UK markets closed

Federated Short-Term Income Instl (FSTIX)

Nasdaq - Nasdaq Delayed price. Currency in USD
Add to watchlist
8.380.00 (0.00%)
At close: 08:06AM EDT

Federated Short-Term Income Instl

Pittsburgh, PA 15222-3779

5800 Corporate Drive

Federated Hermes Income Securities Trust

Management information
,Lead manager since 29 June 2022
Daniel Mastalski, CFA, Vice President, Senior Investment Analyst, Portfolio Manager. Responsible for research and analytical support in the domestic fixed income area concentrating on asset-backed and non-agency mortgage-backed securities, as well as other structured products. Previous associations: Senior Financial Analyst – Structured Finance, Standard & Poor’s – IMAKE Consulting. B.S., Carnegie Mellon University; M.B.A., Tepper School of Business, Carnegie Mellon University. Professional affiliation: Member, CFA Society of Pittsburgh. Joined Federated Hermes 2008
Morningstar style box
Yahoo partners with Morningstar, a leading market research and investment data group to help investors rate and compare funds on Yahoo Finance. The Morningstar Category is shown next to the Morningstar Style Box, which identifies a fund's investment focus, based on the underlying securities in the fund.
https://s.yimg.com/lq/i/fi/3_0stylelargeeq8.gif
Morningstar category
While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. Where necessary, we may change a category assignment based on recent changes to the portfolio.

Fund overview

CategoryShort-Term Bond
Fund familyFederated
Net assets1.22B
YTD return0.66%
Yield3.12%
Morningstar rating★★★
Inception date25 Aug 2004

Fund operations

Last dividend0.11
Last cap gain-6.00
Holdings turnover27.00%
Average for categoryN/A

Fees and expenses

ExpenseFSTIXCategory average
Annual report expense ratio (net)0.38%0.68%
Prospectus net expense ratio0.38%N/A
Prospectus gross expense ratio0.47%N/A
Max 12b1 feeN/AN/A
Max front end sales loadN/A2.59%
Max deferred sales loadN/A1.12%
3-yr expense projection0N/A
5-yr expense projection0N/A
10-yr expense projection0N/A