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Federated Hermes Adjustable Rate Securities Trust

03/11/2026 | Press release | Distributed by Public on 03/11/2026 04:01

Summary Prospectus by Investment Company (Form 497K)

Federated Hermes Adjustable Rate Fund
A Portfolio of Federated Hermes Adjustable Rate Securities Trust
CLASS A SHARES (TICKER FEUGX)
INSTITUTIONAL SHARES (TICKER FEUNX)
SUPPLEMENT TO SUMMARY PROSPECTUS DATED OCTOBER 31, 2025
The following change is effective April 3, 2026.
Under the section entitled "Fund Summary Information" in the sub-section entitled "Fund Management," please add the following:
"J. Andrew Kirschler, Portfolio Manager, has been the Fund's portfolio manager since April of 2026."
March 10, 2026
 
Federated Hermes Adjustable Rate Fund
Federated Hermes Funds
4000 Ericsson Drive
Warrendale, PA 15086-7561
Contact us at FederatedHermes.com/us
or call 1-800-341-7400.
Federated Securities Corp., Distributor
Q457217 (3/26)
© 2026 Federated Hermes, Inc.
Federated Hermes Adjustable Rate Securities Trust published this content on March 11, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on March 11, 2026 at 10:01 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]