About FSBLX
Federated Hermes Global Allocation Fund Class R6 is a diversified mutual fund designed to balance relative safety of capital with the potential for long-term growth and income. Its core strategy targets a flexible asset allocation, typically investing between 20% and 80% of its portfolio in equity securities and between 20% and 80% in fixed income instruments, with the exact allocation shifting in response to evolving market conditions and macroeconomic factors. The fund provides global exposure by investing in a range of sectors, regions, and asset classes, with at least 40% of assets normally placed outside the United States, allowing for diversified opportunities internationally. Holdings span large U.S. equities, foreign developed and emerging markets equities, government and corporate bonds, as well as currency and futures positions, with notable investments in leading companies such as Apple, Microsoft, NVIDIA, and Amazon, as well as substantial allocation to emerging market and mortgage-backed securities. Classified as a Global Moderate Allocation fund, it aims to deliver steady income—paid quarterly—and maintain a disciplined risk profile, pertinent to multi-asset investors seeking worldwide diversification in pursuit of both growth and income.
Fund Family Federated
Category Flexible Portfolio
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol FSBLX
Share Class Class R6 Shares
Index S&P 500 TR
FSBLX had a total return of 17.25% in the past year, including dividends. Since the fund's
inception, the average annual return has been 12.33%.
