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FHYS Stock Price, Chart, Stats & News

Federated Hermes Short Duration High Yield ETF
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Federated Hermes Short Duration High Yield ETF (FHYS) does not currently pay a dividend.

High Yield Bond
Category
0.60%
Expense ratio
51.28M
Assets
6.10%
1Y return

FHYS chart

1M
3M
1Y
5Y
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FHYS returns

YTD
1.60%
1Y
6.10%
3Y
7.76%
5Y
0.00%
10Y
0.00%
1Y volatility1.92%
3Y volatility2.23%
Sharpe ratio1.41

About

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.

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