Fund Evaluator:
Federated Hermes Enhanced Income ETF (PAYR)
Follow This Fund
Equity
Global Asset Class
Nontraditional Equity
Fund Group
Derivative Income - Diversified
Category
$0.000
NAV (as of )
$0.00
Minimum Initial
0.40% A
Expense Ratio
$91 Mil
Assets
Open
Status
0.00%
12b-1 Fee
4.45%
TTM Yield
0.00%
Max Load
0%
Portfolio Turnover
Best Performing in Derivative Income - Diversified Over the Last Year
| 26.7% | Cantor Fitzgerald Equity Div Plus Inst (FBPEX) |
| 16.7% | Vest S&P500 Div Aristocrats Trgt Inc Inv (KNGLX) |
| 14.1% | Goldman Sachs US Eq Div and Premium Inv (GVIRX) |
| 14.0% | Horizon Equity Premium Income Investor (HNDDX) |
| 12.9% | Madison Covered Call & Equity Income I (MENIX) |
Data as of 10/31/2026
9.4% A
1-Mo Return
3.8% A
3-Mo Return
19.9% A
YTD Return
24.9% A
1-Yr Return
na
3-Yr Return
na
5-Yr Return
na
Category Risk Index
na
Total Risk Index
Fund Details
Fund Family
Federated
Inception Date
10/7/2025
Share Class Type
Equity Investment Style
Large-Cap
Value
Bond Investment Style
na
Socially Responsible Fund
No
Index Fund
No
Benchmark Index
N/A: 100%
Additional Fund Details
Federated Hermes Enhanced Income ETF Overview
PAYR Trailing NAV Total Returns Data as of 10/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| PAYR Return (NAV) | 9.4% | 3.8% | 24.9% | na | na | na |
| PAYR Grade | A | A | A | na | na | na |
| +/- Category | 7.3% | 1.8% | 12.3% | na | na | na |
| Derivative Income - Diversified Avg | 2.1% | 2.0% | 12.6% | 15.1% | 8.0% | 9.0% |
| PAYR Tax Cost Ratio | na | na | 1.9% | na | na | na |
PAYR Annual NAV Total ReturnsData as of 10/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| PAYR Return (NAV) | 19.9% | na | na | na | na | na | na | na | na | na | na |
| PAYR Grade | A | na | na | na | na | na | na | na | na | na | na |
| +/- Category | 9.7% | na | na | na | na | na | na | na | na | na | na |
| Derivative Income - Diversified Avg | 10.2% | 12.3% | 12.9% | 12.5% | -8.1% | 20.3% | 5.0% | 19.1% | -6.7% | 14.4% | 9.7% |
| Risk Measures | |
| Standard Deviation: | na |
| Total Risk Index: | na |
| Category Risk Index: | na |
| Category Risk Grade: | |
| Beta: | na |
| R-Squared: | na |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Value |
| Bond Investment Style: | na |
| Yield: | 4.5% |
| Dividend Distribution: | Monthly |
| Cap Gains Distribution: | Annually |
| Total Assets: | $91 Mil |
| Fund Total Assets: | $ 91 Mil |
| Share Class Type: | |
| Portfolio Turnover: | 0% |
Management Team
| Number of Managers: 6 | |||
| Longest Tenure: 1.1 years | |||
| Average Tenure: 1.1 years | |||
| Managers (Year): Peris Daniel (2025), Bickerstaff Deborah (2025), Hoff Jared (2025), McIntyre Damian (2025), Meissner Dana (2025), Tucker Michael (2025) | |||
Portfolio Composition (as of 10/30/26)
| # of Holdings: | 62 |
| % in Top 10 Holdings: | 32.9% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 21.5% |
Portfolio Allocation |
|
| Domestic Stock: | 74.3% |
| Foreign Stock: | 21.5% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 4.2% |
Purchase Information
| Fund Family: | Federated |
| Phone Number: | 800-341-7400 |
| Website: |
| Status: | Open |
| Inception Date: | October 7, 2025 |
| Min. Initial Purchase: | $ 0 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 0.00% |
Expenses and Fees | |
| Expense Ratio (%): | 0.40% ( Rating : Avg ) |
| Category Average Expense Ratio (%): | 1.12% |
| Share Class: | Federated Hermes Enhanced Income ETF |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
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