Federated Hermes exchange traded funds (“Federated Hermes ETFs”) are available commission‐free to clients of Interactive Brokers LLC (“Interactive Brokers”) through an agreement between Interactive Brokers and Federated Securities Corp., Distributor of the Federated Hermes ETFs.
With an Interactive Brokers account, you can gain access via the Trader Workstation platform to commission-free trading of Federated Hermes ETFs. The program currently applies to the ETFs listed below. View more information on the Interactive Brokers’ trading platforms.
Federated Hermes, Inc. (FHI) is a leader in active management and responsible investing, offering investment management services across a range of asset classes. FHI offers active equity and fixed-income strategies within exchange-traded funds, where we seek to leverage insights and investment tools developed over decades of investing to enhance outcomes for investors. To learn more about Federated Hermes ETFs, please visit FederatedInvestors.com.
No offer or solicitation to buy or sell securities or futures products of any kind, or any type of recommendation or advice, is made, given or in any manner endorsed by Interactive Brokers or any of its affiliates.
Interactive Brokers receives compensation from Federated Securities Corp. in connection with an agreement that includes promotion of Federated Hermes ETFs and certain commission waivers.
| Symbol | Fund Name | Fund Description | Prospectus | Fact Sheet |
|---|---|---|---|---|
| FCSH | SHORT DURATION CORPORATE ETF | Federated Hermes Short Duration Corporate ETF (FCSH) is an actively managed ETF that seeks attractive yield and lower duration risk than the broad corporate bond market. It invests in short duration investment-grade corporate bonds, targeting an effective duration between 1.5 to 3.5 years. FCSH typically overweights bonds rated BBB, which can provide higher income than higher-rated bonds and increase long-term return potential. | Download | Download |
| FHYS | SHORT DURATION HIGH YIELD ETF | Federated Hermes Short Duration High Yield ETF (FHYS) is an actively managed ETF investing in short duration high-yield corporate bonds and bank loans. FHYS offers high current income potential with an average effective duration generally less than 3 years. FHYS provides an opportunity to minimize duration risk without giving up yield. | Download | Download |
| FDV | U.S. STRATEGIC DIVIDEND ETF | Federated Hermes U.S. Strategic Dividend ETF (FDV) is an actively managed ETF investing in high dividend paying securities of U.S. companies. FDV offers access to 40-60 large- and mid-cap stocks with high and rising dividend yield potential. It provides an opportunity for income, income growth and lower volatility than the broad stock market. | Download | Download |
| FTRB | TOTAL RETURN BOND ETF | Federated Hermes Total Return Bond ETF invests in a broad, strategic mix of bond sectors: primarily U.S. government and investment-grade corporate; also high yield and emerging markets (including trade finance and bank loan); sub-investment grade allocation limited to 25%. It focuses on sectors management believes will benefit from anticipated changes in economic and market conditions. The ETF serves as a core multi-sector bond holding. | Download | Download |
| FLCC | MDT LARGE CAP CORE ETF | The Federated Hermes MDT Large Cap Core ETF seeks to be a well-diversified portfolio of large-cap stocks that can deliver long-term excess returns with a moderate tracking error relative to its Russell 1000® benchmark. | Download | |
| FLCG | MDT LARGE CAP GROWTH ETF | The Federated Hermes MDT Large Cap Growth ETF seeks to be a well-diversified portfolio of growth stocks that can deliver long-term excess returns with a moderate tracking error relative to its Russell 1000® Growth benchmark. | Download | |
| FLCV | MDT LARGE CAP VALUE ETF | The Federated Hermes MDT Large Cap Value ETF seeks to be a well-diversified portfolio of value stocks that can deliver long-term excess returns with a moderate tracking error relative to its Russell 1000® Value benchmark. | Download | |
| FSCC | MDT SMALL CAP CORE ETF | The Federated Hermes MDT Small Cap Core ETF seeks to be a well-diversified portfolio of small-cap stocks that can deliver long-term excess returns with a moderate tracking error relative to its Russell 2000® benchmark. | Download |
Investors should carefully consider the fund’s investment objectives, risks, charges and expenses before investing. To obtain a summary prospectus or prospectus containing this and other information, contact us or visit FederatedInvestors.com. Please carefully read the summary prospectus or the prospectus before investing.
Fund shares are bought and sold on an exchange at market price and are not individually redeemed from the fund. However, shares may be redeemed directly by certain authorized broker-dealers (Authorized Participants) in very large creation/redemption units. Shares may trade at a premium or discount to their in the secondary market. Brokerage commissions will reduce returns. Market price returns are based on the official closing price of an share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (“ ”) as of the time the calculates the current per share. are calculated using prices as of 4:00 Eastern Time.
There are no guarantees that dividend-paying stocks will continue to pay dividends. In addition, dividend-paying stocks may not experience the same capital appreciation potential as non-dividend-paying stocks.
Bond prices are sensitive to changes in interest rates, and a rise in interest rates can cause a decline in their prices. High-yield, lower-rated securities generally entail greater market, credit/default and liquidity risks, and may be more volatile than investment-grade securities. Issuers of fixed-income securities may fail to pay interest or principal on those securities when due, which may reduce the value of the fund’s portfolio holdings, its share price and its performance.
In addition to the risks generally associated with debt instruments, such as credit, market, interest rate, liquidity and derivatives risks, bank loans are also subject to the risk that the value of the collateral securing a loan may decline, be insufficient to meet the obligations of the borrower or be difficult to liquidate. Credit ratings pertain only to the securities in the portfolio and do not protect fund shares against market risk.
Duration is a measure of a security’s price sensitivity to changes in interest rates. Securities with longer durations are more sensitive to changes in interest rates than securities of shorter durations.
Federated Securities Corp., Distributor