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Morningstar

Federated Hermes Total Return Bond C TLRCX

Morningstar Medalist Rating
Medalist Rating as of | See Federated Hermes Investment Hub
  • NAV / 1-Day Return 9.35  /  0.89 %
  • Total Assets 13.0 Bil
  • Adj. Expense Ratio
    1.480%
  • Expense Ratio 1.480%
  • Distribution Fee Level Average
  • Share Class Type Level Load
  • Category Intermediate Core-Plus Bond
  • Credit Quality / Interest Rate Sensitivity High / Moderate
  • Min. Initial Investment 1,500
  • Status Open
  • TTM Yield 2.94%
  • Effective Duration 6.00 years

USD | NAV as of Dec 01, 2023 | 1-Day Return as of Dec 01, 2023, 11:24 PM GMT+0

Morningstar’s Analysis TLRCX

Will TLRCX 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 TLRCX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the TLRCX 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 TLRCX’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

Unlock our full analysis with Morningstar Investor

Portfolio Holdings TLRCX

More TLRCX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 821
  • Other Holdings 16
  • % Assets in Top 10 Holdings 60.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Federated Mortgage Core Portfolio

26.39
3,908,878,283
—

Us 5yr Note (Cbt) Dec23 Xcbt 20231229

9.53
1,411,710,266
Government

2 Year Treasury Note Future Dec 23

8.45
1,251,537,331
Government

United States Treasury Notes 3.375%

8.20
1,214,759,062
Government

United States Treasury Bonds 3.625%

4.96
734,408,281
Government

Federated Project and Trade Fin Cor

4.02
594,762,377
—

High Yield Bond Portfolio

2.36
349,763,798
—

10 Year Treasury Note Future Dec 23

2.10
310,679,688
Government

Federated Emerging Markets Core

1.79
265,048,476
—

United States Treasury Notes 2.75%

1.63
242,052,826
Government