Federated Hermes Unconstrained Credit Fund

Select share classes

Federated Hermes Unconstrained Credit Fund Class F GBP Accumulating Hedged

Category Global Flexible Bond - GBP Hedged

This fund can be held in an Investment ISA, SIPP and Investment Account

Last buy/sell price

£1.333/£1.333

arrow-up£0.001 (+0.10%)

Fund Code

HEUHA

BFB40T4

IE00BFB40T42

Prices updated as at 11 Dec 2025

Prices in GBP

Investment objective

The investment objective of the Fund is to generate capital growth and a high level of income over the long term.

Important notice: This product is based overseas and is not subject to UK sustainable investment labelling and disclosure requirements. Please refer to the FCA website which details further information in relation to sustainability disclosure requirements for retail clients.

Important documents: Please ensure that you have read the Key Information Document/Technical Guide , Pre-sale Illustrations document & Doing Business with Fidelity document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found within the Charges & documents section.

Portfolio as of 31/10/2025

Asset allocation

Show long & short position

Geographical breakdown

Continent or country allocation (%)

Market classification (%)

Fixed income style
High ltd
0.00%
% Weight
Ltd
Mod
Ext
High
0
0
0
Medium
0
0
0
Low
0
0
0
Interest rate risk
Bond %
Avg credit quality -
Avg wtd coupon 4.85
Modified duration -
Credit quality breakdown
Rating % of Bond
No Data

	Bond %
Avg credit quality	-
Avg wtd coupon	4.85
Modified duration	-

Rating	% of Bond
No Data

Valuation

Federated Hermes Unconstrained Credit Fund Class F GBP Accumulating Hedged

Global Flexible Bond - GBP Hedged

18.28

2.06

0.24

0.25

0.80

1.11

2.78

4.41

Growth rate

Federated Hermes Unconstrained Credit Fund Class F GBP Accumulating Hedged

Global Flexible Bond - GBP Hedged

-

12.71%

1.20%

0.33%

7.10%

47.22%

Top 10 holdings

Sector

-

Country

Ireland

% of assets

0.75237

Sector

-

Country

Ireland

% of assets

0.75048

Sector

-

Country

United States

% of assets

0.7421

Sector

-

Country

Luxembourg

% of assets

0.73983

Sector

-

Country

Brazil

% of assets

0.70136

Sector

-

Country

Ireland

% of assets

0.64314

Sector

-

Country

Brazil

% of assets

0.64199

Sector

-

Country

Austria

% of assets

0.63321

Sector

-

Country

United States

% of assets

0.62265

Sector

-

Country

Austria

% of assets

0.62159

Assets in top 10 holdings %

6.85%

Total no. of equity holdings

2.00

Total no. of bond holdings

332.00

Stock sectors

Federated Hermes Unconstrained Credit Fund Class F GBP Accumulating Hedged

Global Flexible Bond - GBP Hedged

0.00%

Basic materials

-

Con cyclical

-

Financial svs

-

Real estate

-

100.00%

Comm services

53.23%

-

Energy

-

Industrials

46.77%

-

Technology

-

0.00%

Con defensive

-

Healthcare

-

Utilities

-

Important Information

Investment values, and income from investments, can go down as well as up, so you may get back less than you invest. This is not a personal recommendation for a specific investment. If you're not sure which investments are suitable for you, consult Fidelity's advisers or another authorised financial adviser. The information contained herein: is proprietary to Morningstar and/or its content providers; may not be copied or distributed; and is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

Any ESG-related information, methodologies, tools, ratings, data and opinions contained or reflected herein are not directed to or intended for use or distribution to India-based clients or users and their distribution to Indian resident individuals or entities is not permitted, and Morningstar accepts no responsibility or liability whatsoever for the actions of third parties in this respect.