About FSBKX
Federated Hermes Global Allocation Fund Class R Shares is a mutual fund designed to pursue relative safety of capital alongside the potential for long-term growth of capital and current income. It invests across a globally diverse mix of asset classes, including equities, fixed-income securities, and currency instruments, targeting specific regions, countries, sectors, styles, and sizes. Under normal circumstances, at least 40% of its portfolio is allocated to investments outside the United States, enabling exposure to international opportunities in developed and emerging markets. The fund's asset allocation is actively adjusted based on the investment team's assessment of economic and market conditions, such as liquidity, volatility, interest rates, inflation, and country-specific factors, while considering risk, return, and correlations among holdings. Key portfolio components include U.S. large-cap equities, foreign developed and emerging equities and fixed income, mortgage core portfolios, emerging markets core funds, and selective individual securities like major technology firms. Managed by a dedicated team of experienced professionals, this fund falls within the global moderate allocation category, offering a balanced approach suitable for retirement-oriented investors seeking diversified, multi-asset exposure.
Fund Family Federated
Category Flexible Portfolio
Performance Rating Below Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol FSBKX
Share Class Class R Shares
Index S&P 500 TR
FSBKX had a total return of 15.35% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.84%.
