FHCOX Performance — Federated Hermes Conservative Microshort Fund, Institutional Shares
Data updated: 2026-07-27
FHCOX returned +1.52% year to date and +4.45% over one year to May 2026. Annualised returns are +5.28% over 3 years and +3.81% over 5 years. The fund trailed its Ultrashort Securitized Bond category average: $100 invested three years ago grew to $117, against $122 for the category, and to $104 over one year, against $107. Volatility over the past three years was 0.35% a year. In the 12 months to May 2026 the fund took in a net $75.8M, and assets reached $305.89M.
FHCOX Growth of $100
What $100 invested in Federated Hermes Conservative Microshort Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Ultrashort Securitized Bond category average over the same months.
| Period | FHCOX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $104 | $107 |
| 3 years (Jun 2023 – May 2026) | $117 | $122 |
| 5 years (Jun 2021 – May 2026) | $121 | $121 |
| Since data start (Dec 2020 – May 2026) | $121 | $122 |
FHCOX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.52% |
| 1 year | +4.45% |
| 3 years (annualised) | +5.28% |
| 5 years (annualised) | +3.81% |
FHCOX Annual Returns
Calendar-year total returns of Federated Hermes Conservative Microshort Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +1.52% |
| 2025 | +4.90% |
| 2024 | +5.82% |
| 2023 | +5.69% |
| 2022 | +1.18% |
| 2021 | +0.13% |
| 2020 (Dec–Dec) | 0.00% |
FHCOX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.4% | +0.3% | +0.1% | +0.3% | +0.3% | — | — | — | — | — | — | — |
| 2025 | +0.5% | +0.4% | +0.4% | +0.2% | +0.5% | +0.4% | +0.4% | +0.5% | +0.5% | +0.4% | +0.4% | +0.4% |
| 2024 | +0.5% | +0.4% | +0.6% | +0.5% | +0.5% | +0.5% | +0.6% | +0.6% | +0.5% | +0.3% | +0.4% | +0.4% |
| 2023 | +0.5% | +0.3% | +0.4% | +0.5% | +0.4% | +0.4% | +0.5% | +0.6% | +0.5% | +0.5% | +0.5% | +0.6% |
| 2022 | −0.1% | −0.1% | −0.1% | −0.2% | +0.2% | 0.0% | +0.2% | +0.1% | +0.2% | +0.1% | +0.4% | +0.3% |
| 2021 | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | +0.1% | +0.1% | −0.1% | 0.0% | −0.1% | −0.1% |
| 2020 | — | — | — | — | — | — | — | — | — | — | — | 0.0% |
FHCOX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 0.35%
- Best month: +0.58% (Dec 2023)
- Worst month: +0.15% (Mar 2026)
FHCOX Fund Flows
Monthly money in and out of Federated Hermes Conservative Microshort Fund, from SEC Form N-PORT.
- 12-month net flow: $75.8M
- 12-month gross sales (incl. reinvestments): $302.0M
- Sales ÷ redemptions: 1.33×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $28.5M | $9.5M | $19.1M |
| Apr 2026 | $32.4M | $19.7M | $12.7M |
| Mar 2026 | $22.0M | $16.7M | $5.3M |
| Feb 2026 | $32.0M | $38.3M | −$6.3M |
| Jan 2026 | $27.4M | $23.9M | $3.5M |
| Dec 2025 | $14.7M | $14.5M | $184K |
| Nov 2025 | $27.5M | $30.7M | −$3.2M |
| Oct 2025 | $22.7M | $17.0M | $5.8M |
| Sep 2025 | $24.3M | $17.2M | $7.0M |
| Aug 2025 | $23.2M | $11.7M | $11.6M |
| Jul 2025 | $24.3M | $14.2M | $10.1M |
| Jun 2025 | $22.9M | $12.7M | $10.1M |
FHCOX Assets Under Management
Net assets of Federated Hermes Conservative Microshort Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $305.89M |
| 2026-02-28 | $269.41M |
| 2025-11-30 | $272.02M |
| 2025-08-31 | $262.36M |
| 2025-05-31 | $230.16M |
| 2025-02-28 | $182.35M |
| 2024-11-30 | $165.26M |
| 2024-08-31 | $149.47M |
| 2024-05-31 | $132.30M |
| 2024-02-29 | $78.66M |
| 2023-11-30 | $87.46M |
| 2023-08-31 | $90.36M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.