Federated Hermes Short Term Income Fund Class R6 Shares (FSILX)
| Fund Assets | 1.30B |
| Expense Ratio | 0.35% |
| Min. Investment | $1,000,000 |
| Turnover | 58.00% |
| Dividend (ttm) | 0.38 |
| Dividend Yield | 4.54% |
| Dividend Growth | 63.37% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Dec 31, 2024 |
| Previous Close | 8.48 |
| YTD Return | -0.24% |
| 1-Year Return | 4.70% |
| 5-Year Return | 10.01% |
| 52-Week Low | 8.35 |
| 52-Week High | 8.58 |
| Beta (5Y) | n/a |
| Holdings | 391 |
| Inception Date | Jan 20, 2017 |
About FSILX
In pursuing its principal investment strategies, the fund invests in a diversified portfolio of fixed-income securities consisting of U.S. government and privately issued mortgage-backed and asset-backed securities, corporate debt securities and U.S. Treasury and agency securities. At least 65% of the fund's securities must be rated A or higher by a nationally recognized statistical rating organization. The adviser seeks to enhance the fund's performance by allocating relatively more of its portfolio to the security type that the Adviser expects to offer the best balance between current income and risk.
Performance
FSILX had a total return of 4.70% in the past year. Since the fund's inception, the average annual return has been 2.22%, including dividends.
Top 10 Holdings
16.39% of assets| Name | Symbol | Weight |
|---|---|---|
| Money Market Obligations Trust - Federated Government Obligations Fund | GOFXX | 6.71% |
| Federated Core Trust - High Yield Bond Portfolio - FED HIGH YLD BOND PORT | n/a | 1.84% |
| United States Treasury - U.S. Treasury Notes | T 4.25 02.28.29 | 1.16% |
| Santander Drive Auto Receivables Trust 2024-4 | SDART 2024-4 D | 1.15% |
| Santander Drive Auto Receivables Trust 2024-2 | SDART 2024-2 D | 1.03% |
| Freddie Mac Pool | FR QI0122 | 0.97% |
| Fontainebleau Miami Beach Trust 2019-FBLU | FMBT 2019-FBLU B | 0.92% |
| Freddie Mac Pool | n/a | 0.88% |
| Fannie Mae Pool | FN DA5003 | 0.88% |
| Freddie Mac Pool | FR SD8433 | 0.86% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 31, 2024 | $0.03466 | Dec 31, 2024 |
| Nov 29, 2024 | $0.03434 | Nov 29, 2024 |
| Oct 31, 2024 | $0.03443 | Oct 31, 2024 |
| Sep 30, 2024 | $0.03426 | Sep 30, 2024 |
| Aug 30, 2024 | $0.03429 | Aug 30, 2024 |
| Jul 31, 2024 | $0.03364 | Jul 31, 2024 |