About CAPFX
Federated Hermes Capital Income Fund Class F Shares is a mutual fund designed to provide investors with high current income as its primary objective, while also seeking long-term growth of income and, as a secondary goal, capital appreciation. The fund achieves these aims by investing in a diversified mix of both equity and fixed-income securities that typically offer relatively high income, such as dividend-paying stocks, corporate bonds, and high-yield bonds. Its portfolio spans a broad range of sectors and includes holdings in major companies like Apple, Microsoft, and JPMorgan Chase, along with a significant allocation to mortgage-backed securities, emerging markets, and high-yield corporate debt. The fund is managed with an emphasis on balancing income generation and risk through diversification across asset classes and credit qualities, including exposure to both investment-grade and lower-rated fixed-income securities. This approach makes the fund noteworthy for investors seeking a blend of equity and bond income, contributing stability and diversified exposure within the broader fixed-income and equity income segments of the financial market.
Fund Family Federated
Category Allocation--30% to 50% Equity
Performance Rating Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol CAPFX
Share Class Class F Shares
Index S&P 500 TR
CAPFX had a total return of 7.67% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.70%.
