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Federated Hermes Project and Trade Finance Tender Fund is a 1940 Act registered, continuously‑offered closed‑end management company (tender offer structure) that seeks income by investing in trade finance agreements and short‑term trade receivable financings; the Fund follows a direct lending/trade‑finance strategy across global markets, invests primarily in trade finance agreements and related short‑term instruments, conducts periodic repurchase offers generally on a quarterly basis for limited liquidity, and is managed by Federated Investment Management Company with sub‑advisory support from Federated Hermes (UK) LLP.
News and Notices
Federated Investors
2016
'40 Act
Tender Offer CEF
USD
Quarterly
Daily
0.50%
March 31
News and Notices
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1-10 of 104
Notices
Date
Time (ET)
Notice Type
Source
Notice
Jan 04, 2024
09:46
Compliance
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Federated Hermes Project and Trade Finance Tender Fund requested September 4, 2026 exemptive relief for joint investments with affiliated funds and accounts, which would require same class, timing and price terms, pro rata expense sharing and Trustee oversight.
Feb 27, 2025
08:01
Compliance
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Federated Hermes Project & Trade Finance Tender Fund reported its 2026 annual proxy voting notice information for the year ended June 30, 2026, signed by Principal Executive Officer J. Christopher Donahue on August 27, 2026.
May 17, 2024
10:17
Redemptions
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Federated Hermes Project and Trade Finance Tender Fund reported final tender offer results: $0 was tendered and accepted, with no Institutional Shares or Service Shares repurchased at the $10.21 June 22, 2026 net asset value.
May 17, 2024
09:30
Redemptions
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Federated Hermes Project and Trade Finance Tender Fund commenced a tender offer to repurchase up to $53.7 million of shares, or 5% of June 18, 2026 net assets. Investors must submit requests by 3:00 p.m. Eastern Time on August 14, 2026.
Dec 27, 2024
13:57
Marketing Materials, Redemptions, Subscriptions
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Federated Hermes Project and Trade Finance Tender Fund updated its prospectus to offer Institutional Shares and Service Shares at current NAV, with net assets of $1.0 billion in Institutional Shares and $52,000 in Service Shares as of March 31, 2026. The Fund continues quarterly repurchase offers for limited liquidity.
Dec 08, 2025
14:09
Ownership, Personnel
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Federated Hermes Project & Trade Finance Tender Fund Trustee, Pres. & CEO Paul A. Uhlman reported 0 Common Shares of Beneficial Interest held following the transaction. This indicates no direct ownership remained as of 2026-04-30.
Nov 08, 2023
10:45
Personnel
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Federated Hermes Project & Trade Finance Tender Fund Chief Investment Officer R.J. Gallo reported direct ownership of 0 Common Shares of Beneficial Interest following the reported transaction date. This indicates no remaining direct equity ownership reported for the position.
Jun 16, 2023
10:54
Redemptions
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Federated Hermes Project and Trade Finance Tender Fund reported final tender offer results, with $1.0 million accepted for repurchase, including 98,522.167 Institutional Shares at $10.15 per Share and no Service Shares tendered.
Jun 16, 2025
10:19
Redemptions
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Federated Hermes Project and Trade Finance Tender Fund is offering to repurchase up to $51.9 million of Shares, equal to 5% of net assets as of March 19, 2026, with tenders due by May 14, 2026. Accepted Shares are expected to be paid at NAV within about three business days after the June 22, 2026 Repurchase Valuation Date.
Dec 16, 2023
12:45
Redemptions
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Federated Hermes Project and Trade Finance Tender Fund’s final amendment reports that its $47.9 million issuer tender offer resulted in $0 tendered and accepted, with no Institutional Shares or Service Shares repurchased at a December 24, 2025 net asset value of $10.20 per Share.
Preview
Federated Hermes Project & Trade Finance Tender Fund
Federated Investors is responsible for managing Federated Hermes Project & Trade Finance Tender Fund.
Federated Hermes Project & Trade Finance Tender Fund launched in 2016.
Federated Hermes Project & Trade Finance Tender Fund is registered as a '40 Act fund.
Federated Hermes Project & Trade Finance Tender Fund is structured as a Tender Offer CEF fund.
You can invest in Federated Hermes Project & Trade Finance Tender Fund by meeting its eligibility requirements and subscribing through the fund's offering process or an approved platform. Visit their website for more details.
You can invest in Federated Hermes Project & Trade Finance Tender Fund daily, subject to eligibility and fund subscription deadlines.
You can redeem shares of Federated Hermes Project & Trade Finance Tender Fund quarterly, subject to redemption limits and notice requirements.
Shares of Federated Hermes Project & Trade Finance Tender Fund can be purchased in USD.
Federated Hermes Project & Trade Finance Tender Fund's fiscal year end is March 31.
Federated Hermes Project & Trade Finance Tender Fund's net asset value was $1,071.2 million and its portfolio had a fair value of $1,032.4 million as of June 30, 2026.
Among other deal types, Federated Hermes Project & Trade Finance Tender Fund primarily makes Debt Investments.
Among other asset classes, Federated Hermes Project & Trade Finance Tender Fund primarily invests in Energy.
Among other regions, Federated Hermes Project & Trade Finance Tender Fund primarily invests in Africa and Globally.
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