Federated Hermes Short-Term Income A (FTIAX)
| Fund Assets | 1.46B |
| Expense Ratio | 0.66% |
| Min. Investment | $1,500 |
| Turnover | 32.00% |
| Dividend (ttm) | 0.39 |
| Dividend Yield | 4.52% |
| Dividend Growth | 28.87% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 8.55 |
| YTD Return | 1.83% |
| 1-Year Return | 3.05% |
| 5-Year Return | 8.20% |
| 52-Week Low | 8.45 |
| 52-Week High | 8.58 |
| Beta (5Y) | n/a |
| Holdings | 424 |
| Inception Date | Aug 26, 2004 |
About FTIAX
Federated Hermes Short-Term Income Fund Class A is an actively managed mutual fund focused on generating current income from a diversified portfolio of short- and medium-term fixed-income securities. The strategy emphasizes investment-grade instruments, including U.S. government and agency debt, as well as privately issued mortgage-backed and asset-backed securities, aligning with a short-term bond profile designed to temper interest-rate sensitivity relative to longer-duration funds. The fund distributes income monthly and targets broad sector exposure across corporates, asset-backed securities, Treasuries, and mortgages, supported by a large, multi-hundred holding count that enhances diversification. Positioned within the short-term bond category, it seeks a balance of income and stability, with a low risk rating and an index context tied to short-dated government and credit benchmarks. Established in 2004 and managed under Federated Hermes’ fixed-income platform, it plays a role for investors seeking conservative bond market participation, cash-flow consistency, and credit diversification without the constraints of money market fund rules.
Performance
FTIAX had a total return of 3.05% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.96%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
13.02% of assets| Name | Symbol | Weight |
|---|---|---|
| Federated Govt Oblg Pr Shares | n/a | 2.83% |
| United States Treasury Notes 4.25% | T.4.25 11.30.26 | 2.11% |
| Bank Loan Core | n/a | 1.86% |
| United States Treasury Notes 4.25% | T.4.25 02.28.29 | 1.07% |
| SANTANDER DR AUT REC TR 2024-4 5.32% | SDART.2024-4 D | 1.06% |
| Federated Project and Trade Fin Cor | n/a | 0.94% |
| SANTANDER DRIVE AUTO RECEIVABLES TRUST 2024-2 6.28% | SDART.2024-2 D | 0.94% |
| Federal Home Loan Mortgage Corp. 6% | FR.QI0122 | 0.82% |
| VERIZON MASTER TR 2021-1 5.2% | VZMT.2025-4 C | 0.72% |
| Federal Home Loan Mortgage Corp. 6.5% | FR.QI4114 | 0.68% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.03303 | Jul 31, 2025 |
| Jun 30, 2025 | $0.03305 | Jun 30, 2025 |
| May 30, 2025 | $0.03313 | May 30, 2025 |
| Apr 30, 2025 | $0.03299 | Apr 30, 2025 |
| Mar 31, 2025 | $0.03238 | Mar 31, 2025 |
| Feb 28, 2025 | $0.03204 | Feb 28, 2025 |