Federated Hermes Total Return Bond Fund Class A Shares (TLRAX)
| Fund Assets | 14.67B |
| Expense Ratio | 0.94% |
| Min. Investment | $1,500 |
| Turnover | 60.00% |
| Dividend (ttm) | 0.37 |
| Dividend Yield | 3.73% |
| Dividend Growth | 8.67% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 9.46 |
| YTD Return | 1.55% |
| 1-Year Return | 2.24% |
| 5-Year Return | -6.84% |
| 52-Week Low | 9.23 |
| 52-Week High | 9.82 |
| Beta (5Y) | n/a |
| Holdings | 1102 |
| Inception Date | Aug 16, 2001 |
About TLRAX
Federated Hermes Total Return Bond Fund Class A is an open-end mutual fund specializing in diversified fixed income investments. Its primary aim is to deliver total return by allocating assets mainly to investment-grade U.S. fixed-income securities, such as U.S. government bonds, mortgage-backed securities, and corporate debt. Classified within the intermediate core-plus bond category, the fund leverages a flexible strategy, permitting allocations beyond traditional sectors to include modest exposures to high-yield, bank loans, and emerging market debt, thereby enhancing potential yield and diversification. The portfolio typically maintains moderate duration and interest rate sensitivity, with a significant concentration in its top holdings, often exceeding 60% of assets. Managed by a seasoned team, the fund is positioned to respond dynamically to shifting interest rates and credit conditions. Notable for its monthly income distributions, it serves investors seeking consistent income and broad-based exposure to the U.S. bond market while actively managing credit and sector risks. Since inception in 2001, the fund has played a significant role for investors looking to balance income, stability, and capital preservation within their fixed income allocation.
Performance
TLRAX had a total return of 2.24% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.30%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FGBPX | Fidelity | Fidelity Advisor Investment Grade Bond Fund - Class I | 0.50% |
| FSMTX | Fidelity | Fidelity SAI Total Bond Fund | 0.29% |
| FGBCX | Fidelity | Fidelity Advisor Investment Grade Bond Fund - Class C | 1.52% |
| FGBTX | Fidelity | Fidelity Advisor Investment Grade Bond Fund - Class M | 0.74% |
| FTKFX | Fidelity | Fidelity Total Bond K6 Fund | 0.30% |
Top 10 Holdings
55.05% of assets| Name | Symbol | Weight |
|---|---|---|
| Federated Core Trust - Federated Mortgage Core Portfolio - FEDERATED CORE TR MTG CORE PORTFOLIO | n/a | 21.12% |
| United States Treasury - U.S. Treasury Notes | T.4.625 02.15.35 | 7.79% |
| Federated Core Trust III - Federated Project and Trade Finance Core Fund - FEDERATED CORE TR III FEDERATED PROJ+TRADE FIN CORE | n/a | 6.98% |
| United States Treasury - U.S. Treasury Notes | n/a | 5.13% |
| Federated Core Trust - High Yield Bond Portfolio - FED HIGH YLD BOND PORT | n/a | 3.02% |
| United States Treasury - U.S. Treasury Bonds | T.4.25 02.15.54 | 2.61% |
| United States Treasury - U.S. Treasury Bonds | T.4.125 08.15.53 | 2.47% |
| PRUDENTIAL QMA STRAT VAL- - FEDERATED CORE TR MUTUAL FUND | n/a | 2.45% |
| United States Treasury - U.S. Treasury Notes | T.3.75 08.31.31 | 1.82% |
| United States Treasury - U.S. Treasury Notes | T.4.25 11.15.34 | 1.66% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.03176 | Jun 30, 2025 |
| May 30, 2025 | $0.03178 | May 30, 2025 |
| Apr 30, 2025 | $0.0314 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02907 | Mar 31, 2025 |
| Feb 28, 2025 | $0.02922 | Feb 28, 2025 |
| Jan 31, 2025 | $0.0303 | Jan 31, 2025 |