Federated Hermes Capital Income Fund (CAPAX)
The investment seeks current income and long-term growth of income; capital appreciation is a secondary objective. The fund pursues its investment objectives by investing in both equity and fixed-income securities that have relatively high current income potential. The fund's investment adviser or sub-adviser ("Adviser") divides the fund's portfolio between equity and fixed-income investments by first allocating an amount to fixed-income investments sufficient to achieve a minimum income consistent with the fund's strategy of emphasizing relatively high current income potential.
Fund Info
| ISIN | US31420C8780 |
|---|---|
| CUSIP | 31420C878 |
| Issuer | Federated |
| Inception Date | May 26, 1988 |
| Category | Diversified Portfolio |
| Min. Investment | $1,500 |
| Asset Class | Multi-Asset |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
CAPAX features an expense ratio of 0.88%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Popular comparisons: CAPAX vs. CAIBX, CAPAX vs. FWATX, CAPAX vs. INPFX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Federated Hermes Capital Income Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Federated Hermes Capital Income Fund had a return of 11.50% year-to-date (YTD) and 20.90% in the last 12 months. Over the past 10 years, Federated Hermes Capital Income Fund had an annualized return of 4.25%, while the S&P 500 had an annualized return of 11.41%, indicating that Federated Hermes Capital Income Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 11.50% | 25.70% |
| 1 month | 1.09% | 3.51% |
| 6 months | 7.56% | 14.80% |
| 1 year | 20.90% | 37.91% |
| 5 years (annualized) | 5.90% | 14.18% |
| 10 years (annualized) | 4.25% | 11.41% |
Monthly Returns
The table below presents the monthly returns of CAPAX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.25% | 1.43% | 2.44% | -2.73% | 2.39% | 0.99% | 2.27% | 1.72% | 1.68% | -1.53% | 11.50% | ||
| 2023 | 3.63% | -2.96% | 1.46% | 0.76% | -1.44% | 2.50% | 1.78% | -1.18% | -2.94% | -1.59% | 6.48% | 4.03% | 10.51% |
| 2022 | -2.38% | -1.76% | 0.51% | -4.74% | 0.69% | -5.82% | 4.12% | -2.64% | -6.14% | 3.48% | 4.07% | -1.85% | -12.43% |
| 2021 | -0.86% | 2.62% | 1.53% | 2.53% | 1.23% | 0.11% | 0.00% | 1.09% | -1.61% | 2.12% | -2.04% | 2.74% | 9.73% |
| 2020 | -0.04% | -4.29% | -10.15% | 6.83% | 3.80% | 0.71% | 3.59% | 3.23% | -1.92% | -0.96% | 6.68% | 2.91% | 9.47% |
| 2019 | 4.85% | 2.04% | 0.57% | 1.83% | -2.73% | 3.63% | 0.44% | -0.83% | 1.34% | 0.53% | 1.13% | 2.07% | 15.70% |
| 2018 | 1.76% | -2.14% | -0.61% | 0.22% | 0.41% | -0.30% | 1.80% | 0.09% | -0.04% | -4.12% | 0.63% | -4.82% | -7.13% |
| 2017 | 1.19% | 2.00% | -0.48% | 0.41% | 0.36% | 0.17% | 1.18% | 0.35% | 1.55% | 0.93% | 1.33% | 0.65% | 10.05% |
| 2016 | -2.78% | 0.98% | 4.02% | 1.24% | 0.18% | 1.26% | 1.75% | 0.22% | -0.14% | -0.76% | 0.34% | 1.47% | 7.90% |
| 2015 | -0.44% | 2.15% | -0.97% | 0.85% | 0.14% | -2.44% | 0.25% | -3.22% | -3.13% | 3.90% | -0.83% | -2.38% | -6.19% |
| 2014 | -1.78% | 3.26% | 0.86% | 1.73% | 1.31% | 1.56% | -1.53% | 1.83% | -2.93% | 0.50% | -0.21% | -2.09% | 2.34% |
| 2013 | 2.32% | 0.19% | 1.73% | 2.34% | -0.30% | -2.64% | 3.31% | -1.90% | 2.46% | 3.01% | 0.55% | 1.09% | 12.64% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of CAPAX is 87, placing it in the top 13% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Federated Hermes Capital Income Fund (CAPAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Federated Hermes Capital Income Fund provided a 3.15% dividend yield over the last twelve months, with an annual payout of $0.28 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.28 | $0.28 | $0.28 | $0.30 | $0.29 | $0.29 | $0.32 | $0.32 | $0.33 | $0.41 | $0.51 | $0.45 |
Dividend yield | 3.15% | 3.37% | 3.69% | 3.31% | 3.45% | 3.64% | 4.43% | 3.91% | 4.23% | 5.54% | 6.10% | 5.20% |
Monthly Dividends
The table displays the monthly dividend distributions for Federated Hermes Capital Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.02 | $0.03 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.04 | $0.02 | $0.02 | $0.00 | $0.22 | |
| 2023 | $0.02 | $0.03 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.03 | $0.03 | $0.28 |
| 2022 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.28 |
| 2021 | $0.02 | $0.03 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.05 | $0.03 | $0.02 | $0.03 | $0.02 | $0.30 |
| 2020 | $0.03 | $0.03 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.03 | $0.29 |
| 2019 | $0.02 | $0.03 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.02 | $0.29 |
| 2018 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.02 | $0.32 |
| 2017 | $0.02 | $0.03 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.05 | $0.02 | $0.02 | $0.03 | $0.03 | $0.32 |
| 2016 | $0.02 | $0.03 | $0.03 | $0.02 | $0.03 | $0.03 | $0.02 | $0.04 | $0.02 | $0.02 | $0.03 | $0.03 | $0.33 |
| 2015 | $0.03 | $0.04 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.04 | $0.07 | $0.41 |
| 2014 | $0.04 | $0.09 | $0.04 | $0.03 | $0.05 | $0.04 | $0.03 | $0.04 | $0.04 | $0.03 | $0.05 | $0.04 | $0.51 |
| 2013 | $0.03 | $0.04 | $0.03 | $0.04 | $0.05 | $0.05 | $0.03 | $0.04 | $0.04 | $0.03 | $0.04 | $0.04 | $0.45 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Federated Hermes Capital Income Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Federated Hermes Capital Income Fund was 59.17%, occurring on Oct 9, 2002. Recovery took 2369 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -59.17% | Dec 24, 1997 | 1220 | Oct 9, 2002 | 2369 | Mar 13, 2012 | 3589 |
| -38.27% | Jun 4, 1987 | 99 | Oct 20, 1987 | 333 | Jan 27, 1989 | 432 |
| -23.36% | Feb 21, 2020 | 22 | Mar 23, 2020 | 110 | Aug 27, 2020 | 132 |
| -17.76% | Nov 9, 2021 | 235 | Oct 14, 2022 | 363 | Mar 27, 2024 | 598 |
| -15.57% | Jul 7, 2014 | 389 | Jan 20, 2016 | 280 | Mar 1, 2017 | 669 |
Volatility
Volatility Chart
The current Federated Hermes Capital Income Fund volatility is 1.72%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.