FCSHFederated Hermes Short Duration Corporate ETF

Get income4y track recordRanked #805 of 1,622 in this goal

Seeks current income.

By Federated · Launched 2021

Annual Cost

0.30%

#1,472 of 5,562 · low cost

Fund Size

$65M

#3,330 of 5,562 · mid-size

Dividend YieldGoal

4.09%

Track Record

4 years

#2,571 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$10,379+3.8%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Active selection

Index tracked

Bloomberg US Corporate 1-5 Year Index

What it actually holds

By weight

Concentration

Top 10 holdings = 20.2% of fund✓ well diversified

BANK OF AMERICA CORP

2.8%

CITIGROUP INC

2.4%

MORGAN STANLEY

2.3%

JPMORGAN CHASE & CO

2.1%

Federated Hermes Government Obligations Fund

2.0%

MARS INC

1.9%

GOLDMAN SACHS GROUP INC

1.9%

WELLS FARGO & COMPANY

1.6%

BOEING CO/THE

1.6%

GE HEALTHCARE TECH INC

1.5%

Asset allocation

Bonds

97.0%

Cash

3.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

2.0%Low

Year-on-year price swings

Max drawdown

-8.5%Mild

Worst peak-to-trough loss

Sharpe (3Y)

0.62Decent risk-adjusted returns

Sortino (3Y)

0.90Moderate downside risk

Bond profile

Duration

4.8 years

Avg maturity

10.1 years

Credit ratings

US Government

8.5%

AAA

0.7%

7.4%

36.1%

BBB

55.8%

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks current income.
Strategy: Primarily invests in a diversified portfolio of investment-grade corporate debt securities, including notes, bonds, and commercial paper. The Adviser seeks to enhance performance by allocating more to securities expected to offer the best balance of income and risk. May invest up to 10% in below investment-grade securities. Can use derivatives like futures and swaps to adjust exposure. At least 80% of net assets will be in corporate fixed-income investments.
Inception date: December 16, 2021
Fund family: Federated