Federated Hermes Total Return Bond Fund Class A Shares (TLRAX)
| Fund Assets | 15.14B |
| Expense Ratio | 0.94% |
| Min. Investment | $1,500 |
| Turnover | 45.00% |
| Dividend (ttm) | 0.38 |
| Dividend Yield | 3.81% |
| Dividend Growth | 1.60% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 9.43 |
| YTD Return | 0.03% |
| 1-Year Return | 3.47% |
| 5-Year Return | -3.23% |
| 52-Week Low | 9.33 |
| 52-Week High | 9.68 |
| Beta (5Y) | 0.10 |
| Holdings | 906 |
| 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 3.47% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.39%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.03082 | Jun 30, 2026 |
| May 29, 2026 | $0.03118 | May 29, 2026 |
| Apr 30, 2026 | $0.03042 | Apr 30, 2026 |
| Mar 31, 2026 | $0.02945 | Mar 31, 2026 |
| Feb 27, 2026 | $0.03094 | Feb 27, 2026 |
| Jan 30, 2026 | $0.02974 | Jan 30, 2026 |