Morningstar

Federated Hermes Short-Term Income Fund Service Shares FSTIX

Medalist Rating as of Aug 31, 2026 See Federated Hermes Investment Hub

Strategy

The investment seeks to provide current income. In pursuing its principal investment strategies, the fund invests in a diversified portfolio of fixed-income securities consisting of U.S. government and privately issued mortgage-backed and asset-backed securities, corporate debt securities and U.S. Treasury and agency securities. At least 65% of the fund's securities must be rated A or higher by a nationally recognized statistical rating organization. The adviser seeks to enhance the fund's performance by allocating relatively more of its portfolio to the security type that the Adviser expects to offer the best balance between current income and risk.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
FSTIX	Federated Hermes Short-Term Income Fund Service Shares	Institutional	Open			Jul 1, 1986	$75.96M	0.660%	High	$1M	−$9.47M
FSTYX	Federated Hermes Short-Term Income Fund Institutional Shares	Institutional	Open			Aug 26, 2004	$1.27B	0.380%	Below Average	$1M	$73.31M
FSILX	Federated Hermes Short Term Income Fund Class R6 Shares	Retirement, Large	Open			Jan 20, 2017	$153.42M	0.350%	Average	$0	$30.72M
FTIAX	Federated Hermes Short-Term Income Fund Class A Shares	—	Open			Aug 26, 2004	$361.35M	0.660%	—	$1,500	$154.29M

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