Federated Hermes Short-Term Income Fund Class A Shares (FTIAX)
| Fund Assets | 1.83B |
| Expense Ratio | 0.66% |
| Min. Investment | $1,500 |
| Turnover | 27.00% |
| Dividend (ttm) | 0.38 |
| Dividend Yield | 4.48% |
| Dividend Growth | -1.28% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 8.48 |
| YTD Return | 1.04% |
| 1-Year Return | 3.86% |
| 5-Year Return | 12.47% |
| 52-Week Low | 8.47 |
| 52-Week High | 8.59 |
| Beta (5Y) | 0.06 |
| Holdings | 523 |
| 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 3.86% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.12%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.03129 | Jun 30, 2026 |
| May 29, 2026 | $0.0314 | May 29, 2026 |
| Apr 30, 2026 | $0.03119 | Apr 30, 2026 |
| Mar 31, 2026 | $0.03145 | Mar 31, 2026 |
| Feb 27, 2026 | $0.03134 | Feb 27, 2026 |
| Jan 30, 2026 | $0.03177 | Jan 30, 2026 |