---
ticker: "PAYR"
name: "Federated Hermes ETF Trust - Federated Hermes Enhanced Income ETF"
url: "https://etf.net/etf/PAYR"
grade: "B"
score: 68
graded_at: "2026-10-12"
category: "Active Option Income"
category_rank: "10 of 51"
methodology: "https://etf.net/methodology"
---

# PAYR: Federated Hermes ETF Trust - Federated Hermes Enhanced Income ETF

Grade **B**, Score 68 of 100. Rank 10 of 51 in Active Option Income.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 77 | 12 of 51 |
| Mission | Not scored | — |
| Risk | 68 | 12 of 46 |
| Tradability | 54 | 23 of 51 |
| Holdings | 73 | 12 of 42 |
| Durability | 52 | 27 of 51 |

## Top holdings

The fund holds 54 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | USB | Us Bancorp | 4.01% |
| 2 | PAYX | Paychex Inc | 3.82% |
| 3 | TTE.PA | Totalenergies SE | 3.48% |
| 4 | BTI | British American Tob-Sp A | 3.26% |
| 5 | VZ | Verizon Communications In | 3.23% |
| 6 | 0Y6X.L | Medtronic PLC | 3.21% |
| 7 | PFE | Pfizer Inc | 2.97% |
| 8 | ENB.TO | Enbridge Inc | 2.94% |
| 9 | SNY | Sanofi-Adr | 2.92% |
| 10 | RF | Regions Financial Corp | 2.84% |
| 11 | FE | Firstenergy Corp | 2.74% |
| 12 | PLD | Prologis Inc | 2.73% |
| 13 | KIM | Kimco Realty Corp | 2.67% |
| 14 | CME | Cme Group Inc | 2.62% |
| 15 | PNC | Pnc Financial Services Gr | 2.59% |
| 16 | PEP | Pepsico Inc | 2.52% |
| 17 | WEC | Wec Energy Group Inc | 2.48% |
| 18 | CVX | Chevron Corp | 2.39% |
| 19 | AMT | American Tower Corp | 2.29% |
| 20 | AMCR | Amcor PLC | 2.28% |
| 21 | MDLZ | Mondelez International In | 2.27% |
| 22 | NGG | National Grid Plc-Sp Adr | 2.26% |
| 23 | PPL | Ppl Corp | 2.25% |
| 24 | PM | Philip Morris Internation | 2.25% |
| 25 | EVRG | Evergy Inc | 2.21% |
| 26 | TRP.TO | Tc Energy Corp | 2.12% |
| 27 | KMB | Kimberly-Clark Corp | 2.05% |
| 28 | ABBV | AbbVie Inc | 1.94% |
| 29 | DUK | Duke Energy Corp | 1.91% |
| 30 | — | Treasury Bill Dn 12/26 | 1.85% |

Source: etf.net, https://etf.net/etf/PAYR. Please cite the page URL.