SA Federated Hermes Corporate Bond Portfolio
Data updated: 2026-09-28
C000021984 — SA Federated Hermes Corporate Bond Portfolio. Intermediate Corporate Bond · $1.51B AUM. Holdings, fees, performance and SEC filings.
C000021984 Fund Overview
SA Federated Hermes Corporate Bond Portfolio is a US mutual fund managed by Sunamerica Series Trust, categorised as Intermediate Corporate Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Sunamerica Series Trust
- Category: Intermediate Corporate Bond
- Assets under management: $1.51B
- 1-year return: 2.3%
- SEC CIK: 0000892538
- SEC series ID: S000008086
- Share class ID: C000021984
C000021984 Investment Objective and Strategy
SA Federated Hermes Corporate Bond Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Sunamerica Series Trust.
Investment objective
The Portfolios investment goal is high total return with only moderate price risk.
Principal investment strategy
The Portfolio attempts to achieve its goal by investing, under normal market conditions, at least 80% of its net assets in corporate bonds. For purposes of this policy, corporate bonds include any corporate fixed income security. The subadviser seeks to enhance the Portfolios performance by allocating relatively more of its portfolio to the security type that the subadviser expects to offer the best balance between current income and risk. The subadviser may lengthen or shorten duration from time to time based on its interest rate outlook, but the Portfolio has no set duration parameters. Duration measures the price sensitivity of a fixed income security to changes in interest rates. The Portfolio invests primarily in investment grade fixed income securities, but may invest up to 35% of its net assets in securities rated below investment grade, or junk bonds, including loan participations and assignments, which are rated below investment grade or are deemed by the subadviser to be below investment grade.
Junk bonds are considered speculative. The Portfolio may also invest in foreign securities (up to 20% of net assets); and when-issued and delayed delivery transactions. The Portfolio may invest in illiquid investments (up to 15% of assets). The Portfolio may use derivative contracts to implement elements of its investment strategy in an attempt to: manage duration of the Portfolio, gain exposure to certain indices, currencies and interest rates based on anticipated changes in the volatility of Portfolio assets, obtain premiums or realize gains from the trading of a derivative instrument, or hedge against potential losses in the Portfolio. Such derivatives may include: credit default swaps and CDX-swaps (up to 5% of total assets); and up to 10% of total assets for all other derivatives, including options, futures, interest rate futures, currency swaps, total return swaps, interest rate swaps, caps, floors and collars.
C000021984 Holdings
Top 10 holdings of SA Federated Hermes Corporate Bond Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| National Rural Util Coop | 0.69% |
| Coca-Cola Co/the | 0.67% |
| Duke Energy Corp. | 0.65% |
| Goldman Sachs Group, Inc. | 0.64% |
| Bank Of Ny Mellon Corp. | 0.62% |
| Bank Of America Corp. | 0.60% |
| JPMorgan Chase & Co. | 0.56% |
| Morgan Stanley | 0.54% |
| Salesforce, Inc. | 0.54% |
| General Motors Co. | 0.54% |
C000021984 Portfolio Allocation
Asset-class allocation of SA Federated Hermes Corporate Bond Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 98.8% |
| Equity | 0.1% |
C000021984 Performance
Total returns for C000021984 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | -0.6% |
| 1 year | 2.3% |
| 3 years (annualised) | 4.3% |
| 5 years (annualised) | 0.1% |
C000021984 Risk Information
Risk metrics for C000021984, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 3.1%
C000021984 Costs and Fees
C000021984 costs about $55 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.55%
- Gross expense ratio: 0.55%
- Portfolio turnover: 31%
- Brokerage commissions: 0.02 bps of average net assets (SEC N-CEN)
C000021984 Cashflows
Over the 12 months to 2026-07, SA Federated Hermes Corporate Bond Portfolio had net outflows of $3.39M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-07 | $73.84M |
| 2026-06 | −$8.61M |
| 2026-05 | −$14.03M |
| 2026-04 | −$40.79M |
| 2026-03 | −$9.38M |
| 2026-02 | $12.11M |
C000021984 Debt Constituents
Largest debt holdings of SA Federated Hermes Corporate Bond Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| National Rural Util Coop | 0.69% |
| Coca-Cola Co/the | 0.67% |
| Duke Energy Corp. | 0.65% |
| Goldman Sachs Group, Inc. | 0.64% |
| Bank Of Ny Mellon Corp. | 0.62% |
| Bank Of America Corp. | 0.60% |
| JPMorgan Chase & Co. | 0.56% |
| Morgan Stanley | 0.54% |
| Salesforce, Inc. | 0.54% |
| General Motors Co. | 0.54% |
C000021984 Prospectus and SEC Filings
Official SA Federated Hermes Corporate Bond Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-27
- Prospectus (485BPOS) — filed 2025-04-28
- Prospectus (485BPOS) — filed 2024-04-26
- Portfolio holdings (N-PORT) — filed 2026-09-28
- Portfolio holdings (N-PORT) — filed 2026-06-29
- Portfolio holdings (N-PORT) — filed 2026-03-27
- Annual census (N-CEN) — filed 2026-04-16
- Annual census (N-CEN) — filed 2025-04-11
Related Funds
Other Intermediate Corporate Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.