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Federated Hermes launches actively managed Total Return Bond ETF
Chicago, Jan. 4 – Federated Hermes, Inc. announced the launch of the Federated Hermes Total Return Bond ETF (NYSE: FTRB) in a press release on Thursday.
The actively managed ETF seeks to provide total return by investing in a broad mix of bond sectors that the portfolio management team believes will benefit from changes in economic and market conditions.
The ETF invests primarily in U.S. government, mortgage-backed and investment-grade corporate fixed income with additional exposure to sectors such as high-yield and emerging markets debt.
The new ETF is managed by senior portfolio managers Donald Ellenberger, Nathan Kehm and Jerome Conner.
Based in Pittsburgh, Federated Hermes is an investment manager.
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