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Federated Hermes Adj Rate A FEUGX Fund Analysis

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Morningstar’s Analysis FEUGX

Will FEUGX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

A spot in the sun after spending much of recent history in the shadows.

Strategist Maciej Kowara

Maciej Kowara

Strategist

Summary

The fund’s recent performance has been great relative to peers, but it’s been driven mainly by the asset class it invests in; its future peer-and index-relative return potential is likewise tied to its investment universe.

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