STFSX

About STFSX

Federated Hermes Strategic Income Fund Class F is a multisector bond mutual fund designed to provide investors with a high level of current income. The fund operates by strategically allocating assets across three major categories of fixed-income securities: domestic investment-grade, domestic noninvestment-grade (high yield), and foreign debt instruments. This broad investment approach enables the fund to seek diversified sources of income while managing risk through active allocation and security selection. A significant portion of the fund’s assets typically resides in high yield bonds, emerging market debt, and various U.S. Treasury and agency securities, reflecting its objective to capture income opportunities across both developed and developing markets. Managed by an experienced team, Federated Hermes Strategic Income Fund Class F carefully balances duration, credit quality, and sector exposure to optimize income while addressing the changing interest rate environment and global credit cycles. With hundreds of underlying holdings, it showcases a diversified portfolio structure. The fund plays an important role for investors seeking diversified fixed income exposure and stands out for its flexible allocation mandate and focus on maximizing monthly income distributions in the context of changing market conditions.