Federated Hermes Global Allocation Fund Class B Shares (FSBBX)
Federated Hermes Global Allocation Fund Class B Shares operates in the Asset Management - Global industry of the Financial Services sector, headquartered in Warrendale, PA, US. The stock last traded at $17.62, down 0.96% on the session, giving a market capitalisation of $265.9M. Its beta of 1.03 implies it has historically moved more than the broad market.
This fund endeavors to secure a degree of capital protection, coupled with the potential for long-term appreciation and income generation. Its strategy involves a broad allocation across different asset categories, such as stocks and bonds, with flexible weighting between them. A significant portion of its portfolio is typically dedicated to holdings outside the United States. Geographic diversification is key, with investments spread across numerous global regions and nations, including its domestic market, the U.S., always encompassing at least three distinct countries.
Federated Hermes Global Allocation Fund Class B Shares is most often compared with the following Financial Services names: