FULIX Performance — Federated Hermes Ultrashort Bond Fund, Institutional Shares
Data updated: 2026-08-25
FULIX returned +1.80% year to date and +4.63% over one year to Jun 2026. Annualised returns are +5.66% over 3 years and +3.62% over 5 years. The fund trailed its Ultrashort Securitized Bond category average: $100 invested three years ago grew to $118, against $122 for the category, and to $105 over one year, against $106. Volatility over the past three years was 0.75% a year. In the 12 months to Jun 2026 the fund took in a net $1.4B, and assets reached $4.25B.
FULIX Growth of $100
What $100 invested in Federated Hermes Ultrashort Bond 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 | FULIX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $105 | $106 |
| 3 years (Jul 2023 – Jun 2026) | $118 | $122 |
| 5 years (Jul 2021 – Jun 2026) | $119 | $121 |
| Since data start (Jul 2019 – Jun 2026) | $125 | $127 |
FULIX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.80% |
| 1 year | +4.63% |
| 3 years (annualised) | +5.66% |
| 5 years (annualised) | +3.62% |
FULIX Annual Returns
Calendar-year total returns of Federated Hermes Ultrashort Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +1.80% |
| 2025 | +5.56% |
| 2024 | +6.15% |
| 2023 | +5.89% |
| 2022 | −0.89% |
| 2021 | +0.23% |
| 2020 | +2.39% |
| 2019 (Jul–Dec) | +1.36% |
FULIX 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% | +0.4% | −0.1% | +0.5% | +0.4% | +0.3% | — | — | — | — | — | — |
| 2025 | +0.5% | +0.6% | +0.3% | +0.3% | +0.3% | +0.6% | +0.3% | +0.7% | +0.4% | +0.4% | +0.4% | +0.5% |
| 2024 | +0.6% | +0.2% | +0.7% | +0.1% | +0.7% | +0.5% | +0.8% | +0.8% | +0.6% | +0.1% | +0.5% | +0.3% |
| 2023 | +0.8% | +0.2% | +0.4% | +0.5% | +0.3% | +0.3% | +0.5% | +0.5% | +0.3% | +0.3% | +0.8% | +0.9% |
| 2022 | −0.1% | −0.3% | −0.5% | −0.2% | −0.1% | −0.4% | +0.2% | +0.1% | −0.2% | −0.2% | +0.3% | +0.4% |
| 2021 | +0.2% | +0.1% | 0.0% | +0.1% | +0.2% | 0.0% | +0.1% | +0.1% | +0.1% | −0.2% | −0.2% | −0.1% |
| 2020 | +0.4% | +0.3% | −3.4% | +2.0% | +0.7% | +0.8% | +0.6% | +0.3% | +0.2% | +0.1% | +0.3% | +0.2% |
| 2019 | — | — | — | — | — | — | +0.2% | +0.4% | +0.1% | +0.3% | +0.1% | +0.2% |
FULIX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 0.75%
- 3-year Sharpe ratio: 1.55 (vs 4.5% risk-free rate)
- Best month: +0.90% (Dec 2023)
- Worst month: −0.06% (Mar 2026)
FULIX Fund Flows
Monthly money in and out of Federated Hermes Ultrashort Bond Fund, from SEC Form N-PORT.
- 12-month net flow: $1.4B
- 12-month gross sales (incl. reinvestments): $3.1B
- Sales ÷ redemptions: 1.80×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $351.4M | $180.4M | $171.0M |
| May 2026 | $224.4M | $137.2M | $87.2M |
| Apr 2026 | $259.2M | $217.1M | $42.1M |
| Mar 2026 | $289.2M | $206.0M | $83.2M |
| Feb 2026 | $244.6M | $131.5M | $113.1M |
| Jan 2026 | $274.2M | $144.6M | $129.7M |
| Dec 2025 | $296.7M | $148.0M | $148.7M |
| Nov 2025 | $247.0M | $107.4M | $139.6M |
| Oct 2025 | $233.4M | $138.7M | $94.6M |
| Sep 2025 | $217.9M | $140.8M | $77.1M |
| Aug 2025 | $253.7M | $81.1M | $172.5M |
| Jul 2025 | $195.9M | $86.8M | $109.1M |
FULIX Assets Under Management
Net assets of Federated Hermes Ultrashort Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $4.25B |
| 2026-03-31 | $3.95B |
| 2025-12-31 | $3.64B |
| 2025-09-30 | $3.25B |
| 2025-06-30 | $2.88B |
| 2025-03-31 | $2.80B |
| 2024-12-31 | $2.86B |
| 2024-09-30 | $2.84B |
| 2024-06-30 | $2.85B |
| 2024-03-31 | $2.90B |
| 2023-12-31 | $2.66B |
| 2023-09-30 | $2.94B |
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.