Federated(US:FHI) Benzingaยท2025-10-08 12:32Core Viewpoint - Federated Hermes, Inc. has launched the Federated Hermes Enhanced Income ETF, aiming to provide investors with distributions from equity holdings and net premiums from call spread writing [1][2]. Company Overview - Federated Hermes is a global leader in active investment management, managing $845.7 billion in assets as of June 30, 2025, and offering a range of investment solutions to over 10,000 institutions and intermediaries worldwide [5]. - The company is headquartered in Pittsburgh and employs more than 2,000 staff across various global offices [5]. ETF Details - The Federated Hermes Enhanced Income ETF is designed for investors seeking consistent monthly cash flow and a disciplined risk management approach, particularly appealing to those in or near retirement [2]. - The ETF aims to deliver high current income with a secondary goal of capital appreciation, primarily investing in high-dividend-paying common stocks and employing an options overlay strategy [2][3]. - The ETF combines a high-quality dividend portfolio with an actively managed options overlay, allowing it to serve multiple roles in an investment portfolio [3]. Management Team - The ETF is managed by experienced investment teams, including Dana Meissner, CFA, FRM, CAIA, and Damian McIntyre, CFA, FRM, CAIA from the Multi-Asset Investment Team, along with Daniel Peris, Ph.D., CFA, and others from the Strategic Value Dividend Team [3]. Market Position - As of September 30, 2025, Federated Hermes manages over $1.2 billion in ETF assets, indicating a strong presence in the ETF market [4]. - The company is committed to expanding its ETF lineup to meet investor demand and preferences across various market conditions [7].