Key stats
About Federated Hermes Short Duration High Yield ETF
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Inception date
Dec 16, 2021
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Federated Investment Management Co.
Distributor
Federated Securities Corp.
ISIN
US31423L2060
The fund actively and primarily invests in a portfolio of high-yield, US dollar-denominated corporate bonds and floating rate term loans, issued by US or foreign companies. The adviser selects debt securities it believes possesses attractive risk return characteristics by conducting an analysis of the issuers financial condition, business and product strength, competitive position and management expertise. Although the fund does not follow a specific maturity range, it has an expected dollar-weighted average duration of less than three years, of which is at the discretion of the manager. In seeking high current income, the fund may also hold bank loans, covenant-lite loans, syndicated loans, CLOs, and derivatives such as futures contracts, option contracts and swap contracts. The fund is designed for investors who are seeking to invest in a diversified portfolio delivering efficient exposure to the potential of high-yield corporate debt securities in USD.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Corporate
Bonds, Cash & Other100.00%
Corporate83.74%
Loans8.82%
Miscellaneous4.50%
Mutual fund2.88%
Securitized0.05%
Stock breakdown by region
North America93.44%
Europe6.12%
Asia0.44%
Latin America0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FHYS invests in bonds. The fund's major sectors are Corporate, with 83.74% stocks, and Securitized, with 0.05% of the basket. The assets are mostly located in the North America region.
FHYS last dividends amounted to 0.11 USD. The month before, the issuer paid 0.11 USD in dividends, which shows a 6.03% increase.
FHYS assets under management is 35.88 M USD. It's risen 4.04% over the last month.
FHYS fund flows account for 9.96 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, FHYS pays dividends to its holders with the dividend yield of 6.08%. The last dividend (Oct 1, 2025) amounted to 0.11 USD. The dividends are paid monthly.
FHYS shares are issued by Federated Hermes, Inc. under the brand Federated Hermes. The ETF was launched on Dec 16, 2021, and its management style is Active.
FHYS expense ratio is 0.50% meaning you'd have to pay 0.50% of your investment to help manage the fund.
FHYS follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FHYS invests in bonds.
FHYS price has risen by 0.41% over the last month, and its yearly performance shows a 0.47% increase. See more dynamics on FHYS price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.56% over the last month, showed a 1.74% increase in three-month performance and has increased by 6.77% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.56% over the last month, showed a 1.74% increase in three-month performance and has increased by 6.77% in a year.
FHYS trades at a premium (0.32%) meaning the ETF is trading at a higher price than the calculated NAV.