Federated Hermes Floating Rate Strategic Income Fund Class R6 Shares (FFRLX) is a Bank Loan fund with $1.15 Billion in assets. The fund allocates 84.97% of its portfolio to its top 10 holdings. It primarily invests in averagemarketcap cap stocks , with a focus on the cash and equivalents sector.
The largest holding in the fund is FEDERATED CORE TR FEDERATED BANK LOAN CORE FUND at 68.64% of total assets. This is followed by FEDERATED CORE TR III FEDERATED PROJ+TRADE FIN CORE (11.71%) and Federated Hermes Government Obligations Fund (1.57%).