Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.
Federated Hermes Strategic Income A STIAX
- NAV / 1-Day Return 7.97 / +0.25 %
- Total Assets 599.8 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.960%
- Distribution Fee Level Average
- Share Class Type Front Load
- Category Multisector Bond
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Min. Initial Investment 1,500
- Status Open
- TTM Yield 4.76%
- Effective Duration 4.50 years
USD | NAV as of Apr 22, 2024 | 1-Day Return as of Apr 22, 2024, 10:14 PM GMT+0
Morningstar’s Analysis STIAX
Will STIAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 89.5
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
High Yield Bond Portfolio | 37.54 | 236.0 Mil | — |
Federated Emerging Markets Core | 24.45 | 153.7 Mil | — |
Federated Mortgage Core Portfolio | 18.57 | 116.7 Mil | — |
United States Treasury Notes 4.5% | 1.61 | 10.1 Mil | Government |
2 Year Treasury Note Future Mar 24 | 1.41 | 8.9 Mil | Government |
Fnma Pass-Thru I 3% | 1.37 | 8.6 Mil | Securitized |
Federal Home Loan Mortgage Corp. 3.5% | 1.18 | 7.4 Mil | Securitized |
Federal Home Loan Mortgage Corp. 3% | 1.17 | 7.4 Mil | Securitized |
Federal National Mortgage Association 4% | 1.13 | 7.1 Mil | Securitized |
United States Treasury Notes 4.625% | 1.12 | 7.0 Mil | Government |