Federated Hermes Short-Term Income Fund Class A Shares (FTIAX)
| Fund Assets | 1.23B |
| Expense Ratio | 0.66% |
| Min. Investment | $1,500 |
| Turnover | 58.00% |
| Dividend (ttm) | 0.30 |
| Dividend Yield | 3.52% |
| Dividend Growth | 68.97% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2024 |
| Previous Close | 8.57 |
| YTD Return | 3.61% |
| 1-Year Return | 6.45% |
| 5-Year Return | 8.48% |
| 52-Week Low | 8.20 |
| 52-Week High | 8.53 |
| Beta (5Y) | n/a |
| Holdings | 378 |
| Inception Date | Aug 26, 2004 |
About FTIAX
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
FTIAX had a total return of 6.45% in the past year. Since the fund's inception, the average annual return has been 1.92%, including dividends.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FIKTX | Fidelity | Fidelity Advisor Short-Term Bond Fund - Class Z | 0.25% |
| FANCX | Fidelity | Fidelity Advisor Short-Term Bond Fund - Class C | 1.36% |
| FSHBX | Fidelity | Fidelity Short-Term Bond Fund | 0.30% |
| FBNTX | Fidelity | Fidelity Advisor Short-Term Bond Fund - Class M | 0.51% |
| FZOMX | Fidelity | Fidelity SAI Short-Term Bond | 0.21% |
Top 10 Holdings
13.26% of assets| Name | Symbol | Weight |
|---|---|---|
| Federated Govt Oblg Pr Shares | n/a | 3.23% |
| High Yield Bond Portfolio | n/a | 1.89% |
| United States Treasury Notes 4.25% | T 4.25 02.28.29 | 1.23% |
| SANTANDER DRIVE AUTO RECEIVABLES TRUST 2024-2 6.28% | SDART 2024-2 D | 1.09% |
| Federal Home Loan Mortgage Corp. 6% | FR QI0122 | 1.04% |
| Federal National Mortgage Association 6% | FN DA5003 | 1.03% |
| Federal Home Loan Mortgage Corp. 6.5% | FR SD8433 | 0.98% |
| Federal Home Loan Mortgage Corp. 6.5% | FR QI4114 | 0.98% |
| FONTAINEBLEAU MIAMI BEACH TRUST 3.447% | FMBT 2019-FBLU B | 0.97% |
| Federal National Mortgage Association 6% | FN DA1519 | 0.84% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 30, 2024 | $0.03214 | Aug 30, 2024 |
| Jul 31, 2024 | $0.03148 | Jul 31, 2024 |
| Jun 28, 2024 | $0.03056 | Jun 28, 2024 |
| May 31, 2024 | $0.03004 | May 31, 2024 |
| Apr 30, 2024 | $0.02811 | Apr 30, 2024 |
| Mar 28, 2024 | $0.02695 | Mar 28, 2024 |