ATLASFederated Hermes Total Return Bond Fund (FTRB): outlook, holdings and fees
Federated Hermes Total Return Bond Fund (FTRB) is an exchange-traded fund and is managed by Federated. The expense ratio is 0.40% and the yield is 4.67%. The ten largest holdings are 21% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on FTRB
| Last price | $24.49 (+0.2%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 70% |
| Likely 1-month range (50%) | $24.45 – $24.81 |
| Normal 1-day range (±1σ) | ±0.2% |
| Distribution yield | 4.67% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
FTRB fund facts
| Issuer | Federated |
|---|---|
| Theme | Bonds (broad) |
| Assets under management | $705M |
| Expense ratio | 0.40% |
| Number of holdings | 3 |
| Portfolio turnover | 0% |
| Inception | Jan 2, 2024 |
| Exchange | NYSE |
The fund pursues its investment objective by investing primarily in U.S. dollar denominated, investment-grade, fixed-income securities. In addition, the fund may invest in high-yield, non-U.S. dollar denominated, and emerging market fixed-income securities when Federated Investment Management Company considers the risk-return prospects of those sectors to be attractive.
FTRB top holdings
| Holding | Sector | Weight |
|---|---|---|
| iShares MBS ETF MBB | – | 12.89% |
| Vanguard Mortgage-Backed Securities Index Fund ETF Shares VMBS | – | 7.13% |
| FEDHMS ULTRASHORT BOND ETF FUSD | – | 1.33% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
FTRB sector breakdown
| Sector | Weight |
|---|---|
| Industrials | 100.0% |
By region: Europe Developed 56.3%, North America 43.7%.
FTRB returns and risk
| Year to date | -2.4% |
|---|---|
| 1 year | -1.6% |
| Volatility (3 years) | 0.0% |
| Sharpe ratio (3 years) | 0.00 |
Past returns do not guarantee future results.
FTRB: frequently asked questions
What does FTRB invest in?
Federated Hermes Total Return Bond Fund invests in a portfolio of securities. Its largest holdings are iShares MBS ETF (12.9%), Vanguard Mortgage-Backed Securities Index Fund ETF Shares (7.1%), FEDHMS ULTRASHORT BOND ETF (1.3%).
What is the FTRB expense ratio?
0.40% a year: about $40.00 for every $10,000 invested.
What is the FTRB dividend yield?
4.67%. ATLAS does not hold the exact distribution dates for ETFs.
Will FTRB go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 70%, with a likely range (50%) of $24.45 to $24.81 from $24.49 today. It is a probability, not a prediction.
How has FTRB performed?
Year to date -2.4%, one year -1.6%. Past returns do not guarantee future results.
Similar ETFs: Bonds (broad)
- Vanguard Total Bond Market ETF (BND)
- Vanguard Tax-Exempt Bond ETF (VTEB)
- Vanguard Short-Term Bond ETF (BSV)
- JPMorgan Equity Premium Income ETF (JEPI)
- JPMorgan Nasdaq Equity Premium Income ETF (JEPQ)
- Vanguard Intermediate-Term Bond ETF (BIV)
- NEOS S&P 500 High Income ETF (SPYI)
- Dimensional Core Fixed Income ETF (DFCF)
Educational information, not investment advice. Disclaimer