Symbols

FCSH

Federated Hermes Short Duration Corporate ETF·ARCA

--(--)

Key Stats

Assets Under Management

64.81MUSD

Fund Flows (1Y)

4.88MUSD

Dividend Yield

3.98%

Discount/Premium to NAV

0.11%

Shares Outstanding

2.70M

Expense Ratio

0.30%

About Federated Hermes Short Duration Corporate ETF

Issuer

Federated Hermes, Inc.

Brand

Federated Hermes

Home Page

https://www.federatedinvestors.com/products/exchange-traded-funds/short-duration-corporate-etf.do

Inception Date

Dec 16, 2021

Structure

Open-Ended Fund

Index Tracked

Management Style

Active

Dividend Treatment

Distributes

Distribution Tax Treatment

Ordinary income

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

Federated Investment Management Co.

Distributor

Federated Securities Corp.

The fund actively and primarily invests in a portfolio of investment-grade, US dollar-denominated corporate bonds issued by US or foreign companies. The adviser employs a corporate earnings analysis in determining the most advantageous business sectors and credit ratings, and conducts a series of fundamental analysis that focuses on the company's business, competitive position, and financial condition in selecting individual securities. The fund is actively managed, and seeks to maintain an expected dollar-weighted average duration range of 1.5 to 3.5 years. In managing its credit risk, the fund may also hold US Treasurys, US government agency securities, and derivatives such as futures contracts, option contracts, and swap contracts. FCSH is designed for investors who are seeking to invest in a diversified portfolio delivering efficient exposure to the potential of high quality corporate debt securities in USD.