About FTRFX
Federated Hermes Total Return Bond Fund Service Shares is a diversified mutual fund focused on delivering total return by investing primarily in U.S. dollar denominated, investment-grade fixed-income securities. Managed by Federated Hermes, the fund employs a multi-sector strategy, drawing from U.S. government bonds, investment-grade corporate debt, and selectively incorporating high-yield, non-investment grade, or emerging market fixed-income instruments when the risk-return outlook is favorable. Up to 25% of assets may be invested in non-investment-grade securities, and a limited allocation to non-U.S. dollar and foreign currency securities is permitted, with a strict cap. The fund seeks to balance income generation, capital appreciation, and risk control, making it suitable for investors seeking broad exposure to the U.S. bond market. It plays a significant role in fixed income portfolios by providing diversified exposure across the bond sectors, actively managed credit allocation, and interest rate sensitivity to deliver a total return profile for a wide range of investors.
Fund Family Federated
Category Intermediate Core-Plus Bond
Performance Rating Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol FTRFX
Share Class Service Shares
Index Bloomberg U.S. Aggregate Bond TR
FTRFX had a total return of -1.91% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.12%.
