About CAPAX
Federated Hermes Capital Income Fund Class A Shares is a diversified mutual fund designed to generate current income and long-term income growth, with capital appreciation as a secondary objective. The fund primarily invests across both equity and fixed-income securities, selecting assets with high relative income potential to meet its income-focused mandate. Its portfolio includes income-producing stocks, investment-grade and high-yield bonds, U.S. Treasury securities, and exposures to sectors like government, emerging markets, and core mortgage-backed assets. The fund employs active management and may use derivatives or hybrid instruments to further optimize income and manage portfolio risks.
Catering to investors seeking a balanced approach to income generation, the fund pays monthly dividends and maintains a sizable, diverse holding base, featuring hundreds of securities across multiple asset classes. It is categorized as moderately conservative, targeting a balance between yield and risk while carefully navigating interest rate sensitivity and credit quality considerations. Since its inception in 1988, the fund has played a notable role within diversified income-oriented strategies, appealing to those seeking reliable cash flow from a broad blend of equities and fixed income investments.
Fund Family Federated
Category Allocation--30% to 50% Equity
Performance Rating Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol CAPAX
Share Class Class A Shares
Index S&P 500 TR
CAPAX had a total return of 7.77% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.85%.
