Morningstar

Federated Hermes Global Allocation Fund Institutional Shares SBFIX

Medalist Rating as of Aug 31, 2026 See Federated Hermes Investment Hub

Strategy

The investment seeks to provide relative safety of capital with the possibility of long-term growth of capital and income. The fund will invest in a diversified mix of various asset classes, which may include, but are not limited to, equity and fixed-income investments, in any proportion. It will generally allocate a substantial amount of its total assets to non-U.S. investments. The fund will allocate its assets among various regions and countries, including the United States, but in no fewer than three different countries.

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
SBFIX	Federated Hermes Global Allocation Fund Institutional Shares	Institutional	Open			Jun 12, 2009	$57.21M	0.860%	Above Average	$1M	−$1.78M
FSTBX	Federated Hermes Global Allocation Fund Class A Shares	Front Load	Open			Dec 31, 1968	$140.67M	1.150%	Above Average	$1,500	−$8.78M
FSBCX	Federated Hermes Global Allocation Fund Class C Shares	Level Load	Open			Apr 19, 1993	$34.89M	1.950%	High	$1,500	−$740,201.44
FSBLX	Federated Hermes Global Allocation Fund Class R6	Retirement, Large	Open			Jun 29, 2016	$3.60M	0.840%	High	$0	−$784,711.54
FSBKX	Federated Hermes Global Allocation Fund Class R Shares	Retirement, Medium	Open			Apr 7, 2003	$40.77M	1.580%	High	$0	−$3.65M

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