Federated Hermes Short-Term Income Fund Class A Shares FTIAX

Morningstar Medalist Rating

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 SharesInstitutionalOpen $75.96M0.660%High$1M−$9.47M
FSTYX
Federated Hermes Short-Term Income Fund Institutional SharesInstitutionalOpen $1.27B0.380%Below Average$1M$73.31M
FSILX
Federated Hermes Short Term Income Fund Class R6 SharesRetirement, LargeOpen $153.42M0.350%Average$0$30.72M
FTIAX
Federated Hermes Short-Term Income Fund Class A Shares—Open $361.35M0.660%—$1,500$154.29M

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