PBRIX — Federated Hermes Prudent Bear Fund
Data updated: 2026-05-22
PBRIX — Federated Hermes Prudent Bear Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Inverse / Short · $100.45M AUM · 2.43% expense ratio · -12.4% 1-yr return. From SEC regulatory filings.
PBRIX Fund Overview
PBRIX — Federated Hermes Prudent Bear Fund is a US mutual fund managed by Federated Hermes Equity Funds, categorised as Inverse / Short. 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 Equity Funds
- Category: Inverse / Short
- Assets under management: $100.45M
- 1-year return: -12.4%
- Ticker: PBRIX
- SEC CIK: 0000745968
- SEC series ID: S000023465
- Share class ID: C000068996
PBRIX Holdings
Top 10 holdings of Federated Hermes Prudent Bear Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| United States Treasury | 31.85% |
| United States Treasury | 31.63% |
| Federated Hermes Government Obligations Fund | 28.16% |
| Chicago Mercantile Exchange | 0.72% |
| Innoscripta SE | 0.48% |
| Silvaco Group Inc | 0.42% |
| Wealthfront Corp | 0.38% |
| Exzeo Group Inc | 0.37% |
| Sophia Genetics SA | 0.35% |
| Ethos Technologies Inc | 0.35% |
PBRIX Portfolio Allocation
Asset-class allocation of Federated Hermes Prudent Bear Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Cash & Equivalents | 59.8% |
| Fixed Income | 31.9% |
| Equity | 10.8% |
| Derivatives | 0.7% |
PBRIX Performance
Total returns for PBRIX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 4.8% |
| 1 year | -12.4% |
| 3 years (annualised) | -10.6% |
| 5 years (annualised) | -8.5% |
PBRIX Risk Information
Risk metrics for PBRIX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 10.4%
PBRIX Costs and Fees
PBRIX costs about $243 per $10,000 invested per year in fund expenses.
- Net expense ratio: 2.43%
- Gross expense ratio: 2.67%
- Portfolio turnover: 249%
- Brokerage commissions: 36.16 bps of average net assets (SEC N-CEN)
PBRIX Cashflows
Over the 12 months to 2026-03, Federated Hermes Prudent Bear Fund had net outflows of $3.22M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-03 | $13.66M |
| 2026-02 | $2.53M |
| 2026-01 | −$3.82M |
| 2025-12 | −$14.41M |
| 2025-11 | $734.43K |
| 2025-10 | $4.74M |
PBRIX Debt Constituents
Largest debt holdings of Federated Hermes Prudent Bear Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| United States Treasury | 31.85% |
PBRIX Prospectus and SEC Filings
Official Federated Hermes Prudent Bear Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Inverse / Short 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.