FUSD ETF — Federated Hermes Ultrashort Bond ETF

Federated Hermes Ultrashort Bond ETF (FUSD)

FUSD is a low-cost ETF. its distribution rate is 4.56%, its trailing-12-month yield is 0.74%, its expense ratio is 0.18%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is 3.6% over the past 0.2 years, 2.2 points behind SPY at 5.8%.

At the current 4.56% distribution rate, a $10,000 investment would generate approximately $456 per year.

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

Price and return data through 2026-09-21.

Total return is 3.6% over the past 0.2 years, 2.2 points behind SPY at 5.8%.

FUSD key facts

Distribution Safety Score™

50 · Unproven

Issuer

Federated Hermes

Asset type

ETF

Asset class

Fixed Income

Inception date

06/24/2026

Expense ratio

0.18%

Distribution rate

4.56%

Trailing yield

0.74%

Last close

$25.73 (as of 2026-09-21)

NAV

$24.98

Premium / discount

3.00% premium

AUM

$25,493,432

Average volume

16123.0

Last dividend

$0.095

Last ex-dividend date

08/31/2026

P/E ratio

24.4532

How Dividend Vision calculates yield and returns

Distribution rate (4.56%) 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 (0.74%) 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. 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.

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.

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 securities from Federated Hermes.