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Federated Hermes Launches New Short-Term Euro Prime Fund

The Federated Hermes Short-Term Euro Prime Fund is the first European-domiciled liquidity product the firm has launched, following the completion of Federated ....

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Federated Hermes unveils short-term euro prime fund

Federated Hermes has launched a fund targeting high-quality euro short-term debt instruments. ....

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Federated Hermes, Inc. launches two new microshort funds

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PITTSBURGH, Feb. 3, 2021 /PRNewswire/ Federated Hermes, Inc. (NYSE: FHI), a global leader in active, responsible investing, today announced the launch of Federated Hermes Conservative Microshort Fund and Federated Hermes Conservative Municipal Microshort Fund. The actively managed funds offer an innovative approach to liquidity management by pursuing higher yields than money market strategies while simultaneously aiming to maintain lower NAV volatility by investing in securities with shorter maturities than traditional ultrashort products.
Federated Hermes Conservative Microshort Fund seeks to provide current income with capital preservation while maintaining liquidity. Federated Hermes Conservative Municipal Microshort Fund seeks to provide current income on a tax-exempt basis and preservation of capital with an emphasis on maintaining liquidity. ....

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