Federated Hermes Short Duration High Yield ETF

Federated Hermes Short Duration High Yield ETF is an actively managed fixed income exchange-traded fund focused on short-duration, U.S. dollar-denominated high-yield debt. The fund primarily seeks current income by investing in a diversified portfolio of below-investment-grade corporate bonds and related credit instruments, with portfolio duration generally kept under three years. Its strategy may also include floating-rate term loans, bank loans, syndicated loans, CLOs, and certain derivative instruments when used in support of the fund’s income and risk-management objectives. Federated Hermes Short Duration High Yield ETF is designed to give investors broad exposure to the U.S. high-yield credit market while emphasizing shorter interest-rate sensitivity. It is managed by Federated Hermes and is used by market participants looking for an income-oriented credit allocation within the fixed income segment.