Federated Hermes Floating Rate Str Inc Fd A (FRSAX)
8.48
0.00 (0.00%)
USD |
Aug 25 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.99% | 305.74M | -- | 5.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -96.95M | 4.10% |
Basic Info
| Investment Strategy | |
| The Fund seeks total return consistent with current income and low interest rate volatility. The Fund invest in three areas of the fixed-income market: domestic investment-grade and noninvestment-grade, and foreign that pay interest at rates that increase or decrease in response to changes market interest rates. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Loan Participation Funds |
| Peer Group | Loan Participation Funds |
| Global Macro | Loan Participation Funds |
| US Macro | General Domestic Taxable Fixed Income Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Loan Participation Funds |
| Fund Owner Firm Name | Federated Hermes |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
76
-472.08M
Peer Group Low
1.022B
Peer Group High
1 Year
% Rank:
47
-96.95M
-1.892B
Peer Group Low
6.831B
Peer Group High
3 Months
% Rank:
61
-291.34M
Peer Group Low
2.129B
Peer Group High
3 Years
% Rank:
52
-2.677B
Peer Group Low
23.11B
Peer Group High
6 Months
% Rank:
48
-1.169B
Peer Group Low
3.761B
Peer Group High
5 Years
% Rank:
48
-4.823B
Peer Group Low
26.18B
Peer Group High
YTD
% Rank:
52
-1.282B
Peer Group Low
4.794B
Peer Group High
10 Years
% Rank:
39
-10.64B
Peer Group Low
3.045B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of August 26, 2026.
Asset Allocation
As of June 30, 2026.
| Type | % Net |
|---|---|
| Cash | 0.76% |
| Stock | 0.00% |
| Bond | 24.58% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 74.66% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
Affiliated Federated Fund Bank Loan
|
62.03% | -- | -- |
|
Federated Project and Trade Finance Core Fund
|
12.68% | -- | -- |
|
FEDERAL HOME LOAN MORTGAGE CORPORATION 5664D FD PT FLT 4.49453% 25-NOV-2055
|
1.83% | -- | -- |
|
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1657 FN PAC FLT 4.17658% 25-JUN-2046
|
1.81% | -- | -- |
| Federated Hermes Government Obligations Fd Premier | 1.44% | 1.00 | 0.00% |
|
FEDERAL HOME LOAN MORTGAGE CORPORATION 5459A FB PT FLT 4.5621% 25-OCT-2054
|
1.37% | -- | -- |
|
GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2451F DF PT FLT 4.90872% 20-MAR-2054
|
1.34% | -- | -- |
|
GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 23130C NF PT FLT 4.75872% 20-SEP-2053
|
1.22% | -- | -- |
|
FEDERAL HOME LOAN MORTGAGE CORPORATION 5476A FA PT FLT 4.7121% 25-NOV-2054
|
1.21% | -- | -- |
|
GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 24162D FD PT FLT 4.65872% 20-OCT-2054
|
1.16% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.46% |
| Administration Fee | 124396.0 None |
| Maximum Front Load | 1.00% |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 1500.00 None |
| Minimum Subsequent Investment | 100.00 None |
Projected Income
| Type | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Qualified Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Normal
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Qualified
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
LT Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Ordinary Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Non-Qual
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ST Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Interest
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Tax-Exempt
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ROC
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Other
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Total
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
As of July 31, 2026.
Basic Info
| Investment Strategy | |
| The Fund seeks total return consistent with current income and low interest rate volatility. The Fund invest in three areas of the fixed-income market: domestic investment-grade and noninvestment-grade, and foreign that pay interest at rates that increase or decrease in response to changes market interest rates. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Loan Participation Funds |
| Peer Group | Loan Participation Funds |
| Global Macro | Loan Participation Funds |
| US Macro | General Domestic Taxable Fixed Income Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Loan Participation Funds |
| Fund Owner Firm Name | Federated Hermes |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (8-25-26) | 5.42% |
| 30-Day SEC Yield (7-31-26) | 5.45% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 48 |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:FRSAX", "name") |
| Broad Asset Class: =YCI("M:FRSAX", "broad_asset_class") |
| Broad Category: =YCI("M:FRSAX", "broad_category_group") |
| Prospectus Objective: =YCI("M:FRSAX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |