About CAPRX
Federated Hermes Capital Income Fund Class R is a diversified mutual fund designed to provide investors with current income and long-term growth of income, making capital appreciation a secondary objective. The fund achieves its goals by investing across multiple asset classes, with a portfolio that typically includes a blend of equity securities, high-yield and investment-grade bonds, and exposure to international and emerging markets. This diversified approach allows the fund to pursue higher monthly income while managing risk, although exposure to lower-rated bonds and emerging markets introduces greater volatility, credit, and liquidity risks. Credit quality ranges from high-grade to speculative, reflecting the fund’s focus on income generation. Major holdings often include core fixed income portfolios, government and U.S. Treasury securities, and equities from leading technology companies such as Microsoft and Apple, alongside futures and other instruments for flexibility. The fund is structured for retirement-focused investors and is classified as a moderately conservative allocation, making it suitable for those seeking income with managed risk through broad diversification and active management.
Fund Family Federated
Category Allocation--30% to 50% Equity
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol CAPRX
Share Class Class R Shares
Index S&P 500 TR
CAPRX had a total return of 11.92% in the past year, including dividends.
Since the fund's inception, the average annual return has been 5.32%.
