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Name

As of 06/01/2026

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Federated Hermes Enhanced Income ETF

PAYR | Active ETF

$52.32

$39.1 M

11.25%

$5.89

0.74%

Vitals

YTD Return

7.9%

1 yr return

N/A

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$39.1 M

Holdings in Top 10

34.3%

52 WEEK LOW AND HIGH

$52.8
$48.90
$56.42

Expenses

OPERATING FEES

Expense Ratio 0.74%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Exchange Traded Fund

Name

As of 06/01/2026

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Federated Hermes Enhanced Income ETF

PAYR | Active ETF

$52.32

$39.1 M

11.25%

$5.89

0.74%

PAYR - Profile

Distributions

  • YTD Total Return 7.9%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 11.3%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Federated Hermes Enhanced Income ETF
  • Fund Family Name
    Federated Hermes Funds
  • Inception Date
    Oct 08, 2025
  • Shares Outstanding
    N/A
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US

Fund Description

The Fund pursues its investment objective by investing primarily in high dividend-paying common stocks with dividend growth potential along with an options overlay strategy. Equity Portfolio: The Fund generally invests in high dividend-paying large-cap or mid-cap stocks (which are generally defined as of the date of this Prospectus as stocks of companies with market capitalizations above $7 billion and $2 billion, respectively) of U.S. issuers, and may also hold foreign stocks, including depositary receipts. The Fund may also invest in real estate investment trusts. Federated Equity Management Company of Pennsylvania (the “Adviser”) defines high dividend-paying stocks as those with a higher dividend yield than the S&P 500 Index’s average dividend yield. The Adviser’s equity security selection process involves prioritizing stocks based on attractive combinations of dividend yield and dividend growth potential. The Adviser evaluates the dividend growth potential of companies by analyzing their balance sheet, income and cash flow statements, attempting to identify those companies that have the sustainability to both continue to pay dividends and/or grow them over time. The fundamental criteria considered by the Adviser includes, but is not limited to, balance sheet strength, earnings growth and cash flow durability. The Adviser believes that over the long-term, this can be achieved with lower volatility than the broad market, as measured by standard deviation. Options Overlay: The Fund also uses an options overlay strategy in an effort to generate incremental income in addition to the dividends received through the Fund’s investments in equity securities. The options overlay strategy seeks to generate income by selling a call option on a passive exchange-traded fund (ETF) at a lower strike price and buying another call option at a higher strike price, both with the same expiration date. The Fund earns the premiums of the differences between the “spread” of those call options, which would be treated as additional, or enhanced, income. Such call spreads are intended to reduce the Fund’s volatility and earn options premium as a means to enhance distributions payable to the Fund’s shareholders. The Fund will only buy and sell options contracts that are listed for trading on regulated U.S. exchanges. The Fund may use FLexible EXchange® options (FLEX Options), which are customized option contracts available through national securities exchanges that are guaranteed for settlement by the Options Clearing Corporation (OCC). The Fund may also invest in U.S. Treasuries to satisfy any applicable collateral requirements associated with such option writing. Any excess collateral would be expected to typically be “equitized” using market futures to gain equity market exposure.
Read More

PAYR - Performance

Return Ranking - Trailing

Period PAYR Return Category Return Low Category Return High Rank in Category (%)
YTD 7.9% N/A N/A N/A
1 Yr N/A N/A N/A N/A
3 Yr N/A* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Return Ranking - Calendar

Period PAYR Return Category Return Low Category Return High Rank in Category (%)
2025 N/A N/A N/A N/A
2024 N/A N/A N/A N/A
2023 N/A N/A N/A N/A
2022 N/A N/A N/A N/A
2021 N/A N/A N/A N/A

Total Return Ranking - Trailing

Period PAYR Return Category Return Low Category Return High Rank in Category (%)
YTD 7.9% N/A N/A N/A
1 Yr N/A N/A N/A N/A
3 Yr N/A* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Total Return Ranking - Calendar

Period PAYR Return Category Return Low Category Return High Rank in Category (%)
2025 N/A N/A N/A N/A
2024 N/A N/A N/A N/A
2023 N/A N/A N/A N/A
2022 N/A N/A N/A N/A
2021 N/A N/A N/A N/A

PAYR - Holdings

Concentration Analysis

PAYR Category Low Category High PAYR % Rank
Net Assets 39.1 M N/A N/A N/A
Number of Holdings 55 N/A N/A N/A
Net Assets in Top 10 4.84 M N/A N/A N/A
Weighting of Top 10 34.33% N/A N/A N/A

Top 10 Holdings

  1. TotalEnergies SE 3.95%
  2. PNC Financial Services Group Inc/The 3.87%
  3. US Bancorp 3.71%
  4. National Grid PLC 3.63%
  5. Exxon Mobil Corp 3.45%
  6. Chevron Corp 3.44%
  7. Truist Financial Corp 3.36%
  8. Enbridge Inc 3.12%
  9. Pfizer Inc 2.96%
  10. British American Tobacco PLC 2.83%

Asset Allocation

Weighting Return Low Return High PAYR % Rank
Stocks 		95.60% N/A N/A N/A
Bonds 		2.90% N/A N/A N/A
Cash 		1.76% N/A N/A N/A
Preferred Stocks 		0.00% N/A N/A N/A
Convertible Bonds 		0.00% N/A N/A N/A
Other 		-0.19% N/A N/A N/A

Stock Sector Breakdown

Weighting Return Low Return High PAYR % Rank
Utilities 		0.00% N/A N/A N/A
Technology 		0.00% N/A N/A N/A
Real Estate 		0.00% N/A N/A N/A
Industrials 		0.00% N/A N/A N/A
Healthcare 		0.00% N/A N/A N/A
Financial Services 		0.00% N/A N/A N/A
Energy 		0.00% N/A N/A N/A
Communication Services 		0.00% N/A N/A N/A
Consumer Defense 		0.00% N/A N/A N/A
Consumer Cyclical 		0.00% N/A N/A N/A
Basic Materials 		0.00% N/A N/A N/A

Stock Geographic Breakdown

Weighting Return Low Return High PAYR % Rank
US 		95.60% N/A N/A N/A
Non US 		0.00% N/A N/A N/A

Bond Sector Breakdown

Weighting Return Low Return High PAYR % Rank
Cash & Equivalents 		1.76% N/A N/A N/A
Securitized 		0.00% N/A N/A N/A
Corporate 		0.00% N/A N/A N/A
Municipal 		0.00% N/A N/A N/A
Government 		0.00% N/A N/A N/A
Derivative 		-0.19% N/A N/A N/A

Bond Geographic Breakdown

Weighting Return Low Return High PAYR % Rank
US 		2.90% N/A N/A N/A
Non US 		0.00% N/A N/A N/A

PAYR - Expenses

Operational Fees

PAYR Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.74% N/A N/A N/A
Management Fee 0.50% N/A N/A N/A
12b-1 Fee N/A N/A N/A N/A
Administrative Fee N/A N/A N/A N/A

Sales Fees

PAYR Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A N/A N/A N/A
Deferred Load N/A N/A N/A N/A

Trading Fees

PAYR Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

PAYR Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A N/A N/A N/A

PAYR - Distributions

Dividend Yield Analysis

PAYR Category Low Category High PAYR % Rank
Dividend Yield 11.25% N/A N/A N/A

Dividend Distribution Analysis

PAYR Category Low Category High Category Mod
Dividend Distribution Frequency None

Net Income Ratio Analysis

PAYR Category Low Category High PAYR % Rank
Net Income Ratio N/A N/A N/A N/A

Capital Gain Distribution Analysis

PAYR Category Low Category High Capital Mode
Capital Gain Distribution Frequency

Distributions History

View More +

PAYR - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
N/A N/A N/A N/A

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