Federated Hermes Short-Term Income Fund Institutional Shares (FSTYX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

8.46

-0.01 (-0.12%)

At close: Aug 21, 2026

-1.05% (1Y)

Fund Assets	1.85B
Expense Ratio	0.38%
Min. Investment	$1,000,000
Turnover	17.00%
Dividend (ttm)	0.40
Dividend Yield	4.78%
Dividend Growth	-2.09%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 31, 2026

Previous Close	8.47
YTD Return	1.33%
1-Year Return	3.74%
5-Year Return	13.25%
52-Week Low	8.45
52-Week High	8.59
Beta (5Y)	0.06
Holdings	529
Inception Date	Aug 26, 2004

About FSTYX

Federated Hermes Short-Term Income Fund Institutional Shares is an open-end mutual fund focused on generating current income from a diversified short-duration bond portfolio. The fund primarily invests in investment-grade asset-backed and mortgage-backed securities, corporate bonds, and U.S. Treasury and Agency securities, targeting a portfolio duration typically between one and three years to manage interest rate sensitivity. It sits within the short-term bond category and is benchmarked to the Bloomberg 1–3 Year U.S. Government/Credit Index, with an additional internal 0–3 year composite reference. The strategy emphasizes broad sector exposure and high security count, with monthly distributions that reflect its income orientation. By concentrating on high-quality, shorter-maturity instruments, the fund seeks to offer a conservative avenue for income relative to cash alternatives while maintaining liquidity and diversification. Its role in the market is to serve investors aiming to balance income generation with limited duration risk, often as a core short-duration fixed income allocation or a complement to broader bond exposures.

Fund Family Federated

Category Short-Term Bond

Performance Rating Above Average

Risk Rating Below Average

Stock Exchange NASDAQ

Ticker Symbol FSTYX

Share Class Institutional Shares

Index Bloomberg 1-3 Y Government/Credit TR

Performance

FSTYX had a total return of 3.74% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.73%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
FSILX	Class R6 Shares	0.35%
FTIAX	Class A Shares	0.66%
FSTIX	Service Shares	0.66%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 31, 2026	$0.03319	Jul 31, 2026
Jun 30, 2026	$0.03305	Jun 30, 2026
May 29, 2026	$0.03323	May 29, 2026
Apr 30, 2026	$0.03307	Apr 30, 2026
Mar 31, 2026	$0.03328	Mar 31, 2026
Feb 27, 2026	$0.03301	Feb 27, 2026

Full Dividend History