Federated Hermes Prudent Bear Fund Class A Shares (BEARX)
| Fund Assets | 113.24M |
| Expense Ratio | 2.61% |
| Min. Investment | $1,500 |
| Turnover | 140.00% |
| Dividend (ttm) | 0.46 |
| Dividend Yield | 10.05% |
| Dividend Growth | -40.54% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 27, 2024 |
| Previous Close | 4.330 |
| YTD Return | -6.49% |
| 1-Year Return | -16.76% |
| 5-Year Return | -55.13% |
| 52-Week Low | 4.320 |
| 52-Week High | 5.620 |
| Beta (5Y) | -0.99 |
| Holdings | 230 |
| Inception Date | Dec 28, 1995 |
About BEARX
The Federated Hermes Prudent Bear Fund is a mutual fund primarily focused on capital appreciation through strategies that include short sales and transactions in stock index futures contracts, options on stock index futures, options on securities, and stock indexes. This fund is categorized as a Trading—Inverse Equity fund, meaning it aims to capitalize on declining markets by taking short positions in domestically traded equity securities and indices. The fund's approach involves higher risk due to its use of derivatives and short sales but offers a unique hedging tool for investors seeking to mitigate losses in bearish market conditions. It holds a diverse portfolio of equities across various sectors, including cash and equivalents, which can provide liquidity and stability. The fund's performance can be significantly influenced by market volatility and its ability to accurately predict market movements.
Performance
BEARX had a total return of -16.76% in the past year, including dividends. Since the fund's inception, the average annual return has been -2.19%.
Top 10 Holdings
90.20% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury - U.S. Treasury Bills | n/a | 39.44% |
| Federated Government Obligations Fund | GOFXX | 25.64% |
| United States Treasury - U.S. Treasury Bills | n/a | 23.56% |
| Infinity Natural Resources, Inc. | INR | 0.25% |
| Chicago Mercantile Exchange - S+P500 EMINI FUT JUN25 | n/a | 0.25% |
| HBX Group International PLC | HBX | 0.24% |
| SOPHiA GENETICS SA | SOPH | 0.22% |
| Ferrari Group PLC | FERGR | 0.22% |
| Silvaco Group, Inc. | SVCO | 0.20% |
| Smithfield Foods, Inc. | SFD | 0.18% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 27, 2024 | $0.4593 | Dec 30, 2024 |
| Dec 27, 2023 | $0.7724 | Dec 28, 2023 |
| Dec 9, 2019 | $0.0719 | Dec 10, 2019 |
| Dec 4, 2008 | $1.34114 | Dec 4, 2008 |
| Dec 28, 2007 | $0.19419 | Dec 28, 2007 |
| Dec 28, 2006 | $0.19063 | Dec 28, 2006 |