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Federated Hermes Adj Rate A FEUGX

Analyst rating as of
  • NAV / 1-Day Return 9.33  /  0.01 %
  • Total Assets 102.2 Mil
  • Adj. Expense Ratio
    0.530%
  • Expense Ratio 0.560%
  • Distribution Fee Level Above Average
  • Share Class Type Institutional
  • Category Short Government
  • Credit Quality / Interest Rate Sensitivity High / Limited
  • Min. Initial Investment 1,500
  • Status Open
  • TTM Yield 1.51%
  • Effective Duration 1.30 years

Morningstar’s Analysis FEUGX

Will FEUGX outperform in future?

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

It's a relic from the past, but maybe there will be a revival of this asset class.

Associate Director

Summary

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The process and people underlying Federated Hermes Adjustable Rate look solid, but difficulties in assessing the strategy’s relative return potential support a Morningstar Analyst Rating of Neutral on both of its share classes.

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