Key stats
About Federated Hermes ETF Trust Federated Hermes Total Return Bond ETF
Home page
Inception date
Jan 2, 2024
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.
FTRB is a core bond ETF that targets individual fixed-income securities believed to outperform their respective sectors. The portfolio generally consists of USD-denominated, investment-grade government and corporate bonds, mortgage- and asset-backed securities, and foreign debts deemed attractive. While it limits foreign exposure to 20%, it may invest up to 10% in unhedged non-USD-denominated securities and foreign currencies. It may also invest up to 25% in junk bonds. To select, the fund employs the Alpha Pod Process, a five-part decision-making process that focuses on duration, yield curve, sector allocation, security selection, and currency management. Additionally, the adviser monitors currency markets and global macroeconomic trends, reacting to market conditions without adhering to a standard policy weighting for the decision-making factors. Investments may include derivatives, inflation-indexed bonds, affiliate funds, and bank loans. The fund has no duration or maturity limits.
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
Government
Mutual fund
Corporate
ETF
Bonds, Cash & Other100.00%
Government28.55%
Mutual fund25.19%
Corporate24.51%
ETF11.11%
Securitized7.76%
Municipal2.79%
Structured0.07%
Cash0.02%
Stock breakdown by region
North America98.20%
Europe1.42%
Oceania0.22%
Asia0.09%
Latin America0.06%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FTRB invests in bonds. The fund's major sectors are Government, with 28.55% stocks, and Corporate, with 24.51% of the basket. The assets are mostly located in the North America region.
FTRB last dividends amounted to 0.12 USD. The month before, the issuer paid 0.08 USD in dividends, which shows a 29.42% increase.
FTRB assets under management is 319.50 M USD. It's fallen 1.33% over the last month.
FTRB fund flows account for 220.98 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, FTRB pays dividends to its holders with the dividend yield of 3.79%. The last dividend (Jul 1, 2025) amounted to 0.12 USD. The dividends are paid monthly.
FTRB shares are issued by Federated Hermes, Inc. under the brand Federated Hermes. The ETF was launched on Jan 2, 2024, and its management style is Active.
FTRB expense ratio is 0.39% meaning you'd have to pay 0.39% of your investment to help manage the fund.
FTRB follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FTRB invests in bonds.
FTRB price has risen by 0.56% over the last month, and its yearly performance shows a −0.25% decrease. See more dynamics on FTRB price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.16% over the last month, showed a 1.59% increase in three-month performance and has increased by 1.34% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.16% over the last month, showed a 1.59% increase in three-month performance and has increased by 1.34% in a year.
FTRB trades at a premium (0.23%) meaning the ETF is trading at a higher price than the calculated NAV.