FCSH

Fund Description
The Fund primarily invests in a diversified portfolio of investment-grade, fixed-income securities consisting primarily of corporate debt securities. Corporate debt securities, including notes, bonds, debentures and commercial paper, are fixed income securities usually issued by businesses to finance their operations. The Fund s investment adviser (the Adviser ) seeks to enhance the Fund s performance by allocating relatively more of its portfolio to the security type that the Adviser expects to offer the best balance between current income and risk. Some of the corporate debt securities in which the Fund invests are considered to be foreign securities, which are securities of issuers based outside of the United States. The foreign securities in which the Fund invests will be predominately denominated in U.S. dollars. The Fund may invest up to 10% of its assets in fixed-income securities rated below investment grade. Noninvestment-grade securities may also be referred to as below investment-grade securities ( junk bonds or high yield securities ).
Fund Profile
Fund Name Federated Hermes Short Duration Corporate ETF
Fund Exchange Ticker FCSH
Fund Sponsor Federated Hermes
Fund ISIN US31423L1070
Net Expense Ratio 0.30 %
Fund Inception Date 16 December 2021
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Bonds - Corporate
Asset Class Bonds
Index Linked Active
Index Name Not Applicable
Index Provider Not Applicable
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Bond Type Corporate
Credit Quality Investment Grade Only
Average Maturity Short (1-3 years)
Bond Currency Denomination USD
Key Statistics
Return As of Date 28 June 2022
Asset Under Management 24.28 Million (USD)
1 Month Total Return -1.82 %
Year To Date Return -6.30 %
1 Year Total Return
3 Year Annualized Total Return
NAV 23.3479
Share Outstanding 1,040,000
Top 10 Holdings (28 June 2022)
Constituent Name Constituent Ticker Constituent Type Weighting
FEDERATED CORE TR MUTUAL FUND MUTU 0.0665320699
BANK OF AMERICA CORP SR UNSECURED 09/25 VAR BOND 0.0380554611
JPMORGAN CHASE + CO SR UNSECURED 02/27 VAR BOND 0.0362124757
MORGAN STANLEY SR UNSECURED 10/25 VAR BOND 0.0286450194
CITIGROUP INC SR UNSECURED 04/26 VAR BOND 0.0285990955
WELLS FARGO + COMPANY SR UNSECURED 02/26 VAR BOND 0.0241219024
GOLDMAN SACHS GROUP INC SR UNSECURED 12/26 VAR BOND 0.0227691412
FEDERATED HERMES INSTITUTIONAL FED HER INST PR VAL OBLG INS PVOXX MUTU 0.0210246616
NETFLIX INC SR UNSECURED 11/26 4.375 BOND 0.0139816135
BOEING CO SR UNSECURED 05/25 4.875 BOND 0.0122800709

Home | Glossary of Terms | About Us | Site FAQs | Disclaimers |