Federated Hermes Total Return Bond Fund Institutional Shares (FTRBX)
| Fund Assets | 15.18B |
| Expense Ratio | 0.39% |
| Min. Investment | $1,000,000 |
| Turnover | 45.00% |
| Dividend (ttm) | 0.43 |
| Dividend Yield | 4.54% |
| Dividend Growth | 1.49% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 9.43 |
| YTD Return | -0.13% |
| 1-Year Return | 4.15% |
| 5-Year Return | -1.37% |
| 52-Week Low | 9.33 |
| 52-Week High | 9.68 |
| Beta (5Y) | 0.10 |
| Holdings | 906 |
| Inception Date | Oct 1, 1996 |
About FTRBX
Federated Hermes Total Return Bond Fund Institutional Shares is an actively managed mutual fund focused on delivering total return by investing primarily in U.S. dollar-denominated, investment-grade fixed-income securities. It employs a diversified, core-plus strategy, meaning it allocates assets broadly across sectors such as U.S. Treasuries, mortgage-backed securities, and corporate bonds, while also selectively incorporating high-yield and non-U.S. dollar denominated bonds—though these typically remain a relatively small part of the portfolio. The fund is managed by an experienced team and seeks to balance credit quality (generally high investment grade) with moderate interest rate sensitivity, as reflected in its effective duration. With more than 1,000 holdings and total assets exceeding $14 billion, it plays a significant role in the intermediate core-plus bond fund category and is designed to serve institutional investors seeking stable income and capital preservation in their fixed-income allocations. The fund distributes income monthly and has a history dating back to 1996, making it an established choice for institutional fixed-income exposure.
Performance
FTRBX had a total return of 4.15% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.53%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.03508 | Jun 30, 2026 |
| May 29, 2026 | $0.03558 | May 29, 2026 |
| Apr 30, 2026 | $0.03471 | Apr 30, 2026 |
| Mar 31, 2026 | $0.03389 | Mar 31, 2026 |
| Feb 27, 2026 | $0.035 | Feb 27, 2026 |
| Jan 30, 2026 | $0.03422 | Jan 30, 2026 |