Mortgage Strategy Portfolio

Separately Managed Accounts .

Overview

 
KEY FACTS
Key Facts - Part 1
Benchmark Bloomberg US Mortgage Backed Securities Index
Key Facts - Part 2
CUSIP 3 1 4 2 1 P 4 0 7
Strategy Inception Date December 20 2007
KEY INVESTMENT TEAM
Todd Abraham, CFA
Senior Vice President
Senior Portfolio Manager
Head of Government/Mortgage Backed Fixed Income Group

joined Federated Hermes
34 years of experience
Liam O'Connell, CFA
Vice President
Portfolio Manager
Senior Investment Analyst

joined Federated Hermes
20 years of experience

Performance

Characteristics

Documents

 
DISCLOSURES

The “As of Date” for regulatory documents  is the date when the document is effective with the SEC and made available on Federated Hermes' website.

double dagger disclosure PDF file consists of a President's Message or Market Overview (if applicable) and Annual/Semi-Annual Shareholder Report. NOTE: To be sure you have the most recent information, please access both the Annual Report and the Semi-Annual Report.

2 disclosure Each fiscal quarter, the Fund will file with the SEC a complete schedule of its monthly portfolio holdings on “Form N-PORT.” The Fund’s holdings as of the end of the third month of every fiscal quarter, as reported on Form N-PORT, will be publicly available on the SEC’s website at www.sec.gov within 60 days of the end of the fiscal quarter upon filing.

Distributions and Taxes

DISCLOSURES

Managed Account Pools (MAPs) are unique mutual fund pools of securities specially designed to provide diversification to separately managed accounts. Because these pools are highly liquid, they enhance the ability of separately managed account portfolios to quickly and efficiently respond to changing market conditions.

Unlike the typical mutual fund, each MAPs has "zero" advisory fees. MAPs are available only in conjunction with Federated Hermes Separately Managed Accounts.

Total returns for periods of less than one year are cumulative.

After-tax returns are calculated using a standard set of assumptions. Actual after-tax returns depend on each investor's personal tax situation, and are likely to differ from those shown. The stated returns assume the highest historical federal income and capital gains tax rates. Return After Taxes on Distributions assumes a continued investment in the fund and shows the effect of taxes on fund distributions. Return After Taxes on Distribution and Sale of Fund Shares assumes all shares were redeemed at the end of each measurement period, and shows the effect of any taxable gain (or offsetting loss) on redemption, as well as the effects of taxes on fund distributions. These after-tax returns do not reflect the effect of any applicable state and local taxes. After-tax returns are not relevant to investors holding shares through tax-deferred programs, such as IRA or 401(k) plans, or variable annuities. The after-tax average annual total returns are based on the 37% tax bracket and include the 3.8% tax on net investment income.

Current and future portfolio holdings are subject to risk.

The holdings percentages are based on net assets at the close of business on the date above, and may not necessarily reflect adjustments that are routinely made when presenting net assets for formal financial statement purposes. Because this is a managed portfolio, the investment mix will change.

Federated Investment Management Company