FUSD ETF — Federated Hermes Ultrashort Bond ETF

Federated Hermes Ultrashort Bond ETF (FUSD)

FUSD is a low-cost ETF. As of August 19, 2026, its distribution rate is 4.54%, its trailing-12-month yield is 0.38%, its expense ratio is 0.18%. Dividend Vision Distribution Safety Score™ is 50/100 (Caution). Fund total return is 0.6% over the past 0.1 years, 4.8 points behind SPY at 5.4%.

At the current 4.54% distribution rate, a $10,000 investment would generate approximately $454 per year, or $37.83 per month on an equivalent basis.

Federated Hermes Ultrashort Bond ETF is a fixed-income fund that tracks ultrashort-duration bonds, offering exposure to short-term debt securities with minimal interest-rate sensitivity. The fund currently distributes at a high rate with an expense ratio of 0.18%, though it does not maintain a regular distribution schedule. It appeals to income-focused investors seeking high current yields from a conservative, low-duration bond strategy.

FUSD performance versus SPY

Data as of August 19, 2026.

Fund total return is 0.6% over the past 0.1 years, 4.8 points behind SPY at 5.4%.

FUSD key facts

Data as of August 19, 2026.

Distribution Safety Score™

50 · Caution

Issuer

Federated Hermes

Asset type

ETF

Asset class

Fixed Income

Inception date

06/24/2026

Expense ratio

0.18%

Distribution rate

4.54%

Trailing yield

0.38%

Last close

$25.09

AUM

$25,485,012

Average volume

328.0

Last dividend

$0.0950

Ex-dividend date

07/31/2026

How Dividend Vision calculates yield and returns

Distribution rate (4.54%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (0.38%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 19, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of August 19, 2026.

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.

FUSD risks and drawbacks

Total return has trailed SPY over the available window.

Who may consider FUSD — and who may not

FUSD may suit someone looking for low-cost broad dividend exposure, 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.

Frequently asked questions

More funds from Federated Hermes.