Asset Allocation and Market Calls

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INSTITUTIONAL Sales Material. Not for Distribution to the Public.

PRISM^® is a registered trademark of FII Holdings, Inc., a subsidiary of Federated Hermes, Inc.

PRISM: Effective Asset Allocation^® is a registered trademark of FII Holdings, Inc., a subsidiary of Federated Hermes, Inc.

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Federated Securities Corp. is distributor of the Federated Hermes Funds.

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