Federated Hermes Floating Rate Strategic Income Fund Class A (FRSAX)
| Fund Assets | 318.71M |
| Expense Ratio | 0.99% |
| Min. Investment | $1,500 |
| Turnover | n/a |
| Dividend (ttm) | 0.48 |
| Dividend Yield | 5.55% |
| Dividend Growth | -19.14% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Apr 30, 2026 |
| Previous Close | 8.49 |
| YTD Return | 0.47% |
| 1-Year Return | 4.49% |
| 5-Year Return | 16.34% |
| 52-Week Low | 8.42 |
| 52-Week High | 8.61 |
| Beta (5Y) | n/a |
| 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 4.49% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.82%.
Top 10 Holdings
87.03% of assets| Name | Symbol | Weight |
|---|---|---|
| Bank Loan Core | n/a | 63.59% |
| Federated Project and Trade Fin Cor | n/a | 12.67% |
| Federal National Mortgage Association 4.22638% | FNR.2016-57 FN | 1.86% |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD 4.6119% | FHR.5459 FB | 1.47% |
| Government National Mortgage Association 4.97294% | GNR.2024-51 DF | 1.45% |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD 4.7619% | FHR.5476 FA | 1.29% |
| Federated Govt Oblg Pr Shares | n/a | 1.27% |
| Government National Mortgage Association 4.82294% | GNR.2023-130 NF | 1.26% |
| Government National Mortgage Association 4.72294% | GNR.2024-162 FD | 1.19% |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD 4.9119% | FHR.5396 DF | 0.99% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |
| Dec 31, 2025 | $0.04795 | Dec 31, 2025 |
| Nov 28, 2025 | $0.04429 | Nov 28, 2025 |