FRSAX Mutual Fund

FRSAX Mutual Fund

NAV$8.48
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Fund Essentials - as of Mar 31, 2026

Net Assets
$112M
Expense Ratio
0.99%
Dividend Yield (Current)
3.82%
Holdings
46
Inception Date
Feb 23, 2011
Fund Family
Federated Hermes
Investment Style
PRO
Asset Class
PRO
Legal Structure
PRO
Dividend Frequency
Monthly
SEC 30-Day Yield
PRO

Performance

YTD+1.50%
1 Year+3.89%
3 Year+5.02%
5 Year+3.75%
10 Year+2.84%

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%
-Federated Core Tr Iii Federated Proj+Trade Fin Core12.67%
-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)
3.82%
Frequency
Monthly
Latest Distribution
$0.03
-

Peer Comparison

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

FRSAX Mutual Fund Overview

FRSAX Mutual Fund (Federated Hermes Floating Rate Strategic Income Fund Class A) is managed by Federated Hermes with $112.0M in net assets. FRSAX expense ratio is 0.99%, holding 46 positions across sectors including Financials. Inception date: 2011-02-23.

FRSAX performance shows a YTD return of 1.50%. The 1-year return is 3.89% and the 5-year return is 3.75%. FRSAX dividend yield stands at 3.82%, paid monthly.

FRSAX top holdings include Federated Core Tr Federated Bank Loan Core Fund (63.6%), Federated Core Tr Iii Federated Proj+Trade Fin Core (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 FRSAX holdings, FRSAX sectors, or FRSAX dividends.

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