Federated Hermes Core Bond Fund
Name
As of 07/24/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
0.6%
1 yr return
3.2%
3 Yr Avg Return
-3.7%
5 Yr Avg Return
-0.6%
Net Assets
$22 M
Holdings in Top 10
79.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 3.35%
SALES FEES
Front Load 4.50%
Deferred Load N/A
TRADING FEES
Turnover 216.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,500
IRA
$250
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 07/24/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FGFSX - Profile
Distributions
- YTD Total Return 0.6%
- 3 Yr Annualized Total Return -3.7%
- 5 Yr Annualized Total Return -0.6%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.24%
- Dividend Yield 3.9%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameFederated Hermes Core Bond Fund
-
Fund Family NameFederated
-
Inception DateOct 27, 1997
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerTodd Abraham
Fund Description
FGFSX - Performance
Return Ranking - Trailing
Period | FGFSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.6% | -4.6% | 6.9% | 50.55% |
1 Yr | 3.2% | -9.9% | 12.7% | 64.72% |
3 Yr | -3.7%* | -10.6% | 26.4% | 75.87% |
5 Yr | -0.6%* | -7.3% | 191.3% | 84.69% |
10 Yr | 0.8%* | -2.6% | 73.8% | 82.38% |
* Annualized
Return Ranking - Calendar
Period | FGFSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 1.0% | -16.2% | 8.1% | 86.97% |
2022 | -15.8% | -34.7% | 131.9% | 43.90% |
2021 | -3.4% | -11.6% | 4.4% | 49.41% |
2020 | 5.1% | -10.1% | 946.1% | 29.21% |
2019 | 2.5% | -1.7% | 16.9% | 94.77% |
Total Return Ranking - Trailing
Period | FGFSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.6% | -4.6% | 6.9% | 50.55% |
1 Yr | 3.2% | -9.9% | 12.7% | 64.72% |
3 Yr | -3.7%* | -10.6% | 26.4% | 75.87% |
5 Yr | -0.6%* | -7.3% | 191.3% | 84.69% |
10 Yr | 0.8%* | -2.6% | 73.8% | 82.38% |
* Annualized
Total Return Ranking - Calendar
Period | FGFSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.3% | -11.3% | 11.9% | 92.93% |
2022 | -13.2% | -32.2% | 131.9% | 38.02% |
2021 | -1.6% | -9.4% | 9.2% | 72.28% |
2020 | 7.9% | -1.9% | 1009.0% | 60.09% |
2019 | 5.1% | 1.1% | 21668.0% | 97.56% |
NAV & Total Return History
FGFSX - Holdings
Concentration Analysis
FGFSX | Category Low | Category High | FGFSX % Rank | |
---|---|---|---|---|
Net Assets | 22 M | 2.9 M | 314 B | 98.29% |
Number of Holdings | 46 | 1 | 17816 | 96.88% |
Net Assets in Top 10 | 17.9 M | 1.7 M | 34.8 B | 91.84% |
Weighting of Top 10 | 79.42% | 4.4% | 432.9% | 3.34% |
Top 10 Holdings
- FEDERATED CORE TR MTG CORE PORTFOLIO 24.44%
- Federated Hermes Corporate Bond Strategy Portfolio 23.80%
- Federated Hermes Government Obligations Fund 5.37%
- U.S. Treasury Notes 5.05%
- Fontainebleau Miami Beach Trust 2019-FBLU 4.34%
- U.S. Treasury Notes 4.29%
- U.S. Treasury Notes 3.86%
- U.S. Treasury Notes 3.16%
- U.S. Treasury Notes 2.85%
- U.S. Treasury Bonds 2.26%
Asset Allocation
Weighting | Return Low | Return High | FGFSX % Rank | |
---|---|---|---|---|
Stocks | 48.24% | 0.00% | 99.99% | 1.71% |
Bonds | 44.25% | 0.00% | 993.61% | 98.09% |
Cash | 5.41% | -54.51% | 237.69% | 29.31% |
Other | 2.10% | -16.94% | 53.20% | 62.24% |
Convertible Bonds | 0.04% | 0.00% | 7.93% | 86.61% |
Preferred Stocks | 0.00% | 0.00% | 74.98% | 70.90% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FGFSX % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 100.00% | N/A |
Technology | 0.00% | 0.00% | 43.45% | N/A |
Real Estate | 0.00% | 0.00% | 99.26% | N/A |
Industrials | 0.00% | 0.00% | 48.31% | N/A |
Healthcare | 0.00% | 0.00% | 17.70% | N/A |
Financial Services | 0.00% | 0.00% | 100.00% | N/A |
Energy | 0.00% | 0.00% | 100.00% | N/A |
Communication Services | 0.00% | 0.00% | 100.00% | N/A |
Consumer Defense | 0.00% | 0.00% | 99.67% | N/A |
Consumer Cyclical | 0.00% | 0.00% | 100.00% | N/A |
Basic Materials | 0.00% | 0.00% | 100.00% | N/A |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FGFSX % Rank | |
---|---|---|---|---|
US | 48.24% | 0.00% | 99.99% | 1.61% |
Non US | 0.00% | 0.00% | 86.42% | 60.93% |
Bond Sector Breakdown
Weighting | Return Low | Return High | FGFSX % Rank | |
---|---|---|---|---|
Securitized | 36.45% | 0.00% | 98.40% | 30.43% |
Corporate | 28.21% | 0.00% | 100.00% | 57.61% |
Government | 24.71% | 0.00% | 86.23% | 48.88% |
Cash & Equivalents | 5.37% | 0.00% | 237.69% | 28.40% |
Derivative | 0.04% | -9.72% | 47.91% | 34.04% |
Municipal | 0.00% | 0.00% | 100.00% | 87.93% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | FGFSX % Rank | |
---|---|---|---|---|
US | 44.25% | 0.00% | 993.61% | 98.09% |
Non US | 0.00% | 0.00% | 33.48% | 73.72% |
FGFSX - Expenses
Operational Fees
FGFSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 3.35% | 0.01% | 39.10% | 1.52% |
Management Fee | 0.35% | 0.00% | 1.76% | 48.63% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 7.38% |
Administrative Fee | 0.10% | 0.01% | 0.50% | 57.18% |
Sales Fees
FGFSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 4.50% | 2.00% | 5.75% | 10.95% |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
FGFSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | 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.
FGFSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 216.00% | 2.00% | 493.39% | 71.26% |
FGFSX - Distributions
Dividend Yield Analysis
FGFSX | Category Low | Category High | FGFSX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.90% | 0.00% | 10.11% | 70.05% |
Dividend Distribution Analysis
FGFSX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | SemiAnnual | Monthly | Monthly |
Net Income Ratio Analysis
FGFSX | Category Low | Category High | FGFSX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.24% | -1.28% | 4.79% | 79.00% |
Capital Gain Distribution Analysis
FGFSX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Apr 30, 2024 | $0.024 | OrdinaryDividend |
Mar 31, 2024 | $0.026 | OrdinaryDividend |
Feb 29, 2024 | $0.019 | OrdinaryDividend |
Jan 31, 2024 | $0.021 | OrdinaryDividend |
Dec 31, 2023 | $0.031 | OrdinaryDividend |
Nov 30, 2023 | $0.018 | OrdinaryDividend |
Oct 31, 2023 | $0.024 | OrdinaryDividend |
Sep 30, 2023 | $0.032 | OrdinaryDividend |
Aug 31, 2023 | $0.020 | OrdinaryDividend |
Jul 31, 2023 | $0.024 | OrdinaryDividend |
Jun 30, 2023 | $0.017 | OrdinaryDividend |
May 31, 2023 | $0.021 | OrdinaryDividend |
Apr 28, 2023 | $0.021 | OrdinaryDividend |
Mar 31, 2023 | $0.022 | OrdinaryDividend |
Feb 28, 2023 | $0.021 | OrdinaryDividend |
Jan 31, 2023 | $0.022 | OrdinaryDividend |
Dec 31, 2022 | $0.022 | OrdinaryDividend |
Nov 30, 2022 | $0.022 | OrdinaryDividend |
Oct 31, 2022 | $0.020 | OrdinaryDividend |
Sep 30, 2022 | $0.028 | OrdinaryDividend |
Aug 31, 2022 | $0.029 | OrdinaryDividend |
Jul 31, 2022 | $0.026 | OrdinaryDividend |
Jun 30, 2022 | $0.028 | OrdinaryDividend |
May 31, 2022 | $0.028 | OrdinaryDividend |
Apr 30, 2022 | $0.024 | OrdinaryDividend |
Mar 31, 2022 | $0.023 | OrdinaryDividend |
Feb 28, 2022 | $0.008 | OrdinaryDividend |
Jan 31, 2022 | $0.006 | OrdinaryDividend |
Dec 31, 2021 | $0.017 | OrdinaryDividend |
Nov 30, 2021 | $0.009 | OrdinaryDividend |
Oct 29, 2021 | $0.004 | OrdinaryDividend |
Sep 30, 2021 | $0.013 | OrdinaryDividend |
Aug 31, 2021 | $0.018 | OrdinaryDividend |
Jul 30, 2021 | $0.018 | OrdinaryDividend |
Jun 30, 2021 | $0.016 | OrdinaryDividend |
May 28, 2021 | $0.014 | OrdinaryDividend |
Apr 30, 2021 | $0.013 | OrdinaryDividend |
Mar 31, 2021 | $0.013 | OrdinaryDividend |
Feb 28, 2021 | $0.014 | OrdinaryDividend |
Jan 31, 2021 | $0.009 | OrdinaryDividend |
Dec 31, 2020 | $0.021 | OrdinaryDividend |
Nov 30, 2020 | $0.019 | OrdinaryDividend |
Oct 30, 2020 | $0.018 | OrdinaryDividend |
Sep 30, 2020 | $0.011 | OrdinaryDividend |
Aug 31, 2020 | $0.017 | OrdinaryDividend |
Jul 31, 2020 | $0.017 | OrdinaryDividend |
Jun 30, 2020 | $0.019 | OrdinaryDividend |
May 29, 2020 | $0.021 | OrdinaryDividend |
Apr 30, 2020 | $0.020 | OrdinaryDividend |
Mar 31, 2020 | $0.020 | OrdinaryDividend |
Feb 28, 2020 | $0.022 | OrdinaryDividend |
Jan 31, 2020 | $0.024 | OrdinaryDividend |
Dec 31, 2019 | $0.023 | OrdinaryDividend |
Nov 29, 2019 | $0.016 | OrdinaryDividend |
Oct 31, 2019 | $0.018 | OrdinaryDividend |
Sep 30, 2019 | $0.015 | OrdinaryDividend |
Aug 30, 2019 | $0.019 | OrdinaryDividend |
Jul 31, 2019 | $0.021 | OrdinaryDividend |
Dec 30, 2004 | $0.032 | ExtraDividend |
Nov 17, 2003 | $0.055 | CapitalGainShortTerm |
Nov 17, 2003 | $0.027 | CapitalGainLongTerm |
Nov 15, 2002 | $0.096 | CapitalGainShortTerm |
Nov 15, 2002 | $0.012 | CapitalGainLongTerm |
FGFSX - Fund Manager Analysis
Managers
Todd Abraham
Start Date
Tenure
Tenure Rank
Feb 28, 2003
19.27
19.3%
Todd A. Abraham is a Senior Portfolio Manager and Head of the Government/Mortgage-Backed Fixed Income Group. Mr. Abraham has been a Senior Portfolio Manager from 2007, Portfolio Manager from 1995 to 2006, a Senior Vice President since 2007 and a Vice President of Federated from 1997 to 2006. Mr. Abraham joined Federated in 1993 as an Investment Analyst and served as Assistant Vice President from 1995 to 1997. Mr. Abraham served as a Portfolio Analyst at Ryland Mortgage Co. from 1992 to 1993. Mr. Abraham has received the Chartered Financial Analyst designation and an M.B.A. in Finance from Loyola College.
Liam O'Connell
Start Date
Tenure
Tenure Rank
May 28, 2014
8.01
8.0%
Liam O’Connell, CFA, has been the Fund’s portfolio manager since April of 2017. Mr. O’Connell is responsible for providing research and advice on sector allocation and security selection. He has been with the Adviser or an affiliate since 2003; has worked in investment management since 2003; has managed investment portfolios since 2005. Education: B.S., Webb Institute of Naval Architecture; M.S, Johns Hopkins University; M.B.A., Massachusetts Institute of Technology.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 33.43 | 6.78 | 1.16 |