FCSH ETF — Federated Hermes Short Duration Corporate ETF

Federated Hermes Short Duration Corporate ETF (FCSH)

Updated October 16, 2026.

FCSH is an ETF. its distribution rate is 4.38%, its trailing-12-month yield is 4.28%, its expense ratio is 0.30%. Dividend Vision Distribution Safety Score™ is 92/100 (Safe). Total return is 11.2% over the past 4.8 years, 65.6 points behind SPY at 76.8%.

Federated Hermes Short Duration Corporate ETF is a fund that invests primarily in investment-grade corporate debt securities, such as notes, bonds, and commercial paper, with at least 80% of assets allocated to corporate fixed-income investments. The fund offers a current distribution rate that is moderately high, paid monthly, and carries an expense ratio of 0.30%. It appeals to income-focused investors seeking regular monthly distributions from corporate debt exposure with limited interest rate sensitivity typical of short-duration bond strategies.

FCSH performance versus SPY

Price and return data through 2026-10-16.

Total return is 11.2% over the past 4.8 years, 65.6 points behind SPY at 76.8%. Over the past year its total return — price change plus distributions reinvested — is 0.9%. Its deepest 1-year drawdown was 1.9%.

FCSH key facts

Distribution Safety Score™

92 · Safe

Safety-Adjusted Yield

4.03%

Issuer

Federated Hermes

Asset type

ETF

Asset class

Fixed Income

Inception date

12/16/2021

Expense ratio

0.30%

Distribution rate

4.38%

Distribution frequency

Monthly

Trailing yield

4.28%

Last close

$23.77 (as of 2026-10-16)

AUM

$65,168,475

Average volume

6159.0

Dividend

$0.0867

Ex-dividend date

09/30/2026

Payment date

10/01/2026

Beta

0.41

How Dividend Vision calculates yield and returns

Distribution rate (4.38%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (4.28%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Federated Hermes; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

FCSH risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 1.9%.

Who may consider FCSH — and who may not

FCSH may suit someone looking for a high Distribution Safety Score, moderate current income with a quality tilt. It is a weaker fit for investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on FCSH

• All tickers starting with F

Tagged: Fixed Income.

Frequently asked questions

More securities from Federated Hermes.