Federated Hermes Multi-Strategy Credit Fund Class L GBP Accumulating

Performance History31/05/2020
Growth of 1,000 (GBP) Advanced Graph
Federated Hermes Multi-Strategy Credit Fund Class L GBP Accumulating
Fund--3.89.41.7
+/-Cat--3.76.3-
+/-B’mrk---1.26.7-
 
Key Stats
NAV
12/06/2020
 GBP 1.12
Day Change 0.52%
Morningstar Category™ Global Flexible Bond
IA (formerly IMA) Sector £ Strategic Bond
ISIN IE00BDTMZ572
Fund Size (Mil)
27/10/2020
 USD 605.05
Share Class Size (Mil)
12/06/2020
 GBP 0.00
Max Initial Charge 5.25%
Ongoing Charge
20/08/2020
  0.59%
Investment Objective: Federated Hermes Multi-Strategy Credit Fund Class L GBP Accumulating
The investment objective of the Fund is to generate a high level of income targeting a high proportion of high yield returns while exhibiting lower volatility relative to the global high yield market. The Fund will seek to achieve its objective over a rolling period of any five years, by investing at least 80% in a diversified portfolio of debt securities (as referenced in the Categories of Investments section below). The Fund may take long positions and/or generate Synthetic Short Exposure through the use of FDIs. The securities in which the Fund may invest will be selected on a global basis.
Returns
Trailing Returns (GBP)12/06/2020
YTD1.71
3 Years Annualised-
5 Years Annualised-
10 Years Annualised-
12 Month Yield 0.00
Management
Manager Name
Start Date
Fraser Lundie
29/05/2015
Andrey Kuznetsov
01/03/2018
Inception Date
16/06/2017
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Category Benchmark
Fund BenchmarkMorningstar Benchmark
FTSE World Eur Ex UK TR USDBBgBarc Global Aggregate TR USD
Target Market
Role In Portfolio
Standalone / CoreNot Specific
ComponentNot Specific
OtherNot Specific
Primary Objective
PreservationNo
GrowthNo
IncomeYes
HedgingNo
OtherNot Specific
Portfolio Profile for  Federated Hermes Multi-Strategy Credit Fund Class L GBP Accumulating31/07/2020
Fixed Income
Effective Maturity9.78
Effective Duration3.02
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock0.000.000.00
Bond89.183.9885.20
Property0.000.000.00
Cash124.58116.727.86
Other6.940.006.94

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In order to provide consistency across the report data provided by different Asset Managers, the calculated data points presented are generated using Morningstar’s proprietary calculation methodology which is set out in more detail at(https://www.morningstar.com/research/signature)

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