Federated Hermes Unconstrained Credit Fund

Investment Objective

The investment objective of the Fund is to generate capital growth and a high level of income over the long term. The investment manager seeks to achieve its objective by investing in a broad range of credit securities across global markets. Guided by an understanding of economic and market conditions, the manager performs intensive fundamental analysis of companies to determine which securities in various markets offer the best return prospects. These securities are used in a range of trading strategies, including buy-and-hold and short-selling techniques.

Performance

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC YTD
2023 1.0 0.8 0.1 0.5 0.1 0.5 0.1 0.8 1.0 0.5 0.4 0.2 0.2
2022 0.0 0.1 0.3 0.4 0.2 0.8 0.6 0.4 0.3 0.3 0.9 0.5 0.0

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