Federated Hermes Corporate Bond Strategy Port (FCSPX)
The fund invests primarily in a diversified portfolio of investment-grade, corporate fixed-income securities. While the fund may invest in securities of any maturity, the fund's average duration is expected to vary and may range between one and ten years depending on the Adviser's view of interest rates. It may also invest in Treasury securities, government securities and derivative instruments to implement its investment strategies.
Fund Info
| ISIN | US31421P1003 |
|---|---|
| Issuer | Federated |
| Inception Date | Jun 20, 2006 |
| Category | Corporate Bonds |
| Min. Investment | $0 |
| Asset Class | Bond |
Expense Ratio
The Federated Hermes Corporate Bond Strategy Port has an expense ratio of 0.00%, indicating no management fees are charged.
Share Price Chart
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Popular comparisons: FCSPX vs. FNILX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Federated Hermes Corporate Bond Strategy Port, 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 Corporate Bond Strategy Port had a return of -2.98% year-to-date (YTD) and 1.32% in the last 12 months. Over the past 10 years, Federated Hermes Corporate Bond Strategy Port had an annualized return of 2.62%, while the S&P 500 had an annualized return of 10.52%, indicating that Federated Hermes Corporate Bond Strategy Port did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -2.98% | 6.92% |
| 1 month | -2.37% | -2.83% |
| 6 months | 6.69% | 23.86% |
| 1 year | 1.32% | 23.33% |
| 5 years (annualized) | 1.74% | 11.66% |
| 10 years (annualized) | 2.62% | 10.52% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.57% | -1.55% | 1.01% | |||||||||
| 2023 | -2.89% | -1.53% | 6.01% | 3.81% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
Federated Hermes Corporate Bond Strategy Port(FCSPX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Federated Hermes Corporate Bond Strategy Port (FCSPX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Federated Hermes Corporate Bond Strategy Port granted a 4.13% dividend yield in the last twelve months. The annual payout for that period amounted to $0.40 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.40 | $0.40 | $0.41 | $0.47 | $0.44 | $0.45 | $0.53 | $0.46 | $0.46 | $0.47 | $0.06 | $0.08 |
Dividend yield | 4.13% | 4.00% | 4.26% | 3.93% | 3.51% | 3.95% | 5.15% | 4.11% | 4.32% | 4.60% | 0.55% | 0.79% |
Monthly Dividends
The table displays the monthly dividend distributions for Federated Hermes Corporate Bond Strategy Port. 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.03 | $0.03 | $0.03 | |||||||||
| 2023 | $0.04 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 |
| 2022 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.06 | $0.03 | $0.03 | $0.03 | $0.03 |
| 2021 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.11 |
| 2020 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.03 | $0.04 |
| 2019 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 |
| 2018 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.06 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.08 |
| 2017 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 |
| 2016 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 |
| 2015 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 |
| 2013 | $0.08 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Federated Hermes Corporate Bond Strategy Port. 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 Corporate Bond Strategy Port was 21.92%, occurring on Oct 21, 2022. The portfolio has not yet recovered.
The current Federated Hermes Corporate Bond Strategy Port drawdown is 11.93%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -21.92% | Sep 15, 2021 | 282 | Oct 21, 2022 | — | — | — |
| -16.9% | Mar 9, 2020 | 9 | Mar 19, 2020 | 57 | Jun 10, 2020 | 66 |
| -9% | Nov 9, 2012 | 206 | Sep 5, 2013 | 666 | Apr 28, 2016 | 872 |
| -5.31% | Aug 5, 2011 | 46 | Oct 10, 2011 | 141 | May 2, 2012 | 187 |
| -5.3% | Jan 4, 2021 | 54 | Mar 18, 2021 | 77 | Jul 7, 2021 | 131 |
Volatility
Volatility Chart
The current Federated Hermes Corporate Bond Strategy Port volatility is 1.98%, 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.