Federated Hermes Global Allocation Fund (SBFIX)
Federated Hermes Global Allocation Fund operates in the Asset Management - Global industry of the Financial Services sector, headquartered in Warrendale, PA, US. The stock last traded at $24.19, up 0.33% on the session, giving a market capitalisation of $289.9M. Its beta of 1.01 implies it has historically moved more than the broad market.
This fund employs a comprehensive investment approach, diversifying its capital across a spectrum of asset classes, including but not limited to equities and fixed-income securities, with no fixed proportions. A substantial allocation of its total assets will generally target investments located outside the United States. The portfolio will be geographically distributed across various countries and regions globally, encompassing the U.S., and will always include exposure to a minimum of three distinct national markets.
Federated Hermes Global Allocation Fund is most often compared with the following Financial Services names: