Federated Hermes Ultrashort Bond R6 (FULLX)
| Fund Assets | 3.17B |
| Expense Ratio | 0.36% |
| Min. Investment | $0.00 |
| Turnover | 49.00% |
| Dividend (ttm) | 0.47 |
| Dividend Yield | 4.99% |
| Dividend Growth | 12.29% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 9.32 |
| YTD Return | 1.37% |
| 1-Year Return | 2.79% |
| 5-Year Return | 12.89% |
| 52-Week Low | 9.24 |
| 52-Week High | 9.32 |
| Beta (5Y) | n/a |
| Holdings | 402 |
| 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 2.79% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.50%.
Top 10 Holdings
15.91% of assets| Name | Symbol | Weight |
|---|---|---|
| Federated Government Obligations Fund | GOFXX | 4.92% |
| Federated Core Trust - Federated Bank Loan Core Fund - FEDERATED CORE TR FEDERATED BANK LOAN CORE FUND | n/a | 3.03% |
| Freddie Mac REMICS | FHR.5396 FQ | 1.12% |
| Government National Mortgage Association | GNR.2024-114 FA | 1.11% |
| Federated Core Trust III - Federated Project and Trade Finance Core Fund - FEDERATED CORE TR III FEDERATED PROJ+TRADE FIN CORE | n/a | 1.10% |
| Freddie Mac REMICS | n/a | 0.95% |
| Fannie Mae REMICS | n/a | 0.95% |
| Navient Student Loan Trust - Navient Private Education Refi Loan Trust 2021-B | NAVSL.2021-BA A | 0.95% |
| COMMONWEALTH BANK AUST - Commonwealth Bank of Australia | n/a | 0.90% |
| Freddie Mac REMICS | n/a | 0.90% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.03866 | Aug 29, 2025 |
| Jul 31, 2025 | $0.03861 | Jul 31, 2025 |
| Jun 30, 2025 | $0.03802 | Jun 30, 2025 |
| May 30, 2025 | $0.03862 | May 30, 2025 |
| Apr 30, 2025 | $0.03821 | Apr 30, 2025 |
| Mar 31, 2025 | $0.03828 | Mar 31, 2025 |