FTRB

Federated Hermes Total Return Bond ETF

$25.44

+0.00%

Market closed. Last update: 10:49 PM ET

📎 Investment Objective

The Federated Hermes Total Return Bond ETF seeks to provide a high level of current income consistent with preservation of capital.

Overview

ETF tracking Federated Hermes Total Return Bond ETF

Category Fixed Income

Issuer Other

Inception Date 2024-01-04

Market Cap $335.8M

Average Volume N/A

Dividend Yield 3.53%

52-Week Range $24.39 - $25.73

VWAP $25.45

Performance

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Investment Summary

📎 Investment Objective

The Federated Hermes Total Return Bond ETF seeks to provide a high level of current income consistent with preservation of capital.

🎯 Investment Strategy

The ETF invests primarily in a diversified portfolio of investment-grade fixed-income securities, including U.S. government securities, corporate bonds, mortgage-backed securities, and asset-backed securities. The fund's portfolio is actively managed to maintain an average duration of 3-7 years.

✨ Key Features

Broad exposure to the investment-grade fixed income market
Active management approach to navigate changing market conditions
Emphasis on generating current income while preserving capital
Average portfolio duration of 3-7 years to balance interest rate risk

⚠️ Primary Risks

Interest rate risk: The fund's value may decline when interest rates rise
Credit risk: The fund is exposed to the risk of issuers defaulting on their debt obligations
Liquidity risk: Some bond holdings may be difficult to sell, especially during periods of market stress
Prepayment risk: Mortgage-backed and asset-backed securities may be subject to prepayments, which can reduce the fund's yield

👤 Best For

This ETF may be suitable for investors seeking a diversified fixed-income investment that provides a steady stream of current income and moderate capital appreciation, with a medium-term investment horizon. It may be appropriate as a core bond allocation within a broader investment portfolio.