About STIAX
Federated Hermes Strategic Income Fund Class A is a multisector bond mutual fund designed to deliver a high level of current income through flexible allocation across diverse fixed-income markets. The fund’s adviser actively rotates among three core segments: domestic investment‑grade bonds—including U.S. Treasuries, agency mortgage-backed securities, and corporates—domestic non‑investment‑grade credit, and foreign debt, balancing credit and interest‑rate exposures as conditions evolve. The portfolio is broadly diversified yet features meaningful allocations to internal Federated Hermes fixed‑income portfolios and U.S. Treasury futures to manage duration and liquidity, with recent top holdings concentrated in high yield, emerging markets debt, and mortgage exposures. Classified in the Multisector Bond category, it targets medium credit quality and moderate interest‑rate sensitivity, seeking consistent income distributions while navigating credit cycles. The fund carries a front‑load share class structure with ongoing expenses typical of active bond strategies, and publishes standard performance and yield metrics through the sponsor. Its role in the market is to provide a single‑ticket, dynamically managed income solution spanning multiple bond sectors under one risk‑aware framework.
Fund Family Federated
Category Multisector Bond
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol STIAX
Share Class Class A Shares
Index Bloomberg U.S. Aggregate Bond TR
STIAX had a total return of 7.13% in the past year, including dividends.
Since the fund's inception, the average annual return has been 5.77%.
