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Federated Hermes Float Rate Strat Inc A FRSAX Fund Analysis

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Morningstar’s Analysis FRSAX

Will FRSAX outperform in future?

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

Federated Hermes Float Rate Strat Inc A's Average Process Pillar and People Pillar ratings result in a Morningstar Medalist Rating of Neutral.

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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-highest quintile among peers.

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