PAYRFederated Hermes Enhanced Income ETF
Seeks high current income with a secondary objective of capital appreciation.
By Federated · Launched 2025
Annual Cost
0.40%
#2,089 of 6,040 · average
Fund Size
$70M
#3,412 of 6,040 · mid-size
Return (1Y)
N/A
Track Record
11 months
#4,740 of 6,040 · young
Performance
Total-return NAV · USDGrowth of $10,000
$11,861+18.6%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundHoldings
By weightConcentration
Top 10 holdings = 33.1% of funddiversified
US BANCORP
3.6%
TOTALENERGIES SE
3.6%
TRUIST FINANCIAL CORP
3.5%
PAYCHEX INC
3.4%
ENBRIDGE INC
3.4%
SANOFI SA
3.3%
PNC FINANCIAL SERVICES GROUP INC (THE)
3.2%
BRITISH AMERICAN TOBACCO PLC
3.1%
FEDERATED HERMES MONEY MARKET OBLIGATIONS TRUST
3.0%
KIMCO REALTY CORP
2.9%
Asset allocation
Stocks
95.2%
Cash
4.8%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
N/A
Max drawdown
-5.2%Mild
Worst peak-to-trough loss
Sharpe (3Y)
Unavailable
Needs 3+ years of history
Sortino (3Y)
Not yet
Needs 3+ years of history
Listing
- Exchange
- Cboe BZX
Full fund details
- Objective
- Seeks high current income with a secondary objective of capital appreciation.
- Strategy
- Invests primarily in high dividend-paying large-cap or mid-cap stocks of U.S. issuers, along with an options overlay strategy to generate incremental income. The Adviser prioritizes stocks based on attractive combinations of dividend yield and growth potential.
- Inception date
- October 7, 2025
- Fund family
- Federated
Similar funds
Same asset class, closest by strategy & exposureNext steps
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Data updated on 2026-09-18