Federated Hermes Floating Rate Strategic Income Fund Class A (FRSAX)
| Fund Assets | 350.55M |
| Expense Ratio | 0.99% |
| Min. Investment | $1,500 |
| Turnover | n/a |
| Dividend (ttm) | 0.49 |
| Dividend Yield | 5.74% |
| Dividend Growth | -21.55% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 8.59 |
| YTD Return | -0.39% |
| 1-Year Return | 4.29% |
| 5-Year Return | 19.59% |
| 52-Week Low | 8.15 |
| 52-Week High | 8.63 |
| Beta (5Y) | n/a |
| Holdings | 48 |
| Inception Date | Feb 23, 2011 |
About FRSAX
The Fund's investment strategy focuses on Loan Participation with 1.01% total expense ratio. The minimum amount to invest in Federated Hermes Income Securities Trust: Federated Hermes Floating Rate Strategic Income Fund; Class A Shares is $1,500 on a standard taxable account. Federated Hermes Income Securities Trust: Federated Hermes Floating Rate Strategic Income Fund; Class A Shares seeks total return consistent with current income and low interest rate volatility. FRSAX invest in three areas of the fixed-income market: domestic investment-grade and noninvestment-grade, and foreign that pay interest at rates that increase or decrease in response to changes market interest rates.
Performance
FRSAX had a total return of 4.29% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.71%.
Top 10 Holdings
88.86% of assets| Name | Symbol | Weight |
|---|---|---|
| Bank Loan Core | n/a | 66.54% |
| Federated Project and Trade Fin Cor | n/a | 12.92% |
| Government National Mortgage Association 5.21765% | GNR.2024-51 DF | 1.46% |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD 4.82419% | FHR.5459 FB | 1.41% |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD 4.97419% | FHR.5476 FA | 1.23% |
| Government National Mortgage Association 5.06765% | GNR.2023-130 NF | 1.21% |
| Government National Mortgage Association 4.96765% | GNR.2024-162 FD | 1.13% |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD 5.12419% | FHR.5396 DF | 1.00% |
| Government National Mortgage Association 4.96765% | GNR.2024-64 FM | 0.98% |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD 5.32419% | FHR.5409 JF | 0.98% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.03649 | Jan 30, 2026 |
| Dec 31, 2025 | $0.04795 | Dec 31, 2025 |
| Nov 28, 2025 | $0.04429 | Nov 28, 2025 |
| Oct 31, 2025 | $0.04225 | Oct 31, 2025 |
| Sep 30, 2025 | $0.04182 | Sep 30, 2025 |
| Aug 29, 2025 | $0.04336 | Aug 29, 2025 |