Federated Hermes Ultrashort Bond R6 (FULLX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.30
0.00 (0.00%)
Aug 21, 2025, 4:00 PM EDT
Fund Assets2.99B
Expense Ratio0.36%
Min. Investment$0.00
Turnover49.00%
Dividend (ttm)0.47
Dividend Yield5.02%
Dividend Growth16.26%
Payout FrequencyMonthly
Ex-Dividend Daten/a
Previous Close9.30
YTD Return1.15%
1-Year Return3.36%
5-Year Return13.02%
52-Week Low9.24
52-Week High9.31
Beta (5Y)n/a
Holdings403
Inception DateMay 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.

Fund Family Federated
Category Ultrashort Bond
Stock Exchange NASDAQ
Ticker Symbol FULLX
Share Class Class R6 Shares
Index Bloomberg U.S. Short Govt/Corporate TR

Performance

FULLX had a total return of 3.36% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.50%.

Other Share Classes

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

SymbolShare ClassExpense Ratio
FULIXInstitutional Shares0.37%
FULBXService Shares0.47%
FULAXClass A Shares0.52%

Top 10 Holdings

16.31% of assets
NameSymbolWeight
Federated Govt Oblg Pr Sharesn/a5.03%
Bank Loan Coren/a3.12%
FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD 5.30517%FHR.5396 FQ1.14%
Government National Mortgage Association 5.30185%GNR.2024-114 FA1.13%
Federated Project and Trade Fin Corn/a1.13%
FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD 5.40517%FHR.5449 FE0.97%
Federal National Mortgage Association 5.30517%FNR.2024-22 FB0.97%
NAVIENT PVT ED RI LN TR 2021-B 0.94%NAVSL.2021-BA A0.97%
Commonwealth Bank of Australia 4.73555%CBAAU.F 07.07.25 144A0.92%
Federal Home Loan Mortgage Corp. 4.86965%FHR.4993 F0.92%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Jul 31, 2025$0.03861Jul 31, 2025
Jun 30, 2025$0.03802Jun 30, 2025
May 30, 2025$0.03862May 30, 2025
Apr 30, 2025$0.03821Apr 30, 2025
Mar 31, 2025$0.03828Mar 31, 2025
Feb 28, 2025$0.0371Feb 28, 2025
Full Dividend History