Federated Hermes UltraShort Bond Fund Class R6 Shares (FULLX)
| Fund Assets | 3.77B |
| Expense Ratio | 0.36% |
| Min. Investment | $0.00 |
| Turnover | 30.00% |
| Dividend (ttm) | 0.45 |
| Dividend Yield | 4.85% |
| Dividend Growth | -1.33% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 9.32 |
| YTD Return | 0.49% |
| 1-Year Return | 5.67% |
| 5-Year Return | 18.37% |
| 52-Week Low | 8.83 |
| 52-Week High | 9.33 |
| Beta (5Y) | n/a |
| Holdings | 463 |
| Inception Date | May 29, 2019 |
About FULLX
Federated Hermes Ultrashort Bond Fund R6 is an open-end mutual fund focused on investment-grade, short-duration fixed income. Its primary objective is total return consistent with current income, achieved by investing mainly in high-quality debt such as asset- and mortgage-backed securities, corporate bonds, U.S. Treasury obligations, and government-agency securities. The strategy emphasizes capital preservation and liquidity while managing interest-rate risk through an ultrashort duration profile typically around a year or less. Positioned within the ultrashort bond category, it uses sector allocation and security selection across high-quality credit to balance yield and risk, with a Bloomberg U.S. Short-Term Government/Corporate Index commonly referenced for benchmarking context. The R6 share class is designed for institutional platforms, reflecting lower expense structures and separate performance history conventions relative to other share classes. The fund serves investors seeking a conservative fixed-income core complement or cash-plus exposure, offering diversification across multiple high-grade sectors with disciplined credit research and risk controls integral to its process.
Performance
FULLX had a total return of 5.67% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.17%.
Top 10 Holdings
20.67% of assets| Name | Symbol | Weight |
|---|---|---|
| Federated Govt Oblg Pr Shares | n/a | 9.29% |
| Bank Loan Core | n/a | 3.50% |
| Federated Project and Trade Fin Cor | n/a | 2.11% |
| Government National Mortgage Association 4.91765% | n/a | 0.97% |
| Government National Mortgage Association 4.91765% | n/a | 0.85% |
| Federal National Mortgage Association 4.27419% | n/a | 0.82% |
| FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD 4.87419% | n/a | 0.81% |
| Federal National Mortgage Association 4.82419% | n/a | 0.80% |
| Government National Mortgage Association 4.96765% | n/a | 0.79% |
| Federal Home Loan Mortgage Corp. 4.43867% | n/a | 0.72% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.03554 | Jan 30, 2026 |
| Dec 31, 2025 | $0.03649 | Dec 31, 2025 |
| Nov 28, 2025 | $0.03679 | Nov 28, 2025 |
| Oct 31, 2025 | $0.03814 | Oct 31, 2025 |
| Sep 30, 2025 | $0.03777 | Sep 30, 2025 |
| Aug 29, 2025 | $0.03866 | Aug 29, 2025 |