Federated Hermes Conservative Microshort Fund (FHCOX)
The fund aims to invest in investment-grade fixed-income securities including commercial paper, certificates of deposit, and corporate debt securities. Up to 15% of the fund's assets may be allocated to BBB-rated securities or those with comparable quality for short-term maturities.
Fund Info
Feb 2, 2021
$1,000,000
Expense Ratio
FHCOX has an expense ratio of 0.05%, which is considered low.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
Federated Hermes Conservative Microshort Fund (FHCOX) returned 1.56% year-to-date (YTD) and 5.47% over the past 12 months.
FHCOX
1.56%
0.10%
2.42%
5.47%
4.84%
N/A
N/A
^GSPC (Benchmark)
0.51%
6.15%
-2.00%
12.92%
12.68%
14.19%
10.85%
Monthly Returns
The table below presents the monthly returns of FHCOX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.50% | 0.38% | 0.39% | 0.18% | 0.10% | 1.56% | |||||||
| 2024 | 0.98% | 0.36% | 0.10% | 0.94% | 0.47% | 0.00% | 1.02% | 0.10% | 1.00% | 0.34% | 0.00% | 0.84% | 6.34% |
| 2023 | 0.79% | 0.33% | 0.37% | 0.10% | 0.80% | 0.40% | 0.53% | 0.56% | 0.00% | 0.95% | 0.48% | 0.10% | 5.56% |
| 2022 | -0.07% | -0.07% | -0.07% | -0.16% | 0.21% | -0.00% | 0.10% | 0.22% | 0.20% | 0.15% | 0.39% | 0.00% | 0.91% |
| 2021 | 0.00% | 0.06% | 0.03% | 0.02% | 0.04% | 0.12% | 0.13% | -0.08% | 0.02% | -0.06% | -0.08% | 0.20% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 99, FHCOX is among the top 1% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Federated Hermes Conservative Microshort Fund (FHCOX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
Federated Hermes Conservative Microshort Fund provided a 5.11% dividend yield over the last twelve months, with an annual payout of $0.51 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Dividend | $0.51 | $0.54 | $0.50 | $0.17 | $0.03 |
Dividend yield | 5.11% | 5.44% | 5.03% | 1.74% | 0.30% |
Monthly Dividends
The table displays the monthly dividend distributions for Federated Hermes Conservative Microshort 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.04 | $0.04 | $0.04 | $0.04 | $0.00 | $0.16 | |||||||
| 2024 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.54 |
| 2023 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.50 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.17 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Federated Hermes Conservative Microshort 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 Conservative Microshort Fund was 0.57%, occurring on Apr 29, 2022. Recovery took 89 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -0.57% | Sep 16, 2021 | 158 | Apr 29, 2022 | 89 | Sep 2, 2022 | 247 |
| -0.3% | Apr 7, 2025 | 5 | Apr 11, 2025 | 12 | Apr 30, 2025 | 17 |
| -0.2% | Sep 6, 2022 | 9 | Sep 16, 2022 | 10 | Sep 30, 2022 | 19 |
| -0.1% | Mar 21, 2023 | 1 | Mar 21, 2023 | 2 | Mar 23, 2023 | 3 |
| -0.1% | Mar 27, 2023 | 1 | Mar 27, 2023 | 4 | Mar 31, 2023 | 5 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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