E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 1/4/2024 in the Prospect News Emerging Markets Daily, Prospect News High Yield Daily and Prospect News Investment Grade Daily.

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.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.