Federated Hermes Ultrashort Bond Fund Institutional Shares (FULIX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

9.28

0.00 (0.00%)

At close: Aug 26, 2026

-0.22% (1Y)

Fund Assets	4.29B
Expense Ratio	0.37%
Min. Investment	$1,000,000
Turnover	30.00%
Dividend (ttm)	0.43
Dividend Yield	4.61%
Dividend Growth	-8.20%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 31, 2026

Previous Close	9.28
YTD Return	2.18%
1-Year Return	4.48%
5-Year Return	17.84%
52-Week Low	9.26
52-Week High	9.33
Beta (5Y)	0.08
Holdings	552
Inception Date	Feb 22, 2000

About FULIX

Federated Hermes Ultrashort Bond Fund Institutional Shares is a mutual fund designed to provide total return consistent with current income. It invests primarily in investment-grade fixed-income securities, such as asset-backed securities, corporate debt securities, agency mortgage-backed securities, and commercial mortgage-backed securities, with allocations including significant exposure to asset-backed at around 45% and corporate bonds at about 26%. The fund may allocate up to 35% of its assets to noninvestment-grade fixed-income securities and maintains at least 80% of net assets in fixed-income investments overall. Classified in the ultrashort bond category, it focuses on U.S. fixed-income issues with durations typically less than one year, offering minimal interest-rate sensitivity. This positions it as a low-risk option within the fixed-income market, suitable for investors seeking stability and income from short-term debt instruments while navigating credit quality from high to moderate levels. Portfolio turnover stands at 49%, reflecting active management across 403 holdings. Managed by Federated Hermes, it serves institutional investors through its share class structure.

Fund Family Federated

Category Ultrashort Bond

Performance Rating Above Average

Risk Rating Above Average

Stock Exchange NASDAQ

Ticker Symbol FULIX

Share Class Institutional Shares

Index Bloomberg U.S. Short Govt/Corporate TR

Performance

FULIX had a total return of 4.48% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.24%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
FULLX	Class R6 Shares	0.36%
FULBX	Service Shares	0.47%
FULAX	Class A Shares	0.52%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 31, 2026	$0.03441	Jul 31, 2026
Jun 30, 2026	$0.03382	Jun 30, 2026
May 29, 2026	$0.03436	May 29, 2026
Apr 30, 2026	$0.03421	Apr 30, 2026
Mar 31, 2026	$0.03465	Mar 31, 2026
Feb 27, 2026	$0.03375	Feb 27, 2026

Full Dividend History