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Morningstar

Federated Hermes Total Return Bond C TLRCX

Morningstar Medalist Rating
Medalist Rating as of | See Federated Hermes Investment Hub
  • NAV / 1-Day Return 9.40  /  +0.11 %
  • Total Assets 14.2 Bil
  • Adj. Expense Ratio
    1.480%
  • Expense Ratio 1.480%
  • Distribution Fee Level Average
  • Share Class Type Level Load
  • Category Intermediate Core-Plus Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 1,500
  • Status Open
  • TTM Yield 3.15%
  • Effective Duration 5.90 years

USD | NAV as of Jul 09, 2024 | 1-Day Return as of Jul 09, 2024, 2:30 AM GMT+0

Morningstar’s Analysis TLRCX

Will TLRCX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable TLRCX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the TLRCX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of TLRCX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Well thought-out exposure to the broad U.S. fixed-income markets.

Strategist Maciej Kowara

Maciej Kowara

Strategist

Summary

We have qualitatively reviewed this strategy and reaffirmed its Process and People ratings. Both the team and the process remain intact. The following text is from July 10, 2023.

by Maciej Kowara
Rated on Published on

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Portfolio Holdings TLRCX

More TLRCX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 55.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Federated Mortgage Core Portfolio

25.91 4.1 Bil
—

Us 5yr Note (Cbt) Jun24 Xcbt 20240628

11.26 1.8 Bil
Government

2 Year Treasury Note Future June 24

6.31 992.0 Mil
Government

United States Treasury Bonds 4.125%

5.25 825.0 Mil
Government

Federated Project and Trade Fin Cor

4.44 697.8 Mil
—

Federated Emerging Markets Core

4.03 633.3 Mil
—

United States Treasury Notes 4.5%

3.06 481.6 Mil
Government

United States Treasury Notes 3.875%

3.04 477.3 Mil
Government

High Yield Bond Portfolio

2.37 373.0 Mil
—

United States Treasury Notes 4%

2.15 337.6 Mil
Government