Federated Hermes Multi-Strategy Credit Fund Class L2 GBP Distributing Hedged

Performance History31/07/2020
Growth of 1,000 (GBP) Advanced Graph
Federated Hermes Multi-Strategy Credit Fund Class L2 GBP Distributing Hedged
Fund---4.011.7-3.0
+/-Cat---1.13.6-4.3
+/-B’mrk---4.15.2-7.5
 
Key Stats
Day Change 0.16%
Bid  (30/07/2020)  GBP 0.97
Offer  (30/07/2020)  GBP 0.97
Morningstar Category™ Global Flexible Bond - GBP Hedged
IA (formerly IMA) Sector £ Strategic Bond
ISIN IE00BDTMZ804
Fund Size (Mil)
30/07/2020
 USD 626.27
Share Class Size (Mil)
30/07/2020
 GBP 70.62
Max Initial Charge 5.25%
Ongoing Charge
26/06/2020
  0.61%
Investment Objective: Federated Hermes Multi-Strategy Credit Fund Class L2 GBP Distributing Hedged
The investment objective of the Fund is to generate a high level of income targeting a high proportion of high yield credit returns while exhibiting lower volatility relative to the global high yield market.
Returns
Trailing Returns (GBP)30/07/2020
YTD-2.96
3 Years Annualised1.56
5 Years Annualised-
10 Years Annualised-
12 Month Yield 1.68
Dividend Paying Frequency Half-yearly
Management
Manager Name
Start Date
Fraser Lundie
29/05/2015
Andrey Kuznetsov
01/03/2018
Inception Date
16/06/2017
Advertisement
Category Benchmark
Fund BenchmarkMorningstar Benchmark
FTSE World Eur Ex UK TR USDBBgBarc Global Aggregate TR Hdg GBP
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 L2 GBP Distributing Hedged30/04/2020
Fixed Income
Effective Maturity9.78
Effective Duration3.02
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock0.000.000.00
Bond90.263.0287.24
Property0.000.000.00
Cash134.49129.155.34
Other7.430.007.43

Related

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)

Audience Confirmation


By clicking 'accept' I acknowledge that this website uses cookies and other technologies to tailor my experience and understand how I and other visitors use our site. See 'Cookie Consent' for more detail.

  • Other Morningstar Websites
© Copyright 2020 Morningstar, Inc. All rights reserved.

Terms of Use        Privacy Policy        Cookies