Morningstar

Federated Hermes Short-Term Income Fund Institutional Shares FSTYX

Morningstar Medalist Rating
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Medalist Rating as of See Federated Hermes Investment Hub
  • NAV / 1-Day Return $8.37  /  −0.12 %
  • Fund Size $1.9B
  • Adjusted Expense Ratio 0.380%
  • Net Expense Ratio 0.370%
  • Fee Level: Distribution Below Average
  • Share Class Type Institutional
  • Morningstar Category Short-Term Bond
  • Fixed-Income Style Box (Funds) Medium/Limited
  • Minimum Initial Investment $1M
  • Investment Status Open
  • TTM Yield 4.80%
  • Average Effective Duration 1.90 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis FSTYX

Will FSTYX 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 FSTYX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FSTYX 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 FSTYX’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 IS holds a quantitatively derived Gold Morningstar Medalist Rating. The rating reflects that it has scored particularly well 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 FSTYX

More FSTYX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 15.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Bank Loan Core

3.85 71M
—

Federated Project and Trade Fin Cor

2.51 46M
—

Federated Govt Oblg Pr Shares

2.45 45M
—

United States Treasury Notes 4.25%

1.64 30M
Government

United States Treasury Notes 3.5%

1.63 30M
Government

Federated Emerging Markets Core

0.99 18M
—

SANTANDER DR AUT REC TR 2024-4 5.32%

0.83 15M
Securitized

United States Treasury Notes 4.25%

0.82 15M
Government

United States Treasury Notes 3.375%

0.81 15M
Government

Santander Drive Auto Receivables Trust 2013-A 6.28%

0.73 13M
Securitized

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