# Federated Hermes Adjustable Rate Fund

Federated Hermes Adjustable Rate Fund is a registered fund series of Federated Hermes Adjustable Rate Securities Trust (series S000009087). Net assets $435.5M as of 2026-05-31.

## Profile

- Series ID: S000009087
- Registrant: Federated Hermes Adjustable Rate Securities Trust
- LEI: 254900U874VBGWF0JD12
- Net assets: $435.5M
- Total assets: $456.3M
- As of: 2026-05-31

## Advisers

- [Federated Investment Management Company (Advisor)](https://search.stillhousedata.com/firm/105138)
- [Federated Advisory Services Company (Advisor)](https://search.stillhousedata.com/firm/128611)

## Top holdings (200 reported)

_Showing 15 of 200 holdings by value._

| Holding | Ticker | Value | % of fund |
| --- | --- | --- | --- |
| [FEDERATED HERMES MONEY MARKET OBLIGATIONS TRUST](https://search.stillhousedata.com/security/608919718) | GOFXX | $38.6M | 886.04% |
| [Government National Mortgage Association](https://search.stillhousedata.com/security/38385JLQ4) | — | $19.5M | 448.01% |
| [Government National Mortgage Association](https://search.stillhousedata.com/security/38385N4C5) | — | $15.0M | 343.71% |
| [Government National Mortgage Association](https://search.stillhousedata.com/security/38384MPN1) | — | $13.0M | 298.62% |
| [Government National Mortgage Association](https://search.stillhousedata.com/security/38385JZ48) | — | $9.7M | 223.12% |
| [Fannie Mae](https://search.stillhousedata.com/security/3136B6WD1) | — | $8.7M | 199.80% |
| [Fannie Mae](https://search.stillhousedata.com/security/3136B5ZG3) | — | $8.5M | 195.58% |
| [Freddie Mac](https://search.stillhousedata.com/security/3137H9SH3) | — | $8.4M | 193.49% |
| [Government National Mortgage Association](https://search.stillhousedata.com/security/38385LM47) | — | $7.4M | 170.72% |
| [United States Treasury](https://search.stillhousedata.com/security/91282CNE7) | — | $7.0M | 160.67% |
| [Freddie Mac](https://search.stillhousedata.com/security/3137HQ4X6) | — | $6.9M | 158.26% |
| [Government National Mortgage Association](https://search.stillhousedata.com/security/38384JQK3) | — | $6.8M | 156.18% |
| [Fannie Mae](https://search.stillhousedata.com/security/3136A2N41) | — | $6.5M | 150.19% |
| [Freddie Mac](https://search.stillhousedata.com/security/3137HKMB7) | — | $6.5M | 148.65% |
| [Government National Mortgage Association](https://search.stillhousedata.com/security/38385NK52) | — | $6.5M | 148.57% |

## Net asset history

| Report date | Net assets |
| --- | --- |
| 2026-05-31 | $435.5M |
| 2026-02-28 | $389.3M |
| 2025-11-30 | $341.6M |
| 2025-08-31 | $313.5M |
| 2025-05-31 | $296.6M |
| 2025-02-28 | $254.9M |
| 2024-11-30 | $199.9M |
| 2024-08-31 | $171.4M |

## More

- [Registrant: Federated Hermes Adjustable Rate Securities Trust](https://search.stillhousedata.com/registrant/771524)
- [This page as markdown (for LLM agents)](https://search.stillhousedata.com/fund/S000009087.md)
- [Search all SEC filings, advisers and people on Adviser Search](https://search.stillhousedata.com/)

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Source: public SEC filing data via Adviser Search (https://search.stillhousedata.com).
Agents: this data is also queryable via MCP tools and read-only SQL — see https://search.stillhousedata.com/llms.txt.