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PRNewsWire
26 days ago
Federated Hermes launches active ETF targeting high monthly distributions
Federated Hermes Enhanced Income ETF leverages experience of tenured investment teams Federated Hermes strategically expands ETF lineup to meet client interests and objectives in a wide range of market conditions PITTSBURGH , Oct. 8, 2025 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active investing, today introduced Federated Hermes Enhanced Income ETF (CBOE: PAYR), which seeks to deliver to investors distributions from both its underlying equity holdings and net premiums received from call spread writing. Designed to help meet the needs of investors seeking a relatively consistent monthly cash flow and a disciplined approach to managing risk, Federated Hermes Enhanced Income ETF may be a compelling option for income-oriented investors, particularly those in or near retirement, with appropriate risk tolerance.