Morningstar

Federated Hermes SDG Engagement High Yield Credit Fund Class R6 Shares FHHRX

Morningstar Medalist Rating
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  • NAV / 1-Day Return $9.57  /  +0.21 %
  • Fund Size $187.4M
  • Adjusted Expense Ratio 0.570%
  • Net Expense Ratio 0.057%
  • Fee Level: Distribution Average
  • Share Class Type Retirement, Large
  • Morningstar Category High Yield Bond
  • Fixed-Income Style Box (Funds) —
  • Minimum Initial Investment $0
  • Investment Status Open
  • TTM Yield 5.18%
  • Average Effective Duration —
NAV and 1-Day Return as of

Morningstar’s Analysis FHHRX

Will FHHRX outperform in the future?

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

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FHHRX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FHHRX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FHHRX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Federated Hermes SDG Eggm HY Crdt R6 holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.

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Portfolio Holdings FHHRX

More FHHRX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 16.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

5 Year Treasury Note Future Sept 26

7.84 15M
Government

United States Treasury Bills 0%

7.33 14M
Government

United States Treasury Notes 3.75%

6.53 13M
Government

United States Treasury Bills 0%

4.65 9M
Government

10 Year Treasury Note Future Sept 26

1.97 4M
Government

Otc Im Margin Usd Jpm

0.89 2M
Cash and Equivalents

Deuce Finco PLC 7%

0.76 1M
Corporate

Alcoa Nederland Holding B.V. 4.125%

0.76 1M
Corporate

TerraForm Power Operating, LLC 4.75%

0.74 1M
Corporate

US Foods Inc 5.75%

0.72 1M
Corporate

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