THE
SECURITIES ACT OF 1933 |
||
Pre-Effective
Amendment No. |
☐ | |
Post-Effective
Amendment No. |
☐ |
THE
INVESTMENT COMPANY ACT OF 1940 |
||
Amendment
No. |
Check
box if the only securities being registered on this Form are being offered pursuant to dividend or interest reinvestment plans. |
Check
box if any securities being registered on this Form will be offered on a delayed or continuous basis in reliance on Rule 415 under the
Securities Act of 1933 (“Securities Act”), other than securities offered in connection with a dividend reinvestment plan.
|
Check
box if this Form is a registration statement pursuant to General Instruction A.2 or a post-effective amendment thereto. |
Check
box if this Form is a registration statement pursuant to General Instruction B or a post-effective amendment thereto that will become
effective upon filing with the Commission pursuant to Rule 462(e) under the Securities Act. |
Check
box if this Form is a post-effective amendment to a registration statement filed pursuant to General Instruction B to register additional
securities or additional classes of securities pursuant to Rule 413(b) under the Securities Act. |
when
declared effective pursuant to Section 8(c) of the Securities Act |
immediately upon filing
pursuant to paragraph (b) |
on (date) pursuant to paragraph
(b) |
60
days after filing pursuant to paragraph (a) |
on
(date) pursuant to paragraph (a) |
This
post-effective amendment designates a new effective date for a previously filed post-effective amendment. |
This
Form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, and the Securities Act
registration statement number of the earlier effective registration statement for the same offering is: |
This
Form is a post-effective amendment filed pursuant to Rule 462(c) under the Securities Act, and the Securities Act registration statement
number of the earlier effective registration statement for the same offering is: |
This
Form is a post-effective amendment filed pursuant to Rule 462(d) under the Securities Act, and the Securities Act registration statement
number of the earlier effective registration statement for the same offering is: |
Registered
Closed-End Fund (closed-end
company that is registered under the Investment Company Act of 1940 (“Investment Company Act”)). |
Business
Development Company (closed-end company that intends
or has elected to be regulated as a business development company under the Investment Company Act). |
Interval
Fund (Registered Closed-End Fund or a Business Development
Company that makes periodic repurchase offers under Rule 23c-3
under the Investment Company Act). |
A.2
Qualified (qualified to register securities pursuant to General Instruction A.2 of this Form). |
Well-Known
Seasoned Issuer (as defined by Rule 405 under the Securities Act). |
Emerging
Growth Company (as defined by Rule 12b-2 under the
Securities Exchange Act of 1934 (“Exchange Act”). |
☐ |
If
an Emerging Growth Company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of Securities Act. |
New
Registrant (registered or regulated under the Investment Company Act for less than 12 calendar months preceding this filing). |
|
Price
to Public 1 |
Maximum
Sales Load as
a Percentage of Purchase
Amount |
Proceeds
to Registrant 2 |
Per
Share |
At
Current NAV |
None |
Current
NAV |
Total |
$529,970,760.86 |
None |
$529,970,760.86 |
|
|
Shareholder
Transaction Expenses |
|
Sales
Load paid by you ( |
|
Annual
Expenses ( |
|
Management
Fee |
|
Other
Expenses 1 |
|
Acquired
Fund Fees and Expenses |
|
Total
Annual Fund Operating Expenses |
|
Fee
Waiver and/or Expense Reimbursements 2 |
( |
Total
Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursements |
|
1
Year |
$ |
3
Years |
$ |
5
Years |
$ |
10
Years |
$ |
|
Year
Ended March 31, |
Period Ended 3/31/2017 1 | ||||||
2024 |
2023 |
2022 |
2021 |
2020 |
2019 |
2018 | ||
Net
Asset Value, Beginning of Period |
$9.87 |
$9.80 |
$9.92 |
$9.71 |
$9.98 |
$10.00 |
$10.02 |
$10.01 |
Income
From Investment Operations: |
|
|
|
|
|
|
|
|
Net
investment income 2 |
0.78 |
0.46 |
0.19 |
0.25 |
0.39 |
0.45 |
0.28 |
0.02 |
Net
realized and unrealized gain (loss) |
0.08 |
0.12 |
(0.11) |
0.22 |
(0.27) |
(0.01) |
0.02 |
0.00 3 |
TOTAL
FROM INVESTMENT OPERATIONS |
0.86 |
0.58 |
0.08 |
0.47 |
0.12 |
0.44 |
0.30 |
0.02 |
Less
Distributions: |
|
|
|
|
|
|
|
|
Distributions
from net investment income |
(0.75) |
(0.51) |
(0.20) |
(0.26) |
(0.38) |
(0.45) |
(0.32) |
(0.01) |
Distributions
from net realized gain |
(0.07) |
(0.00) 3 |
(0.00) 3 |
(0.00) 3 |
(0.01) |
(0.01) |
(0.00) 3 |
__ |
TOTAL
DISTRIBUTIONS |
(0.82) |
(0.51) |
(0.20) |
(0.26) |
(0.39) |
(0.46) |
(0.32) |
(0.01) |
Net
Asset Value, End of Period |
$9.91 |
$9.87 |
$9.80 |
$9.92 |
$9.71 |
$9.98 |
$10.00 |
$10.02 |
Total
Return 4 |
9.04% |
6.07% |
0.80% |
4.91% |
1.13% |
4.42% |
3.04% |
0.22% |
Ratios
to Average Net Assets: |
|
|
|
|
|
|
|
|
Net
expenses 5 |
0.41% |
0.41% |
0.41% |
0.71% |
0.71% |
0.70% |
0.67% |
0.34% 6 |
Net
investment income |
7.77% |
4.70% |
1.94% |
2.57% |
3.94% |
4.44% |
2.74% |
1.37% 6 |
Expense
waiver/reimbursement 7 |
0.22% |
0.24% |
0.22% |
0.44% |
0.32% |
0.29% |
0.34% |
1.72% 6 |
Supplemental
Data: |
|
|
|
|
|
|
|
|
Net
assets, end of period (000 omitted) |
$608,323 |
$577,272 |
$560,685 |
$39,835 |
$63,873 |
$51,680 |
$49,484 |
$70,873 |
Portfolio
turnover 8 |
47% |
52% |
36% |
47% |
73% |
57% |
39% |
4% |
(1) Title
of Class |
(2) Amount
Authorized |
(3) Amount
held by the Fund or
for its Account |
(4) Amount
Outstanding Exclusive
of Amount Shown
Under (3) |
|
Unlimited |
|
|
FEDERATED
HERMES PROJECT AND TRADE FINANCE TENDER
FUND |
|
|
|
|
|
ANNUAL
EXPENSE RATIO: 0.65% |
|
|
|
|
|
MAXIMUM
FRONT-END SALES CHARGE: NONE |
|
|
|
|
|
Year |
Hypothetical Beginning Investment |
Hypothetical Performance Earnings |
Investment After Returns |
Hypothetical Expenses |
Hypothetical Ending Investment |
1 |
$1,000.00 |
$50.00 |
$1,050.00 |
$6.64 |
$1,043.50 |
2 |
$1,043.50 |
$52.18 |
$1,095.68 |
$6.93 |
$1,088.89 |
3 |
$1,088.89 |
$54.44 |
$1,143.33 |
$7.23 |
$1,136.26 |
4 |
$1,136.26 |
$56.81 |
$1,193.07 |
$7.55 |
$1,185.69 |
5 |
$1,185.69 |
$59.28 |
$1,244.97 |
$7.87 |
$1,237.27 |
6 |
$1,237.27 |
$61.86 |
$1,299.13 |
$8.22 |
$1,291.09 |
7 |
$1,291.09 |
$64.55 |
$1,355.64 |
$8.57 |
$1,347.25 |
8 |
$1,347.25 |
$67.36 |
$1,414.61 |
$8.95 |
$1,405.86 |
9 |
$1,405.86 |
$70.29 |
$1,476.15 |
$9.34 |
$1,467.01 |
10 |
$1,467.01 |
$73.35 |
$1,540.36 |
$9.74 |
$1,530.82 |
Cumulative |
|
$610.12 |
|
$81.04 |
|
|
|
|
|
|
|
Contents |
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38 |
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39 |
Name Birth
Date Positions
Held with Fund Date
Service Began |
Principal
Occupation(s) for Past Five Years, Other
Directorships Held and Previous Position(s) |
Aggregate Compensation From
Fund (past
fiscal year) |
Total
Compensation From
Fund and Federated
Hermes Complex (past
calendar year) |
J.
Christopher Donahue* Birth
Date: April 11, 1949 President
and Trustee Indefinite
Term Began
serving: August 2016 |
Principal
Occupations:
Principal Executive Officer and President of certain of
the Funds in the Federated Hermes Complex; Director or Trustee of the Funds
in the Federated Hermes Complex; President, Chief Executive Officer
and Director, Federated Hermes, Inc.; Chairman and Trustee, Federated
Investment Management Company; Trustee, Federated Investment
Counseling; Chairman and Director, Federated Global Investment
Management Corp.; Chairman and Trustee, Federated Equity Management
Company of Pennsylvania; Trustee, Federated Shareholder Services
Company; Director, Federated Services Company. Previous
Positions:
President, Federated Investment Counseling; President and
Chief Executive Officer, Federated Investment Management Company, Federated
Global Investment Management Corp. and Passport Research,
Ltd.; Chairman, Passport Research, Ltd. |
$0 |
$0 |
Thomas
R. Donahue* Birth
Date: October 20,1958 Trustee Indefinite
Term Began
serving: August 2016 |
Principal
Occupations:
Director or Trustee of certain funds in the Federated
Hermes Complex; Chief Financial Officer, Treasurer, Vice President
and Assistant Secretary, Federated Hermes, Inc.; Chairman and Trustee,
Federated Administrative Services; Chairman and Director, Federated
Administrative Services, Inc.; Trustee and Treasurer, Federated Advisory
Services Company; Director or Trustee and Treasurer, Federated Equity
Management Company of Pennsylvania, Federated Global Investment
Management Corp., Federated Investment Counseling, and Federated
Investment Management Company; Director, MDTA LLC; Director,
Executive Vice President and Assistant Secretary, Federated Securities
Corp.; Director or Trustee and Chairman, Federated Services Company
and Federated Shareholder Services Company; and Director and President,
FII Holdings, Inc. Previous
Positions:
Director, Federated Hermes, Inc.; Assistant Secretary, Federated
Investment Management Company, Federated Global Investment
Management Company and Passport Research, LTD; Treasurer, Passport
Research, LTD; Executive Vice President, Federated Securities Corp.;
and Treasurer, FII Holdings, Inc. |
$0 |
$0 |
|
Principal
Occupation(s) for Past Five Years, Other
Directorships Held and Previous Position(s) |
Aggregate Compensation From
Fund (past
fiscal year) |
Total
Compensation From
Fund and Federated
Hermes Complex (past
calendar year) |
John
G. Carson Birth
Date: May 15, 1965 Trustee Indefinite
Term Began
serving: January 2024 |
Principal
Occupations:
Director or Trustee of certain Funds in the Federated
Hermes Complex; Chief Executive Officer, Chief Investment Officer,
Northstar Asset Management (Financial Services); formerly Chief Compliance
Officer, Northstar Asset Management (Financial Services). Other
Directorships Held:
None. Qualifications:
Mr. Carson has served in various business management roles
throughout his career. Mr. Carson was a Vice President at the Glenmede
Trust Company and a Managing Director at Oppenheimer & Company.
Prior to that he spent more than a decade with the Bank of America/Merrill
Lynch as a Director of Institutional Sales. Earlier on, Mr. Carson
held similar positions for Wertheim Schroder/Schroders PLC and Drexel
Burnham Lambert. |
$314.33 |
$0 |
|
Principal
Occupation(s) for Past Five Years, Other
Directorships Held and Previous Position(s) |
Aggregate Compensation From
Fund (past
fiscal year) |
Total
Compensation From
Fund and Federated
Hermes Complex (past
calendar year) |
G.
Thomas Hough Birth
Date: February 28,1955 TRUSTEE Indefinite
Term Began
serving: August 2016 |
Principal
Occupations:
Director or Trustee and Chair of the Board of Directors
or Trustees of the Federated Hermes Complex; formerly, Vice Chair,
Ernst & Young LLP (public accounting firm) (Retired). Other
Directorships Held :
Director, Chair of the Audit Committee, Member
of the Compensation Committee, Equifax, Inc.; Lead Director, Member
of the Audit and Nominating and Corporate Governance Committees,
Haverty Furniture Companies, Inc.; formerly, Director, Member
of Governance and Compensation Committees, Publix Super Markets,
Inc. Qualifications:
Mr. Hough has served in accounting, business management and
directorship positions throughout his career. Mr. Hough most recently held
the position of Americas Vice Chair of Assurance with Ernst & Young
LLP (public accounting firm). Mr. Hough serves on the President’s Cabinet
and Business School Board of Visitors for the University of Alabama.
Mr. Hough previously served on the Business School Board of Visitors
for Wake Forest University, and he previously served as an Executive
Committee member of the United States Golf Association. |
$1,547.87 |
$365,000 |
Maureen
Lally-Green Birth
Date: July 5, 1949 TRUSTEE Indefinite
Term Began
serving: August 2016 |
Principal
Occupations:
Director or Trustee of the Federated Hermes Complex;
Adjunct Professor of Law, Emerita, Duquesne University School of Law;
formerly, Dean of the Duquesne University School of Law and Professor
of Law and Interim Dean of the Duquesne University School of Law;
formerly, Associate General Secretary and Director, Office of Church Relations,
Diocese of Pittsburgh. Other
Directorships Held:
Director, CNX Resources Corporation (natural
gas). Qualifications:
Judge Lally-Green has served in various legal and business roles
and directorship positions throughout her career. Judge Lally-Green previously
held the position of Dean of the School of Law of Duquesne University
(as well as Interim Dean). Judge Lally-Green previously served as Director
of the Office of Church Relations and later as Associate General Secretary
for the Diocese of Pittsburgh, a member of the Superior Court of Pennsylvania
and as a Professor of Law, Duquesne University School of Law. Judge
Lally-Green was appointed by the Supreme Court of Pennsylvania and
previously served on the Supreme Court’s Board of Continuing Judicial Education
and the Supreme Court’s Appellate Court Procedural Rules Committee.
Judge Lally-Green was then appointed by the Supreme Court of
Pennsylvania and currently serves on the Judicial Ethics Advisory Board. Judge
Lally-Green also currently holds the positions on not for profit or for profit
boards of directors as follows: Director and Chair, UPMC Mercy Hospital;
Regent, Saint Vincent Seminary; Member, Pennsylvania State Board
of Education (public); Director, Catholic Charities, Pittsburgh; and Director,
CNX Resources Corporation (natural gas). Judge Lally-Green has held
the positions of: Director, Auberle; Director, Epilepsy Foundation of Western
and Central Pennsylvania; Director, Ireland Institute of Pittsburgh; Director,
Saint Thomas More Society; Director and Chair, Catholic High Schools
of the Diocese of Pittsburgh, Inc.; Director, Pennsylvania Bar Institute;
Director, Saint Vincent College; Director and Chair, North Catholic High
School, Inc.; Director and Vice Chair, Our Campaign for the Church Alive!,
Inc.; and Director and Vice Chair, Saint Francis University. |
$1,383.09 |
$330,000 |
|
Principal
Occupation(s) for Past Five Years, Other
Directorships Held and Previous Position(s) |
Aggregate Compensation From
Fund (past
fiscal year) |
Total
Compensation From
Fund and Federated
Hermes Complex (past
calendar year) |
Thomas
M. O’Neill Birth
Date: June 14, 1951 TRUSTEE Indefinite
Term Began
serving: August 2016 |
Principal
Occupations:
Director or Trustee and Chair of the Audit Committee
of the Federated Hermes Complex; Sole Proprietor, Navigator Management
Company (investment and strategic consulting). Other
Directorships Held:
None. Qualifications:
Mr. O’Neill has served in several business, mutual fund and financial
management roles and directorship positions throughout his career.
Mr. O’Neill serves as Director, Medicines for Humanity. Mr. O’Neill previously
served as Chief Executive Officer and President, Managing Director
and Chief Investment Officer, Fleet Investment Advisors; President and
Chief Executive Officer, Aeltus Investment Management, Inc.; General Partner,
Hellman, Jordan Management Co., Boston, MA; Chief Investment Officer,
The Putnam Companies, Boston, MA; Credit Analyst and Lending Officer,
Fleet Bank; Director and Consultant, EZE Castle Software (investment
order management software); Director, Midway Pacific (lumber);
and Director, The Golisano Children’s Museum of Naples, Florida. |
$1,418.57 |
$330,000 |
Madelyn
A. Reilly Birth
Date: February 2, 1956 Trustee Indefinite
Term Began
serving: November 2020 |
Principal
Occupations:
Director or Trustee of the Federated Hermes Complex;
formerly, Executive Vice President for Legal Affairs, General Counsel
and Secretary of Board of Directors, Duquesne University (Retired). Other
Directorships Held:
None. Qualifications:
Ms. Reilly has served in various business and legal management
roles throughout her career. Ms. Reilly previously served as Senior
Vice President for Legal Affairs, General Counsel and Secretary of Board
of Directors and Director of Risk Management and Associate General Counsel,
Duquesne University. Prior to her work at Duquesne University, Ms.
Reilly served as Assistant General Counsel of Compliance and Enterprise
Risk as well as Senior Counsel of Environment, Health and Safety,
PPG Industries. Ms. Reilly currently serves as a member of the Board of
Directors of UPMC Mercy Hospital and as a member of the Board of Directors
of Catholic Charities, Pittsburgh. |
$1,257.36 |
$300,000 |
P.
Jerome Richey Birth
Date: February 23, 1949 TRUSTEE Indefinite
Term Began
serving: August 2016 |
Principal
Occupations:
Director or Trustee of the Federated Hermes Complex;
Retired; formerly, Senior Vice Chancellor and Chief Legal Officer, University
of Pittsburgh and Executive Vice President and Chief Legal Officer,
CONSOL Energy Inc. (split into two separate publicly traded companies
known as CONSOL Energy Inc. and CNX Resources Corp.). Other
Directorships Held:
None. Qualifications:
Mr. Richey has served in several business and legal management
roles and directorship positions throughout his career. Mr.
Richey most recently held the positions of Senior Vice Chancellor and Chief
Legal Officer, University of Pittsburgh. Mr. Richey previously served as Chairman
of the Board, Epilepsy Foundation of Western Pennsylvania and Chairman
of the Board, World Affairs Council of Pittsburgh. Mr. Richey previously
served as Chief Legal Officer and Executive Vice President, CONSOL
Energy Inc. and CNX Gas Company; and Board Member, Ethics Counsel
and Shareholder, Buchanan Ingersoll & Rooney PC (a law firm). |
$1,383.09 |
$330,000 |
John
S. Walsh Birth
Date: November 28, 1957 Trustee Indefinite
Term Began
serving: August 2016 |
Principal
Occupations:
Director or Trustee of the Federated Hermes Complex;
President and Director, Heat Wagon, Inc. (manufacturer of construction
temporary heaters); President and Director, Manufacturers Products,
Inc. (distributor of portable construction heaters); President, Portable
Heater Parts, a division of Manufacturers Products, Inc. Other
Directorships Held:
None. Qualifications:
Mr. Walsh has served in several business management roles and
directorship positions throughout his career. Mr. Walsh previously served
as Vice President, Walsh & Kelly, Inc. (paving contractors). |
$1,288.79 |
$300,000 |
Name Birth
Date Positions
Held with Fund Date
Service Began |
Principal
Occupation(s) and Previous Position(s) |
Jeremy
D. Boughton Birth
Date: September 29, 1976 TREASURER Officer
since: March 2024 |
Principal
Occupations:
Principal Financial Officer and Treasurer of the Federated Hermes Complex; Senior Vice President, Federated
Administrative Services, Federated Administrative Services, Inc., Federated Advisory Services Company, Federated Equity
Management Company of Pennsylvania, Federated Global Investment Management Corp., Federated Investment Counseling,
Federated Investment Management Company and Federated MDTA, LLC. Formerly, Controller, Federated Hermes, Inc.
and Financial and Operations Principal for Federated Securities Corp. Mr. Boughton has received the Certified Public Accountant
designation. Previous
Positions:
Senior Vice President and Assistant Treasurer, Federated Investors Management Company; Treasurer, Federated
Investors Trust Company; Assistant Treasurer, Federated Administrative Services, Federated Administrative Services, Inc.,
Federated Securities Corp., Federated Advisory Services Company, Federated Equity Management Company of Pennsylvania,
Federated Global Investment Management Corp., Federated Investment Counseling, Federated Investment Management
Company, Federated MDTA, LLC and Federated Hermes (UK) LLP, as well as other subsidiaries of Federated Hermes,
Inc. |
Peter
J. Germain Birth
Date: September 3, 1959 CHIEF
LEGAL OFFICER, SECRETARY
and EXECUTIVE VICE
PRESIDENT Officer
since: November 2016 |
Principal
Occupations:
Mr. Germain is Chief Legal Officer, Secretary and Executive Vice President of the Federated Hermes Complex.
He is General Counsel, Chief Legal Officer, Secretary and Executive Vice President, Federated Hermes, Inc.; Trustee and
Senior Vice President, Federated Investors Management Company; Trustee and President, Federated Administrative Services;
Director and President, Federated Administrative Services, Inc.; Director and Vice President, Federated Securities Corp.;
Director and Secretary, Federated Private Asset Management, Inc.; Secretary, Federated Shareholder Services Company; and
Secretary, Retirement Plan Service Company of America. Mr. Germain joined Federated Hermes, Inc. in 1984 and is a member
of the Pennsylvania Bar Association. Previous
Positions:
Deputy General Counsel, Special Counsel, Managing Director of Mutual Fund Services, Federated Hermes, Inc.;
Senior Vice President, Federated Services Company; and Senior Corporate Counsel, Federated Hermes, Inc. |
Stephen
Van Meter Birth
Date: June 5, 1975 CHIEF
COMPLIANCE OFFICER AND
SENIOR VICE PRESIDENT Officer
since: June 2016 |
Principal
Occupations:
Senior Vice President and Chief Compliance Officer of the Federated Hermes Complex; Vice President and
Chief Compliance Officer of Federated Hermes, Inc. and Chief Compliance Officer of certain of its subsidiaries. Mr.
Van Meter joined Federated Hermes in October 2011. He holds FINRA licenses under Series 3, 7, 24 and 66. Previous
Positions:
Mr. Van Meter previously held the position of Compliance Operating Officer, Federated Hermes, Inc. Prior to joining
Federated Hermes, Mr. Van Meter served at the United States Securities and Exchange Commission in the positions of Senior
Counsel, Office of Chief Counsel, Division of Investment Management and Senior Counsel, Division of Enforcement. |
Robert
J. Ostrowski Birth
Date: April 26, 1963 CHIEF
INVESTMENT OFFICER Officer
since: November 2016 |
Principal
Occupations: Robert
J. Ostrowski joined Federated Hermes, Inc. in 1987 as an Investment Analyst and became a Portfolio
Manager in 1990. He was named Chief Investment Officer of Federated Hermes, Inc. taxable fixed-income products in 2004
and also serves as a Senior Portfolio Manager. Mr. Ostrowski became an Executive Vice President of the Fund’s Adviser in 2009
and served as a Senior Vice President of the Fund’s Adviser from 1997 to 2009. Mr. Ostrowski has received the Chartered Financial
Analyst designation. He received his M.S. in Industrial Administration from Carnegie Mellon University. |
Chris
McGinley Birth
Date: July 28, 1978 VICE
PRESIDENT Officer
since: November 2016 Portfolio
Manager since: December
2016 |
Principal
Occupations: Chris
McGinley has been the Fund’s Portfolio Manager since December 2016. He is Vice President of the Fund.
Mr. McGinley joined Federated Hermes in 2004 as an associate research analyst in the international fixed-income department.
He became an Assistant Vice President of the Fund’s Adviser in 2005 and Vice President in 2013. Mr. McGinley joined
the Sub-Adviser in 2013. Mr. McGinley worked in Senator Rick Santorum’s office in 2001 and from 2002 to 2004 he served as
Legislative Correspondent for Senator Santorum. Mr. McGinley earned his B.S. and received his M.P.I.A. from the University of
Pittsburgh. |
Ihab
Salib Birth
Date: December 14, 1964 VICE
PRESIDENT Officer
since: November 2016 Portfolio
Manager since: December
2016 |
Principal
Occupations: Ihab
Salib has been the Fund’s Portfolio Manager since December 2016. He is Vice President of the Fund. Mr.
Salib joined Federated Hermes in April 1999 as a Senior Fixed-Income Trader/Assistant Vice President of the Fund’s Adviser. In
July 2000, he was named a Vice President of the Fund’s Adviser and in January 2007 he was named a Senior Vice President of the
Fund’s Adviser. He has served as a Portfolio Manager since January 2002. From January 1994 through March 1999, Mr. Salib was
employed as a Senior Global Fixed-Income Analyst with UBS Brinson, Inc. Mr. Salib received his B.A. with a major in Economics
from Stony Brook University. |
Maarten
Offeringa Birth
Date: February 1, 1976 Vice
President Officer
since: August 2019 Portfolio
Manager since: July 2019 |
Principal
Occupations:
Maarten Offeringa has been the Fund’s Portfolio Manager since July 2019. He is Vice President of the Fund.
Mr. Offeringa joined Federated Hermes in 2018. Mr. Offeringa is responsible for providing research and advice on sector allocation
and security selection. He has worked in financial services since 2002; has worked in investment management since 2018;
has managed investment portfolios since 2019. Previous associations: Director, Bank of America Merrill Lynch; Vice President,
J.P. Morgan. Education: MA, Vrije Universiteit Amsterdam. |
Kazaur
Rahman Birth
Date: November 30, 1982 Vice
President Officer
since: August 2023 Portfolio
Manager since: July 2023 |
Principal
Occupations:
Kazaur Rahman has been the Fund’s Portfolio Manager since July 2023. He is Vice President of the Fund. Mr.
Rahman joined Federated Hermes in 2019. Mr. Rahman is responsible for providing research and advice on sector allocation and
security selection. He has worked in financial services since 2005; has worked in investment management since 2019; has managed
investment portfolios since 2023. Previous associations include roles with: Deutsche Bank; VTB Capital; Bank of America;
PricewaterhouseCoopers (PwC). Education: BSc, University of London. |
Director/Trustee
Emeritus |
Compensation From
Fund (past
fiscal year) 1 |
Total Compensation Paid
to Director/Trustee Emeritus 1 |
John
T. Collins 2 |
$ 19.81 |
$ 0 |
Charles
F. Mansfield, Jr. |
$ 79.72 |
$ 60,000 |
Board Committee |
Committee Members |
Committee
Functions |
Meetings
Held During
Last Fiscal
Year |
Executive |
J.
Christopher Donahue G.
Thomas Hough John
S. Walsh |
In
between meetings of the full Board, the Executive Committee generally may exercise
all the powers of the full Board in the management and direction of the business
and conduct of the affairs of the Trust in such manner as the Executive Committee
shall deem to be in the best interests of the Trust. However, the Executive
Committee cannot elect or remove Board members, increase or decrease the
number of Trustees, elect or remove any Officer, declare dividends, issue shares or
recommend to shareholders any action requiring shareholder approval. |
One |
Board Committee |
Committee Members |
Committee
Functions |
Meetings
Held During
Last Fiscal
Year |
Audit |
Maureen
Lally-Green Thomas
M. O’Neill P.
Jerome Richey John
S. Walsh |
The
purposes of the Audit Committee are to oversee the accounting and financial reporting
process of the Fund, the Fund’s internal control over financial reporting and
the quality, integrity and independent audit of the Fund’s financial statements. The
Committee also oversees or assists the Board with the oversight of compliance with
legal requirements relating to those matters, approves the engagement and reviews
the qualifications, independence and performance of the Fund’s independent
registered public accounting firm, acts as a liaison between the independent
registered public accounting firm and the Board and reviews the Fund’s internal
audit function. |
Seven |
Nominating |
John
G. Carson G.
Thomas Hough Maureen
Lally-Green Thomas
M. O’Neill Madelyn
A. Reilly P.
Jerome Richey John
S. Walsh |
The
Nominating Committee, whose members consist of all Independent Trustees, selects
and nominates persons for election to the Fund’s Board when vacancies occur.
The Committee will consider candidates recommended by shareholders, Independent
Trustees, officers or employees of any of the Fund’s agents or service providers
and counsel to the Fund. Any shareholder who desires to have an individual
considered for nomination by the Committee must submit a recommendation
in writing to the Secretary of the Fund, at the Fund’s address appearing
on the back cover of this SAI. The recommendation should include the name
and address of both the shareholder and the candidate and detailed information
concerning the candidate’s qualifications and experience. In identifying and
evaluating candidates for consideration, the Committee shall consider such factors
as it deems appropriate. Those factors will ordinarily include: integrity, intelligence,
collegiality, judgment, diversity, skill, business and other experience, qualification
as an “Independent Trustee,” the existence of material relationships which
may create the appearance of a lack of independence, financial or accounting knowledge
and experience and dedication and willingness to devote the time and attention
necessary to fulfill Board responsibilities. |
Four |
Interested
Board Member
Name |
Dollar
Range of Shares
Owned in Federated
Hermes Project and
Trade Finance
Tender Fund |
Aggregate Dollar
Range of Shares
Owned in Federated
Hermes Family of Investment
Companies |
J.
Christopher Donahue |
None |
Over
$100,000 |
Thomas
R. Donahue |
None |
Over
$100,000 |
Independent
Board Member
Name |
|
|
John
G. Carson |
None |
None |
G.
Thomas Hough |
None |
Over
$100,000 |
Maureen
Lally-Green |
None |
Over
$100,000 |
Thomas
M. O’Neill |
None |
Over
$100,000 |
Madelyn
A. Reilly |
None |
Over
$100,000 |
P.
Jerome Richey |
None |
Over
$100,000 |
John
S. Walsh |
None |
Over
$100,000 |
Types
of Accounts Managed by
Ihab Salib |
Total
Number of Additional Accounts Managed/Total
Assets* |
Additional
Accounts/Assets Managed that
are Subject to Advisory Fee Based
on Account Performance |
Registered
Investment Companies |
15/$2.6
billion |
0/$0 |
Other
Pooled Investment Vehicles |
7/$459.9
million |
0/$0 |
Other
Accounts |
2/$26.9
million |
2/$425.6
million |
Types
of Accounts Managed by
Christopher McGinley |
Total
Number of Additional Accounts Managed/Total
Assets* |
Registered
Investment Companies |
9/$937.2
million |
Other
Pooled Investment Vehicles |
1/$620.9
thousand |
Other
Accounts |
1/$644.0
thousand |
Types
of Accounts Managed by
Maarten Offeringa |
Total
Number of Additional Accounts Managed/Total
Assets* |
Registered
Investment Companies |
4/$937.2
million |
Other
Pooled Investment Vehicles |
0/$0 |
Other
Accounts |
0/$0 |
Types
of Accounts Managed by
Kazaur Rahman |
Total
Number of Additional Accounts Managed/Total
Assets* |
Registered
Investment Companies |
4/$937.2
million |
Other
Pooled Investment Vehicles |
0/$0 |
Other
Accounts |
0/$0 |
PART C. OTHER INFORMATION.
Item 25. Financial Statements and Exhibits
(1) | Financial Statements |
Included in Part A:
Financial Highlights for period ended March 31, 2024
Included in Part B:
Portfolio of Investments.*
Financial Highlights.*
Statement of Assets and Liabilities.*
Statement of Operations.*
Statement of Changes in Net Assets.*
Statement of Cash Flows.*
Notes to Financial Statements.*
Report of Independent Registered Public Accounting Firm.*
(2) | Exhibits: |
(c) | Copies of any Voting Trust Agreement with respect to more than Five Percent of any Class of Equity Securities of the Registrant | |
Not applicable |
(d) | Constituent Instruments Defining Rights of Holders of Securities | |
1 | Response is incorporated by reference to Exhibit 2 (a)(2) above | |
2 | Response is incorporated by reference to Exhibit 2 (b) above |
(f) | Constituent Instruments Defining Rights of Holders of Long-Term Debt Securities of Subsidiaries for which Consolidated or Unconsolidated Financial Statements are Required to be Filed | |
Not applicable |
(g) | Investment Advisory Contracts | |
1 |
Federated Investment Management Company |
|
2 |
Federated Hermes (UK) LLP |
(i) | Bonus, Profit Sharing, Pension, or Other Similar Contracts or Arrangements | |
Not applicable |
(k) | Other Material Contracts | |
1 | Agency Agreement | |
|
||
2 | Administrative Services Agreement | |
Conformed copy of the Fourth Amended and Restated Agreement for Administrative Services between the Federated Funds and Federated Administrative Services dated September 1, 2022, including Exhibit A (dated March 1, 2024) and Exhibit B | + | |
3 | Financial Administration and Accounting Agreement | |
Conformed copy of the Financial Administration and Accounting Services Agreement between the Federated Funds and State Street Bank and Trust Company dated March 1, 2011, including Exhibit A (updated as of March 1, 2024) | + |
(l) | Legal Opinion | |
Conformed copy of Opinion and Consent of K&L Gates LLP | + |
(m) | Consent to Service of Process | |
Not applicable |
(n) | Other Opinions | |
Conformed copy of Consent of KPMG LLP, Independent Registered Public Accounting Firm | + |
(o) | Omitted Financial Statements | |
Not applicable |
(q) | Model Retirement Plans | |
Not applicable |
(s) | Calculation of Filing Fee Table | |
Copy of the Registrant’s Calculation of Filing Fee Tables (Newly Registered and Carry Forward Securities) | + |
(t) | Powers of Attorney | |
Conformed copy of Power of Attorney of the Registrant dated May 21, 2024 | + |
+ | Exhibit is being filed electronically with registration statement |
Exhibit List for Inline Interactive Data File Submission.
Index No. | Description of Exhibit |
EX-101.INS | XBRL Instance Document - Instance Document does not appear in the Interactive Data File because its XBRL tags are embedded within the inline XBRL document. |
EX-101.SCH | XBRL Taxonomy Extension Schema Document |
EX-101.DEF | XBRL Taxonomy Extension Definition Linkbase |
EX-101.LAB | XBRL Taxonomy Extension Labels Linkbase |
EX-101.PRE | XBRL Taxonomy Extension Presentation Linkbase |
Item 26. | Marketing Arrangements |
Distribution contract incorporated by reference to Pre-Effective Amendment #1 filed October 28, 2016.
Item 27. | Other Expenses of Issuance and Distribution |
Not applicable.
Item 28. | Persons Controlled by or Under Common Control with the Fund: |
None.
Item 29. | Number of Holders of Securities |
Set forth below is the number of record holders as of May 1, 2024, of each class of securities of the Registrant:
Title of Class | Number of Record Holders |
Common shares of beneficial interest | 5 |
Item 30. | Indemnification: |
Indemnification is provided to Officers and Trustees of the Registrant pursuant to the Registrant’s By-Laws, as amended. This includes indemnification against: (a) any liabilities or expenses incurred in connection with the defense or disposition of any action, suit or proceeding in which an Officer or Trustee may be or may have been involved; and (b) any liabilities and expenses incurred by an Officer or Trustee as a result of having provided personally identifiable information to a regulator or counterparty by or with whom the Registrant or its series is regulated or engages in business to satisfy a legal or procedural requirement of such regulator or counterparty.
The Investment Advisory Contract, and Sub-Advisory Agreement as applicable, (collectively, “Advisory Contracts”) between the Registrant and the investment adviser, and sub-adviser as applicable, (collectively, “Advisers”) of its series, provide that, in the absence of willful misfeasance, bad faith, gross negligence, or reckless disregard of the obligations or duties under the Advisory Contracts on the part of the Advisers, Advisers shall not be liable to the Registrant or to any shareholder for any act or omission in the course of or connected in any way with rendering services or for any losses that may be sustained in the purchase, holding, or sale of any security.
The Registrant’s distribution contract contains provisions limiting the liability, and providing for indemnification, of the Officers and Trustees under certain circumstances.
Registrant’s Trustees and Officers are covered by an Investment Trust Errors and Omissions Policy.
Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be permitted to Trustees, Officers, and controlling persons of the Registrant by the Registrant pursuant to the By-Laws, as amended, or otherwise, the Registrant is aware that in the opinion of the Securities and Exchange Commission, such indemnification is against public policy as expressed in the Act and, therefore, is unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the Registrant of expenses incurred or paid by Trustees), Officers, or controlling persons of the Registrant in connection with the successful defense of any act, suit, or proceeding) is asserted by such Trustees, Officers, or controlling persons in connection with the shares being registered, the Registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such issues.
Insofar as indemnification for liabilities may be permitted pursuant to Section 17 of the Investment Company Act of 1940 for Trustees, Officers, and controlling persons of the Registrant by the Registrant pursuant to the By-Laws, as amended, or otherwise, the Registrant is aware of the position of the Securities and Exchange Commission as set forth in Investment Company Act Release No. IC-11330. Therefore, the Registrant undertakes that in addition to complying with the applicable provisions of the By-Laws, as amended, or otherwise, in the absence of a final decision on the merits by a court or other body before which the proceeding was brought, that an indemnification payment will not be made unless in the absence of such a decision, a reasonable determination based upon factual review has been made (i) by a majority vote of a quorum of non-party Trustees who are not interested persons of the Registrant or (ii) by independent legal counsel in a written opinion that the indemnitee was not liable for an act of willful misfeasance, bad faith, gross negligence, or reckless disregard of duties. The Registrant further undertakes that advancement of expenses incurred in the defense of a proceeding (upon undertaking for repayment unless it is ultimately determined that indemnification is appropriate) against an Officer, Trustee or controlling person of the Registrant will not be made absent the fulfillment of at least one of the following conditions: (i) the indemnitee provides security for his undertaking; (ii) the Registrant is insured against losses arising by reason of any lawful advances; or (iii) a majority of a quorum of disinterested non-party Trustees or independent legal counsel in a written opinion makes a factual determination that there is reason to believe the indemnitee will be entitled to indemnification.
Item 31 Business and Other Connections of Investment Adviser (Federated Investment Management Company): | |
For a description of the other business of the Investment Adviser, see the section entitled “Who Manages the Fund?” in Part A. The affiliations with the Registrant of two of the Trustees and three of the Officers of the Investment Adviser are included in Part B of this Registration Statement under "Who Manages and Provides Services to the Fund?" The remaining Trustees of the Investment Adviser and, in parentheses, their principal occupations are: Thomas R. Donahue, (Chief Financial Officer, Federated Hermes, Inc.), 1001 Liberty Avenue, Pittsburgh, PA, 15222-3779, John B. Fisher, (Vice Chairman, Federated Hermes, Inc.) 1001 Liberty Avenue, Pittsburgh, PA, 15222-3779 and James J. Gallagher, II, Partner, Morris James LLP, 500 Delaware Avenue, Suite 1500, Wilmington, DE 19801-1494. The business address of each of the Officers of the Investment Adviser is 1001 Liberty Avenue, Pittsburgh, Pennsylvania 15222-3779. These individuals are also officers of a majority of the Investment Advisers to the investment companies in the Federated Hermes Fund Complex described in Part B of this Registration Statement. | |
The Officers of the Investment Adviser are: | |
Chairman: | J. Christopher Donahue |
President/ Chief Executive Officer: | John B. Fisher |
Executive Vice Presidents: |
Deborah A. Cunningham Anne H. Kruczek Robert J. Ostrowski Timothy G. Trebilcock |
Senior Vice Presidents: |
Todd Abraham Jonathan C. Conley Mark E. Durbiano Donald T. Ellenberger Eamonn G. Folan Richard J. Gallo John T. Gentry Michael R. Granito Lori A. Hensler Susan R. Hill William R. Jamison Jeffrey A. Kozemchak Tracey L. Lusk Judith J. Mackin Marian R. Marinack Christopher P. McGinley Mary Jo Ochson Ihab Salib Michael W. Sirianni, Jr. Nicholas S. Tripodes Paige Wilhelm
|
Vice Presidents: |
John Badeer Patrick D. Benacci Christopher S. Bodamer G. Andrew Bonnewell Hanan Callas David B. Catalane, Jr. Nicholas S. Cecchini James Chelmu Leslie Ciferno Jerome Conner Lee R. Cunningham, II Gregory Czamara, V B. Anthony Delserone, Jr. Jason DeVito Bryan Dingle Ann Ferentino Kevin M. Fitzpatrick Timothy P. Gannon Kathryn P. Glass James L. Grant Brandon Ray Hochstetler Nathan H. Kehm Allen J. Knizner Karen Manna Daniel James Mastalski Robert J. Matthews Karl Mocharko Joseph M. Natoli Nicholas Navari Gene Neavin Bob Nolte Liam O’Connell Bradley S. Payne John Polinski Rae Ann Rice Braden Rotberg Brian Ruffner Thomas C. Scherr John Scullion John Sidawi Paul Smith Peter Snook Kyle Stewart Randal Stuckwish Mary Ellen Tesla Frank Tetlow James Damen Thompson Anthony A. Venturino Mark Weiss George B. Wright Christopher Wu
|
Assistant Vice Presidents: |
Patrick B. Cooper Quincy Hershey Christopher F. Hopkins Jeff J. Ignelzi Bennett L. Lo Natasha Nunez Steven J. Slanika Tyler R. Stenger Patrick O. Watson Michael S. Wilson John E. Wyda
|
Secretary: | G. Andrew Bonnewell |
Assistant Secretaries: |
Edward C. Bartley Jonathan M. Lushko George F. Magera
|
Treasurer: | Thomas R. Donahue |
Assistant Treasurers: | Jeremy
D. Boughton Richard A. Novak |
Chief Compliance Officer: | Stephen Van Meter |
Item
31. Business and Other Connections of Investment Sub-Adviser (Federated Hermes (UK) LLP): | |
For a description of the other business of the Investment Sub-Adviser, see the section entitled “Management of the Fund” in Part A. The affiliation with the Registrant of five of the Officers of the Investment Sub-Adviser is included in Part B of this Registration Statement under “Management of the Fund.” The Trustees of the Investment Sub-Adviser and, in parentheses, their principal occupations are: Gordon J. Ceresino, (President, Federated International Management Limited; executive director for international distribution); and Gregory P. Dulski, (Senior Corporate Counsel, Federated Hermes, Inc.). The business address of the Trustees is 1001 Liberty Avenue, Pittsburgh, Pennsylvania 15222-3779. The business address of the Officers of the Investment Adviser is noted below. | |
The Officers of the Investment Sub-Adviser are: | |
President/ Chief Executive Officer: | Gordon J. Ceresino1 |
Senior Vice President: |
Deborah A. Cunningham 1 Dennis Gepp3 Robert Ostrowski1 |
Vice Presidents: | Patrick
Bayliss3 Gregory P. Dulski1 Mohammed Hassan Elmi3 Christopher McGinley1 Gary Skedge3 Robert J. Wagner2 |
Assistant Vice President: | Ketan Shah3 |
Managing Director and Chief Investment Officer: | Dennis Gepp3 |
Chief Operating Officer: | Judith Benson3 |
Chief Compliance Officer: | Stephen Van Meter1 |
Treasurer: | Richard A. Novak1 |
Assistant Treasurer: | Jeremy D. Boughton1 |
1 1001 Liberty Ave., Pittsburgh, PA 15222
2
4000 Ericsson Dr., Warrendale, PA 15086
3 150 Cheapside, London, EC2V 6ET, England
Item 32. | Location of Accounts and Records: |
All accounts and records required to be maintained by Section 31(a) of the Investment Company Act of 1940 and Rules 31a-1 through 31a-3 promulgated thereunder are maintained at one of the following locations:
Federated Hermes Project and Trade Finance Tender Fund (Registrant) |
Federated Hermes Funds (Notices should be sent to the Agent for Service at the address listed on the facing page of this filing) |
Federated
Administrative Services (Administrator) |
1001
Liberty Avenue Pittsburgh, PA 15222-3779 |
Federated Securities Corp. (Distributor)
|
1001 Liberty Avenue Pittsburgh, PA 15222-3779 |
Federated Investment Management Company (Adviser) |
1001
Liberty Avenue Pittsburgh, PA 15222-3779 |
Federated
Hermes (UK) LLP (Sub-Adviser) |
150
Cheapside London EC2V 6ET England |
Federated Advisory Services Company (Adviser) |
1001 Liberty Avenue Pittsburgh, PA 15222-3779 |
SS&C GIDS, Inc. (Transfer Agent and Dividend Disbursing Agent) |
1055
Broadway Kansas City, MO 64105 |
State Street Bank and Trust Company (Custodian) |
P.O.
Box 219221 Kansas City, MO 64121-9221 |
Item 33. | Management Services: Not applicable. |
Item 34. | Undertakings: |
1. | An undertaking to suspend the offering of shares until the prospectus is amended if (1) subsequent to the effective date of its registration statement, the net asset value declines more than ten percent from its net asset value as of the effective date of the registration statement or (2) the net asset value increases to an amount greater than its net proceeds as stated in the prospectus. |
2. | Not applicable. |
3. | The Registrant undertakes: |
(a) | To file, during any period in which offers or sales are being made, a post-effective amendment to the registration statement: |
(1) | to include any prospectus required by Section 10(a)(3) of the Securities Act; |
(2) | to reflect in the prospectus any facts or events after the effective date of the registration statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the registration statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of prospectus filed with the Securities and Exchange Commission pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than 20% change in the maximum aggregate offering price set forth in the “Calculation of Registration Fee” table in the effective registration statement; and |
(3) | to include any material information with respect to the plan of distribution not previously disclosed in the registration statement or any material change to such information in the registration statement. |
(b) | That, for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of those securities at that time shall be deemed to be the initial bona fide offering thereof. |
(c) | To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering. |
(d) | That, for the purpose of determining liability under the Securities Act to any purchaser, (1) if the Registrant is relying on Rule 430B: (A) Each prospectus filed by the Registrant pursuant to Rule 424(b)(3) shall be deemed to be part of the registration statement as of the date the filed prospectus was deemed part of and included in the registration statement; and (B) Each prospectus required to be filed pursuant to Rule 424(b)(2), (b)(5), or (b)(7) as part of a registration statement in reliance on Rule 430B relating to an offering made pursuant to Rule 415(a)(1)(i), (x), or (xi) for the purpose of providing the information required by Section 10(a) of the Securities Act shall be deemed to be part of and included in the registration statement as of the earlier of the date such form of prospectus is first used after effectiveness or the date of the first contract of sale of securities in the offering described in the prospectus. As provided in Rule 430B, for liability purposes of the issuer and any person that is at that date an underwriter, such date shall be deemed to be a new effective date of the registration statement relating to the securities in the registration statement to which that prospectus relates, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof. Provided, however, that no statement made in a registration statement or prospectus that is part of the registration statement or made in a document incorporated or deemed incorporated by reference into the registration statement or prospectus that is part of the registration statement will, as to a purchaser with a time of contract of sale prior to such effective date, supersede or modify any statement that was made in the registration statement or prospectus that was part of the registration statement or made in any such document immediately prior to such effective date; or (2) if the Registrant is subject to Rule 430C: each prospectus filed pursuant to Rule 424(b) under the Securities Act as part of a registration statement relating to an offering, other than registration statements relying on Rule 430B or other than prospectuses filed in reliance on Rule 430A, shall be deemed to be part of and included in the registration statement as of the date it is first used after effectiveness; provided, however, that no statement made in a registration statement or prospectus that is part of the registration statement or made in a document incorporated or deemed incorporated by reference into the registration statement or prospectus that is part of the registration statement will, as to a purchaser with a time of contract of sale prior to such first use, supersede or modify any statement that was made in the registration statement or prospectus that was part of the registration statement or made in any such document immediately prior to such date of first use. |
(e) | That, for the purpose of determining liability of the Registrant under the Securities Act to any purchaser in the initial distribution of securities, the undersigned Registrant undertakes that in a primary offering of securities of the undersigned Registrant pursuant to this registration statement, regardless of the underwriting method used to sell the securities to the purchaser, if the securities are offered or sold to such purchaser by means of any of the following communications, the undersigned Registrant will be a seller to the purchaser and will be considered to offer or sell such securities to the purchaser: |
(1) | any preliminary prospectus or prospectus of the undersigned Registrant relating to the offering required to be filed pursuant to Rule 424 under the Securities Act; |
(2) | free writing prospectus relating to the offering prepared by our on behalf of the undersigned Registrant or used or referred to by the undersigned Registrants; |
(3) | the portion of any other free writing prospectus or advertisement pursuant to Rule 482 under the Securities Act relating to the offering containing material information about the undersigned Registrant or its securities provided by or on behalf of the undersigned Registrant; and |
(4) | any other communication that is an offer in the offering made by the undersigned Registrant to the purchaser. |
4. | Not applicable. |
5. | Not applicable. |
6. | Not applicable. |
7. | The Registrant undertakes to send by first class mail or other means designed to ensure equally prompt delivery, within two business days of receipt of an oral or written request, its prospectus or Statement of Additional Information. |
SIGNATURES Pursuant to the requirements of the Securities Act of 1933, and the Investment Company Act of 1940, the Registrant, FEDERATED HERMES PROJECT AND TRADE FINANCE TENDER FUND, has duly caused this Amendment to its Registration Statement to be signed on its behalf by the undersigned, duly authorized, in the City of Pittsburgh and Commonwealth of Pennsylvania, on the 30th day of May, 2024. |
FEDERATED HERMES PROJECT AND TRADE FINANCE TENDER FUND |
BY: /s/ George F. Magera George F. Magera, Assistant Secretary |
Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed below by the following persons in the capacity and on the date indicated: |
NAME | TITLE | DATE |
BY: /s/ George F. Magera George F. Magera, Assistant Secretary |
Attorney In Fact For the Persons Listed Below |
May 30, 2024 |
J. Christopher Donahue*
|
President and Trustee (Principal Executive Officer) | |
Thomas R. Donahue* | Trustee | |
Jeremy D. Boughton* | Treasurer (Principal Financial Officer/Principal Accounting Officer) | |
John G. Carson* | Trustee | |
G. Thomas Hough* | Trustee | |
Maureen Lally-Green* | Trustee | |
Thomas M. O’Neill* | Trustee | |
Madelyn A. Reilly* | Trustee | |
P. Jerome Richey* | Trustee | |
John S. Walsh* | Trustee | |
*By Power of Attorney |
Exhibit List
(j) Conformed copy of Amended and Restated Master Custodian Agreement dated March 1, 2017 by and between State Street Bank and Trust Company and the Registrant, including Appendix A, revised as of March 1, 2024
(k)(2) Conformed copy of the Fourth Amended and Restated Agreement for Administrative Services between the Federated Funds and Federated Administrative Services dated September 1, 2022, including Exhibit A (dated March 1, 2024) and Exhibit B
(k)(3) Conformed copy of the Financial Administration and Accounting Services Agreement between the Federated Funds and State Street Bank and Trust Company dated March 1, 2011, including Exhibit A (updated as of March 1, 2024)
(l) Conformed copy of Opinion and Consent of K&L Gates LLP
(n) Conformed copy of Consent of KPMG LLP, Independent Registered Public Accounting Firm
(s) Copy of the Registrant’s Calculation of Filing Fee Tables (Newly Registered and Carry Forward Securities)
(t) Conformed copy of Power of Attorney of the Registrant