Federated Hermes launches active ETF for investors seeking consistent monthly distribution (FHI:NYSE)

Core Viewpoint - Federated Hermes has launched an active ETF aimed at providing income through equity holdings and call spread writing [1] Group 1 - The new product is named Federated Hermes Enhanced Income ETF (PAYR) [1] - The ETF is designed to deliver distributions from underlying equity holdings [1] - The ETF also generates income from net premiums received from call spread writing [1]