Federated Hermes Project and Trade Fin Tender SS (XPSSX)
10.05
+0.01
(+0.10%)
USD |
Jan 16 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.52% | -- | -- | -- |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -- | -- | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide total return primarily from income. The Fund pursues its investment objective primarily by investing in trade finance, structured trade, export finance, import finance, supply chain financing and project finance assets of entities, including sovereign entities (trade finance related securities). |
| General | |
| Security Type | Unlisted Closed-End 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:
--
-1.123B
Peer Group Low
637.54M
Peer Group High
1 Year
% Rank:
--
-2.812B
Peer Group Low
6.547B
Peer Group High
3 Months
% Rank:
--
-1.887B
Peer Group Low
1.547B
Peer Group High
3 Years
% Rank:
--
-3.547B
Peer Group Low
20.24B
Peer Group High
6 Months
% Rank:
--
-852.81M
Peer Group Low
2.568B
Peer Group High
5 Years
% Rank:
--
-2.363B
Peer Group Low
22.02B
Peer Group High
YTD
% Rank:
--
36.88M
Peer Group Low
63.96M
Peer Group High
10 Years
% Rank:
--
-12.19B
Peer Group Low
22.50B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of January 17, 2026.
Asset Allocation
As of September 30, 2025.
| Type | % Net |
|---|---|
| Cash | 2.28% |
| Stock | 0.00% |
| Bond | 96.62% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 1.10% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| Federated Hermes Government Obligations Fd Premier | 3.02% | 1.00 | 0.00% |
|
IMPALA TERMINALS SWITZERLAND SARL FRN 21-JUL-2028
|
2.03% | -- | -- |
|
PHOENIX TOWER INTERNATIONAL (PTI) IBERICA V NEWCO FRN 25-OCT-2030
|
1.98% | -- | -- |
|
REPUBLIC OF COTE D'IVOIRE 18-MAR-2026 TERM LOAN
|
1.84% | -- | -- |
|
OMAN ELECTRICITY TRANSMISSION CO SAOC 26-MAR-2026 BRIDGE LOAN
|
1.77% | -- | -- |
|
TAAG LINHAS AEREAS DE ANGOLA SA FRN 02-SEP-2025
|
1.72% | -- | -- |
|
TARTARUGA MV29 BV 15-MAR-2032 EXPORT CREDIT
|
1.72% | -- | -- |
|
STAATSOLIE MAATSCHAPPIJ SURINAME NV FRN 24-MAY-2032
|
1.67% | -- | -- |
|
TRAFIGURA PTE LTD FRN 30-JUN-2026
|
1.61% | -- | -- |
|
AZULE ENERGY HOLDING LTD FRN 29-JUL-2029
|
1.58% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.28% |
| Administration Fee | -- |
| Maximum Front Load | -- |
| 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 | 50000.00 None |
| Minimum Subsequent Investment | 25000.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide total return primarily from income. The Fund pursues its investment objective primarily by investing in trade finance, structured trade, export finance, import finance, supply chain financing and project finance assets of entities, including sovereign entities (trade finance related securities). |
| General | |
| Security Type | Unlisted Closed-End 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 (1-15-26) | 0.00% |
| 30-Day SEC Yield (8-31-25) | 6.44% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 115 |
| Bond | |
| Yield to Maturity (9-30-25) | -- |
| Effective Duration | 0.56 |
| Average Coupon | 1.00% |
| Calculated Average Quality | 4.00 |
| Effective Maturity | 2.453 |
| Nominal Maturity | 2.453 |
| Number of Bond Holdings | 110 |
As of September 30, 2025
Fund Details
| Key Dates | |
| Launch Date | 7/25/2025 |
| Share Classes | |
| XPTFX | Single Share Class |
| Attributes | |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Currency Hedged Fund | -- |
| Socially Responsible Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |