Federated Hermes Short Duration Corporate ETFFederated Hermes Short Duration Corporate ETFFederated Hermes Short Duration Corporate ETF

Federated Hermes Short Duration Corporate ETF

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Key stats

Assets under management (AUM)
‪26.70 M‬USD
Fund flows (1Y)
Dividend yield (indicated)
2.93%
Discount/Premium to NAV
0.4%

About Federated Hermes Short Duration Corporate ETF

Issuer
Federated Hermes, Inc.
Brand
Federated Hermes
Expense ratio
0.30%
Inception date
Dec 16, 2021
Index tracked
No Underlying Index
Management style
Active
The fund actively and primarily invests in a portfolio of investment-grade, US dollar-denominated corporate bonds issued by US or foreign companies. The adviser employs a corporate earnings analysis in determining the most advantageous business sectors and credit ratings, and conducts a series of fundamental analysis that focuses on the companys business, competitive position, and financial condition in selecting individual securities. The fund is actively managed, and seeks to maintain an expected dollar-weighted average duration range of 1.5 to 3.5 years. In managing its credit risk, the fund may also hold US Treasurys, US government agency securities, and derivatives such as futures contracts, option contracts, and swap contracts. FCSH is designed for investors who are seeking to invest in a diversified portfolio delivering efficient exposure to the potential of high quality corporate debt securities in USD.

Classification

Asset Class
Fixed income
Category
Corporate, broad-based
Focus
Investment grade
Niche
Short-term
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary

Returns

1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund

As of May 2, 2024
Exposure type
Bonds, Cash & Other
Corporate
Bonds, Cash & Other100.00%
Corporate98.61%
Mutual fund1.27%
Cash0.12%
Top 10 holdings

Dividends

Dividend payout history

Assets under management (AUM)

Fund Flows