Asset Allocation and Market Calls

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PRISM^® represents Federated Hermes' best thinking on the current market and our approach to asset allocation. A timely resource for firms who want a turnkey program, it can be an invaluable reference when structuring your own PRISM portfolio models.

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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 Hermes limits the dissemination of advertisements that contain hypothetical performance (as defined in Rule 206(4)-1 under the Advisers Act) and related information about the PRISM models to current or prospective Institutional Investors such as registered investment advisers, wrap fee sponsors, registered broker-dealers, financial advisors, banks, insurance companies, or other similar entities. Based on its experience with such Institutional Investors, Federated Hermes believes that (i) these institutions are reasonably likely to be sophisticated, and (ii) hypothetical performance is relevant to their likely financial situation and investment objectives.