Federated Hermes Total Return Bond Fund - Institutional Shares: (MF: FTRBX)
(NASDAQ Mutual Funds) As of May 5, 2025 08:00 PM ET
$9.40 USD
-0.01 (-0.11%)
Fund Description
The fund was incepted in October 1996 and is managed by Federated Investment Management Company. The fund's investment objective is to provide total return. The fund's total return consists of two components; changes in the market value of its portfolio securities (both realized and unrealized appreciation) and income received from its portfolio securities. The fund expects that income will comprise the largest component of its total return. The fund seeks to provide the appreciation component of total return by selecting those securities whose prices will, in the opinion of the fund, benefit from anticipated changes in economic and market conditions. The fund invests primarily in a diversified portfolio of investment grade fixed income securities, including mortgage backed securities, corporate debt securities and U.S. government obligations. The fund seeks to enhance its performance by allocating relatively more of its portfolio to the sector that the fund expects to offer the best balance between total return and risk and thus offer the greatest potential for return. The fund offers dividends monthly and capital gains annually.
Load Information
| Ticker | Max Load % |
Deferred Load % |
Red. Fee % |
12B-1 Fee % |
Mgmt Fee % |
Expense Ratio % |
|
|---|---|---|---|---|---|---|---|
| Federated Hermes Tot Ret Bd IS | FTRBX | NA | NA | 0.00 | 0.00 | 0.29 | 0.38 |
Return Data
| Ticker | Nav | Inception Date | % yield | 1 year return | 2 year return | 3 year return | |
|---|---|---|---|---|---|---|---|
| Federated Tot Ret Bd Inst | FTRBX | 9.40 | 10/1/1996 | 4.42 | 5.20 | 0.56 | 1.10 |
| Federated Tot Ret Bd Svc | FTRFX | 9.36 | 10/1/1996 | 4.12 | 4.89 | 0.26 | 0.80 |
| Federated Tot Ret Bd C | TLRCX | 9.36 | 8/2/2001 | 3.37 | 4.11 | -0.52 | 0.06 |
| Federated Tot Ret Bd A | TLRAX | 9.30 | 8/16/2001 | 3.87 | 4.63 | 0.01 | 0.57 |
| Federated Tot Ret Bd K | FTRKX | 9.30 | 4/8/2003 | 3.70 | 4.44 | -0.21 | 0.35 |
Investment Information
| Ticker | Minimum Initial Investment ($) | Minimum Subsequent Investment ($) | Minimum Initial IRA ($) | Dividend Frequency | |
|---|---|---|---|---|---|
| Federated Hermes Tot Ret Bd IS | FTRBX | 1000000 | 0 | 0 | M |
Contact Information
| Family | Federated |
| Address | 1001 Liberty Ave. Pittsburgh, PA 15222 |
| Phone | 800 341-7400 |