FFRSX

ActiveMin. $1M

Federated Hermes Floating Rate Strategic Income Fund

Category: US Equity (9,528 funds)

Expense Ratio

0.74%

Annual Cost per $10K

$74.00

30-Year Fee Drag per $10K

$14,307

at 7% annual return

Fund Type

Mutual Fund

Active · Min: $1M

Trailing 12-Month

+5.95%

Asset Allocation

US Equity

80%

US Bond

18%

Cash

Fee Comparison

FFRSX

0.74%

US Equity average

1.06%

US Equity cheapest

BKLC

0.00%

Index benchmark

0.03%

30% cheaper than category average

Historical Returns

Monthly total returns (dividends reinvested) from SEC N-PORT filings · As of December 2025 · Updated quarterly

+24.15%3Y

Compare to

Fee Impact Calculator

Investment

Years

Annual Return

FFRSX at 0.74%$309,075

At index rates (0.03%)$377,424

Zero fees (theoretical)$380,613

Total fee drag$71,537

Cost vs index fund−$68,349

Similar Funds (100)

Ranked by allocation similarity weighted by fund size · Returns (dividends reinvested) from SEC N-PORT filings · As of December 2025

Ticker	Name	ER	1yr	3yr	5yr
FFRSX	Federated Hermes Floating Rate Strategic Income Fund	0.74%	+5.95%	+7.48%	+4.67%
AAFTX	American Funds 2035 Target Date Retirement Fund	0.67%	+15.82%	+15.87%	+10.58%
ACIIX	Equity Income Fund	0.59%	+7.73%	+9.09%	+9.97%
CGIOX	Calamos Growth & Income Fund	0.73%	+22.36%	+19.50%	+14.61%
FFRLX	Federated Hermes Floating Rate Strategic Income Fund	0.73%	+5.85%	+7.48%	+4.68%
MXMPX	Empower Moderate Profile Fund	0.90%	+10.27%	+10.72%	+7.74%
MXCPX	Empower Conservative Profile Fund	0.76%	+6.77%	+7.31%	+4.24%
EKBDX	Allspring Diversified Capital Builder Fund	1.01%	+12.78%	+21.90%	+12.65%
FCTDX	Strategic Advisers Fidelity U.S. Total Stock Fund	0.28%	+14.87%	+19.68%	+14.70%
JEPQ	JPMorgan Nasdaq Equity Premium Income ETF	0.35%	+17.57%	+23.05%	—
AWSHX	Washington Mutual Investors Fund	0.31%	+16.27%	+17.94%	+16.70%
AICCX	Investment Co of America	0.32%	+19.77%	+23.76%	+16.99%
FSLTX	Strategic Advisers Alternatives Fund	1.56%	+7.58%	+4.51%	—
AAETX	American Funds 2030 Target Date Retirement Fund	0.66%	+14.18%	+13.98%	+9.03%
JEPI	JPMorgan Equity Premium Income ETF	0.35%	+5.28%	+10.32%	+10.93%
FSAKX	Strategic Advisers U.S. Total Stock Fund	0.21%	+14.73%	—	—
VWENX	VANGUARD WELLINGTON FUND	0.17%	+12.65%	+13.05%	+9.43%
MXDPX	Empower Moderately Conservative Profile Fund	0.82%	+8.51%	+8.99%	+6.02%
AFMFX	American Mutual Fund	0.57%	+13.05%	+13.96%	+14.17%
AMCFX	AMCAP Fund	0.43%	+16.67%	+19.85%	+11.43%
TRAIX	T. Rowe Price Capital Appreciation Fund	0.58%	+11.52%	+14.47%	+11.39%
CAPAX	Federated Hermes Capital Income Fund	0.89%	+9.37%	+9.33%	+6.24%
BLPAX	American Funds Moderate Growth and Income Portfolio	0.93%	+15.22%	+14.72%	+9.87%
TIBOX	Thornburg Investment Income Builder Fund	0.84%	+30.88%	+23.10%	+18.21%
CTAKX	American Funds College 2036 Fund	0.43%	+16.21%	+17.43%	+10.67%
AAGTX	American Funds 2040 Target Date Retirement Fund	0.68%	+18.44%	+18.13%	+12.03%
FAIRX	The Fairholme Fund	1.00%	-8.14%	+10.92%	+10.38%
CIPAX	American Funds Conservative Growth and Income Portfolio	0.88%	+11.79%	+11.52%	+8.53%
MXLYX	Empower Lifetime 2015 Fund	0.76%	+8.79%	+9.01%	+5.50%
FSMAX	Fidelity Extended Market Index Fund	0.03%	+15.93%	+14.81%	+10.31%
IWR	iShares Russell Mid-Cap ETF	0.18%	+11.22%	+14.11%	+12.27%
TRQZX	T. Rowe Price Mid-Cap Growth Fund, Inc.	0.61%	+4.84%	+11.94%	+7.88%
VDAFX	Dynamic Allocation Fund	0.83%	+7.73%	+10.35%	+5.96%
PEIYX	Putnam Large Cap Value Fund	0.63%	+13.21%	+17.09%	+15.02%
TSPNX	T. Rowe Price Spectrum Income Fund	0.46%	+6.81%	+7.60%	—
BTBFX	Boston Trust Asset Management Fund	0.80%	+7.18%	+10.63%	+8.93%
JEPAX	JPMorgan Equity Premium Income Fund	0.45%	+4.61%	+9.72%	+10.32%
OAZMX	Oakmark Fund	0.63%	+15.26%	+20.02%	—
FSSNX	Fidelity Small Cap Index Fund	0.03%	+14.60%	+12.12%	+11.60%
JULCX	Multimanager Lifestyle Conservative Portfolio	0.82%	+6.48%	+6.96%	+3.42%
FRDPX	Franklin Rising Dividends Fund	0.83%	+9.76%	+12.44%	+12.30%
STFBX	State Farm Balanced Fund	0.14%	+12.08%	+13.44%	—
JVMAX	Disciplined Value Mid Cap Fund	0.74%	+10.03%	+12.85%	+14.86%
PRDGX	T. Rowe Price Dividend Growth Fund, Inc.	0.64%	+11.32%	+13.69%	+13.27%
DFSTX	U.S. SMALL CAP PORTFOLIO$1M min	0.27%	+7.23%	+10.67%	+14.17%
IWP	iShares Russell Mid-Cap Growth ETF	0.23%	+18.08%	+19.00%	+10.71%
FIQWX	Fidelity Strategic Dividend and Income Fund	0.56%	+7.94%	+10.11%	+9.25%
DFSVX	U.S. SMALL CAP VALUE PORTFOLIO$1M min	0.31%	+4.79%	+9.95%	+18.26%
CGLGX	American Funds Growth and Income Portfolio	0.92%	+18.14%	+18.35%	+12.44%
TRZQX	T. Rowe Price Equity Income Fund	0.53%	+11.38%	+12.97%	—
FBCGX	Fidelity Blue Chip Growth K6 Fund	0.45%	+30.88%	+35.50%	+19.13%
IWN	iShares Russell 2000 Value ETF	0.24%	+9.57%	+8.98%	+13.57%
TRMIX	T. Rowe Price Mid-Cap Value Fund, Inc.	0.71%	+4.94%	+14.34%	+15.79%
DFFVX	U.S. Targeted Value Portfolio$1M min	0.29%	+6.73%	+10.50%	+18.14%
STILX	Federated Hermes Strategic Income Fund	0.63%	+6.24%	+6.87%	+3.09%
JHLAX	Multimanager Lifestyle Balanced Portfolio	0.91%	+8.72%	+10.40%	+6.87%
MERFX	The Merger Fund	1.56%	-3.52%	-35.79%	-33.41%
MXAGX	Empower Lifetime 2020 Fund	0.78%	+9.29%	+9.63%	+5.96%
MAMB	Monarch Ambassador Income ETF	1.26%	+3.90%	+3.51%	—
MXELX	Empower Lifetime 2025 Fund	0.81%	+10.13%	+10.45%	+6.60%
JABLX	Janus Henderson Balanced Portfolio$1M min	0.87%	+14.94%	+17.97%	+9.04%
PNAIX	T. Rowe Price All-Cap Opportunities Fund	0.66%	+18.62%	+22.63%	+15.82%
TRZVX	T. Rowe Price Small-Cap Value Fund, Inc.	0.64%	+7.01%	+8.70%	+11.40%
DTLGX	Large Company Growth Portfolio	1.30%	+29.54%	+30.57%	+16.98%
DFAT	Dimensional U.S. Targeted Value ETF	0.28%	+5.60%	+10.32%	—
RYNVX	Nova Fund	1.41%	+22.74%	+27.84%	+21.17%
IJK	iShares S&P Mid-Cap 400 Growth ETF	0.17%	+6.32%	+12.59%	+10.55%
FEIQX	Franklin Equity Income Fund	0.50%	+14.27%	+15.32%	+14.87%
CALF	Pacer US Small Cap Cash Cows 100 ETF	0.59%	-0.93%	+6.29%	+13.04%
CPATX	Counterpoint Tactical Income Fund	2.25%	+4.78%	+6.75%	+4.97%
DFSCX	U.S. MICRO CAP PORTFOLIO$1M min	0.41%	+8.95%	+10.82%	+15.49%
DFUV	Dimensional U.S. Marketwide Value ETF	0.21%	+9.94%	+12.11%	—
DFAS	Dimensional U.S. Small Cap ETF	0.27%	+7.15%	+10.35%	—
MXBPX	Empower Moderately Aggressive Profile Fund	0.99%	+11.75%	+12.39%	+9.27%
TQAIX	T. Rowe Price Integrated U.S. Small-Cap Growth Equity Fund	0.65%	+6.95%	+13.44%	+9.03%
BBVSX	Bridge Builder Small/Mid Cap Value Fund	0.38%	+8.12%	+11.62%	+14.54%
EQTIX	Shelton Equity Income Fund	0.67%	+9.39%	+14.44%	+12.27%
FTCFX	American Funds College 2033 Fund	0.39%	+12.98%	+13.82%	+8.49%
NLSAX	Neuberger Berman Long Short Fund	1.68%	+9.73%	+9.55%	+6.76%
QLD	ProShares Ultra QQQ	0.95%	+28.75%	+39.24%	+19.14%
RMQAX	Monthly Rebalance NASDAQ-100 2x Strategy Fund	1.42%	+40.59%	+53.26%	+27.40%
JAVAX	JAMES AGGRESSIVE ALLOCATION FUND	1.02%	+15.41%	+19.35%	+12.56%
PPIPX	T. Rowe Price Spectrum Conservative Allocation Fund	0.56%	+7.96%	+9.01%	+5.30%
SPLV	Invesco S&P 500 Low Volatility ETF	0.25%	+5.23%	+7.43%	+8.24%
FDSSX	Fidelity Stock Selector Fund	0.49%	+18.45%	+20.07%	+15.33%
SHISX	BlackRock Health Sciences Opportunities Portfolio	1.15%	-8.85%	+5.97%	+4.29%
HRAFX	Hartford Moderately Aggressive Allocation Fund	0.68%	+17.65%	+16.82%	+11.14%
XMHQ	Invesco S&P MidCap Quality ETF	0.25%	+4.45%	+16.40%	+15.03%
OAZLX	Oakmark Select Fund	0.73%	+15.29%	+20.57%	—
XFBRX	VIP Mid Cap Portfolio	0.82%	+9.10%	+13.98%	+13.79%
JHLMX	Multimanager Lifestyle Moderate Portfolio	0.86%	+7.52%	+8.56%	+5.16%
NICSX	Nicholas Fund, Inc.	0.70%	+5.92%	+21.26%	+13.64%
PZHEX	T. Rowe Price Hedged Equity Fund	0.46%	+12.94%	—	—
CEYRX	Calvert Equity Fund	0.58%	+6.55%	+12.06%	+10.35%
AASRX	American Beacon Small Cap Value Fund	0.77%	+1.22%	+7.53%	+13.85%
LGLOX	Lord Abbett Growth Leaders Fund	0.59%	+37.54%	+30.75%	+13.93%
IJT	iShares S&P Small-Cap 600 Growth ETF	0.18%	+5.13%	+9.00%	+10.41%
SVFIX	Smead Value Fund	0.90%	—	—	—
RYCCX	NASDAQ-100 2x Strategy Fund	1.74%	+35.15%	+49.43%	+24.38%
HFMVX	THE HARTFORD MIDCAP FUND	0.73%	+4.81%	+8.14%	+5.35%
PPA	Invesco Aerospace & Defense ETF	0.58%	+39.71%	+28.44%	+24.82%

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