Federated Hermes Strategic Income Fund Class IS Shares (STISX)
| Fund Assets | 564.70M |
| Expense Ratio | 0.64% |
| Min. Investment | $1,000,000 |
| Turnover | 49.00% |
| Dividend (ttm) | 0.45 |
| Dividend Yield | 5.39% |
| Dividend Growth | 7.35% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | May 13, 2026 |
| Previous Close | 8.29 |
| YTD Return | 0.32% |
| 1-Year Return | 7.28% |
| 5-Year Return | 11.41% |
| 52-Week Low | 8.10 |
| 52-Week High | 8.49 |
| Beta (5Y) | n/a |
| Holdings | 273 |
| Inception Date | Jan 28, 2008 |
About STISX
Federated Hermes Strategic Income Fund Institutional Shares is a multi-sector bond mutual fund designed to provide a high level of current income. The fund primarily invests across three core categories of fixed income securities: U.S. investment-grade (including government, mortgage-backed, and corporate bonds), domestic non-investment grade corporate bonds, and foreign debt instruments. Its portfolio typically holds a diverse mix of over 250 securities, with a notable concentration in its top holdings, and it employs a flexible allocation strategy across sectors and geographies to pursue income opportunities while managing risk. The fund pays dividends monthly and has an institutional minimum investment level, making it particularly suitable for larger or professional investors. Federated Hermes Strategic Income Fund Institutional Shares plays a significant role within the fixed income market by offering diversified exposure to various credit qualities and maturities, which can help investors balance yield and risk in core bond allocations.
Performance
STISX had a total return of 7.28% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.97%.
Top 10 Holdings
86.04% of assets| Name | Symbol | Weight |
|---|---|---|
| High Yield Bond Portfolio | n/a | 28.28% |
| Federated Emerging Markets Core | n/a | 20.01% |
| Federated Mortgage Core Portfolio | n/a | 13.14% |
| 2 Year Treasury Note Future June 26 | n/a | 7.86% |
| Federated Project and Trade Fin Cor | n/a | 6.76% |
| United States Treasury Notes 4.25% | T.4.25 08.15.35 | 3.67% |
| United States Treasury Notes 4% | T.4 05.31.30 | 2.47% |
| 10 Year Treasury Note Future June 26 | n/a | 1.37% |
| Federated Govt Oblg Pr Shares | n/a | 1.33% |
| United States Treasury Notes 4% | T.4 02.28.30 | 1.15% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 13, 2026 | $0.0294 | May 14, 2026 |
| Apr 13, 2026 | $0.030 | Apr 14, 2026 |
| Mar 13, 2026 | $0.0287 | Mar 16, 2026 |
| Feb 13, 2026 | $0.0306 | Feb 17, 2026 |
| Jan 13, 2026 | $0.029 | Jan 14, 2026 |
| Dec 30, 2025 | $0.0949 | Dec 31, 2025 |