Federated Hermes Strategic Income Fund Class R6 Shares (STILX)
| Fund Assets | 559.69M |
| Expense Ratio | 0.63% |
| Min. Investment | $1,000,000 |
| Turnover | 49.00% |
| Dividend (ttm) | 0.45 |
| Dividend Yield | 5.24% |
| Dividend Growth | 7.26% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 13, 2026 |
| Previous Close | 8.52 |
| YTD Return | 0.94% |
| 1-Year Return | 9.16% |
| 5-Year Return | 13.07% |
| 52-Week Low | 7.65 |
| 52-Week High | 8.52 |
| Beta (5Y) | n/a |
| Holdings | 260 |
| Inception Date | Jan 27, 2017 |
About STILX
Federated Hermes Strategic Income Fund R6 is a multisector bond mutual fund designed to provide a high level of current income by investing across a broad spectrum of fixed-income securities. The fund allocates its portfolio among three main categories: domestic investment-grade bonds (including U.S. government, mortgage-backed, and corporate securities), domestic non-investment-grade bonds, and foreign securities. This diversified approach enables the fund to adapt to varying market environments and seek opportunities in both developed and emerging markets. A notable characteristic of this fund is its dynamic allocation, with significant weights often placed in high yield, emerging markets, and mortgage-backed securities. Its credit quality and interest rate sensitivity are managed with a moderate risk profile, suitable for investors seeking balance between income potential and risk mitigation. With a competitive expense ratio, the R6 share class is particularly suited for large retirement plans and institutional investors. Federated Hermes Strategic Income Fund R6 plays a significant role in the market by offering diversification and access to income streams from multiple sectors that may perform differently across economic cycles. Its management team leverages Federated Hermes’ internal portfolio capabilities, often investing in affiliated funds and using active asset allocation to optimize risk-adjusted returns.
Performance
STILX had a total return of 9.16% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.69%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 13, 2026 | $0.0306 | Feb 17, 2026 |
| Jan 13, 2026 | $0.0291 | Jan 14, 2026 |
| Dec 30, 2025 | $0.0949 | Dec 31, 2025 |
| Nov 13, 2025 | $0.042 | Dec 1, 2025 |
| Oct 13, 2025 | $0.036 | Oct 14, 2025 |
| Sep 15, 2025 | $0.0373 | Sep 16, 2025 |