See what your fund actually adds

Federated Hermes Floating Rate Strategic Income Fund Class A FRSAX

Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.

Fund and replication metrics

FRSAX compared with its replication portfolio
MeasureFRSAXReplication
Annualized growth3.7%4.8%
Annualized volatility2.2%2.6%
Sharpe ratio1.641.84
Maximum drawdown6.7%5.7%
Replication fit (R²)0.72 · Tracking error 1.2%

Replication portfolio

The published portfolio below is the investable basket used to model FRSAX’s historical return behavior.

FRSAX replication basket weights
TickerBuilding blockWeight
BKLNFI · Senior Bank Loans76.9%
VCSHFI · Short Corp20.6%
WTMFAlternatives · Mgt Futures2.5%