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Morningstar

Federated Hermes Capital Income A CAPAX

Morningstar Analyst Rating
Analyst rating as of
NAV / 1-Day Return
7.76  /  1.02 %
Total Assets
793.9 Mil
Adj. Expense Ratio
0.900%
Expense Ratio
0.900%
Fee Level
Below Average
Longest Manager Tenure
24.93 years
Category
Allocation--30% to 50% Equity
Investment Style
Large Value
Credit Quality / Interest Rate Sensitivity
Medium / Moderate
Status
Open
TTM Yield
3.57%
Turnover
57%

USD | NAV as of Dec 05, 2022 | 1-Day Return as of Dec 05, 2022, 11:02 PM GMT+00:00

Morningstar’s Fund 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.

An active equity sleeve with uneven performance.

Analyst

Summary

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Federated Hermes Capital Income continues to face challenges following a period of team adjustments. Four share classes retain their Morningstar Analyst Ratings of Neutral, while the B and C shares stay at Negative.

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