Federated Hermes Prudent Bear Fund Class C Shares (PBRCX)
| Fund Assets | 113.24M |
| Expense Ratio | 3.36% |
| Min. Investment | $1,500 |
| Turnover | 140.00% |
| Dividend (ttm) | 0.43 |
| Dividend Yield | 12.04% |
| Dividend Growth | -41.81% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 27, 2024 |
| Previous Close | 3.530 |
| YTD Return | -6.84% |
| 1-Year Return | -18.24% |
| 5-Year Return | -57.79% |
| 52-Week Low | 3.530 |
| 52-Week High | 4.690 |
| Beta (5Y) | n/a |
| Holdings | 230 |
| Inception Date | Feb 8, 1999 |
About PBRCX
Federated Hermes Prudent Bear Fund Class C Shares is a mutual fund designed primarily to seek capital appreciation by taking short positions in domestically traded equity securities and indices. The fund regularly engages in short sales and may utilize derivatives such as options and futures contracts, allowing it to potentially profit from declines in stock prices. In addition to its core short strategies, the fund maintains positions in short-term liquid assets like money market funds and U.S. Treasury securities for liquidity management and to cover short-sale obligations. The fund may also take long positions in equity securities that the adviser deems undervalued. Its investment approach places it within the trading—inverse equity category, reflecting its capacity to be used as a hedging tool for investors seeking to diversify the risk profile of equity-heavy portfolios. Managed by Federated Equity Management Company of Pennsylvania, the fund is known for its higher risk profile and volatility, including the potential for losses to exceed the amount invested in certain scenarios involving derivatives and short sales. The Prudent Bear Fund's unique strategy addresses the needs of investors looking for exposure to market declines as part of their broader investment objectives.
Performance
PBRCX had a total return of -18.24% in the past year, including dividends. Since the fund's inception, the average annual return has been -0.44%.
Top 10 Holdings
90.20% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury - U.S. Treasury Bills | n/a | 39.44% |
| Federated Government Obligations Fund | GOFXX | 25.64% |
| United States Treasury - U.S. Treasury Bills | n/a | 23.56% |
| Infinity Natural Resources, Inc. | INR | 0.25% |
| Chicago Mercantile Exchange - S+P500 EMINI FUT JUN25 | n/a | 0.25% |
| HBX Group International PLC | HBX | 0.24% |
| SOPHiA GENETICS SA | SOPH | 0.22% |
| Ferrari Group PLC | FERGR | 0.22% |
| Silvaco Group, Inc. | SVCO | 0.20% |
| Smithfield Foods, Inc. | SFD | 0.18% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 27, 2024 | $0.4261 | Dec 30, 2024 |
| Dec 27, 2023 | $0.7322 | Dec 28, 2023 |
| Dec 4, 2008 | $1.34114 | Dec 4, 2008 |
| Dec 28, 2007 | $0.1656 | Dec 28, 2007 |
| Dec 28, 2006 | $0.15239 | Dec 28, 2006 |
| Dec 29, 2005 | $0.04427 | Dec 29, 2005 |