About FSBKX
Federated Hermes Global Allocation Fund Class R Shares is a multi-asset mutual fund designed with a global allocation approach. The fund's main objective is to provide **relative safety of capital** while seeking the possibility of **long-term growth of capital and income**, and it also considers current income as a secondary factor. It achieves this by investing in a diversified blend of asset classes, including global equities, fixed-income instruments, and currencies. Under typical circumstances, at least 40% of the fund’s holdings are invested outside the United States, ensuring exposure across various regions, countries, sectors, investment styles, and market capitalizations.
The portfolio is continually adjusted based on the investment team's outlook on macroeconomic trends, including interest rates, inflation, and regional market dynamics. This dynamic allocation aims to balance risk, return, and correlation between holdings. The fund’s investments encompass both developed and emerging markets, and its equity portion often includes holdings in prominent technology and consumer companies, as well as government and mortgage-backed securities. Classified under the global moderate allocation category, Federated Hermes Global Allocation Fund Class R Shares plays a role in offering diversified, actively managed global exposure to investors seeking both capital preservation and growth within a single portfolio.
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 16.31% in the past year, including dividends. Since the fund's
inception, the average annual return has been 11.03%.
