Federated Hermes Short Duration Corporate ETF

The Federated Hermes Short-Term Corporate Bond Fund is a mutual fund that focuses on providing investors with current income by investing primarily in a diversified portfolio of short-term corporate bonds. Its primary function is to offer a conservative investment option for those seeking stability and regular income, while maintaining a relatively low level of risk compared to long-term bond investments. The fund predominantly allocates its assets to U.S. corporate debt securities issued by companies across various sectors, such as finance, consumer goods, health care, and telecommunications. By focusing on high-quality bonds with shorter durations, the fund aims to mitigate interest rate risk while still capitalizing on the creditworthiness of established corporations. Being part of the Federated Hermes investment family, the fund is backed by a team of experienced professionals dedicated to rigorous credit analysis and effective portfolio management. It serves as a strategic tool within the fixed income marketplace, appealing to investors with a low to moderate risk tolerance who seek a balance of income and capital preservation over the short term.