
Federated Hermes Global Allocation Fund Class R Shares (FSBKX)
FSBKX Price Chart
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FSBKX Fund Profile
Key details and information about Federated Hermes Global Allocation Fund Class R Shares (FSBKX).
Sector Focus
Financial Services
Industry
Asset Management - Global
Inception Date
7 Apr 2003
Country
US
Description
This fund aims to provide a reasonable level of capital security while also seeking the opportunity for long-term asset appreciation and income. It achieves this by constructing a broadly diversified portfolio that includes various asset classes, such as stocks and bonds, with no limitations on the proportional allocation of each. A substantial portion of the fund's total holdings will typically be directed towards non-U.S. investments. Furthermore, the fund's assets are distributed across multiple global regions and countries, including the United States, but always ensuring exposure to at least three different nations.
FSBKX Fund Performance
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