Federated Hermes Capital Income continues to see changes to its equity team and portfolio. The cheapest four share classes remain at a Morningstar Analyst Rating of Neutral, with the remaining two share classes rated Negative.
Will CAPCX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable CAPCX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the CAPCX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of CAPCX’s parent organization’s priorities and whether they’re in line with investors’ interests.