Skip to Content

Federated Hermes Adj Rate IS FEUNX

Medalist Rating as of | See Federated Hermes Investment Hub
  • NAV / 1-Day Return 9.31  /  +0.01 %
  • Total Assets 158.1 Mil
  • Adj. Expense Ratio
    0.310%
  • Expense Ratio 0.310%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category Short Government
  • Credit Quality / Interest Rate Sensitivity High/Limited
  • Min. Initial Investment 1.0 Mil
  • Status Open
  • TTM Yield 5.48%
  • Effective Duration 1.30 years

USD | NAV as of Jul 23, 2024 | 1-Day Return as of Jul 23, 2024, 11:46 PM GMT+0

Morningstar’s Analysis FEUNX

Will FEUNX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

A spot in the sun after spending much of recent history in the shadows.

Strategist Maciej Kowara

Maciej Kowara

Strategist

Summary

We have qualitatively reviewed this strategy and reaffirmed its Process and People ratings. The following text is substantially unchanged from its July 13, 2023 publication.

Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings FEUNX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 25.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Federated Hermes Govt Obl Premier

5.47 8.5 Mil
Cash and Equivalents

Federal Home Loan Mortgage Corp. 5.88487%

4.14 6.4 Mil
Securitized

FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD 6.27039%

3.23 5.0 Mil
Securitized

Federal National Mortgage Association 5.88487%

2.97 4.6 Mil
Securitized

Federal National Mortgage Association 5.73487%

2.58 4.0 Mil
Securitized

Federal Home Loan Mortgage Corp. 5.5%

2.54 3.9 Mil
Securitized

Federal Home Loan Mortgage Corp. 5.73312%

2.40 3.7 Mil
Securitized

Federal National Mortgage Association 5.88487%

2.19 3.4 Mil
Securitized

Federal Home Loan Mortgage Corp. 5.88312%

2.10 3.2 Mil
Securitized

Federal Home Loan Mortgage Corp. 5.83312%

1.86 2.9 Mil
Securitized