240618

1.15 7.2 Mil
Government

Federal Home Loan Mortgage Corp. 3.5%

1.13 7.1 Mil
Securitized