- What does SBFIX invest in?
- This fund employs a comprehensive investment approach, diversifying its capital across a spectrum of asset classes, including but not limited to equities and fixed-income securities, with no fixed proportions. A substantial allocation of its total assets will generally target investments located outside the United States. The portfolio will be geographically distributed across various countries and regions globally, encompassing the U.S., and will always include exposure to a minimum of three distinct national markets.
- What is the expense ratio of SBFIX?
- Federated Hermes Global Allocation Fund (SBFIX) charges an expense ratio of 0.86%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is SBFIX?
- Federated Hermes Global Allocation Fund (SBFIX) is one share class of a fund that manages $279.8M across all of its share classes (FSBCX, FSBKX, FSTBX report the same total). Our data does not carry the assets of this share class alone. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.
- Is SBFIX actively managed or an index fund?
- SBFIX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (SBFIX's is 0.86%) in exchange for the discretion to over- or under-weight positions.
- When was SBFIX launched?
- Federated Hermes Global Allocation Fund (SBFIX) launched in June 2009 and is managed by Federated Hermes.
- How has SBFIX performed?
- SBFIX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
