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Federated Hermes High Yield Strategy Portfolio
mutual fund
FHYSX
Payout Change
Pending
Price as of:
$11.66
+0.0
+0.0%
primary theme
High Yield Bond
share class
FHYSX (Mutual Fund)
Federated Hermes High Yield Strategy Portfolio
Payout Change
Pending
Price as of:
$11.66
+0.0
+0.0%
primary theme
High Yield Bond
share class
FHYSX (Mutual Fund)
Federated Hermes High Yield Strategy Portfolio
Payout Change
Pending
Price as of:
$11.66
+0.0
+0.0%
primary theme
High Yield Bond
share class
Name
As of 12/24/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
7.0%
1 yr return
7.3%
3 Yr Avg Return
2.5%
5 Yr Avg Return
3.7%
Net Assets
$25 M
Holdings in Top 10
100.1%
52 WEEK LOW AND HIGH
$11.7
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.97%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 2.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/24/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
FHYSX - Profile
Distributions
- YTD Total Return 7.0%
- 3 Yr Annualized Total Return 2.5%
- 5 Yr Annualized Total Return 3.7%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 5.42%
- Dividend Yield 6.4%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameFederated Hermes High Yield Strategy Portfolio
-
Fund Family NameFederated Hermes Funds
-
Inception DateJul 01, 2009
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMark Durbiano
Fund Description
The Fund pursues its investment objective by investing primarily in High Yield Bond Core Fund (the “Underlying Fund”), a portfolio of Federated Hermes Core Trust. The investment objective of the Underlying Fund is to seek high current income. The Underlying Fund in turn invests in a diversified portfolio of domestic corporate high-yield bonds (also known as “junk bonds”), but may invest a portion of its portfolio in securities of issuers based outside the United States. High yield bonds are rated below investment grade (i.e., BB or lower) by a nationally recognized statistical rating organization (NRSRO). The Fund may invest in such securities directly. The Fund may also invest in securities of any maturity. There will not be a minimal acceptable rating for a security to be purchased or held by the Fund or the Underlying Fund and each may purchase or hold unrated securities and securities whose issuers are in default.When selecting investments for the Fund, the Fund can invest in securities directly or in other investment companies, including, for example, the Underlying Fund and other funds advised by Federated Investment Management Company (the “Adviser” or the “Underlying Fund’s Adviser”) or its affiliates. The Fund’s investment in the Underlying Fund is generally expected to be a substantial portion of the Fund’s portfolio.The Underlying Fund’s Adviser attempts to select bonds for investment by the Underlying Fund which offer high potential returns for the default risks being assumed. The Underlying Fund’s Adviser’s securities selection process consists of a credit-intensive, fundamental analysis of the issuing firm. The Underlying Fund’s Adviser’s analysis focuses on the financial condition of the issuing firm, together with the issuer’s business and product strength, competitive position and management expertise. Further, the Underlying Fund’s Adviser considers current economic, financial market and industry factors, which may affect the issuer.The Underlying Fund’s Adviser attempts to minimize the Underlying Fund’s portfolio credit risk through diversification. The Underlying Fund’s Adviser selects securities to maintain broad portfolio diversification both by company and industry. The Underlying Fund’s Adviser does not target an average maturity of the Underlying Fund’s portfolio.The Underlying Fund may use derivative contracts and/or hybrid instruments to implement elements of its investment strategy.The Adviser employs the same management, security selection and derivative strategies when the Fund invests directly in the securities in which the Underlying Fund invests.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 (i.e., BB or lower by an NRSRO). The Fund will notify shareholders at least 60 days in advance of any change in its investment policy that would enable the Fund to invest, under normal circumstances, less than 80% of its net assets (plus any borrowings for investment purposes) in investments rated below investment grade (i.e., BB or lower by an NRSRO).
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FHYSX - Performance
Return Ranking - Trailing
| Period | FHYSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 7.0% | -8.8% | 17.7% | 58.42% |
| 1 Yr | 7.3% | -9.2% | 18.4% | 56.44% |
| 3 Yr | 2.5%* | -14.6% | 21.0% | 43.32% |
| 5 Yr | 3.7%* | -12.0% | 36.6% | 36.31% |
| 10 Yr | 5.2%* | -4.8% | 20.1% | 8.98% |
* Annualized
Return Ranking - Calendar
| Period | FHYSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 6.0% | -4.7% | 14.3% | 27.14% |
| 2022 | -16.8% | -33.4% | 3.6% | 71.10% |
| 2021 | -0.2% | -8.4% | 8.2% | 56.55% |
| 2020 | -0.2% | -13.2% | 302.7% | 50.98% |
| 2019 | 8.1% | -4.4% | 13.3% | 49.27% |
Total Return Ranking - Trailing
| Period | FHYSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 7.0% | -8.8% | 17.7% | 58.42% |
| 1 Yr | 7.3% | -9.2% | 18.4% | 56.44% |
| 3 Yr | 2.5%* | -14.6% | 21.0% | 43.32% |
| 5 Yr | 3.7%* | -12.0% | 36.6% | 36.31% |
| 10 Yr | 5.2%* | -4.8% | 20.1% | 8.98% |
* Annualized
Total Return Ranking - Calendar
| Period | FHYSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 13.2% | -4.7% | 18.7% | 21.55% |
| 2022 | -11.2% | -33.4% | 47.8% | 61.13% |
| 2021 | 5.6% | -8.4% | 12.4% | 38.28% |
| 2020 | 6.6% | -9.6% | 325.6% | 26.64% |
| 2019 | 15.7% | -3.8% | 21.6% | 12.59% |
NAV & Total Return History
FHYSX - Holdings
Concentration Analysis
| FHYSX | Category Low | Category High | FHYSX % Rank | |
|---|---|---|---|---|
| Net Assets | 25 M | 3.13 M | 25.3 B | 97.54% |
| Number of Holdings | 2 | 2 | 3879 | 100.00% |
| Net Assets in Top 10 | 34 M | -492 M | 5.25 B | 75.29% |
| Weighting of Top 10 | 100.06% | 4.2% | 146.0% | 0.49% |
Top 10 Holdings
- FED HIGH YLD BOND PORT 97.54%
- REPO BANK AMERICA 2.51%
Asset Allocation
| Weighting | Return Low | Return High | FHYSX % Rank | |
|---|---|---|---|---|
| Stocks | 97.54% | 0.00% | 97.54% | 0.16% |
| Other | 2.51% | -39.08% | 99.86% | 5.60% |
| Convertible Bonds | 0.51% | 0.00% | 17.89% | 78.91% |
| Preferred Stocks | 0.00% | 0.00% | 4.97% | 79.90% |
| Cash | 0.00% | -52.00% | 48.02% | 98.02% |
| Bonds | 0.00% | 0.00% | 145.36% | 99.18% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | FHYSX % Rank | |
|---|---|---|---|---|
| Utilities | 0.00% | 0.00% | 100.00% | 77.37% |
| Technology | 0.00% | 0.00% | 33.17% | 78.23% |
| Real Estate | 0.00% | 0.00% | 86.71% | 74.57% |
| Industrials | 0.00% | 0.00% | 93.12% | 78.45% |
| Healthcare | 0.00% | 0.00% | 22.17% | 76.94% |
| Financial Services | 0.00% | 0.00% | 100.00% | 78.88% |
| Energy | 0.00% | 0.00% | 100.00% | 40.95% |
| Communication Services | 0.00% | 0.00% | 99.99% | 9.27% |
| Consumer Defense | 0.00% | 0.00% | 100.00% | 75.65% |
| Consumer Cyclical | 0.00% | 0.00% | 100.00% | 79.31% |
| Basic Materials | 0.00% | 0.00% | 100.00% | 10.56% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | FHYSX % Rank | |
|---|---|---|---|---|
| US | 97.54% | 0.00% | 97.54% | 0.16% |
| Non US | 0.00% | -0.01% | 2.00% | 70.51% |
FHYSX - Expenses
Operational Fees
| FHYSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.97% | 0.02% | 38.33% | 50.49% |
| Management Fee | 0.00% | 0.00% | 1.75% | 0.66% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | 0.10% | 0.00% | 0.50% | 55.14% |
Sales Fees
| FHYSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.25% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| FHYSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| FHYSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 2.00% | 1.00% | 255.00% | 0.36% |
FHYSX - Distributions
Dividend Yield Analysis
| FHYSX | Category Low | Category High | FHYSX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 6.42% | 0.00% | 11.76% | 39.28% |
Dividend Distribution Analysis
| FHYSX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | SemiAnnual | Monthly | Monthly |
Net Income Ratio Analysis
| FHYSX | Category Low | Category High | FHYSX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 5.42% | -2.39% | 9.30% | 10.40% |
Capital Gain Distribution Analysis
| FHYSX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Semi-Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Nov 30, 2024 | $0.063 | OrdinaryDividend |
| Oct 31, 2024 | $0.063 | OrdinaryDividend |
| Sep 30, 2024 | $0.061 | OrdinaryDividend |
| Aug 31, 2024 | $0.062 | OrdinaryDividend |
| Jul 31, 2024 | $0.058 | OrdinaryDividend |
| Jun 30, 2024 | $0.059 | OrdinaryDividend |
| Apr 30, 2024 | $0.059 | OrdinaryDividend |
| Mar 31, 2024 | $0.058 | OrdinaryDividend |
| Feb 29, 2024 | $0.058 | OrdinaryDividend |
| Jan 31, 2024 | $0.064 | OrdinaryDividend |
| Dec 31, 2023 | $0.068 | OrdinaryDividend |
| Nov 30, 2023 | $0.059 | OrdinaryDividend |
| Oct 31, 2023 | $0.059 | OrdinaryDividend |
| Sep 30, 2023 | $0.062 | OrdinaryDividend |
| Aug 31, 2023 | $0.061 | OrdinaryDividend |
| Jul 31, 2023 | $0.061 | OrdinaryDividend |
| Jun 30, 2023 | $0.061 | OrdinaryDividend |
| May 31, 2023 | $0.061 | OrdinaryDividend |
| Apr 28, 2023 | $0.061 | OrdinaryDividend |
| Mar 31, 2023 | $0.061 | OrdinaryDividend |
| Feb 28, 2023 | $0.060 | OrdinaryDividend |
| Jan 31, 2023 | $0.061 | OrdinaryDividend |
| Dec 31, 2022 | $0.062 | OrdinaryDividend |
| Nov 30, 2022 | $0.065 | OrdinaryDividend |
| Oct 31, 2022 | $0.063 | OrdinaryDividend |
| Sep 30, 2022 | $0.062 | OrdinaryDividend |
| Aug 31, 2022 | $0.062 | OrdinaryDividend |
| Jul 31, 2022 | $0.063 | OrdinaryDividend |
| Jun 30, 2022 | $0.071 | OrdinaryDividend |
| May 31, 2022 | $0.074 | OrdinaryDividend |
| Apr 29, 2022 | $0.061 | OrdinaryDividend |
| Mar 31, 2022 | $0.064 | OrdinaryDividend |
| Feb 28, 2022 | $0.062 | OrdinaryDividend |
| Jan 31, 2022 | $0.060 | OrdinaryDividend |
| Dec 31, 2021 | $0.060 | OrdinaryDividend |
| Nov 30, 2021 | $0.060 | OrdinaryDividend |
| Oct 31, 2021 | $0.058 | OrdinaryDividend |
| Sep 30, 2021 | $0.059 | OrdinaryDividend |
| Aug 31, 2021 | $0.060 | OrdinaryDividend |
| Jul 30, 2021 | $0.059 | OrdinaryDividend |
| Jun 30, 2021 | $0.059 | OrdinaryDividend |
| May 28, 2021 | $0.060 | OrdinaryDividend |
| Apr 30, 2021 | $0.060 | OrdinaryDividend |
| Mar 31, 2021 | $0.061 | OrdinaryDividend |
| Feb 28, 2021 | $0.058 | OrdinaryDividend |
| Jan 29, 2021 | $0.022 | OrdinaryDividend |
| Dec 31, 2020 | $0.061 | OrdinaryDividend |
| Nov 30, 2020 | $0.059 | OrdinaryDividend |
| Oct 30, 2020 | $0.059 | OrdinaryDividend |
| Sep 30, 2020 | $0.061 | OrdinaryDividend |
| Aug 31, 2020 | $0.060 | OrdinaryDividend |
| Jul 31, 2020 | $0.060 | OrdinaryDividend |
| Jun 30, 2020 | $0.061 | OrdinaryDividend |
| May 29, 2020 | $0.063 | OrdinaryDividend |
| Apr 30, 2020 | $0.064 | OrdinaryDividend |
| Mar 31, 2020 | $0.065 | OrdinaryDividend |
| Feb 28, 2020 | $0.070 | OrdinaryDividend |
| Jan 31, 2020 | $0.071 | OrdinaryDividend |
| Dec 31, 2019 | $0.070 | OrdinaryDividend |
| Nov 29, 2019 | $0.069 | OrdinaryDividend |
| Oct 31, 2019 | $0.068 | OrdinaryDividend |
| Sep 30, 2019 | $0.068 | OrdinaryDividend |
| Aug 30, 2019 | $0.070 | OrdinaryDividend |
| Jul 31, 2019 | $0.067 | OrdinaryDividend |
| Jun 28, 2019 | $0.066 | OrdinaryDividend |
| Dec 19, 2017 | $0.009 | CapitalGainShortTerm |
| Dec 19, 2017 | $0.110 | CapitalGainLongTerm |
| Jun 05, 2017 | $0.001 | CapitalGainShortTerm |
| Jun 05, 2017 | $0.003 | CapitalGainLongTerm |
| Dec 19, 2016 | $0.006 | CapitalGainShortTerm |
| Jun 06, 2016 | $0.012 | CapitalGainShortTerm |
| Dec 17, 2015 | $0.003 | CapitalGainShortTerm |
| Dec 17, 2015 | $0.016 | OrdinaryDividend |
| Jun 04, 2015 | $0.004 | CapitalGainShortTerm |
| Jun 04, 2015 | $0.127 | CapitalGainLongTerm |
| Dec 17, 2014 | $0.010 | CapitalGainShortTerm |
| Dec 17, 2014 | $0.037 | CapitalGainLongTerm |
| Jun 05, 2014 | $0.008 | CapitalGainShortTerm |
| Jun 05, 2014 | $0.083 | CapitalGainLongTerm |
| Dec 18, 2013 | $0.015 | CapitalGainShortTerm |
| Dec 18, 2013 | $0.045 | CapitalGainLongTerm |
| Jun 06, 2013 | $0.023 | CapitalGainShortTerm |
| Jun 06, 2013 | $0.046 | CapitalGainLongTerm |
| Dec 20, 2012 | $0.029 | CapitalGainShortTerm |
| Dec 20, 2012 | $0.000 | CapitalGainLongTerm |
| Jun 09, 2011 | $0.058 | CapitalGainShortTerm |
| Dec 28, 2010 | $0.010 | CapitalGainLongTerm |
| Dec 28, 2010 | $0.773 | CapitalGainShortTerm |
| Sep 09, 2010 | $0.225 | CapitalGainShortTerm |
| Dec 28, 2009 | $0.154 | CapitalGainShortTerm |
FHYSX - Fund Manager Analysis
Managers
Mark Durbiano
Start Date
Tenure
Tenure Rank
Dec 24, 2008
13.44
13.4%
Mr. Durbiano joined Federated in 1982 and has been a Senior Portfolio Manager and a Senior Vice President of Federated Investment Management Company since 1996. From 1988 through 1995, Mr. Durbiano was a Portfolio Manager and a Vice President of Federated. Mr. Durbiano has received the Chartered Financial Analyst designation and an M.B.A. in Finance from the University of Pittsburgh.
Steven Wagner
Start Date
Tenure
Tenure Rank
Feb 28, 2018
4.25
4.3%
Mr. Wagner joined Federated in 1997 as an analyst in the high yield area and has been Senior Investment Analyst and Vice President of Federated Investment Management Company since 2003. Mr. Wagner received his B.S. from Boston College and his M.B.A. in Finance from the University of Pittsburgh.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.13 | 37.79 | 7.31 | 8.17 |
