Federated Project & Trade Finance Tender Fund
XPTFX
NASDAQ- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 4000 Ericsson Drive Warrendale PA United States of America 15086-7561
- IPO Date
- Feb 1, 2017
- CIK
- 0001677615
- Website
- federatedinvestors.com
- Similar Companies
- Business
- Federated Project & Trade Finance Tender Fund (XPTFX) is a mutual fund managed by Federated Hermes, Inc., that seeks total return through a combination of current income, capital appreciation, and opportunistic trading strategies focused on project and trade finance opportunities. The fund invests primarily in short-term debt instruments, including bank loans, trade finance notes, letters of credit, and other structured finance products related to infrastructure projects, commodity trade, and emerging market financing; it employs an active management approach with a focus on floating-rate securities, high-yield bonds, and opportunistic equity investments in sponsor-backed projects. Federated Hermes, the fund's investment manager, offers these services through a diversified suite of fixed-income and alternative strategies targeting institutional and retail investors across North America and select international markets. Headquartered in Pittsburgh, Pennsylvania, Federated Hermes was founded in 1955 and operates globally with offices in Europe, Asia, and the Americas. In recent developments, the fund has benefited from Federated Hermes' strategic expansion into sustainable finance, including the launch of ESG-integrated project finance offerings in 2024; the firm completed the acquisition of certain ESG investment capabilities from another asset manager in early 2025, enhancing its trade finance platform; additionally, Federated Hermes announced a rebranding and organizational realignment in mid-2025 to streamline its alternative investment segments amid heightened demand for trade finance amid global supply chain shifts.