Federated Hermes Short Duration HY ETF (FHYS)
22.96
-0.06
(-0.24%)
USD |
NYSEARCA |
Jun 14, 16:00
22.95
0.00 (0.00%)
After-Hours: 20:00
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 0.51% | 0.31% | 26.18M | 1201.20 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 6.60% | 94.00% | -2.035M | Upgrade |
Basic Info
| Investment Strategy | |
| The investment seeks high current income. The fund invests primarily in a diversified portfolio of U.S. dollar-denominated high-yield fixed income instruments. The adviser selects instruments, including securities, that the adviser believes have attractive risk-return characteristics. The fund will invest its assets so that at least 80% of its net assets (plus any borrowings for investment purposes) are invested in investments rated below investment-grade. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | Low Quality/Limited Sensitivity |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Category Name | High Yield Bond |
| Category Index | ICE BofA US High Yield TR USD |
| Global Category Name | US Fixed Income |
| YCharts Categorization | US Fixed Income |
| YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
| Prospectus Objective | Income |
| Fund Owner Firm Name | Federated |
| Prospectus Benchmark Index | |
| ICE BofA 0-5 Yr BB-B US HY Cnstrd TR LOC | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
| Manager Tenure | |
| Anthony Venturino | 2.46 yrs |
| Mark Durbiano | 2.46 yrs |
| Braden Rotberg | 0.09 yrs |
Performance Versus Category
As of June 14, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of June 14, 2024.
Basic Info
| Investment Strategy | |
| The investment seeks high current income. The fund invests primarily in a diversified portfolio of U.S. dollar-denominated high-yield fixed income instruments. The adviser selects instruments, including securities, that the adviser believes have attractive risk-return characteristics. The fund will invest its assets so that at least 80% of its net assets (plus any borrowings for investment purposes) are invested in investments rated below investment-grade. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | Low Quality/Limited Sensitivity |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Category Name | High Yield Bond |
| Category Index | ICE BofA US High Yield TR USD |
| Global Category Name | US Fixed Income |
| YCharts Categorization | US Fixed Income |
| YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
| Prospectus Objective | Income |
| Fund Owner Firm Name | Federated |
| Prospectus Benchmark Index | |
| ICE BofA 0-5 Yr BB-B US HY Cnstrd TR LOC | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
| Manager Tenure | |
| Anthony Venturino | 2.46 yrs |
| Mark Durbiano | 2.46 yrs |
| Braden Rotberg | 0.09 yrs |