Federated Hermes Project AndTrdFinTenIns (XPTFX)

Fund Assets	n/a
Expense Ratio	0.41%
Min. Investment	n/a
Turnover	n/a
Dividend (ttm)	0.61
Dividend Yield	6.00%
Dividend Growth	-17.49%
Payout Frequency	Quarterly
Ex-Dividend Date	Jun 29, 2026

Previous Close	10.18
YTD Return	4.46%
1-Year Return	7.02%
5-Year Return	34.73%
52-Week Low	10.01
52-Week High	10.22
Beta (5Y)	n/a
Holdings	104
Inception Date	n/a

About XPTFX

Federated Hermes Project and Trade Finance Tender Fund is a continuously offered, closed-end investment fund that specializes in providing investors with exposure to trade finance and project finance assets on a global scale. The fund’s primary objective is to generate total return, predominantly from income, by investing in a diversified portfolio comprising trade finance, structured trade, export finance, import finance, supply chain financing, and project finance securities. These assets are typically linked to entities—including sovereign entities—active in or exposed to emerging markets, granting investors access to a sector historically reserved for institutional participants. This fund stands out for targeting an asset class with low correlation to moves in both traditional stock and fixed-income markets, as well as commodities, thus offering potential portfolio diversification benefits. Managed by a dedicated investment team, it seeks to outperform the ICE BofA US Dollar 1-Month Deposit Offered Rate Constant Maturity Index while maintaining a relatively low volatility profile. Share purchases are accepted monthly and shares are not listed on an exchange, but periodic repurchase offers provide limited liquidity to shareholders. The fund is non-diversified and subject to emerging market risks and trade finance-specific considerations, reflecting its specialized focus within global finance.

• Stock Exchange: NASDAQ
• Ticker Symbol: XPTFX

Performance

XPTFX had a total return of 7.02% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.51%.

Top 10 Holdings

20.72% of assets

Name	Symbol	Weight
Federated Hermes Govt Obl Premier	GOFXX	5.31%
Republic of Cote d'Ivoire The2025 EUR 12 M Short Syndicated Term Loan	n/a	1.92%
TAAG - Linhas Aereas de AngolaPre-Delivery Payments Financing Facility	n/a	1.79%
Staatsolie Maatschappij Suriname NV2025 Term Loan	n/a	1.74%
Phoenix Tower International (PTI) Iberica V, NewCo EUR Refinancing Term Loan	n/a	1.69%
Yeco Leasing LimitedSenior Secured Portfolio Aircraft Financing	n/a	1.69%
Glencore International AG 2022 Term Loan	n/a	1.67%
Azule Energy Holding Ltd Pre Export Term Loan	n/a	1.65%
TDC Net A/S EUR Sustainability Linked Senior Term Loan	n/a	1.63%
National Bank of Egypt 2024 1st Lien Deferred Payment LC	n/a	1.63%

Dividend History

Ex-Dividend	Amount	Pay Date
Jun 29, 2026	$0.1496	Jun 30, 2026
Mar 30, 2026	$0.1216	Mar 31, 2026
Dec 30, 2025	$0.2026	Dec 31, 2025
Sep 29, 2025	$0.1366	Sep 30, 2025
Jun 27, 2025	$0.1535	Jun 30, 2025
Mar 28, 2025	$0.2324	Mar 31, 2025

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Aug 28, 2026

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