Federated Hermes Ultrashort Bond ETF

Federated Hermes Ultrashort Bond ETF is an actively managed exchange-traded fund focused on short-duration fixed income securities. The fund’s primary objective is to provide total return consistent with current income by investing mainly in a diversified portfolio of investment-grade debt instruments, including corporate bonds, government securities, asset-backed, and mortgage-backed securities. It is structured to maintain an effective duration of one year or less, aiming to limit sensitivity to interest rate movements while still offering exposure to bond markets. Federated Hermes Ultrashort Bond ETF is managed by a dedicated low-duration multisector team that dynamically adjusts sector allocation, security selection, and interest rate positioning based on prevailing market conditions. Within the broader fixed income landscape, the ETF serves as a capital markets tool for short-term cash management and liquidity needs, positioned between money market strategies and core bond funds in terms of interest rate risk and income potential. Federated Hermes, headquartered in Pittsburgh, Pennsylvania, oversees the strategy as part of its larger short-duration fixed income platform.