Federated Hermes MltStgy Crdt F GBP AccH (FUND:BKRCNB0) - Fund price


Fund Report

Federated Hermes Multi-Strategy Credit Fund Class F GBP Accumulating Hedged

Key Stats
Morningstar® CategoryGlobal Flexible Bond - GBP Hedged
Manager NameFraser Lundie
Inception Date07/05/2014
NAV 05/08/2020GBP 1.20
Day Change0.12%
12 Month Yield0.00%
ISINIE00BKRCNB02
Dividend Frequency-
Net Assets (mil) 31/05/2020603.60 USD
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time15:00:00
Regular InvestmentYes
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Ongoing Cost0.76%
AMC0.65%
Fund Rebate-

Morningstar Rating™

StarRatingValueLabel_3

Morningstar® Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

FTSE World Eur Ex UK TR USD

Morningstar® Benchmark

Bloomberg Barclays Global Aggregate TR Hdg GBP

Growth Of 10,000 (GBP) 31/07/2020

How has this security performed
201520162017201820192020
Fund0.528.984.09-4.1411.58-2.93
Category0.345.774.55-2.858.121.36
Benchmark1.393.661.930.106.464.55
  • Fund: Federated Hermes Multi-Strategy Credit Fund Class F GBP Accumulating Hedged
  • Category: Global Flexible Bond - GBP Hedged
  • Benchmark: Bloomberg Barclays Global Aggregate TR Hdg GBP
Trailing Returns % (GBP) 05/08/2020
FundCatBmark
YTD-2.732.384.57
3 Years Annualised1.472.673.84
5 Years Annualised2.893.233.48
10 Years Annualised---

Morningstar SRRI

Lower Risk
Higher Risk
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Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

The investment objective of the Fund is to generate a high level of income targeting a high proportion of high yield credit returns while exhibiting lower volatility relative to the global high yield market.

Portfolio Profile31/05/2020

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds91.753.9087.85
Cash136.24131.914.33
Other7.830.007.83
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond81.83
Convertible7.47
Bank Loan6.86
Cash & Equivalents2.81
Future/Forward1.60
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
DecreaseDell International L.L.C. and EMC Corporation 6.02% 2026-06-15United States3.82
New since last portfolioAbbVie Inc. 4.55% 2035-03-15United States3.77
DecreaseBHP Billiton Finance Ltd. 6.5% 2077-10-22Australia3.30
DecreaseEnbridge Incorporation 5.5% 2077-07-15Canada2.83
Reynolds Group Term Lo 2023-02-05United States2.81
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