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Morningstar

Federated Hermes Total Return Bond R6 FTRLX

Morningstar Medalist Rating
Medalist Rating as of | See Federated Hermes Investment Hub
  • NAV / 1-Day Return 9.20  /  +0.56 %
  • Total Assets 13.8 Bil
  • Adj. Expense Ratio
    0.380%
  • Expense Ratio 0.380%
  • Distribution Fee Level Below Average
  • Share Class Type Retirement, Large
  • Category Intermediate Core-Plus Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 4.02%
  • Effective Duration 6.00 years

USD | NAV as of Apr 17, 2024 | 1-Day Return as of Apr 17, 2024, 10:17 PM GMT+0

Morningstar’s Analysis FTRLX

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

  • People Pillar

    The People Pillar is our evaluation of the FTRLX 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 FTRLX’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 FTRLX

More FTRLX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 60.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Federated Mortgage Core Portfolio

24.63 4.0 Bil
—

2 Year Treasury Note Future Mar 24

16.97 2.8 Bil
Government

Us 5yr Note (Cbt) Mar24 Xcbt 20240328

6.63 1.1 Bil
Government

United States Treasury Notes 3.875%

6.20 1.0 Bil
Government

United States Treasury Bonds 4.125%

5.33 869.4 Mil
Government

Federated Project and Trade Fin Cor

3.69 602.1 Mil
—

Federated Emerging Markets Core

2.90 473.7 Mil
—

High Yield Bond Portfolio

2.18 355.8 Mil
—

United States Treasury Notes 2.375%

2.12 346.6 Mil
Government

10 Year Treasury Note Future Mar 24

2.05 334.3 Mil
Government