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Federated Hermes Ultrashort Bond A FULAX

Analyst rating as of
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Morningstar’s Analysis

Will FULAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Cash with a kick.

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Summary

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Federated Ultrashort Bond is fashioned as a cash-plus offering that does not shy away from taking risks, though its veteran manager has been circumspect about assuming them. The strategy’s two cheapest share classes earn a Morningstar Analyst Rating of Bronze while the rest are rated Neutral.

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