Morningstar

Federated Hermes Short-Term Income Fund Service Shares FSTIX

Morningstar Medalist Rating
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Medalist Rating as of See Federated Hermes Investment Hub
  • NAV / 1-Day Return$8.40  /  −0.12%
  • Fund Size$1.9B
  • Adjusted Expense Ratio0.660%
  • Net Expense Ratio0.650%
  • Fee Level: DistributionHigh
  • Share Class TypeInstitutional
  • Morningstar CategoryShort-Term Bond
  • Fixed-Income Style Box (Funds)Medium/Limited
  • Minimum Initial Investment$1M
  • Investment StatusOpen
  • TTM Yield4.49%
  • Average Effective Duration1.90 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis FSTIX

Will FSTIX outperform in the 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 FSTIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FSTIX 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 FSTIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Federated Hermes Short-Term Income Svc holds a quantitatively derived Bronze Morningstar Medalist Rating. The rating reflects that it has scored better than the norm on factors Morningstar research associates with future outperformance relative to category peers.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings FSTIX

More FSTIX Holdings
  • Current Portfolio Date
  • Equity Holdings—
  • Bond Holdings—
  • Other Holdings—
  • % Assets in Top 10 Holdings15.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Bank Loan Core

3.9072M
—

Federated Govt Oblg Pr Shares

2.6549M
—

Federated Project and Trade Fin Cor

2.5347M
—

United States Treasury Notes 4.25%

1.6330M
Cash and Equivalents

United States Treasury Notes 3.5%

1.6130M
Government

Federated Emerging Markets Core

0.9518M
—

SANTANDER DR AUT REC TR 2024-4 5.32%

0.8115M
Securitized

United States Treasury Notes 4.25%

0.8015M
Government

United States Treasury Notes 3.375%

0.7915M
Government

Santander Drive Auto Receivables Trust 2013-A 6.28%

0.7113M
Securitized

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