FFRLX Mutual Fund

FFRLX Mutual Fund

NAV$8.47
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Fund Essentials - as of Mar 31, 2026

Net Assets
$27M
Expense Ratio
0.73%
Dividend Yield (Current)
3.56%
Holdings
46
Inception Date
Dec 27, 2016
Fund Family
Federated Hermes
Investment Style
PRO
Asset Class
PRO
Legal Structure
PRO
Dividend Frequency
Monthly
SEC 30-Day Yield
PRO

Performance

YTD+1.53%
1 Year+4.03%
3 Year+6.22%
5 Year+3.23%
10 Year+3.65%

Asset Allocation

Bonds: 22.47%
Cash: 1.27%
Other: 76.26%
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Top Holdings

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TickerNameWeight
NMFFederated Core Tr Federated Bank Loan Core Fund63.58%
-Sold JPY Bought USD 2026040212.67%
-Fannie Mae Remics1.86%
-Freddie Mac Remics1.47%
-Government National Mortgage Association 4.75 2055-08-201.45%
Top 10 Concentration: 85.21%Report Date: Mar 31, 2026
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Dividend Summary

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Dividend Yield (Current)
3.56%
Frequency
Monthly
Latest Distribution
$0.03
-

Peer Comparison

Benchmark
PRO
Peer outperformance: PRO
Category rank: PRO
This Mutual Fund
PRO
Peer Avg
PRO

FFRLX Mutual Fund Overview

FFRLX Mutual Fund (Federated Hermes Floating Rate Strategic Income Fund Class R6) is managed by Federated Hermes with $27.3M in net assets. FFRLX expense ratio is 0.73%, holding 46 positions across sectors including Financials. Inception date: 2016-12-27.

FFRLX performance shows a YTD return of 1.53%. The 1-year return is 4.03% and the 5-year return is 3.23%. FFRLX dividend yield stands at 3.56%, paid monthly.

FFRLX top holdings include Federated Core Tr Federated Bank Loan Core Fund (63.6%), Sold JPY Bought USD 20260402 (12.7%), Fannie Mae Remics (1.9%), Freddie Mac Remics (1.5%), Government National Mortgage Association 4.75 2055-08-20 (1.4%). Go to all FFRLX holdings, FFRLX sectors, or FFRLX dividends.

FFRLX can be compared against other funds. Use FFRLX overlap to find shared positions, or FFRLX vs another fund for a side-by-side view. FFRLX alternatives are available via the screener, along with tax-loss harvesting opportunities.