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.
Federated Hermes Adj Rate IS FEUNX
- NAV / 1-Day Return 9.28 / −0.09 %
- Total Assets 156.0 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.310%
- Distribution Fee Level Below Average
- Share Class Type Institutional
- Category Short Government
- Credit Quality / Interest Rate Sensitivity High/Limited
- Min. Initial Investment 1.0 Mil
- Status Open
- TTM Yield 5.40%
- Effective Duration 1.30 years
USD | NAV as of May 11, 2024 | 1-Day Return as of May 11, 2024, 12:05 AM GMT+0
Morningstar’s Analysis FEUNX
Will FEUNX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 25.7
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Federated Hermes Govt Obl Premier | 5.47 | 8.5 Mil | Cash and Equivalents |
Federal Home Loan Mortgage Corp. 5.88487% | 4.14 | 6.4 Mil | Securitized |
FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD 6.27039% | 3.23 | 5.0 Mil | Securitized |
Federal National Mortgage Association 5.88487% | 2.97 | 4.6 Mil | Securitized |
Federal National Mortgage Association 5.73487% | 2.58 | 4.0 Mil | Securitized |
Federal Home Loan Mortgage Corp. 5.5% | 2.54 | 3.9 Mil | Securitized |
Federal Home Loan Mortgage Corp. 5.73312% | 2.40 | 3.7 Mil | Securitized |
Federal National Mortgage Association 5.88487% | 2.19 | 3.4 Mil | Securitized |
Federal Home Loan Mortgage Corp. 5.88312% | 2.10 | 3.2 Mil | Securitized |
Federal Home Loan Mortgage Corp. 5.83312% | 1.86 | 2.9 Mil | Securitized |