0001145549-24-036196.txt : 20240607 0001145549-24-036196.hdr.sgml : 20240607 20240607120644 ACCESSION NUMBER: 0001145549-24-036196 CONFORMED SUBMISSION TYPE: N-CEN PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20240331 FILED AS OF DATE: 20240607 DATE AS OF CHANGE: 20240607 EFFECTIVENESS DATE: 20240607 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Federated Hermes Project & Trade Finance Tender Fund CENTRAL INDEX KEY: 0001677615 ORGANIZATION NAME: IRS NUMBER: 812971155 FILING VALUES: FORM TYPE: N-CEN SEC ACT: 1940 Act SEC FILE NUMBER: 811-23174 FILM NUMBER: 241028173 BUSINESS ADDRESS: STREET 1: 4000 ERICSSON DRIVE CITY: WARRENDALE STATE: PA ZIP: 15086-7561 BUSINESS PHONE: 1-800-341-7400 MAIL ADDRESS: STREET 1: 4000 ERICSSON DRIVE CITY: WARRENDALE STATE: PA ZIP: 15086-7561 FORMER COMPANY: FORMER CONFORMED NAME: Federated Project & Trade Finance Tender Fund DATE OF NAME CHANGE: 20160620 N-CEN 1 primary_doc.xml X0404 N-CEN LIVE 0001677615 XXXXXXXX true false false N-2 Federated Hermes Project & Trade Finance Tender Fund 811-23174 0001677615 254900KZZTQ7NIF5KQ63 Federated Hermes Funds 4000 Ericsson Drive Warrendale 15086-7561 US-PA US 8003417400 Federated Hermes Project & Trade Finance Tender Fund Federated Hermes Funds 4000 Ericsson Drive Warrendale 15086-7561 8003417400 Registrant - All records required to be maintained that are not maintained by other service providers. Federated Administrative Services 1001 Liberty Avenue Pittsburgh 15222-3779 4122881900 Administrator - Records include but are not limited to those related to calculation of NAV, income and expense accruals, securities pricing, preparation of regulatory documents, financial books and records, performance calculations and tax related documents. Federated Securities Corp. 1001 Liberty Avenue Pittsburgh 15222-3779 4122881900 Distributor - Records include but are not limited to trade blotters, asset and liability ledgers, income and expense ledgers, capital account ledgers, customer account ledgers, securities records, order tickets and trade confirmations. Federated Advisory Services Company 1001 Liberty Avenue Pittsburgh 15222-3779 4122881900 Advisor - All investment advisor records required to be maintained that are not maintained by other service providers. Federated Investment Management Company 1001 Liberty Avenue Pittsburgh 15222-3779 4122881900 Advisor - All investment advisor records required to be maintained that are not maintained by other service providers. State Street Bank and Trust Company 1 Iron Street Boston 02110 6177863000 Custodian - Fund securities and cash records SS&C GIDS, Inc. 1055 Broadway Blvd Kansas City 64105 8164351000 Transfer Agent and Dividend Disbursing Agent - Fund shareholder records Federated Hermes (UK) LLP 150 Cheapside London GB EC2V 6ET 4122881900 Sub Advisor - All investment advisor records required to be maintained that are not maintained by other service providers. N N N-2 Y John Carson N/A N Thomas R. Donahue N/A Y Madelyn A. Reilly N/A N John S. Walsh N/A N P. Jerome Richey N/A N Thomas M. O'Neill N/A N Maureen Lally-Green N/A N G. Thomas Hough N/A N John T. Collins N/A N J. Christopher Donahue 000814703 Y Stephen Van Meter 006020413 1001 Liberty Avenue Pittsburgh 15222-3779 XXXXXX N N N N N N N Federated Securities Corp. 8-15561-1 000005009 254900FMT7XR4QROXG14 Y N KPMG LLP 00185 N/A N N N N N N N Federated Hermes Project & Trade Finance Tender Fund 254900KZZTQ7NIF5KQ63 N N/A N N N N N/A N/A N/A Rule 12d1-1 (17 CFR 270.12d1-1) Rule 32a-4 (17 CFR 270.32a-4) Rule 18f-4 (17 CFR 270.18f-4) Y Y N N Federated Advisory Services Company 801-62500 000128611 2549006YWZSXL9PUIY05 N Federated Investment Management Company 801-34612 000105138 549300SP92SGS5AXSV67 N Federated Hermes (UK) LLP 801-78591 000169087 549300P26ZSW59JDOM79 Y GB N SS&C GIDS, Inc. 084-00448 21B7QCD05XOK0YTYOP98 N N N S&P Global Inc. Y6X4K52KMJMZE7I7MY94 N N State Street Bank and Trust Company 571474TGEMMWANRLN572 N N Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) Clearstream Banking S.A. 549300OL514RA0SXJJ44 LU N Y Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7) State Street Bank and Trust Company (Edinburgh, GB, Branch) 571474TGEMMWANRLN572 GB N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) N SS&C GIDS, Inc. 21B7QCD05XOK0YTYOP98 N N N Federated Administrative Services 801-48206 SEC File Number Y N N Federated Securities Corp. 8-15561-1 000005009 254900FMT7XR4QROXG14 0.000000000000 0.000000000000 Citigroup Global Markets Inc. 8-08177-1 000007059 MBNUM2BPBDO7JBLYG310 4901666.670000000000 Morgan Stanley & Co. LLC 8-15869-1 000008209 9R7GPTSO7KV3UQJZQ078 26024995.990000000000 Deutsche Bank Securities Inc. 8-17822-1 000002525 9J6MBOOO7BECTDTUZW19 4985000.000000000000 HSBC Securities (USA) Inc. 8-41562-1 000019585 CYYGQCGNHMHPSMRL3R97 587112634.150000000000 ING Financial Markets LLC 8-43978-1 000028872 KBVRJ5K57JZ3E2AVWX40 866140.110000000000 J.P. Morgan Securities LLC 8-35008-1 000000079 ZBUT11V806EZRVTWT807 27937015.650000000000 State Street Bank and Trust Company N/A N/A 571474TGEMMWANRLN572 911316053.790000000000 1563143506.360000000000 N 593739974.443076000000 0.000000000000 Common stock Common Shares N N N N N N 0.500000000000 0.410000000000 9.910000000000 9.910000000000 true INTERNAL CONTROL RPT 2 icr_fedprojtradefintndr.htm INTERNAL CONTROL REPORT - FEDERATED HERMES PROJECT & TRADE FINANCE TENDER FUND

Report of Independent Registered Public Accounting Firm

To the Board of Trustees and Shareholders of Federated Hermes Project and Trade Finance Tender Fund:

In planning and performing our audit of the financial statements of Federated Hermes Project and Trade Finance Tender Fund (the Fund), as of and for the year ended March 31, 2024, in accordance with the standards of the Public Company Accounting Oversight Board (United States), we considered the Fund's internal control over financial reporting, including controls over safeguarding securities, as a basis for designing our auditing procedures for the purpose of expressing our opinion on the financial statements and to comply with the requirements of Form N-CEN, but not for the purpose of expressing an opinion on the effectiveness of the Fund's internal control over financial reporting. Accordingly, we express no such opinion.

Management of the Fund is responsible for establishing and maintaining effective internal control over financial reporting. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of controls. A company's internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles (GAAP). A company's internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with GAAP, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and trustees of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of the company's assets that could have a material effect on the financial statements.

Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.

A deficiency in internal control over financial reporting exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of a company’s annual or interim financial statements will not be prevented or detected on a timely basis.

Our consideration of the Fund's internal control over financial reporting was for the limited purpose described in the first paragraph and would not necessarily disclose all deficiencies in internal control that might be material weaknesses under standards established by the Public Company Accounting Oversight Board (United States). However, we noted no deficiencies in the Fund's internal control over financial reporting and its operation, including controls over safeguarding securities, that we consider to be a material weakness as defined above as of March 31, 2024.

This report is intended solely for the information and use of the management and the Board of Trustees of Federated Hermes Project and Trade Finance Tender Fund and the Securities and Exchange Commission and is not intended to be and should not be used by anyone other than these specified parties.

/s/ KPMG LLP

Boston, Massachusetts
May 23, 2024