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Federated Hermes Short Duration Corporate Etf

Federated Hermes Short Duration Corporate Etf stock price and volume chart
IndustryExchange Traded Fund
SectorFinancial Services Etf
ExchangeNYSE
Market Capitalization65.13 mln

Business Description

This fund focuses on lending money to established companies by purchasing their bonds and similar debt instruments. At least 80% of the fund's assets are directed toward these corporate loans, which generate regular income through fixed interest payments. The companies that issue these securities are generally considered financially stable, making this a relatively conservative investment option.

Price Performance & Relative Strength

Period Price Performance Relative Strength
1 Week 0.33% 27 / 100   
1 Month 0.17% 35 / 100   
2 Months -0.41% 28 / 100   
6 Months 0.96% 30 / 100   
1 Year 4% 26 / 100   



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