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Federated Hermes Short Duration High Yield ETF (FHYS)

22.58 -0.00 (-0.02%)
At close: October 30 at 3:54:48 PM EDT
Trade FHYS on Coinbase

ETF Summary

The fund invests primarily in a diversified portfolio of U.S. dollar-denominated high-yield fixed income instruments. The adviser selects instruments, including securities, that the adviser believes have attractive risk-return characteristics. The fund will invest its assets so that at least 80% of its net assets (plus any borrowings for investment purposes) are invested in investments rated below investment-grade.

ETF Overview

Category High Yield Bond
Fund Family Federated
Net Assets 59.95M
YTD Daily Total Return 1.92%
Yield 6.14%
Legal Type Exchange Traded Fund

ETF Operations

Attributes FHYS Category Average
Annual Report Expense Ratio (net)
0.50% 0.85%
Holdings Turnover
46.00% 74.32%
Total Net Assets
0.00 0.00

Morningstar Style Box

Yahoo partners with Morningstar a leading market research and investment data group to help investors rate and compare funds on Yahoo Finance. The Morningstar Category is shown next to the Morningstar Style Box which identifies a fund's investment focus, based on the underlying securities in the fund. Yahoo partners with Morningstar a leading market research and investment data group to help investors rate and compare funds on Yahoo Finance. The Morningstar Category is shown next to the Morningstar Style Box which identifies a fund's investment focus, based on the underlying securities in the fund.

Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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