Federated Hermes (FRA:3KC) Mutual Fund Assets (USD Mil) : 0.00 (As of . 20)

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What is Federated Hermes Mutual Fund Assets (USD Mil)?

Mutual Fund Assets (USD Mil) are asset management companies' holding in mutual fund. Its volume reflects the portfolio structure of the company.

The historical rank and industry rank for Federated Hermes's Mutual Fund Assets (USD Mil) or its related term are showing as below:

FRA:3KC's Mutual Fund Assets (USD Mil) is not ranked ^*
in the Asset Management industry.
Industry Median:
* Ranked among companies with meaningful Mutual Fund Assets (USD Mil) only.

Federated Hermes Mutual Fund Assets (USD Mil) Historical Data

The historical data trend for Federated Hermes's Mutual Fund Assets (USD Mil) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Federated Hermes Mutual Fund Assets (USD Mil) Chart

Federated Hermes (FRA:3KC) Mutual Fund Assets (USD Mil) Explanation

A mutual fund is an open-end professionally managed investment that pools money from many investors to purchase securities. Each shareholder, therefore, participates proportionally in the gains or losses of the fund. Asset management companies can be the buyer or issuer of a mutual fund. If it's the former, the company will take the earnings of the mutual fund. If it’s the latter, the company will earn the administration fee, which is a more stable income source.

Mutual funds pool money from the investing public and use that money to buy other securities, usually stocks and bonds. The value of the mutual fund company depends on the performance of the securities it decides to buy. The price of a mutual fund share is referred to as the net asset value (NAV) per share.

Federated Hermes Mutual Fund Assets (USD Mil) Related Terms

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Federated Hermes (FRA:3KC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Federated Hermes Inc (FRA:3KC) » Definitions » Mutual Fund Assets (USD Mil)

Comparable Companies

Traded in Other Exchanges

FHI:USA

Address

1001 Liberty Avenue, Pittsburgh, PA, USA, 15222-3779

Website

https://www.federatedhermes.com

Federated provides asset management services for institutional and individual investors. The company had $715.2 billion in managed assets at the end of September 2023, composed of equity (11%), multi-asset (less than 1%), fixed-income (13%), alternative (3%), and money market (73%) funds. That said, the firm's cash-management operations are expected to generate around 46% of Federated's revenue this year, compared with 31%, 12%, and 11%, respectively, for the firm's equity, fixed-income, and alternatives/multi-asset operations. From a channel perspective, the company's products are distributed via trust banks, wealth managers and retail broker/dealers (63% of AUM), institutional investors (27%), and international clients (10%).

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