Federated Hermes Short-Term Income Fund Class A Shares (FTIAX)
| Fund Assets | 1.79B |
| Expense Ratio | 0.66% |
| Min. Investment | $1,500 |
| Turnover | 32.00% |
| Dividend (ttm) | 0.39 |
| Dividend Yield | 4.51% |
| Dividend Growth | 6.65% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 8.67 |
| YTD Return | 0.48% |
| 1-Year Return | 5.99% |
| 5-Year Return | 13.15% |
| 52-Week Low | 8.19 |
| 52-Week High | 8.67 |
| Beta (5Y) | n/a |
| Holdings | 464 |
| 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 5.99% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.43%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FBNTX | Fidelity | Fidelity Advisor Short-Term Bond Fund - Class M | 0.51% |
| FBNAX | Fidelity | Fidelity Advisor Short-Term Bond Fund - Class A | 0.50% |
| FBNIX | Fidelity | Fidelity Advisor Short-Term Bond Fund - Class I | 0.30% |
| FANCX | Fidelity | Fidelity Advisor Short-Term Bond Fund - Class C | 1.36% |
| FIKTX | Fidelity | Fidelity Advisor Short-Term Bond Fund - Class Z | 0.25% |
Top 10 Holdings
20.31% of assets| Name | Symbol | Weight |
|---|---|---|
| Federated Govt Oblg Pr Shares | n/a | 7.46% |
| Bank Loan Core | n/a | 3.35% |
| Federated Project and Trade Fin Cor | n/a | 1.96% |
| United States Treasury Notes 4.25% | T.4.25 11.30.26 | 1.75% |
| United States Treasury Notes 3.5% | T.3.5 09.30.27 | 1.74% |
| United States Treasury Notes 4.25% | T.4.25 02.28.29 | 0.89% |
| SANTANDER DR AUT REC TR 2024-4 5.32% | SDART.2024-4 D | 0.89% |
| United States Treasury Notes 3.375% | T.3.375 09.15.28 | 0.87% |
| Santander Drive Auto Receivables Trust 2013-A 6.28% | SDART.2024-2 D | 0.78% |
| Federal Home Loan Mortgage Corp. 6% | FR.QI0122 | 0.62% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.03177 | Jan 30, 2026 |
| Dec 31, 2025 | $0.03204 | Dec 31, 2025 |
| Nov 28, 2025 | $0.03218 | Nov 28, 2025 |
| Oct 31, 2025 | $0.03267 | Oct 31, 2025 |
| Sep 30, 2025 | $0.03275 | Sep 30, 2025 |
| Aug 29, 2025 | $0.033 | Aug 29, 2025 |