Federated Hermes Conservative Mcsht A (FHCBX)
| Fund Assets | n/a |
| Expense Ratio | 0.40% |
| Min. Investment | n/a |
| Turnover | n/a |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 10.01 |
| YTD Return | 0.47% |
| 1-Year Return | 2.27% |
| 5-Year Return | n/a |
| 52-Week Low | 10.00 |
| 52-Week High | 10.03 |
| Beta (5Y) | n/a |
| Holdings | 95 |
| Inception Date | n/a |
About FHCBX
Federated Hermes Conservative Micro Shrt-A is an ultrashort bond mutual fund designed to provide current income while emphasizing capital preservation and liquidity. The fund primarily invests in a diversified portfolio of investment-grade securities, such as commercial paper, certificates of deposit, asset-backed securities, and high-quality corporate bonds and notes. It maintains a portfolio with a dollar-weighted average effective maturity generally less than 180 days, offering a low level of share price fluctuation compared to longer-duration bond funds. This structure aims to offer a yield advantage over traditional money market portfolios while managing interest rate risk and preserving principal. The fund also integrates environmental, social, and governance (ESG) factors into its investment process in a non-exclusionary manner. Managed by a team of experienced portfolio managers, Federated Hermes Conservative Micro Shrt-A plays a specialized role in the market for investors looking for a highly liquid, low-volatility option for short-term cash management and fixed-income exposure.
Performance
FHCBX had a total return of 2.27% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.95%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| FHCOX | Institutional Shares | 0.25% |
Top 10 Holdings
40.16% of assets| Name | Symbol | Weight |
|---|---|---|
| Bank of Nova Scotia - NOVASC REPO 1 | n/a | 7.93% |
| MUFG Securities Americas, Inc. - MITSUBISHI 9 REPO | n/a | 4.99% |
| Regions Bank - BNP BANK REPO A3 BNP REPO A3 | n/a | 4.99% |
| STANDARD CHARTERED 10 | n/a | 4.99% |
| SG Americas Securities LLC - SOC GEN NY 6 | n/a | 4.99% |
| ING Financial Markets LLC - ING REPO 1 REPO | n/a | 4.99% |
| Energy Transfer LP | n/a | 3.81% |
| NextEra Energy Capital Holdings Inc | NEE.4.685 09.01.27 | 1.15% |
| COREBRIDGE GLOB FUNDING - Corebridge Global Funding | CRBG.5.35 06.24.26 144A | 1.15% |
| NEW YORK LIFE GLOBAL FDG - New York Life Global Funding | NYLIFE.F 04.25.28 144A | 1.15% |