FSTYX Performance — Federated Hermes Short-Term Income Fund, Institutional Shares
Data updated: 2026-09-23
FSTYX returned +1.45% year to date and +3.99% over one year to Jul 2026. Annualised returns are +5.51% over 3 years and +2.91% over 5 years. The fund trailed its Short-Term Securitized Bond category average: $100 invested three years ago grew to $117, against $119 for the category, and to $104 over one year, against $105. Volatility over the past three years was 1.57% a year. In the 12 months to Jul 2026 the fund took in a net $402.9M, and assets reached $1.85B.
FSTYX Growth of $100
What $100 invested in Federated Hermes Short-Term Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Short-Term Securitized Bond category average over the same months.
| Period | FSTYX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $104 | $105 |
| 3 years (Aug 2023 – Jul 2026) | $117 | $119 |
| 5 years (Aug 2021 – Jul 2026) | $115 | $117 |
| Since data start (Aug 2019 – Jul 2026) | $122 | $126 |
FSTYX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.45% |
| 1 year | +3.99% |
| 3 years (annualised) | +5.51% |
| 5 years (annualised) | +2.91% |
FSTYX Annual Returns
Calendar-year total returns of Federated Hermes Short-Term Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +1.45% |
| 2025 | +6.20% |
| 2024 | +5.47% |
| 2023 | +5.37% |
| 2022 | −2.99% |
| 2021 | −0.09% |
| 2020 | +3.73% |
| 2019 (Aug–Dec) | +1.29% |
FSTYX 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 | +0.3% | +0.6% | −0.4% | +0.4% | +0.3% | +0.1% | +0.2% | — | — | — | — | — |
| 2025 | +0.6% | +0.9% | +0.3% | +0.5% | +0.2% | +0.8% | +0.3% | +0.9% | +0.4% | +0.3% | +0.5% | +0.4% |
| 2024 | +0.4% | −0.1% | +0.6% | −0.2% | +1.0% | +0.6% | +1.2% | +0.9% | +0.9% | −0.5% | +0.6% | +0.1% |
| 2023 | +0.9% | −0.5% | +0.8% | +0.6% | −0.1% | −0.3% | +0.6% | +0.5% | −0.1% | +0.2% | +1.4% | +1.4% |
| 2022 | −0.4% | −0.5% | −1.1% | −0.5% | +0.1% | −0.5% | +0.5% | −0.5% | −0.9% | −0.3% | +0.8% | +0.3% |
| 2021 | +0.1% | 0.0% | −0.1% | +0.2% | +0.1% | 0.0% | +0.2% | 0.0% | 0.0% | −0.2% | −0.1% | −0.2% |
| 2020 | +0.8% | +0.5% | −2.7% | +1.6% | +0.9% | +0.6% | +0.7% | +0.3% | +0.2% | 0.0% | +0.5% | +0.3% |
| 2019 | — | — | — | — | — | — | — | +0.9% | 0.0% | +0.3% | 0.0% | +0.1% |
FSTYX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 1.57%
- 3-year Sharpe ratio: 0.64 (vs 4.5% risk-free rate)
- Best month: +1.39% (Nov 2023)
- Worst month: −0.54% (Oct 2024)
FSTYX Fund Flows
Monthly money in and out of Federated Hermes Short-Term Income Fund, from SEC Form N-PORT.
- 12-month net flow: $402.9M
- 12-month gross sales (incl. reinvestments): $1.0B
- Sales ÷ redemptions: 1.65×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $67.4M | $48.0M | $19.4M |
| Jun 2026 | $59.5M | $45.2M | $14.3M |
| May 2026 | $70.8M | $92.2M | −$21.4M |
| Apr 2026 | $57.7M | $45.9M | $11.9M |
| Mar 2026 | $86.4M | $61.1M | $25.3M |
| Feb 2026 | $89.3M | $55.9M | $33.4M |
| Jan 2026 | $117.6M | $55.7M | $61.9M |
| Dec 2025 | $101.8M | $42.1M | $59.7M |
| Nov 2025 | $75.7M | $31.2M | $44.5M |
| Oct 2025 | $113.8M | $62.9M | $50.8M |
| Sep 2025 | $131.2M | $51.3M | $79.9M |
| Aug 2025 | $51.5M | $28.4M | $23.1M |
FSTYX Assets Under Management
Net assets of Federated Hermes Short-Term Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $1.85B |
| 2026-04-30 | $1.85B |
| 2026-01-31 | $1.79B |
| 2025-10-31 | $1.62B |
| 2025-07-31 | $1.46B |
| 2025-04-30 | $1.39B |
| 2025-01-31 | $1.35B |
| 2024-10-31 | $1.30B |
| 2024-07-31 | $1.23B |
| 2024-04-30 | $1.22B |
| 2024-01-31 | $1.24B |
| 2023-10-31 | $1.23B |
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.