PBRIX — Federated Hermes Prudent Bear Fund
Data updated: 2026-08-25
PBRIX — Federated Hermes Prudent Bear Fund. Inverse / Short · $89.98M AUM · 2.43% expense ratio. Holdings, fees, performance and SEC 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: $89.98M
- 1-year return: -14.4%
- 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 |
|---|---|
| Federated Hermes Money Market Obligations Trust | 58.59% |
| United States Treasury | 27.59% |
| Innoscripta SE | 0.73% |
| Csg NV | 0.36% |
| Sophia Genetics SA | 0.35% |
| Pics NV | 0.28% |
| MNTN Inc | 0.27% |
| Lumexa Imaging Holdings, Inc. | 0.26% |
| Exzeo Group, Inc. | 0.26% |
| Abbvie, Inc. | 0.22% |
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 | 58.6% |
| Fixed Income | 27.6% |
| Equity | 11.1% |
PBRIX Performance
Total returns for PBRIX (as of 2026-09-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | -8.3% |
| 1 year | -14.4% |
| 3 years (annualised) | -12.1% |
| 5 years (annualised) | -9.8% |
PBRIX Risk Information
Risk metrics for PBRIX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 12.9%
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 2026-06, Federated Hermes Prudent Bear Fund had net inflows of $5.45M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$776.73K |
| 2026-05 | $9.05M |
| 2026-04 | −$6.70M |
| 2026-03 | $13.66M |
| 2026-02 | $2.53M |
| 2026-01 | −$3.82M |
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 | 27.59% |
PBRIX Prospectus and SEC Filings
Official Federated Hermes Prudent Bear Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2025-11-25
- Prospectus (485BPOS) — filed 2024-11-25
- 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 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.