FULLX – Federated Hermes Ultrashort Bond R6 Investment Strategy | Morningstar

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Strategy

The investment seeks to provide total return consistent with current income. The fund invests primarily (that is, more than 50%) in investment-grade, fixed-income securities, including but not limited to asset-backed securities and corporate debt securities, but may invest up to 35% of its assets in noninvestment-grade, fixed-income securities. It will invest at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in fixed-income investments.

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
FULAX	Federated Hermes Ultrashort Bond Fund Class A Shares	No Load	Open			Oct 14, 2002	$737.42M	0.520%	Above Average	$1,500	$304.30M
FULBX	Federated Hermes Ultrashort Bond Fund Service Shares	Institutional	Open			May 30, 1997	$15.82M	0.470%	Above Average	$1M	$1.11M
FULIX	Federated Hermes Ultrashort Bond Fund Institutional Shares	Institutional	Open			Feb 22, 2000	$2.29B	0.370%	Above Average	$1M	$440.53M
FULLX	Federated Hermes UltraShort Bond Fund Class R6 Shares	Retirement, Large	Open			May 29, 2019	$1.32B	0.360%	High	$0	$265.46M

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