# Federated Hermes Float Rate Strat Inc A (FRSAX)

> Source: Nexqual · https://nexqual.com/FRSAX · data as of 2026-10-24 00:08 UTC · cite as "Nexqual, Federated Hermes Float Rate Strat Inc A (FRSAX), nexqual.com/FRSAX" · informational, not investment advice.

**Price:** USD 8.4 (-0.12% on the day) · last close of Oct 23, 2026; US market closed, not a live price. Prev close 8.41 · day 8.4–8.4 · 52w 8.4–8.58 · market cap null · NAS

## Key facts
- Total return with dividends: 1Y +3.3% vs S&P 500 +13.4%; 5Y +19.9% vs S&P 500 +76.9%.

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-24) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | +3.3% | +19.9% |
| S&P 500 (SPY) | +13.4% | +76.9% |
| Per year | +3.3% | +3.7% |
| Volatility (annualized) | 2.0% | 2.7% |
| Max drawdown | -1.1% (Jan 2026→Mar 2026) | -6.7% (Jan 2022→Jul 2022) |

## Peers
SVAAX (Federated Hermes Strategic Valu) USD 7.24 +0.00% · RFRAX (Columbia Floating Rate Fund Cla) USD 32.4 -0.00% · NFRAX (Nuveen Floating Rate Income Fun) USD 17.43 -0.00% · LFRAX (Lord Abbett Inv Tr, Lord Abbett) USD 7.89 +0.00% · FHIIX (Federated Hermes High Income Bo) USD 6.62 +0.00%

## More
Full page: https://nexqual.com/FRSAX · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt