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Morningstar

Federated Hermes Total Return Bond Svc FTRFX

Morningstar Medalist Rating
Medalist Rating as of | See Federated Hermes Investment Hub
  • NAV / 1-Day Return 9.08  /  0.33 %
  • Total Assets 12.7 Bil
  • Adj. Expense Ratio
    0.690%
  • Expense Ratio 0.690%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Intermediate Core-Plus Bond
  • Credit Quality / Interest Rate Sensitivity High / Moderate
  • Min. Initial Investment 1,000,000
  • Status Open
  • TTM Yield 3.50%
  • Effective Duration 6.40 years

USD | NAV as of Sep 28, 2023 | 1-Day Return as of Sep 28, 2023, 10:21 PM GMT+0

Morningstar’s Analysis FTRFX

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

People Pillar

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

Well thought-out exposure to the broad U.S. fixed-income markets.

Strategist Maciej Kowara

Maciej Kowara

Strategist

Summary

Federated Hermes Total Return’s reliability underpins its Process Pillar upgrade to High.

by Maciej Kowara
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings FTRFX

More FTRFX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 817
  • Other Holdings 19
  • % Assets in Top 10 Holdings 62.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Federated Mortgage Core Portfolio

24.95
3,845,544,294
—

Us 5yr Note (Cbt) Sep23 Xcbt 20230929

14.17
2,184,605,406
Government

United States Treasury Notes 3.375%

8.22
1,267,670,938
Government

Future on 2 Year Treasury Note

6.30
970,763,062
Government

United States Treasury Bonds 3.625%

5.49
846,723,594
Government

Federated Project and Trade Fin Cor

3.77
580,702,160
—

Future on 10 Year Treasury Note

3.04
468,708,984
Government

High Yield Bond Portfolio

2.25
347,438,697
—

Federated Emerging Markets Core

1.93
297,342,073
—

United States Treasury Notes 2.75%

1.59
244,464,112
Government