Top holdings
As of March 31, 2026 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| Federated Hermes Government Obligations Tax-Managed Fund, Institutional Class | GOFXX | $56.84M | 3.13% |
| Banco do Brasil, London Branch 2022 Syndicated Term Loan | — | $31.96M | 1.76% |
| Phoenix Tower International Chile SPA PTI Americas Syndicated Term Loan | — | $31.27M | 1.72% |
| Matterhorn Express Pipeline, LLCMatterhorn Express Financing Term Loan | — | $30.69M | 1.69% |
| African Export-Import Bank2025 Syndicated ITFC Murabaha facility (REG-209) | — | $29.92M | 1.65% |
| Impala Terminals Switzerland SAR2024 Term Loan | — | $29.62M | 1.63% |
| Azule Energy Holding Ltd Pre Export Term Loan | — | $29.46M | 1.62% |
| P.M.I. Trading, DACFixed Single Receivable Discounting Term Loan 7 | — | $29.45M | 1.62% |
| Turkiey Ihracat Kredi Bankasi AS (TurkExim) 2024 ESG Syndicated Tranche Term Loan B | — | $29.31M | 1.61% |
| Viva AerobusFuture Flows Securitization | — | $28.98M | 1.60% |
Portfolio moves
Dec 31, 2025 → Mar 31, 2026Opened
13
Exited
11
Increased
32
Decreased
27
Unchanged
29
How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.
Similar funds
Funds whose portfolios most overlap this one, by weight| Fund | Overlap | Net exp. |
|---|---|---|
| Federated Hermes Project & Trade Finance Tender Fund | 83% | — |
| Federated Hermes Strategic Income Fund · STIAX, SINCX, STFSX, STISX, STILX | 3% | 0.63% |
| Federated Hermes Emerging Market Debt Fund · IHIAX, IHICX, EMDIX | 3% | 0.94% |
Advisers
As of March 31, 2025 · N-CEN
| Firm | Role |
|---|---|
| Federated Advisory Services Company | Adviser |
| Federated Investment Management Company | Adviser |
| Federated Hermes (UK) LLP | Sub-adviser |
Footnotes
- Net assets and holdings count as of March 31, 2026, from the fund's N-PORT filing.
Machine-readable: JSON · Markdown. Programmatic access via the agent surface.