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Core Plus SMA

Separately Managed Accounts .
OverviewCharacteristicsCommentaryDocuments
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Overview

 
STRATEGY

A composite of separately managed account portfolios managed to the Bloomberg US Aggregate Bond Index with authorization to use Federated Hermes Managed Account Pools (MAPs). MAPs are "zero" advisory fee mutual funds specifically designed for use with Federated Hermes managed accounts. All portfolios can use international and high yield as part of their core strategies.

KEY FACTS
Key Facts - Part 1
Benchmark Bloomberg US Aggregate Bond Index
Key Facts - Part 2
Strategy Inception Date October 1 1996
Managed Accounts Pools (MAPs)

Managed Accounts Pools (MAPs) are unique asset class pools specifically designed for Separately Managed Account (SMA) strategies. They are registered investment companies available only in conjunction with Federated Hermes SMAs. All fees are charged at the managed account level, so the MAPs have “zero” advisory fees and reimburse all ordinary operating expenses (excluding those of any other funds in which the MAPs invest). The implementation of MAPs can be at the discretion of the financial professional.

Specific Asset Class Pools Available:

  • BBB Corporate
  • Mortgage
  • High Yield
  • International
INVESTMENT GOALS Retirement
Income
KEY INVESTMENT TEAM
Denis Doherty, CFA
Senior Vice President
Senior Portfolio Manager, Head of Managed Accounts Group

joined Federated Hermes
36 years of experience
Robert Ostrowski, CFA
Executive Vice President
Chief Investment Officer, Global Fixed Income Group
Senior Portfolio Manager

joined Federated Hermes
36 years of experience
Robert Schwartz
Associate Portfolio Manager, Fixed Income Managed Accounts

joined Federated Hermes
6 years of experience

Characteristics

Commentary

Documents

 
DISCLOSURES

Investment strategies described on this site are not necessarily available through every sponsor program. Please check with your Federated Hermes representative or your home office to ascertain accessibility.

For a detailed discussion of Managed Account strategies or to receive additional information, please Contact Us.

Issues discussed within this communication represent the investment manager's explanation of factors that were considered when executing transactions or holding specific securities on the prior date indicated. Because this is a managed portfolio, the investment mix will change and the holdings are not indicative of future portfolio composition. Marketplace conditions fluctuate suddenly and frequently, and investment manager's opinions may change. These comments are not intended to be and do not constitute recommendations that others buy, sell or hold any of the securities discussed. 

Refer to the GIPS report found on this website in the Performance Profile found in the Documents section.

For printing purposes, this commentary must be accompanied by the full GIPS report.

Past performance is no guarantee of future results.

For additional information, including definitions of related terms and indexes, see the Financial Glossary and Benchmark Index Glossary.

Federated Investment Counseling