# Portfolio overlap — FSTIX vs USSBX Comparing **Federated Hermes Short-Term Income Fund** (2026-04-30) and **Victory Short-Term Bond Fund** (2026-01-31). - Shared positions: 92 - Federated Hermes Short-Term Income Fund covered by Victory Short-Term Bond Fund: 0.05863948075417328906293030951 - Victory Short-Term Bond Fund covered by Federated Hermes Short-Term Income Fund: 0.05863948075417328906293030954 ## Federated Hermes Short-Term Income Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | FEDERATED CORE TR FEDERATED BANK LOAN CORE FUND | 0.037678 | | | Federated Hermes Government Obligations Tax-Managed Fund, Institutional Class | 0.035994 | | | FEDERATED CORE TR III FEDERATED PROJ+TRADE FIN CORE | 0.024385 | | | US TREASURY N/B | 0.016229 | | | US TREASURY N/B | 0.016099 | | | FEDERATED CORE TR MUTUAL FUND | 0.009469 | | | SDART 2024-4 D 5.32% 12-15-31 | 0.008187 | | | US TREASURY N/B | 0.008161 | | | US TREASURY N/B | 0.007993 | | | SDART 2024-2 D | 0.007210 | | | Freddie Mac Pool | 0.005602 | | | VZMT 2025-4 C | 0.005575 | | | SDART 2025-3 D | 0.005548 | | | NextGear Floorplan Master Owner Trust | 0.005197 | | | SDART 2025-1 D | 0.005194 | | | HYUNDAI CAPITAL AMERICA SR UNSECURED 144A 09/26 5.95 | 0.004884 | | | FORD CR FLOORPLN MAST OWN TR 2023-1 D 6.62% 05/15/2028 144A | 0.004695 | | | FORDF 2023-1 B | 0.004586 | | | Freddie Mac Pool | 0.004419 | | | GMF FLOORPLAN OWNER REVOLVING TRUST | 0.004343 | | | World Omni Automobile Lease Securitization Trust 2025-A | 0.004327 | | | CMO | 0.004320 | | | BX Commercial Mortgage Trust 2026-CSMO | 0.004320 | | | JW Commercial Mortgage Trust, Series 2024-MRCO, Class C | 0.004314 | | | BANK NOVA SCOTIA | 0.004280 | | | Santander Drive Auto Receivables Trust 2026-1 | 0.004254 | | | VZMT 2024-8 C | 0.004234 | ✓ | | SDART 2024-5 D 5.14% 02-17-32 | 0.004081 | | | FORD CR FLOORPLN MAST OWN TR 2023-1 C 5.75% 05/15/2028 144A | 0.004048 | ✓ | | PFS Financing Corporation 5.71%, Due 05/15/2028 | 0.004028 | | | Huntington Bank Auto Credit-Linked Notes Series 2026-1 | 0.004026 | | | AerCap Ireland Capital Designated Activity Company | 0.003888 | | | Freddie Mac Multifamily Structured Pass Through Certificates | 0.003839 | | | Chase Auto Owner Trust 2024-2 | 0.003835 | ✓ | | Drive Auto Receivables Trust, Series 2024-1, Class C | 0.003826 | | | Salesforce Inc | 0.003783 | | | ORL Trust, Series 2024-GLKS, Class B | 0.003781 | | | GOLDEN CREDIT CARD TRUST | 0.003751 | | | PFS Financing Corp | 0.003666 | | | NextGear Floorplan Master Owner Trust | 0.003613 | | | SDART 2025-2 D | 0.003527 | | | Nissan Auto Receivables 2025-B Owner Trust | 0.003497 | | | SDART 2025-4 D 4.95% 01-15-32 | 0.003493 | | | Enterprise Fleet Financing 2026-1 LLC | 0.003364 | | | GXO LOGISTICS | 0.003360 | | | US BANCORP | 0.003321 | ✓ | | BLACK HILLS CORP | 0.003316 | ✓ | | DAIMLER TRUCK | 0.003300 | | | BANK OF AMER CRP | 0.003297 | | | FORD CREDIT AUTO OWNER TRUST 2023-REV1 | 0.003287 | ✓ | ## Victory Short-Term Bond Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | US TREASURY N/B | 0.026050 | | | US TREASURY N/B | 0.020841 | | | US TREASURY N/B | 0.020589 | | | US TREASURY N/B | 0.020503 | | | US TREASURY N/B | 0.017221 | | | US TREASURY N/B | 0.010063 | | | US TREASURY N/B | 0.009288 | | | US TREASURY N/B | 0.007781 | | | REGAL REXNORD | 0.006205 | | | US TREASURY N/B | 0.005382 | | | DEVON ENERGY | 0.004918 | | | AXP 3.55 PERP | 0.004649 | | | OVINTIV INC | 0.004418 | | | Wells Fargo & Co., Series BB | 0.004349 | | | FULTON FINANCIAL CORP | 0.003981 | | | ALGONQUIN POWER | 0.003891 | | | Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc. | 0.003802 | | | GSMS 2017-GPTX A | 0.003739 | | | ROCKWELL COLLINS INC | 0.003663 | | | CPN 4.5 02/15/28 144A | 0.003592 | | | SCHW V4 PERP I | 0.003398 | | | DELTA/SKYMILES | 0.003377 | | | BLACKSTONE PRIVA | 0.003327 | | | Texas Capital Bancshares, Inc. | 0.003210 | | | CROWN CASTLE INTL CORP | 0.003133 | | | HIGHMARK INC SR UNSECURED 144A 05/26 1.45 | 0.003132 | | | OTEXCN 6.9 12/01/27 144A | 0.003116 | | | BOSTON PROP LP | 0.003108 | | | C V6.25 PERP T | 0.003061 | | | The PNC Financial Services Group, Inc. | 0.002997 | | | FREEPORT-MCMORAN | 0.002951 | | | Ford Credit Auto Owner Trust, Series 2023-1, Class D | 0.002776 | | | XYZ 2.75 06/01/26 | 0.002740 | | | SONOCO PRODUCTS COMPANY | 0.002693 | | | MATTEL INC REGD 144A P/P 5.87500000 | 0.002679 | | | SYNOVUS FINANCIAL CORP | 0.002591 | | | AIR LEASE CORP 0% CP | 0.002580 | | | VALLOUREC SACA SR UNSECURED 144A 04/32 7.5 | 0.002513 | | | US Bancorp Variable Rate, Due 12/29/2049 | 0.002512 | | | Horizon Mutual Holdings, Inc. | 0.002511 | | | NMEF FUNDING 2025 A LLC | 0.002449 | | | ESSENT GROUP LTD | 0.002439 | | | MGIC INVT CORP | 0.002379 | | | PRINCIPAL LIFE GLOBAL FUNDING II | 0.002358 | ✓ | | ILLINOIS CENTRAL RAILROAD CO | 0.002347 | | | VORNADO REALTY LP SR UNSECURED 06/26 2.15 | 0.002343 | | | KEMPER | 0.002293 | | | CULLEN FROST BANKERS INC | 0.002247 | | | GLS AUTO RECEIVABLES ISSUER TRUST 2025 1 | 0.002241 | | | ATHENE GLOBAL FUNDING SECURED 144A 01/27 4.95 | 0.002232 | | ## Sources - N-PORT (fund A) — accession `0000789281-26-000084` (as of 2026-04-30) - N-PORT (fund B) — accession `0001004726-26-002368` (as of 2026-01-31) --- _Informational only — not investment advice. 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