Federated Hermes Strategic Income IS holds a quantitatively derived Silver Morningstar Medalist Rating. The rating reflects that it has scored well on factors Morningstar research associates with future outperformance relative to category peers.
Federated Hermes Strategic Income Fund Class IS Shares STISX
- NAV / 1-Day Return 8.36 / +0.12 %
- Total Assets 572.1M
-
Adj. Expense Ratio
0.640%
- Expense Ratio 0.620%
- Distribution Fee Level Average
- Share Class Type Institutional
- Category Multisector Bond
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Min. Initial Investment 1M
- Status Open
- TTM Yield 5.33%
- Effective Duration 4.40 years
USD | NAV as of Jun 10, 2026 | 1-Day Return as of Jun 10, 2026, 12:11 AM GMT+0
Morningstar’s Analysis STISX
Will STISX outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
The People Pillar is our evaluation of the STISX 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 STISX’s parent organization’s priorities and whether they’re in line with investors’ interests.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 86.0
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
High Yield Bond Portfolio | 28.28 | 172M | — |
Federated Emerging Markets Core | 20.01 | 122M | — |
Federated Mortgage Core Portfolio | 13.14 | 80M | — |
2 Year Treasury Note Future June 26 | 7.86 | 48M | Government |
Federated Project and Trade Fin Cor | 6.76 | 41M | — |
United States Treasury Notes 4.25% | 3.67 | 22M | Government |
United States Treasury Notes 4% | 2.47 | 15M | Government |
10 Year Treasury Note Future June 26 | 1.37 | 8M | Government |
Federated Govt Oblg Pr Shares | 1.33 | 8M | — |
United States Treasury Notes 4% | 1.15 | 7M | Government |
United States