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What Federated Hermes (FHI)'s New Ultrashort Bond ETF Launch Means For Shareholders

Federated Hermes, Inc. has launched the Federated Hermes Ultrashort Bond ETF (CBOE: FUSD), an actively managed fund focused on investment-grade debt with an effective duration of one year or less to seek total return and current income while limiting interest rate risk. This ultrashort bond ETF expands Federated Hermes’ active ETF suite and taps into investor demand for higher yields with constrained interest rate exposure, supported by the firm’s existing short-duration fixed-income...

Jul 3Yahoo Finance

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