Federated Hermes Ultrashort Bond ETF (FUSD)

The Federated Hermes Ultrashort Bond ETF (FUSD) is an actively managed exchange-traded fund from Federated Hermes that seeks current income consistent with a low level of share price volatility.

The fund invests in short-maturity fixed income securities, primarily investment-grade, including corporate debt, asset-backed securities, government and agency securities, and money market instruments. Portfolio duration is kept very short, positioning the fund as an alternative to cash or money market holdings that can earn some additional income.

Because the portfolio's holdings mature quickly, it is regularly reinvested at prevailing short-term rates. Shares trade on Cboe BZX.