Federated Hermes Enhanced Income ETF (PAYR)
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Federated Hermes launches active ETF for investors seeking consistent monthly distribution (FHI:NYSE)
Seeking Alphaยท 2025-10-08 13:45
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]