# Portfolio overlap — FIBPX vs FSTBX Comparing **Federated Hermes International Bond Strategy Portfolio** (2026-02-28) and **Federated Hermes Global Allocation Fund** (2026-02-28). - Shared positions: 33 - Federated Hermes International Bond Strategy Portfolio covered by Federated Hermes Global Allocation Fund: 0.1381362191989548691006602925 - Federated Hermes Global Allocation Fund covered by Federated Hermes International Bond Strategy Portfolio: 0.1381362191989548691006602924 ## Federated Hermes International Bond Strategy Portfolio — top positions | Security | Weight | Shared | |----------|--------|--------| | FEDERATED CORE TR MUTUAL FUND | 0.489982 | ✓ | | ZSCALER INC | 0.089126 | | | ITALY REPUBLIC OF 1.65% 03/01/2032 144A REGS | 0.023909 | ✓ | | JAPAN GOVT 20-YR | 0.016307 | ✓ | | French Republic Government Bonds OAT | 0.016128 | ✓ | | Italy Buoni Poliennali Del Tesoro | 0.015276 | ✓ | | UNITED KINGDOM GILT GBP REG S 1.625% 10-22-28 | 0.014885 | ✓ | | GERMANY FEDERAL REPUBLIC OF 4.75% 07/04/2034 REGS | 0.014297 | ✓ | | French Republic Government Bonds OAT | 0.013324 | ✓ | | UNITED KINGDOM GILT GBP REG S 4.25% 12-07-27 | 0.012505 | | | UNITED KINGDOM GILT GBP REG S 4.25% 06-07-32 | 0.012257 | ✓ | | SPANISH GOV'T | 0.010941 | ✓ | | UNITED KINGDOM GILT GBP REG S 0.375% 10-22-30 | 0.010940 | | | JAPAN GOVT 20-YR | 0.010760 | ✓ | | JAPAN GOVT 30-YR | 0.010357 | ✓ | | Kingdom of Belgium Government Bonds | 0.010343 | ✓ | | United Kingdom of Great Britain and Northern Ireland | 0.010058 | ✓ | | Italy Buoni Poliennali Del Tesoro | 0.009316 | | | CANADIAN GOVERNMENT BOND | 0.009246 | ✓ | | UNITED KINGDOM GILT GBP REG S 3.25% 01-22-44 | 0.009091 | ✓ | | SPANISH GOV'T | 0.009041 | | | SPANISH GOV'T | 0.009030 | ✓ | | French Republic Government Bonds OAT | 0.008891 | | | United Mexican States | 0.008704 | | | GERMANY FEDERAL REPUBLIC OF 0.5% 02/15/2028 REGS | 0.008334 | | | ITALY REPUBLIC OF 3.25% 09/01/2046 144A REGS | 0.008311 | ✓ | | Republic of Austria Government Bonds | 0.008301 | | | SPANISH GOV'T | 0.007899 | | | GERMANY FEDERAL REPUBLIC OF 2.4% 11/15/2030 REGS | 0.007203 | | | GERMANY FEDERAL REPUBLIC OF 2.1% 11/15/2029 REGS | 0.007136 | ✓ | | JAPAN GOVT 40-YR | 0.007048 | ✓ | | JAPAN GOVT 30-YR | 0.007022 | ✓ | | French Republic Government Bonds OAT | 0.006599 | | | French Republic Government Bonds OAT | 0.006044 | ✓ | | French Republic Government Bonds OAT | 0.005826 | ✓ | | United Kingdom Gilt | 0.005577 | ✓ | | NETHERLANDS GOVERNMENT OF 2.5% 01/15/2033 144A REGS | 0.005363 | ✓ | | NEW ZEALAND GVT | 0.005215 | | | DEUTSCHLAND REP | 0.005122 | | | GERMANY FEDERAL REPUBLIC OF 2.5% 07/04/2044 REGS | 0.004877 | | | NEW ZEALAND GVT | 0.004826 | | | CANADIAN GOVERNMENT /CAD/ REGD 4.00000000 | 0.004752 | ✓ | | SPANISH GOV'T | 0.004700 | ✓ | | AUSTRALIAN GOVT. | 0.004560 | ✓ | | ROMANIAN GOVERNMENT INTERNATIONAL BOND EUR REG S 2.0% 01-28-32 | 0.004486 | | | AUSTRALIAN GOVT. | 0.004328 | | | CANADIAN GOVERNMENT | 0.004280 | ✓ | | Egypt Treasury Bills | 0.004101 | | | French Republic Government Bonds OAT | 0.002672 | | | French Republic Government Bonds OAT | 0.002384 | | ## Federated Hermes Global Allocation Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | FEDERATED CORE TR MUTUAL FUND | 0.084700 | ✓ | | FEDERATED CORE TR MTG CORE PORTFOLIO | 0.040725 | | | Federated Hermes Government Obligations Tax-Managed Fund, Institutional Class | 0.026420 | | | NVIDIA CORP | 0.020695 | | | APPLE INC | 0.018637 | | | FEDERATED CORE TR III FEDERATED PROJ+TRADE FIN CORE | 0.015295 | | | MICROSOFT CORP | 0.014623 | | | AMAZON.COM INC | 0.011213 | | | TSMC | 0.010227 | | | ALPHABET INC CL A | 0.010028 | | | ALPHABET INC CL C | 0.008153 | | | BROADCOM INC | 0.007185 | | | META PLATFORMS INC CL A | 0.006976 | | | TESLA INC | 0.006627 | | | LILLY ELI and CO | 0.006039 | | | BERKSHIRE HATH-B | 0.005919 | | | FED HIGH YLD BOND PORT | 0.005831 | | | SAMSUNG ELECTRONICS CO LTD | 0.005453 | | | JOHNSON&JOHNSON | 0.005180 | | | US TREASURY N/B | 0.005178 | | | BANCO SANTANDER SA | 0.004553 | | | PETROBRAS-PREF | 0.004136 | | | NU HOLDINGS LTD/CAYMAN ISLANDS | 0.003960 | | | BANK OF AMERICA CORPORATION | 0.003922 | | | ASML Holding NV | 0.003888 | | | VALE SA | 0.003849 | | | MICRON TECHNOLOGY INC | 0.003780 | | | NEWMONT CORP | 0.003733 | | | MASTERCARD INC CL A | 0.003709 | | | BBVA | 0.003572 | | | RTX CORP | 0.003572 | | | RIO TINTO PLC | 0.003488 | | | GERMANY FEDERAL REPUBLIC OF 0.25% 02/15/2027 REGS | 0.003372 | | | LAM RESEARCH CORP | 0.003317 | | | SK HYNIX INC | 0.003282 | | | ITAU UNIBAN-PREF | 0.003236 | | | NETFLIX INC | 0.003210 | | | GOLDMAN SACHS GROUP INC | 0.003194 | | | GE VERNOVA LLC | 0.003171 | | | TENCENT HOLDINGS LTD | 0.003020 | | | ITALY REPUBLIC OF 5% 08/01/2039 144A REGS | 0.003018 | | | MEXICAN BONOS MXN 5.75% 03-05-26 | 0.003005 | ✓ | | ITALY REPUBLIC OF 1.65% 03/01/2032 144A REGS | 0.002918 | ✓ | | TELEF BRASIL | 0.002858 | | | UNION PACIFIC CORP | 0.002840 | | | JPMORGAN CHASE and CO | 0.002834 | | | UNITED KINGDOM GILT GBP REG S 1.625% 10-22-28 | 0.002799 | ✓ | | CISCO SYSTEMS INC | 0.002757 | | | PALANTIR TECHNOLOGIES INC | 0.002753 | | | EXXON MOBIL CORP | 0.002736 | | ## Sources - N-PORT (fund A) — accession `0001340579-26-000021` (as of 2026-02-28) - N-PORT (fund B) — accession `0000013386-26-000007` (as of 2026-02-28) --- _Informational only — not investment advice. 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