# Federated Hermes Ultrashort Bond A (FULAX)

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

**Price:** USD 9.23 (+0.00% on the day) · last close of Oct 23, 2026; US market closed, not a live price. Prev close 9.23 · day 9.23–9.23 · 52w 9.22–9.33 · market cap null · NAS

## Key facts
- Total return with dividends: 1Y +3.5% vs S&P 500 +13.4%; 5Y +19.3% vs S&P 500 +76.9%.

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-24) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | +3.5% | +19.3% |
| S&P 500 (SPY) | +13.4% | +76.9% |
| Per year | +3.5% | +3.6% |
| Volatility (annualized) | 1.6% | 1.4% |
| Max drawdown | -0.7% (Aug 2026→Sep 2026) | -2.1% (Nov 2021→Oct 2022) |

## Peers
FMUUX (Federated Hermes Municipal Ultr) USD 9.98 +0.00% · FGUAX (Federated Hermes Government Ult) USD 9.71 -0.00% · FISAX (F.I.S.T. Adjustable U.S. Govern) USD 7.45 +0.00% · FHIIX (Federated Hermes High Income Bo) USD 6.62 +0.00% · PSHAX (PIMCO Fds Short-Term Cl A) USD 9.67 -0.00%

## More
Full page: https://nexqual.com/FULAX · 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