# Federated Hermes Conservative Microshort Fund

Federated Hermes Conservative Microshort Fund is a registered fund series of Federated Hermes Adviser Series (series S000070656). Net assets $305.9M as of 2026-05-31.

## Profile

- Series ID: S000070656
- Registrant: Federated Hermes Adviser Series
- LEI: 254900CWA9RK4W0R7Y46
- Net assets: $305.9M
- Total assets: $310.1M
- 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 (115 reported)

_Showing 15 of 115 holdings by value._

| Holding | Ticker | Value | % of fund |
| --- | --- | --- | --- |
| STANDARD CHARTERED 10 | — | $35.9M | 1173.86% |
| MUFG Securities Americas, Inc. | — | $15.1M | 492.14% |
| SG Americas Securities LLC | — | $15.1M | 492.14% |
| BNP Paribas SA | — | $15.1M | 492.14% |
| STANDARD CHARTERED 10 | — | $15.1M | 492.14% |
| [Energy Transfer LP](https://search.stillhousedata.com/security/29277FF14) | — | $10.0M | 326.81% |
| [Drive Auto Receivables Trust](https://search.stillhousedata.com/security/262103AE4) | — | $4.0M | 130.17% |
| [NEW YORK LIFE GLOBAL FDG](https://search.stillhousedata.com/security/64953BBV9) | — | $3.0M | 98.73% |
| [NEXTERA ENERGY CAPITAL](https://search.stillhousedata.com/security/65339KCL2) | — | $3.0M | 98.53% |
| [NextGear Floorplan Master Owner Trust](https://search.stillhousedata.com/security/65341KBY1) | — | $3.0M | 98.48% |
| [NextGear Floorplan Master Owner Trust](https://search.stillhousedata.com/security/65346CAA7) | — | $3.0M | 98.48% |
| [AMAZON.COM INC](https://search.stillhousedata.com/security/023135DA1) | — | $3.0M | 98.46% |
| [US BANK NA CINCINNATI](https://search.stillhousedata.com/security/90331HPT4) | — | $3.0M | 98.42% |
| [SYNOPSYS INC](https://search.stillhousedata.com/security/871607AA5) | — | $3.0M | 98.39% |
| [General Motors](https://search.stillhousedata.com/security/361886DB7) | — | $3.0M | 98.37% |

## Net asset history

| Report date | Net assets |
| --- | --- |
| 2026-05-31 | $305.9M |
| 2026-02-28 | $269.4M |
| 2025-11-30 | $272.0M |
| 2025-08-31 | $262.4M |
| 2025-05-31 | $230.2M |
| 2025-02-28 | $182.3M |
| 2024-11-30 | $165.3M |
| 2024-08-31 | $149.5M |

## More

- [Registrant: Federated Hermes Adviser Series](https://search.stillhousedata.com/registrant/1707560)
- [This page as markdown (for LLM agents)](https://search.stillhousedata.com/fund/S000070656.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.