Federated Hermes Ultrashort Bond Fund A (FULAX)
9.33
0.00 (0.00%)
USD |
Feb 05 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.52% | 3.803B | -- | 30.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 682.09M | 5.21% |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide total return consistent with current income by investing primarily in a diversified portfolio of investment grade debt securities. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Short Term |
| Peer Group | Ultra-Short Obligations Funds |
| Global Macro | Bond Short Term |
| US Macro | Short/Intermediate Investment-Grade Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Ultra-Short Obligations Funds |
| Fund Owner Firm Name | Federated Hermes |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
17
-98.33M
Peer Group Low
897.91M
Peer Group High
1 Year
% Rank:
16
682.09M
-860.82M
Peer Group Low
6.064B
Peer Group High
3 Months
% Rank:
13
-718.91M
Peer Group Low
1.921B
Peer Group High
3 Years
% Rank:
84
-4.556B
Peer Group Low
8.638B
Peer Group High
6 Months
% Rank:
15
-640.50M
Peer Group Low
3.260B
Peer Group High
5 Years
% Rank:
83
-11.88B
Peer Group Low
16.09B
Peer Group High
YTD
% Rank:
18
-98.33M
Peer Group Low
897.91M
Peer Group High
10 Years
% Rank:
58
-6.713B
Peer Group Low
31.43B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of February 06, 2026.
Asset Allocation
As of September 30, 2025.
| Type | % Net |
|---|---|
| Cash | 3.23% |
| Stock | 0.00% |
| Bond | 94.10% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 2.68% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| Federated Hermes Government Obligations Fd Premier | 7.17% | 1.00 | 0.00% |
|
Affiliated Federated Fund Bank Loan
|
3.21% | -- | -- |
|
Federated Project and Trade Finance Core Fund
|
1.94% | -- | -- |
|
FEDERAL HOME LOAN MORTGAGE CORPORATION 5396D FQ PT FLT 5.34839% 25-APR-2054
|
0.96% | -- | -- |
|
GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 24114A FA PT FLT 5.38881% 20-JUL-2054
|
0.96% | -- | -- |
|
GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2464T FM PT FLT 5.43881% 20-APR-2054
|
0.95% | -- | -- |
|
FEDERAL NATIONAL MORTGAGE ASSOCIATION 2562D FM PT FLT 5.64839% 25-AUG-2055
|
0.94% | -- | -- |
|
FEDERAL NATIONAL MORTGAGE ASSOCIATION 2570D FD PT FLT 4.74103% 25-JAN-2050
|
0.92% | -- | -- |
|
FEDERAL NATIONAL MORTGAGE ASSOCIATION 2518D KF PT FLT 5.29839% 25-MAR-2055
|
0.91% | -- | -- |
|
NAVIENT PRIVATE EDUCATION LOAN TRUST 21B A FIX .94% 15-JUL-2069
|
0.80% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.16% |
| Administration Fee | 246.8K% |
| Maximum Front Load | 0.00% |
| 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 |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide total return consistent with current income by investing primarily in a diversified portfolio of investment grade debt securities. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Short Term |
| Peer Group | Ultra-Short Obligations Funds |
| Global Macro | Bond Short Term |
| US Macro | Short/Intermediate Investment-Grade Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Ultra-Short Obligations Funds |
| Fund Owner Firm Name | Federated Hermes |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (2-4-26) | 4.69% |
| 30-Day SEC Yield (12-31-25) | 4.42% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 437 |
| Bond | |
| Yield to Maturity (9-30-25) | 4.63% |
| Effective Duration | 0.80 |
| Average Coupon | 5.32% |
| Calculated Average Quality | 2.542 |
| Effective Maturity | 10.86 |
| Nominal Maturity | 10.86 |
| Number of Bond Holdings | 431 |
As of September 30, 2025
Fund Details
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:FULAX", "name") |
| Broad Asset Class: =YCI("M:FULAX", "broad_asset_class") |
| Broad Category: =YCI("M:FULAX", "broad_category_group") |
| Prospectus Objective: =YCI("M:FULAX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |