- ISIN
- US3141831046
- CUSIP
- 314183104
- Issuer
- Federated
- Inception Date
- Dec 30, 1968
- Category
- Global Allocation
- Min. Investment
- $1,500
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
FSTBX Performance Chart
Federated Hermes Global Allocation Fund (FSTBX) is up 8.1% since the beginning of the year. FSTBX is currently trading at $24 per share. Investors who bought $1,000 worth of FSTBX shares 5 years ago would now be looking at an investment worth $1,318.
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Returns By Period
Federated Hermes Global Allocation Fund (FSTBX) has returned 8.08% so far this year and 20.47% over the past 12 months. Over the last ten years, FSTBX has returned 7.28% per year, falling short of the S&P 500 Index benchmark, which averaged 13.66% annually.
Federated Hermes Global Allocation Fund
- 1D
- 0.38%
- 1M
- 3.80%
- YTD
- 8.08%
- 6M
- 9.07%
- 1Y
- 20.47%
- 3Y*
- 13.75%
- 5Y*
- 5.68%
- 10Y*
- 7.28%
Benchmark (S&P 500 Index)
- 1D
- -0.74%
- 1M
- 4.90%
- YTD
- 10.35%
- 6M
- 10.28%
- 1Y
- 26.52%
- 3Y*
- 20.83%
- 5Y*
- 12.30%
- 10Y*
- 13.66%
FSTBX Monthly Returns History
Based on dividend-adjusted daily data since Jan 3, 2012, FSTBX's average daily return is +0.03%, while the average monthly return is +0.61%. At this rate, an investment would double in approximately 9.5 years.
Historically, 66% of months were positive and 34% were negative. The best month was Apr 2020 with a return of +8.1%, while the worst month was Mar 2020 at -10.2%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 4 months.
On a daily basis, FSTBX closed higher 51% of trading days. The best single day was Dec 30, 2021 with a return of +14.4%, while the worst single day was Dec 31, 2021 at -12.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.45% | 1.05% | -5.45% | 5.53% | 2.92% | 0.68% | 8.08% | ||||||
| 2025 | 3.08% | -1.20% | -2.02% | 1.05% | 3.32% | 3.70% | 0.46% | 2.36% | 1.94% | 1.38% | 0.79% | 0.78% | 16.61% |
| 2024 | -0.05% | 2.50% | 2.48% | -3.61% | 3.06% | 0.94% | 2.03% | 2.09% | 1.50% | -2.42% | 3.32% | -2.78% | 9.08% |
| 2023 | 5.17% | -3.04% | 1.71% | 0.23% | -1.68% | 3.64% | 2.38% | -2.65% | -3.59% | -2.54% | 6.98% | 4.80% | 11.22% |
| 2022 | -3.72% | -1.46% | 0.37% | -5.81% | 0.92% | -6.61% | 3.92% | -3.27% | -6.67% | 3.08% | 5.97% | -2.37% | -15.42% |
| 2021 | -0.23% | 0.87% | 1.47% | 2.95% | 1.30% | 0.22% | -0.04% | 1.54% | -3.63% | 3.46% | -2.16% | 2.70% | 8.54% |
Benchmark Metrics
Federated Hermes Global Allocation Fund has an annualized alpha of -0.13%, beta of 0.56, and R2 of 0.60 versus S&P 500 Index. Calculated based on daily prices since January 04, 2012.
- This fund participated in 77.97% of S&P 500 Index downside but only 60.57% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.56 indicates this fund moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- -0.13%
- Beta
- 0.56
- R²
- 0.60
- Upside Capture
- 60.57%
- Downside Capture
- 77.97%
Expense Ratio
FSTBX has a high expense ratio of 1.14%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
FSTBX ranks 47 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Federated Hermes Global Allocation Fund (FSTBX) and compare them to S&P 500 Index.
| FSTBX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.42 | ||
| Sortino ratioReturn per unit of downside risk | -0.50 | ||
| Omega ratioGain probability vs. loss probability | 1.47 | 1.41 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.56 | 2.93 | -0.37 |
| Martin ratioReturn relative to average drawdown | 9.24 | 13.52 | -4.28 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
Federated Hermes Global Allocation Fund provided a 5.90% dividend yield over the last twelve months, with an annual payout of $1.40 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.40 | $1.40 | $0.40 | $0.29 | $0.30 | $3.20 | $0.50 | $0.51 | $1.01 | $0.29 | $0.33 | $0.20 |
Dividend yield | 5.90% | 6.35% | 2.01% | 1.53% | 1.72% | 15.46% | 2.28% | 2.55% | 5.79% | 1.43% | 1.87% | 1.14% |
Monthly Dividends
The table displays the monthly dividend distributions for Federated Hermes Global Allocation 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.00 | $0.08 | ||||||
| 2025 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $1.12 | $1.40 |
| 2024 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.16 | $0.40 |
| 2023 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.12 | $0.29 |
| 2022 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.13 | $0.30 |
| 2021 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $3.03 | $3.20 |
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 Global Allocation 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 Global Allocation Fund was 31.34%, occurring on Oct 14, 2022. Recovery took 729 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -31.34%Oct 2022 | 9mo 17d | 2y 11mo | 3y 8moDec 2021 - Sep 2025 |
COVID crash2020 | -25.67%Mar 2020 | 1mo 9d | 4mo 13d | 5mo 22dFeb 2020 - Aug 2020 |
2016 correction2016 | -16.77%Feb 2016 | 9mo 19d | 1y 3mo | 2y 19dApr 2015 - May 2017 |
Rate-hike selloffLate 2018 | -16.23%Dec 2018 | 10mo 29d | 11mo 8d | 1y 10moJan 2018 - Nov 2019 |
2012 pullback2012 | -8.60%Jun 2012 | 2mo 2d | 3mo 4d | 5mo 6dApr 2012 - Sep 2012 |
Drawdown Indicators
| FSTBX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.34% | -56.78% | +25.44% |
Max Drawdown (1Y)Largest decline over 1 year | -8.03% | -9.10% | +1.07% |
Max Drawdown (3Y)Largest decline over 3 years | -10.88% | -18.90% | +8.02% |
Max Drawdown (5Y)Largest decline over 5 years | -31.34% | -25.43% | -5.91% |
Max Drawdown (10Y)Largest decline over 10 years | -31.34% | -33.92% | +2.58% |
Current DrawdownCurrent decline from peak | 0.00% | -0.74% | +0.74% |
Average DrawdownAverage peak-to-trough decline | -6.96% | -10.72% | +3.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.22% | 1.97% | +0.25% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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