Federated Hermes Floating Rate Strategic Income Fund Class A (FRSAX)
| Fund Assets | 308.99M |
| Expense Ratio | 0.99% |
| Min. Investment | $1,500 |
| Turnover | n/a |
| Dividend (ttm) | 0.46 |
| Dividend Yield | 5.44% |
| Dividend Growth | -17.62% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 8.47 |
| YTD Return | 1.22% |
| 1-Year Return | 3.99% |
| 5-Year Return | 16.14% |
| 52-Week Low | 8.42 |
| 52-Week High | 8.61 |
| Beta (5Y) | 0.29 |
| Holdings | 46 |
| 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 3.99% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.84%.
Top 10 Holdings
87.02% of assets| Name | Symbol | Weight |
|---|---|---|
| Federated Core Trust - Federated Bank Loan Core Fund - FEDERATED CORE TR FEDERATED BANK LOAN CORE FUND | n/a | 63.58% |
| Federated Core Trust III - Federated Project and Trade Finance Core Fund - FEDERATED CORE TR III FEDERATED PROJ+TRADE FIN CORE | n/a | 12.67% |
| Fannie Mae REMICS | FNR.2016-57 FN | 1.86% |
| Freddie Mac REMICS | FHR.5459 FB | 1.47% |
| Government National Mortgage Association | GNR.2024-51 DF | 1.45% |
| Freddie Mac REMICS | FHR.5476 FA | 1.28% |
| Federated Government Obligations Fund | GOFXX | 1.27% |
| Government National Mortgage Association | GNR.2023-130 NF | 1.26% |
| Government National Mortgage Association | GNR.2024-162 FD | 1.19% |
| Freddie Mac REMICS | FHR.5396 DF | 0.99% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.03611 | Jun 30, 2026 |
| May 29, 2026 | $0.03657 | May 29, 2026 |
| Apr 30, 2026 | $0.03453 | Apr 30, 2026 |
| Mar 31, 2026 | $0.02982 | Mar 31, 2026 |
| Feb 27, 2026 | $0.02862 | Feb 27, 2026 |
| Jan 30, 2026 | $0.03649 | Jan 30, 2026 |