Federated Hermes Adjustable Rate Fund Institutional Shares (FEUNX)
NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.32
0.00 (0.00%)
At close: Jul 15, 2025
0.00% (1Y)
| Fund Assets | 131.67M |
| Expense Ratio | 0.31% |
| Min. Investment | $1,000,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.48 |
| Dividend Yield | 5.14% |
| Dividend Growth | -5.91% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 9.32 |
| YTD Return | 0.68% |
| 1-Year Return | 3.52% |
| 5-Year Return | 9.75% |
| 52-Week Low | 9.31 |
| 52-Week High | 9.39 |
| Beta (5Y) | n/a |
| Holdings | 200 |
| Inception Date | Aug 2, 2019 |
About FEUNX
The Fund's investment strategy focuses on Ultra-Short Oblig with 0.3% total expense ratio. The minimum amount to invest in Federated Hermes Adjustable Rate Securities Fund; Institutional Shares is $1,000,000 on a standard taxable account. Federated Hermes Adjustable Rate Securities Fund; Institutional Shares seeks current income consistent with minimal volatility of principal by investing at least 65% of the value of its' total assets in a professionally managed portfolio of US Government securities.
Fund Family Federated Hermes
Category Short Government
Stock Exchange NASDAQ
Ticker Symbol FEUNX
Share Class Institutional Shares
Index ICE BofA 1 Year US Treasury Note TR
Performance
FEUNX had a total return of 3.52% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.77%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| FEUGX | Class A Shares | 0.56% |
Top 10 Holdings
27.27% of assets| Name | Symbol | Weight |
|---|---|---|
| Federated Government Obligations Fund | GOFXX | 5.18% |
| United States Treasury Notes 4.43985% | TF.0 10.31.26 | 3.65% |
| Federal National Mortgage Association 5.48969% | FNR.2024-40 FA | 2.95% |
| Federal Home Loan Mortgage Corp. 5.5% | FR.QJ9897 | 2.74% |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD 5.43969% | FHR.5476 FA | 2.61% |
| Government National Mortgage Association 5.39436% | GNR.2024-64 FM | 2.27% |
| Federal Home Loan Mortgage Corp. 4.90417% | FHR.4983 FJ | 2.23% |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD 5.43969% | FHR.5457 GF | 2.08% |
| Federal Home Loan Mortgage Corp. 4.90417% | FHR.4944 F | 1.80% |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD 5.15969% | FHR.5269 FL | 1.77% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.03773 | Jun 30, 2025 |
| May 30, 2025 | $0.03796 | May 30, 2025 |
| Apr 30, 2025 | $0.03681 | Apr 30, 2025 |
| Mar 31, 2025 | $0.03786 | Mar 31, 2025 |
| Feb 28, 2025 | $0.03723 | Feb 28, 2025 |
| Jan 31, 2025 | $0.03958 | Jan 31, 2025 |