Federated Hermes Funds > Federated Hermes Adjustable Rate Securities Trust
Federated Hermes Adjustable Rate Fund
$140.51M
Avg Monthly Net Assets
$160.66M
Total Assets
$3.87M
Total Liabilities
$156.78M
Net Assets
Federated Hermes Adjustable Rate Fund is a Mutual Fund in Federated Hermes Adjustable Rate Securities Trust
from Federated Hermes Funds,
based in Pennsylvania,
United States of America.
The fund has two share classes
and monthly net assets of $140.51M.
On July 24th, 2024 it reported 169 holdings, the largest
being Freddie Mac (4.0%), Freddie Mac (3.2%) and Fannie Mae (2.9%).
Data provided by Fincoded.
Share Classes
| Name | Class/Contract ID | Ticker | Monthly Returns (2 years) |
|---|---|---|---|
| Class A Shares | C000024691 | FEUGX | |
| Institutional Shares | C000215087 | FEUNX |
Holdings
From latest NPORT-P, filed July 24th, 2024 for period ending May 31st, 2024.
Historic holdings data available from Fincoded.
| Name | Profile | Category | Country | Value $USD | # Shares | % of Fund |
|---|---|---|---|---|---|---|
| Chesapeake Funding II LLC | Long | ABS-other | US | $699K | – | 0.45 |
| Citibank Credit Card Issuance Trust | Long | ABS-other | US | $998K | – | 0.64 |
| Fannie Mae Pool | Long | ABS-mortgage backed security | US | $2M | – | 1.56 |
| Fannie Mae Pool | Long | ABS-mortgage backed security | US | $2M | – | 1.25 |
| Fannie Mae Pool | Long | ABS-mortgage backed security | US | $1M | – | 0.94 |
| Fannie Mae Pool | Long | ABS-mortgage backed security | US | $1M | – | 0.92 |
| Fannie Mae Pool | Long | ABS-mortgage backed security | US | $451K | – | 0.29 |
| Fannie Mae Pool | Long | ABS-mortgage backed security | US | $430K | – | 0.27 |
| Fannie Mae Pool | Long | ABS-mortgage backed security | US | $402K | – | 0.26 |
| Fannie Mae Pool | Long | ABS-mortgage backed security | US | $368K | – | 0.23 |
| Fannie Mae Pool | Long | ABS-mortgage backed security | US | $346K | – | 0.22 |
| Fannie Mae Pool | Long | ABS-mortgage backed security | US | $267K | – | 0.17 |
| Fannie Mae Pool | Long | ABS-mortgage backed security | US | $243K | – | 0.16 |
| Fannie Mae Pool | Long | ABS-mortgage backed security | US | $221K | – | 0.14 |
| Fannie Mae Pool | Long | ABS-mortgage backed security | US | $217K | – | 0.14 |
| Fannie Mae Pool | Long | ABS-mortgage backed security | US | $195K | – | 0.12 |
| Fannie Mae Pool | Long | ABS-mortgage backed security | US | $192K | – | 0.12 |
| Fannie Mae Pool | Long | ABS-mortgage backed security | US | $177K | – | 0.11 |
| Fannie Mae Pool | Long | ABS-mortgage backed security | US | $173K | – | 0.11 |
| Fannie Mae Pool | Long | ABS-mortgage backed security | US | $166K | – | 0.11 |
| Fannie Mae Pool | Long | ABS-mortgage backed security | US | $164K | – | 0.10 |
| Fannie Mae Pool | Long | ABS-mortgage backed security | US | $143K | – | 0.09 |
| Fannie Mae Pool | Long | ABS-mortgage backed security | US | $117K | – | 0.07 |
| Fannie Mae Pool | Long | ABS-mortgage backed security | US | $110K | – | 0.07 |
| Fannie Mae Pool | Long | ABS-mortgage backed security | US | $109K | – | 0.07 |
| Fannie Mae Pool | Long | ABS-mortgage backed security | US | $84K | – | 0.05 |
| Fannie Mae Pool | Long | ABS-mortgage backed security | US | $77K | – | 0.05 |
| Fannie Mae Pool | Long | ABS-mortgage backed security | US | $64K | – | 0.04 |
| Fannie Mae Pool | Long | ABS-mortgage backed security | US | $62K | – | 0.04 |
| Fannie Mae Pool | Long | ABS-mortgage backed security | US | $57K | – | 0.04 |
| Fannie Mae Pool | Long | ABS-mortgage backed security | US | $44K | – | 0.03 |
| Fannie Mae Pool | Long | ABS-mortgage backed security | US | $27K | – | 0.02 |
| Fannie Mae Pool | Long | ABS-mortgage backed security | US | $27K | – | 0.02 |
| Fannie Mae Pool | Long | ABS-mortgage backed security | US | $24K | – | 0.02 |
| Fannie Mae Pool | Long | ABS-mortgage backed security | US | $22K | – | 0.01 |
| Fannie Mae Pool | Long | ABS-mortgage backed security | US | $1K | – | 0.00 |
| Fannie Mae REMICS | Long | ABS-mortgage backed security | US | $4M | – | 2.87 |
| Fannie Mae REMICS | Long | ABS-mortgage backed security | US | $4M | – | 2.47 |
| Fannie Mae REMICS | Long | ABS-mortgage backed security | US | $3M | – | 2.10 |
| Fannie Mae REMICS | Long | ABS-mortgage backed security | US | $2M | – | 1.48 |
| Fannie Mae REMICS | Long | ABS-mortgage backed security | US | $2M | – | 1.47 |
| Fannie Mae REMICS | Long | ABS-mortgage backed security | US | $2M | – | 1.45 |
| Fannie Mae REMICS | Long | ABS-mortgage backed security | US | $2M | – | 1.43 |
| Fannie Mae REMICS | Long | ABS-mortgage backed security | US | $2M | – | 1.25 |
| Fannie Mae REMICS | Long | ABS-mortgage backed security | US | $2M | – | 1.14 |
| Fannie Mae REMICS | Long | ABS-mortgage backed security | US | $2M | – | 1.07 |
| Fannie Mae REMICS | Long | ABS-mortgage backed security | US | $2M | – | 1.03 |
| Fannie Mae REMICS | Long | ABS-mortgage backed security | US | $2M | – | 1.03 |
| Fannie Mae REMICS | Long | ABS-mortgage backed security | US | $2M | – | 0.98 |
| Fannie Mae REMICS | Long | ABS-mortgage backed security | US | $1M | – | 0.95 |
| Fannie Mae REMICS | Long | ABS-mortgage backed security | US | $1M | – | 0.93 |
| Fannie Mae REMICS | Long | ABS-mortgage backed security | US | $1M | – | 0.83 |
| Fannie Mae REMICS | Long | ABS-mortgage backed security | US | $1M | – | 0.82 |
| Fannie Mae REMICS | Long | ABS-mortgage backed security | US | $1M | – | 0.79 |
| Fannie Mae REMICS | Long | ABS-mortgage backed security | US | $1M | – | 0.75 |
| Fannie Mae REMICS | Long | ABS-mortgage backed security | US | $1M | – | 0.66 |
| Fannie Mae REMICS | Long | ABS-mortgage backed security | US | $1M | – | 0.66 |
| Fannie Mae REMICS | Long | ABS-mortgage backed security | US | $968K | – | 0.62 |
| Fannie Mae REMICS | Long | ABS-mortgage backed security | US | $960K | – | 0.61 |
| Fannie Mae REMICS | Long | ABS-mortgage backed security | US | $935K | – | 0.60 |
| Fannie Mae REMICS | Long | ABS-mortgage backed security | US | $900K | – | 0.57 |
| Fannie Mae REMICS | Long | ABS-mortgage backed security | US | $889K | – | 0.57 |
| Fannie Mae REMICS | Long | ABS-mortgage backed security | US | $877K | – | 0.56 |
| Fannie Mae REMICS | Long | ABS-mortgage backed security | US | $844K | – | 0.54 |
| Fannie Mae REMICS | Long | ABS-mortgage backed security | US | $801K | – | 0.51 |
| Fannie Mae REMICS | Long | ABS-mortgage backed security | US | $771K | – | 0.49 |
| Fannie Mae REMICS | Long | ABS-mortgage backed security | US | $736K | – | 0.47 |
| Fannie Mae REMICS | Long | ABS-mortgage backed security | US | $655K | – | 0.42 |
| Fannie Mae REMICS | Long | ABS-mortgage backed security | US | $561K | – | 0.36 |
| Fannie Mae REMICS | Long | ABS-mortgage backed security | US | $532K | – | 0.34 |
| Fannie Mae REMICS | Long | ABS-mortgage backed security | US | $467K | – | 0.30 |
| Fannie Mae REMICS | Long | ABS-mortgage backed security | US | $396K | – | 0.25 |
| Fannie Mae REMICS | Long | ABS-mortgage backed security | US | $384K | – | 0.25 |
| Fannie Mae REMICS | Long | ABS-mortgage backed security | US | $363K | – | 0.23 |
| Fannie Mae REMICS | Long | ABS-mortgage backed security | US | $357K | – | 0.23 |
| Fannie Mae REMICS | Long | ABS-mortgage backed security | US | $329K | – | 0.21 |
| Fannie Mae REMICS | Long | ABS-mortgage backed security | US | $286K | – | 0.18 |
| Fannie Mae REMICS | Long | ABS-mortgage backed security | US | $202K | – | 0.13 |
| Fannie Mae REMICS | Long | ABS-mortgage backed security | US | $186K | – | 0.12 |
| Fannie Mae REMICS | Long | ABS-mortgage backed security | US | $169K | – | 0.11 |
| Fannie Mae REMICS | Long | ABS-mortgage backed security | US | $142K | – | 0.09 |
| Fannie Mae REMICS | Long | ABS-mortgage backed security | US | $116K | – | 0.07 |
| Fannie Mae REMICS | Long | ABS-mortgage backed security | US | $89K | – | 0.06 |
| Fannie Mae REMICS | Long | ABS-mortgage backed security | US | $69K | – | 0.04 |
| Fannie Mae REMICS | Long | ABS-mortgage backed security | US | $65K | – | 0.04 |
| Fannie Mae REMICS | Long | ABS-mortgage backed security | US | $63K | – | 0.04 |
| Fannie Mae REMICS | Long | ABS-mortgage backed security | US | $60K | – | 0.04 |
| Fannie Mae REMICS | Long | ABS-mortgage backed security | US | $60K | – | 0.04 |
| Fannie Mae REMICS | Long | ABS-mortgage backed security | US | $57K | – | 0.04 |
| Fannie Mae REMICS | Long | ABS-mortgage backed security | US | $47K | – | 0.03 |
| Fannie Mae REMICS | Long | ABS-mortgage backed security | US | $35K | – | 0.02 |
| Fannie Mae REMICS | Long | ABS-mortgage backed security | US | $33K | – | 0.02 |
| Fannie Mae REMICS | Long | ABS-mortgage backed security | US | $30K | – | 0.02 |
| Fannie Mae REMICS | Long | ABS-mortgage backed security | US | $26K | – | 0.02 |
| Fannie Mae REMICS | Long | ABS-mortgage backed security | US | $24K | – | 0.02 |
| Fannie Mae REMICS | Long | ABS-mortgage backed security | US | $24K | – | 0.02 |
| Fannie Mae Trust 2006-W1 (FannieMae Whole Loan) | Long | ABS-mortgage backed security | US | $1M | – | 0.78 |
| Fannie Mae-Aces (Fanniemae-Aces) | Long | ABS-mortgage backed security | US | $171K | – | 0.11 |
| Federated Hermes Government Obligations Fund | Long | Short-term investment vehicle | US | $3M | 3M | 1.90 |
| Freddie Mac Multifamily Structured Pass Through Certificates (FHLMC Multifamily Structured Pass Through Certs.) | Long | ABS-mortgage backed security | US | $3M | – | 1.70 |
| Freddie Mac Multifamily Structured Pass Through Certificates (FHLMC Multifamily Structured Pass Through Certs.) | Long | ABS-mortgage backed security | US | $2M | – | 1.27 |
| Freddie Mac Multifamily Structured Pass Through Certificates (FHLMC Multifamily Structured Pass Through Certs.) | Long | ABS-mortgage backed security | US | $2M | – | 1.27 |
| Freddie Mac Multifamily Structured Pass Through Certificates (FHLMC Multifamily Structured Pass Through Certs.) | Long | ABS-mortgage backed security | US | $2M | – | 1.26 |
| Freddie Mac Multifamily Structured Pass Through Certificates (FHLMC Multifamily Structured Pass Through Certs.) | Long | ABS-mortgage backed security | US | $2M | – | 1.05 |
| Freddie Mac Multifamily Structured Pass Through Certificates (FHLMC Multifamily Structured Pass Through Certs.) | Long | ABS-mortgage backed security | US | $2M | – | 1.01 |
| Freddie Mac Multifamily Structured Pass Through Certificates (FHLMC Multifamily Structured Pass Through Certs.) | Long | ABS-mortgage backed security | US | $658K | – | 0.42 |
| Freddie Mac Non Gold Pool | Long | ABS-mortgage backed security | US | $479K | – | 0.31 |
| Freddie Mac Non Gold Pool | Long | ABS-mortgage backed security | US | $241K | – | 0.15 |
| Freddie Mac Pool | Long | ABS-mortgage backed security | US | $4M | – | 2.45 |
| Freddie Mac Pool | Long | ABS-mortgage backed security | US | $1M | – | 0.90 |
| Freddie Mac REMICS | Long | ABS-mortgage backed security | US | $6M | – | 4.03 |
| Freddie Mac REMICS | Long | ABS-mortgage backed security | US | $5M | – | 3.16 |
| Freddie Mac REMICS | Long | ABS-mortgage backed security | US | $4M | – | 2.32 |
| Freddie Mac REMICS | Long | ABS-mortgage backed security | US | $3M | – | 2.08 |
| Freddie Mac REMICS | Long | ABS-mortgage backed security | US | $3M | – | 1.99 |
| Freddie Mac REMICS | Long | ABS-mortgage backed security | US | $3M | – | 1.80 |
| Freddie Mac REMICS | Long | ABS-mortgage backed security | US | $3M | – | 1.62 |
| Freddie Mac REMICS | Long | ABS-mortgage backed security | US | $2M | – | 1.48 |
| Freddie Mac REMICS | Long | ABS-mortgage backed security | US | $2M | – | 1.37 |
| Freddie Mac REMICS | Long | ABS-mortgage backed security | US | $2M | – | 1.14 |
| Freddie Mac REMICS | Long | ABS-mortgage backed security | US | $2M | – | 1.00 |
| Freddie Mac REMICS | Long | ABS-mortgage backed security | US | $1M | – | 0.92 |
| Freddie Mac REMICS | Long | ABS-mortgage backed security | US | $1M | – | 0.91 |
| Freddie Mac REMICS | Long | ABS-mortgage backed security | US | $1M | – | 0.73 |
| Freddie Mac REMICS | Long | ABS-mortgage backed security | US | $986K | – | 0.63 |
| Freddie Mac REMICS | Long | ABS-mortgage backed security | US | $963K | – | 0.61 |
| Freddie Mac REMICS | Long | ABS-mortgage backed security | US | $799K | – | 0.51 |
| Freddie Mac REMICS | Long | ABS-mortgage backed security | US | $691K | – | 0.44 |
| Freddie Mac REMICS | Long | ABS-mortgage backed security | US | $573K | – | 0.37 |
| Freddie Mac REMICS | Long | ABS-mortgage backed security | US | $560K | – | 0.36 |
| Freddie Mac REMICS | Long | ABS-mortgage backed security | US | $488K | – | 0.31 |
| Freddie Mac REMICS | Long | ABS-mortgage backed security | US | $461K | – | 0.29 |
| Freddie Mac REMICS | Long | ABS-mortgage backed security | US | $333K | – | 0.21 |
| Freddie Mac REMICS | Long | ABS-mortgage backed security | US | $328K | – | 0.21 |
| Freddie Mac REMICS | Long | ABS-mortgage backed security | US | $324K | – | 0.21 |
| Freddie Mac REMICS | Long | ABS-mortgage backed security | US | $250K | – | 0.16 |
| Freddie Mac REMICS | Long | ABS-mortgage backed security | US | $214K | – | 0.14 |
| Freddie Mac REMICS | Long | ABS-mortgage backed security | US | $197K | – | 0.13 |
| Freddie Mac REMICS | Long | ABS-mortgage backed security | US | $137K | – | 0.09 |
| Freddie Mac REMICS | Long | ABS-mortgage backed security | US | $110K | – | 0.07 |
| Freddie Mac REMICS | Long | ABS-mortgage backed security | US | $90K | – | 0.06 |
| Freddie Mac REMICS | Long | ABS-mortgage backed security | US | $83K | – | 0.05 |
| Freddie Mac REMICS | Long | ABS-mortgage backed security | US | $76K | – | 0.05 |
| Freddie Mac REMICS | Long | ABS-mortgage backed security | US | $74K | – | 0.05 |
| Freddie Mac REMICS | Long | ABS-mortgage backed security | US | $74K | – | 0.05 |
| Freddie Mac REMICS | Long | ABS-mortgage backed security | US | $67K | – | 0.04 |
| Freddie Mac REMICS | Long | ABS-mortgage backed security | US | $57K | – | 0.04 |
| Freddie Mac REMICS | Long | ABS-mortgage backed security | US | $30K | – | 0.02 |
| Freddie Mac REMICS | Long | ABS-mortgage backed security | US | $28K | – | 0.02 |
| Freddie Mac REMICS | Long | ABS-mortgage backed security | US | $23K | – | 0.01 |
| Freddie Mac REMICS | Long | ABS-mortgage backed security | US | $23K | – | 0.01 |
| Ginnie Mae (Government National Mortgage Association) | Long | ABS-mortgage backed security | US | $2M | – | 1.29 |
| Ginnie Mae II Pool (Government National Mortgage Association) | Long | ABS-mortgage backed security | US | $481K | – | 0.31 |
| Ginnie Mae II Pool (Government National Mortgage Association) | Long | ABS-mortgage backed security | US | $12K | – | 0.01 |
| Ginnie Mae II Pool (Government National Mortgage Association) | Long | ABS-mortgage backed security | US | $7K | – | 0.00 |
| Ginnie Mae II Pool (Government National Mortgage Association) | Long | ABS-mortgage backed security | US | $7K | – | 0.00 |
| Government National Mortgage Association | Long | ABS-mortgage backed security | US | $4M | – | 2.79 |
| Government National Mortgage Association | Long | ABS-mortgage backed security | US | $3M | – | 1.61 |
| Government National Mortgage Association | Long | ABS-mortgage backed security | US | $2M | – | 1.45 |
| Government National Mortgage Association | Long | ABS-mortgage backed security | US | $2M | – | 1.16 |
| Government National Mortgage Association | Long | ABS-mortgage backed security | US | $1M | – | 0.79 |
| Government National Mortgage Association | Long | ABS-mortgage backed security | US | $272K | – | 0.17 |
| JP Morgan Mortgage Trust 2021-1 | Long | ABS-mortgage backed security | US | $2M | – | 0.99 |
| Navient Private Education Refi Loan Trust 2020-H (Navient Student Loan Trust) | Long | ABS-other | US | $206K | – | 0.13 |
| Navient Private Education Refi Loan Trust 2021-F (Navient Student Loan Trust) | Long | ABS-other | US | $593K | – | 0.38 |
| Navient Student Loan Trust | Long | ABS-other | US | $640K | – | 0.41 |
| SMB Private Education Loan Trust 2020-B | Long | ABS-other | US | $413K | – | 0.26 |
| U.S. Treasury Notes (United States Treasury) | Long | Debt | US | $2M | – | 1.02 |
| U.S. Treasury Notes (United States Treasury) | Long | Debt | US | $1M | – | 0.89 |
Address
Federated Hermes Adjustable Rate Securities Trust
Federated Hermes Funds
4000 Ericsson Drive
Warrendale
Pennsylvania
15086-7561
United States of America
Websites
Directors
John B. Fisher
Madelyn A. Reilly
John S. Walsh
P. Jerome Richey
Thomas M. O'Neill
Maureen Lally-Green
G. Thomas Hough
John T. Collins
J. Christopher Donahue
Transfer Agents
SS&C GIDS, Inc.
Pricing Services
Bloomberg Finance L.P.
ICE Data Pricing & Reference Data, LLC
IHS Markit (Markit North America)
JPMorgan PricingDirect
Refinitiv US Holdings Inc.
Custodians
State Street Bank and Trust Company
Shareholder Servicing Agents
SS&C GIDS, Inc.
Admins
Federated Administrative Services
Brokers
N/A