Skip to Content

Federated Hermes Float Rate Strat Inc IS FFRSX

Quantitative rating as of
  • NAV / 1-Day Return 8.73  /  0.14 %
  • Total Assets 20.0 Mil
  • Adj. Expense Ratio
  • Expense Ratio 0.730%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Bank Loan
  • Credit Quality / Interest Rate Sensitivity Low / Limited
  • Min. Initial Investment 1,000,000
  • Status Open
  • TTM Yield 5.47%
  • Effective Duration 0.20 years

Morningstar’s Analysis FFRSX

Will FFRSX outperform in future?

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



Federated Hermes Float Rate Strat Inc IS's Average People Pillar and Process Pillar ratings hold this strategy's Morningstar Quantitative Rating of Neutral. The portfolio maintains a sizable cost advantage over competitors, priced within the second-lowest fee quintile among peers.

Unlock our full analysis with Morningstar Investor