FULLX — Federated Hermes Ultrashort Bond Fund
Data updated: 2026-08-25
FULLX — Federated Hermes Ultrashort Bond Fund. Intermediate Securitized (MBS/ABS/CMBS) Bond · $4.25B AUM. Holdings, fees, performance and SEC filings.
FULLX Fund Overview
FULLX — Federated Hermes Ultrashort Bond Fund is a US mutual fund managed by Federated Hermes Total Return Series, Inc., categorised as Intermediate Securitized (MBS/ABS/CMBS) Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Federated Hermes Total Return Series, Inc.
- Category: Intermediate Securitized (MBS/ABS/CMBS) Bond
- Assets under management: $4.25B
- 1-year return: 4.7%
- Ticker: FULLX
- SEC CIK: 0000912763
- SEC series ID: S000010898
- Share class ID: C000212356
FULLX Holdings
Top 10 holdings of Federated Hermes Ultrashort Bond Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Federated Hermes Money Market Obligations Trust | 3.97% |
| Federated Core Trust - Federated Bank Loan Core Fund | 3.51% |
| Federated Core Trust III - Federated Project and Trade Finance Core Fund | 2.51% |
| United States Treasury | 2.36% |
| Prudential Qma Strat Val- | 1.00% |
| Government National Mortgage Association | 0.77% |
| Government National Mortgage Association | 0.65% |
| Government National Mortgage Association | 0.64% |
| Fannie Mae | 0.62% |
| Fannie Mae | 0.59% |
FULLX Portfolio Allocation
Asset-class allocation of Federated Hermes Ultrashort Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Securitized | 54.9% |
| Fixed Income | 34.2% |
| Equity | 7.0% |
| Cash & Equivalents | 4.0% |
FULLX Performance
Total returns for FULLX (as of 2026-09-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 1.8% |
| 1 year | 4.7% |
| 3 years (annualised) | 5.7% |
| 5 years (annualised) | 3.6% |
FULLX Risk Information
Risk metrics for FULLX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 0.6%
FULLX Costs and Fees
FULLX costs about $36 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.36%
- Gross expense ratio: 0.41%
- Portfolio turnover: 49%
- Brokerage commissions: 0.05 bps of average net assets (SEC N-CEN)
FULLX Cashflows
Over the 12 months to 2026-06, Federated Hermes Ultrashort Bond Fund had net inflows of $1.37B, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $171.02M |
| 2026-05 | $87.16M |
| 2026-04 | $42.09M |
| 2026-03 | $83.16M |
| 2026-02 | $113.11M |
| 2026-01 | $129.66M |
FULLX Debt Constituents
Largest debt holdings of Federated Hermes Ultrashort Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| United States Treasury | 2.36% |
| United States Treasury | 0.59% |
| United States Treasury | 0.58% |
| United States Treasury | 0.58% |
| Fidelity Natl Info Serv | 0.51% |
| American Express Co. | 0.51% |
| Morgan Stanley | 0.47% |
| JPMorgan Chase & Co. | 0.47% |
| Bank Of Nova Scotia | 0.47% |
| NVIDIA Corp. | 0.47% |
FULLX Prospectus and SEC Filings
Official Federated Hermes Ultrashort Bond Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2025-11-25
- Prospectus (485BPOS) — filed 2024-11-26
- Prospectus (485BPOS) — filed 2023-11-28
- Portfolio holdings (N-PORT) — filed 2026-08-25
- Portfolio holdings (N-PORT) — filed 2026-05-22
- Portfolio holdings (N-PORT) — filed 2026-02-24
- Annual census (N-CEN) — filed 2024-12-04
- Annual census (N-CEN) — filed 2023-12-04
Related Funds
Other Intermediate Securitized (MBS/ABS/CMBS) 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.