About SBFIX
Federated Hermes Global Allocation Fund Institutional Shares is a mutual fund designed to provide total return through a flexible, diversified investment approach. It allocates assets across a broad spectrum of classes, including equities, fixed-income securities, and potentially others like futures and affiliated funds, targeting both domestic and international markets. Notable features include its top holdings, such as Federated Emerging Markets Core Bond Fund, U.S. Treasury futures, and leading technology stocks like NVIDIA Corp., Microsoft Corp., and Apple Inc., representing key sectors including technology, government bonds, and emerging markets. Launched with Institutional Shares on June 12, 2009, it succeeds earlier funds through reorganizations, emphasizing global diversification to manage risks from interest rate changes, currency fluctuations, equity volatility, and high-yield securities. With total assets around $285 million and an adjusted expense ratio of 0.86%, it plays a significant role in offering institutional investors a balanced, multi-asset strategy for navigating complex global financial environments.
Fund Family Federated
Category Flexible Portfolio
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol SBFIX
Share Class Institutional Shares
Index S&P 500 TR
SBFIX had a total return of 16.21% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.84%.
