(FHYS) Federated Hermes Trust - Ratings and Ratios

The Federated Hermes ETF Trust (NYSE ARCA: FHYS) is an exchange-traded fund designed to provide exposure to U.S. dollar-denominated high-yield fixed income securities. The fund focuses on a diversified portfolio of instruments, including corporate bonds, leveraged loans, and other debt securities, primarily rated below investment grade. The investment adviser employs a rigorous selection process to identify securities with favorable risk-return profiles, aiming to balance income generation with credit risk management. The fund is required to allocate at least 80% of its net assets (plus any borrowings for investment purposes) to investments rated below investment grade, ensuring a strong emphasis on higher-yielding, lower-rated debt instruments.

As of the latest data, FHYS has an average trading volume of 13,998 shares over the past 20 days, with a last price of $23.02. The funds short-term technical indicators, such as the 20-day and 50-day simple moving averages (SMAs), are closely aligned at $23.01 and $22.91, respectively, while the 200-day SMA stands at $22.47. This suggests a recent uptrend in the funds price. The Average True Range (ATR) of 0.08 indicates relatively low volatility, highlighting the funds stability in recent trading sessions. With assets under management (AUM) of $29.42 million, FHYS is a smaller ETF in its category, which may limit liquidity but allows for more agile portfolio management.