Federated Hermes Debuts Active Ultrashort Bond ETF

Federated Hermes has launched the Federated Hermes Ultrashort Bond ETF (FUSD), an actively managed fund focused on generating income while limiting interest-rate risk. The ETF invests primarily in diversified investment-grade debt securities and maintains an effective duration of one year or less. Managed by the firm’s low-duration fixed-income team, FUSD uses active sector allocation, security selection, and interest-rate positioning to seek attractive yields and total return, offering investors a step beyond traditional cash alternatives in uncertain rate environments.