Federated Hermes Adviser Series has released a new SEC filing detailing its recent financial activities, specifically focusing on sales and redemptions. This report is significant as it provides insight into the company's current financial health and investor engagement.

Background

Federated Hermes Adviser Series is an investment company based in Warrendale, Pennsylvania. The company operates under the Central Index Key (CIK) 0001707560. It is known for managing various investment funds, including the Federated Hermes SDG Engagement Equity Fund. The company has undergone several name changes, with the most recent being in June 2020.

What the Filing Says

The filing, submitted on October 30, 2026, under the form type 24F-2NT, reveals that Federated Hermes Adviser Series reported an aggregate sale price of securities sold amounting to approximately $29,968,537. Additionally, the company noted that the aggregate price of securities redeemed or repurchased during the fiscal year reached about $121,797,508. The filing states, "total available redemption credits" were also reported as $121,797,508, with net sales recorded at $0.00.

Impact

This update may affect investors and stakeholders in the investment company sector, as it highlights the company's liquidity management and investor redemption trends. The significant amount of redemptions compared to sales could indicate shifts in investor sentiment or market conditions.

What's Next

The filing does not say what happens next.