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Federated Hermes Strategic Income Fund (STIAX)

8.28
+0.02
+(0.24%)
At close: 8:04:01 PM EDT

Fund Summary

The fund's advisor allocates the portfolio of investments among the following three categories of the fixed-income market: domestic investment-grade (including, but not limited to, U.S. government, asset-backed, mortgage-backed, corporate and municipal), domestic noninvestment-grade (including, but not limited to, corporate debt issues, MBS and municipal securities) and foreign investments. In addition, when the Adviser considers the risk/return prospects of equity securities to be attractive, it may also opportunistically invest up to 20% of its assets in equity securities.

Risk Overview

Morningstar Risk Rating
Best 1Y Total Return 12.72%
Worst 1Y Total Return --
Number of Years Up 24
Number of Years Down 6

Performance & Risk

YTD Return 2.22%
5y Average Return 4.72%
Rank in Category (ytd) 20
% Rank in Category (ytd) --
Beta (5Y Monthly) 1.00
Morningstar Risk Rating

Risk Statistics

3 Years 5 Years 10 Years
STIAXCategory AverageSTIAXCategory AverageSTIAXCategory Average
Alpha 2.53 0.01 3.38 0.02 1.74 0.02
BETA 1 0.01 1.06 0.01 0.9 0.01
Mean Annual Return 0.2 0 0.24 0 0.28 0
R-squared 82.14 0.16 53.65 0.16 39.9 0.16
Standard Deviation 8.64 0.08 9.17 0.06 7.12 0.05
Sharpe Ratio -0.24 0.01 0.02 0.01 0.21 0.01
Treynor Ratio -2.44 0.06 -0.21 0.06 1.39 0.07

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