Federated Hermes Total Return Bond Fund Institutional Shares (FTRBX)
Federated Hermes Total Return Bond Fund (FTRBX) aims to achieve its investment objective by primarily investing in U.S. dollar-denominated, investment-grade fixed-income securities. Additionally, it may allocate assets to high-yield, non-U.S. dollar denominated, and emerging market fixed-income securities. However, the fund will typically not hold more than 10% of its assets in unhedged non-U.S. dollar denominated fixed-income securities.
Fund Info
| ISIN | US31428Q1013 |
|---|---|
| CUSIP | 31428Q101 |
| Issuer | Federated |
| Inception Date | Oct 1, 1996 |
| Category | Intermediate Core Bond |
| Min. Investment | $1,000,000 |
| Home Page | www.federatedinvestors.com |
| Asset Class | Bond |
Expense Ratio
FTRBX has a high expense ratio of 0.39%, indicating higher-than-average management fees.
Share Price Chart
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Popular comparisons: FTRBX vs. FXNAX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Federated Hermes Total Return Bond Fund Institutional Shares, 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 Total Return Bond Fund Institutional Shares had a return of -0.67% year-to-date (YTD) and 1.68% in the last 12 months. Over the past 10 years, Federated Hermes Total Return Bond Fund Institutional Shares had an annualized return of 1.72%, while the S&P 500 had an annualized return of 10.90%, indicating that Federated Hermes Total Return Bond Fund Institutional Shares did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -0.67% | 11.05% |
| 1 month | 2.45% | 4.86% |
| 6 months | 4.14% | 17.50% |
| 1 year | 1.68% | 27.37% |
| 5 years (annualized) | 0.69% | 13.14% |
| 10 years (annualized) | 1.72% | 10.90% |
Monthly Returns
The table below presents the monthly returns of FTRBX, 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 | 0.35% | -1.52% | 0.64% | -2.05% | -0.67% | ||||||||
| 2023 | 3.38% | -2.49% | 2.33% | 0.31% | -0.81% | -0.62% | 0.12% | -0.63% | -2.78% | -1.42% | 4.76% | 3.23% | 5.17% |
| 2022 | -1.94% | -1.16% | -2.28% | -3.81% | 0.47% | -1.75% | 2.32% | -2.39% | -4.02% | -1.32% | 3.54% | -0.97% | -12.76% |
| 2021 | -0.60% | -0.84% | -0.80% | 0.87% | 0.18% | 1.06% | 0.70% | 0.24% | -0.65% | -0.09% | 0.08% | 0.07% | 0.19% |
| 2020 | 1.71% | 1.13% | -2.82% | 2.71% | 1.56% | 1.16% | 2.04% | -0.36% | -0.03% | -0.40% | 1.76% | -1.07% | 7.50% |
| 2019 | 1.73% | 0.18% | 1.81% | 0.31% | 1.07% | 1.60% | 0.29% | 1.92% | -0.36% | 0.36% | 0.09% | 0.37% | 9.74% |
| 2018 | -0.75% | -0.95% | 0.28% | -0.56% | 0.47% | -0.18% | 0.39% | 0.38% | -0.20% | -0.95% | 0.11% | 0.84% | -1.12% |
| 2017 | 0.46% | 0.81% | 0.00% | 0.73% | 0.63% | 0.16% | 0.52% | 0.71% | -0.29% | 0.18% | -0.08% | 0.50% | 4.41% |
| 2016 | 0.39% | 0.47% | 1.80% | 1.21% | -0.07% | 1.76% | 1.10% | 0.37% | 0.07% | -0.56% | -2.09% | 0.49% | 4.98% |
| 2015 | 1.90% | -0.45% | 0.25% | -0.09% | -0.26% | -1.09% | 0.56% | -0.63% | 0.19% | 0.56% | -0.37% | -0.77% | -0.23% |
| 2014 | 1.14% | 0.77% | 0.13% | 0.85% | 1.03% | 0.22% | -0.14% | 0.85% | -0.69% | 0.74% | 0.48% | -0.18% | 5.30% |
| 2013 | -0.47% | 0.58% | -0.01% | 1.00% | -1.57% | -2.05% | 0.58% | -0.60% | 0.95% | 1.14% | -0.14% | -0.30% | -0.95% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FTRBX is 8, indicating that it is in the bottom 8% 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.
FTRBX (Federated Hermes Total Return Bond Fund Institutional Shares)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Federated Hermes Total Return Bond Fund Institutional Shares (FTRBX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Federated Hermes Total Return Bond Fund Institutional Shares granted a 4.08% dividend yield in the last twelve months. The annual payout for that period amounted to $0.38 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.38 | $0.37 | $0.31 | $0.43 | $0.32 | $0.37 | $0.34 | $0.35 | $0.40 | $0.37 | $0.42 | $0.43 |
Dividend yield | 4.08% | 3.82% | 3.23% | 3.85% | 2.78% | 3.38% | 3.21% | 3.20% | 3.68% | 3.45% | 3.80% | 3.96% |
Monthly Dividends
The table displays the monthly dividend distributions for Federated Hermes Total Return Bond Fund Institutional Shares. 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 | $0.03 | $0.03 | $0.03 | $0.03 | $0.00 | $0.13 | |||||||
| 2023 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.37 |
| 2022 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.04 | $0.31 |
| 2021 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.14 | $0.43 |
| 2020 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.03 | $0.32 |
| 2019 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.37 |
| 2018 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.01 | $0.34 |
| 2017 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.35 |
| 2016 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.06 | $0.40 |
| 2015 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.37 |
| 2014 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.05 | $0.42 |
| 2013 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.09 | $0.43 |
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 Total Return Bond Fund Institutional Shares. 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 Total Return Bond Fund Institutional Shares was 17.25%, occurring on Oct 24, 2022. The portfolio has not yet recovered.
The current Federated Hermes Total Return Bond Fund Institutional Shares drawdown is 10.05%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -17.25% | Dec 30, 2020 | 465 | Oct 24, 2022 | — | — | — |
| -9.16% | Mar 9, 2020 | 9 | Mar 19, 2020 | 49 | May 29, 2020 | 58 |
| -8.09% | Sep 10, 2008 | 54 | Nov 24, 2008 | 96 | Apr 15, 2009 | 150 |
| -4.97% | Apr 1, 2004 | 44 | Jun 3, 2004 | 53 | Aug 19, 2004 | 97 |
| -4.88% | Jun 16, 2003 | 42 | Aug 14, 2003 | 99 | Jan 6, 2004 | 141 |
Volatility
Volatility Chart
The current Federated Hermes Total Return Bond Fund Institutional Shares volatility is 1.39%, 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.