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Morningstar

Federated Hermes Total Return Bond A TLRAX

Morningstar Medalist Rating
Medalist Rating as of | See Federated Hermes Investment Hub
  • NAV / 1-Day Return 9.28  /  +0.54 %
  • Total Assets 13.9 Bil
  • Adj. Expense Ratio
    0.940%
  • Expense Ratio 0.940%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category Intermediate Core-Plus Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 1,500
  • Status Open
  • TTM Yield 3.61%
  • Effective Duration 5.90 years

USD | NAV as of May 03, 2024 | 1-Day Return as of May 03, 2024, 10:21 PM GMT+0

Morningstar’s Analysis TLRAX

Will TLRAX outperform in future?

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

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable TLRAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the TLRAX 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 TLRAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Well thought-out exposure to the broad U.S. fixed-income markets.

Strategist Maciej Kowara

Maciej Kowara

Strategist

Summary

Federated Hermes Total Return’s reliability underpins its Process Pillar upgrade to High.

by Maciej Kowara
Rated on Published on

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Portfolio Holdings TLRAX

More TLRAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 55.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Federated Mortgage Core Portfolio

25.91 4.1 Bil
—

Us 5yr Note (Cbt) Jun24 Xcbt 20240628

11.26 1.8 Bil
Government

2 Year Treasury Note Future June 24

6.31 992.0 Mil
Government

United States Treasury Bonds 4.125%

5.25 825.0 Mil
Government

Federated Project and Trade Fin Cor

4.44 697.8 Mil
—

Federated Emerging Markets Core

4.03 633.3 Mil
—

United States Treasury Notes 4.5%

3.06 481.6 Mil
Government

United States Treasury Notes 3.875%

3.04 477.3 Mil
Government

High Yield Bond Portfolio

2.37 373.0 Mil
—

United States Treasury Notes 4%

2.15 337.6 Mil
Government