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    <isConfidential>false</isConfidential>
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          <cik>0001677615</cik>
          <ccc>XXXXXXXX</ccc>
        </issuerCredentials>
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      <regName>Federated Hermes Project &amp; Trade Finance Tender Fund</regName>
      <regFileNumber>811-23174</regFileNumber>
      <regCik>0001677615</regCik>
      <regLei>254900KZZTQ7NIF5KQ63</regLei>
      <regStreet1>Federated Hermes Funds</regStreet1>
      <regStreet2>4000 Ericsson Drive</regStreet2>
      <regCity>Warrendale</regCity>
      <regStateConditional regCountry="US" regState="US-PA"/>
      <regZipOrPostalCode>15086-7561</regZipOrPostalCode>
      <regPhone>8003417400</regPhone>
      <seriesName>Federated Hermes Project &amp; Trade Finance Tender Fund</seriesName>
      <seriesLei>254900KZZTQ7NIF5KQ63</seriesLei>
      <repPdEnd>2026-03-31</repPdEnd>
      <repPdDate>2025-12-31</repPdDate>
      <isFinalFiling>N</isFinalFiling>
    </genInfo>
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      <totLiabs>6882489.950000000000</totLiabs>
      <netAssets>1005173094.920000000000</netAssets>
      <assetsAttrMiscSec>0.000000000000</assetsAttrMiscSec>
      <assetsInvested>0.000000000000</assetsInvested>
      <amtPayOneYrBanksBorr>0.000000000000</amtPayOneYrBanksBorr>
      <amtPayOneYrCtrldComp>0.000000000000</amtPayOneYrCtrldComp>
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      <standByCommit>0.000000000000</standByCommit>
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      <isNonCashCollateral>N</isNonCashCollateral>
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          <nameDesignatedIndex>Securities Portfolio VaR</nameDesignatedIndex>
          <indexIdentifier>Designated Reference Portfolio is the Fund's Securities Portfolio</indexIdentifier>

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        <identifiers>
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        <units>NC</units>
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        <valUSD>-23725.8900000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>State Street Bank &amp; Trust Co.</counterpartyName>
              <counterpartyLei>571474TGEMMWANRLN572</counterpartyLei>
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            <amtCurSold>8000000.0000000000</amtCurSold>
            <curSold>EUR</curSold>
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            <curPur>USD</curPur>
            <settlementDt>2026-01-26</settlementDt>
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        <name>Vicentin S.A.I.C.</name>
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        <identifiers>
          <other otherDesc="LoanX ID" value="927MFGII3"/>
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        <invCountry>AR</invCountry>
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        <name>State Oil Company of Azerbaijan Republic</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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          <isLoanByFund>N</isLoanByFund>
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        <lei>N/A</lei>
        <title>The Republic of Benin EUR Fixed Uninsured Tied Commercial Facility</title>
        <cusip>000000000</cusip>
        <identifiers>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Azule Energy Holding Ltd</name>
        <lei>N/A</lei>
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        <cusip>000000000</cusip>
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          <other otherDesc="Internal Identifier" value="948CZYII9"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Maher Terminal LLC</name>
        <lei>5493003O33D623BOS892</lei>
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        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="BA0002MF5"/>
        </identifiers>
        <balance>4268571.44</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4268571.4400000000</valUSD>
        <pctVal>0.4246603358</pctVal>
        <payoffProfile>Long</payoffProfile>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
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          <isPaidKind>N</isPaidKind>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BlueNord Energy Denmark AS</name>
        <lei>213800GRFGOYKMAT8217</lei>
        <title>BLUENORD ENERGY DENMARK AS TERM LOAN</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="BA00054P6"/>
        </identifiers>
        <balance>9043478.26</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>9043478.2600000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
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        <invCountry>DK</invCountry>
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        <debtSec>
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          <couponKind>Floating</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Tillman Infrastructure ABS SUB 1, LLC</name>
        <lei>549300QY0CJBJHW55V24</lei>
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        <cusip>000000000</cusip>
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          <other otherDesc="Internal Identifier" value="BA0005RV8"/>
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        <curCd>USD</curCd>
        <valUSD>8563604.1400000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>
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        <invCountry>DE</invCountry>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Caliche Development Partners III LLC, SPV</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>BANK OF INDUSTRY LIMITED</name>
        <lei>5493006N5JD4B34R6G14</lei>
        <title>Bank of Industry Limited2024 3 Year Syndicated AFC Term Loan</title>
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        <identifiers>
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        <balance>8750000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>8750000.0000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NG</invCountry>
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        <fairValLevel>3</fairValLevel>
        <debtSec>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>YECO LEASING LIMITED</name>
        <lei>N/A</lei>
        <title>Yeco Leasing LimitedSenior Secured Portfolio Aircraft Financing</title>
        <cusip>000000000</cusip>
        <identifiers>
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        <balance>14211083.76</balance>
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        <curCd>USD</curCd>
        <valUSD>14211083.7600000000</valUSD>
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      <invstOrSec>
        <name>Government of Arab Republic of Egypt EGY/0231</name>
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        <name>TRAFIGURA PTE LTD</name>
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        <title>Trafigura PTE LTD2025 Syndicated Finance Facility</title>
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        <identifiers>
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        <name>QNB FINANSBANK ANONIM SIRKETI</name>
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        <title>QNB Finansbank Anonim Sirketi2025 Trade Loan</title>
        <cusip>000000000</cusip>
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        <valUSD>20000000.0000000000</valUSD>
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        <invCountry>TR</invCountry>
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        <fairValLevel>3</fairValLevel>
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        <name>ENERGIA MAYAKAN S DE RL DE CV</name>
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        <title>Energia Mayakan S de RL de CVTerm Loan (2125M)</title>
        <cusip>000000000</cusip>
        <identifiers>
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        <balance>6277059.37</balance>
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        <valUSD>6277059.3700000000</valUSD>
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      <invstOrSec>
        <name>UBS AG</name>
        <lei>BFM8T61CT2L1QCEMIK50</lei>
        <title>PURCHASED USD / SOLD GBP</title>
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        <identifiers>
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      <invstOrSec>
        <name>Government of The Republic of Kenya Acting through The National Treasury</name>
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        <title>Government of The Republic of Kenya Acting through The National Treasury 2019 Syndicated Term Loan facility</title>
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      <invstOrSec>
        <name>Avolon TLB Borrower 1 US LLC</name>
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        <title>Avolon TLB Borrower 1 US LLC2023 Term Loan B6</title>
        <cusip>05400KAJ9</cusip>
        <identifiers>
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        <issuerCat>CORP</issuerCat>
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        <name>Toronto-Dominion Bank</name>
        <lei>PT3QB789TSUIDF371261</lei>
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      <invstOrSec>
        <name>Credit Agricole CIB</name>
        <lei>1VUV7VQFKUOQSJ21A208</lei>
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      <invstOrSec>
        <name>Federated Hermes Government Obligations Fund</name>
        <lei>254900VAJ9169N7JRF45</lei>
        <title>Federated Hermes Government Obligations Fund</title>
        <cusip>608919718</cusip>
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          <ticker value="GOFXX"/>
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        <balance>8807678.84</balance>
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        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <securityLending>
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      <invstOrSec>
        <name>Harmony Gold Mining Company Limited</name>
        <lei>N/A</lei>
        <title>HARMONY GOLD MINING COMP LTD TERM LOAN</title>
        <cusip>000000000</cusip>
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        <balance>5500000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>5500000.0000000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
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        <name>HTA Group Ltd</name>
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        <name>Republic of Cote d'Ivoire The</name>
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        <name>NATIONAL BANK OF EGYPT</name>
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        <name>Dobson Technologies, Inc</name>
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        <name>Tartaruga MV29 B.V.</name>
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        <name>The Republic of Angola</name>
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        <name>JOINT STOCK COMPANY ASAKABANK</name>
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        <name>Dangote Industries Limited</name>
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        <name>Sonangol Finance Ltd.</name>
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        <name>The Republic of Benin</name>
        <lei>N/A</lei>
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        <name>Phoenix Tower International Chile SPA</name>
        <lei>N/A</lei>
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        <assetCat>LON</assetCat>
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        <invCountry>CL</invCountry>
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          <couponKind>Floating</couponKind>
          <annualizedRt>7.6700000000</annualizedRt>
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        <name>International Beverage Tashkent</name>
        <lei>N/A</lei>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>XX</invCountry>
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        <fairValLevel>3</fairValLevel>
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          <couponKind>Floating</couponKind>
          <annualizedRt>8.7600000000</annualizedRt>
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        <name>NEO ENERGY GROUP LIMITED</name>
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        <name>Northern Hydrocarbon Funding Limited (NH)</name>
        <lei>N/A</lei>
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          <other otherDesc="Internal Identifier" value="BA000NB04"/>
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        <curCd>USD</curCd>
        <valUSD>13054161.1700000000</valUSD>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Ministry of Treasury and Finance of the Republic of Turkiye</name>
        <lei>N/A</lei>
        <title>Ministry of Treasury and Finance of the Republic of TurkiyeUnsecured Term Loan</title>
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          <other otherDesc="Internal Identifier" value="BA000QZF8"/>
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        <balance>11413312.07</balance>
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        <curCd>USD</curCd>
        <valUSD>11413312.0700000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
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        <invCountry>TR</invCountry>
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        <fairValLevel>3</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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        <name>Companhia Siderurgica Nacional S.A.</name>
        <lei>529900K40TEND42S0T46</lei>
        <title>Companhia Siderurgica Nacional S.A.2022 Fixed Term Loan</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="BA000S336"/>
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        <balance>8550000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8547571.7100000000</valUSD>
        <pctVal>0.8503581874</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2026-02-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.7000000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TRANSNET SOC LTD</name>
        <lei>378900B07CD6F01EA796</lei>
        <title>Transnet SOC LtdTerm Loan</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="LoanX ID" value="LX205870"/>
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        <balance>8175000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8175000.0000000000</valUSD>
        <pctVal>0.8132927594</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-21</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.4000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Venture Global Plaquemines LNG LLC</name>
        <lei>549300TKP4I6OJ02BF90</lei>
        <title>Venture Global Plaquemines LNG LLC2024 Contingency Reserve Delayed Draw Term Loan</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="LoanX ID" value="LX215413"/>
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        <balance>375214.62</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>374276.5800000000</valUSD>
        <pctVal>0.0372350376</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.9400000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>JSC UzAuto Motors</name>
        <lei>25490082QA3E2MKBZI88</lei>
        <title>JSC UzAuto Motors 2023 Unsecured Syndicated Term Loan</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="953GFGII3"/>
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        <balance>1600000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1600000.0000000000</valUSD>
        <pctVal>0.1591765645</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>XX</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-24</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.5100000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Alfa Lula Alto SARL</name>
        <lei>549300EXUOF3G2SCPA35</lei>
        <title>Alfa Lula Alto SARL Term Loan Tranche A</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="953LSXII1"/>
        </identifiers>
        <balance>7116978.60</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7233071.4700000000</valUSD>
        <pctVal>0.7195846672</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.5000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
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      <invstOrSec>
        <name>HTA GROUP LTD</name>
        <lei>213800WEFU8O8X6EPU13</lei>
        <title>HTA Group Ltd 2024 Term Loan Tranche A</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="BA0004MM6"/>
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        <balance>5800000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5725722.2400000000</valUSD>
        <pctVal>0.5696254972</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-13</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.0600000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Eastern and Southern African Trade and Development Bank</name>
        <lei>2138004HC83AB2ENIZ64</lei>
        <title>Eastern and Southern African Trade and Development Bank2024 USD Tranche A Term Loan</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="BA000CPH6"/>
        </identifiers>
        <balance>4000000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3999328.0000000000</valUSD>
        <pctVal>0.3978745571</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-16</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.4700000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>P.M.I. Trading, DAC</name>
        <lei>N/A</lei>
        <title>P.M.I. Trading, DACFixed Single Receivable discounting Term Loan 6</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="BA000TFL1"/>
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        <balance>15000000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>14981131.9500000000</valUSD>
        <pctVal>1.4904031978</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.7200000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>IHS Holding Limited, Cayman Island Incorporation</name>
        <lei>213800CLGMKL63VKTD94</lei>
        <title>IHS Holding Limited, Cayman Island Incorporation 2024 Unsecured Term Loan</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="LoanX ID" value="LX268160"/>
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        <balance>9500000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>9500000.0000000000</valUSD>
        <pctVal>0.9451108519</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NG</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-09</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.4000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Toronto-Dominion Bank</name>
        <lei>PT3QB789TSUIDF371261</lei>
        <title>PURCHASED USD / SOLD EUR</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Trade Identifier" value="25IPKBB0J4S"/>
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        <balance>1.0</balance>
        <units>NC</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8500730160"/>
        <valUSD>500642.7700000000</valUSD>
        <pctVal>0.0498066226</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <fwdDeriv derivCat="FWD">
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              <counterpartyName>Toronto-Dominion Bank</counterpartyName>
              <counterpartyLei>PT3QB789TSUIDF371261</counterpartyLei>
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            <amtCurSold>43900000.0000000000</amtCurSold>
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            <settlementDt>2026-01-26</settlementDt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Minister of Finance of Ukraine</name>
        <lei>N/A</lei>
        <title>Minister of Finance of Ukraine EUR Senior Unsecured Term Loan</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="941XPRII6"/>
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        <balance>3500000.00</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8509190000"/>
        <valUSD>3711380.5200000000</valUSD>
        <pctVal>0.3692280005</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>UA</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.1600000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PJSC Acron</name>
        <lei>N/A</lei>
        <title>PJSC Acron Syndicated Committed Pre-Export Finance Facility</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="943LUUII7"/>
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        <balance>2399999.98</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2394822.9900000000</valUSD>
        <pctVal>0.2382498101</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-18</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.6600000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Navoi Mining and Metallurgical Company</name>
        <lei>N/A</lei>
        <title>Navoi Mining and Metallurgical Company Unsecured Term Loan</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="943VFNII8"/>
        </identifiers>
        <balance>379069.39</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>379069.3900000000</valUSD>
        <pctVal>0.0377118520</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>XX</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.6300000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CC Energy Development Limited - BVI Incorporated</name>
        <lei>3003002B8IFJYQS02Y36</lei>
        <title>CC Energy Development Limited - BVI Incorporated Borrowing Base Facility</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="948AVXII9"/>
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        <balance>11000000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>11000000.0000000000</valUSD>
        <pctVal>1.0943388811</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>OM</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-31</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.6500000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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      <invstOrSec>
        <name>Sonangol Finance Ltd.</name>
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        <name>VMOS SA</name>
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        <name>YAPI VE KREDI BANKASI AS</name>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>JSC ALMALYK MMC</name>
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        <identifiers>
          <other otherDesc="Internal Identifier" value="BA000NF26"/>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>IHS Zambia</name>
        <lei>N/A</lei>
        <title>IHS Zambia 2021 Term Loan</title>
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          <other otherDesc="Internal Identifier" value="941EAZII6"/>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
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        <invCountry>ZM</invCountry>
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        <fairValLevel>3</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>NIGERIA LNG LIMITED</name>
        <lei>N/A</lei>
        <title>Nigeria LNG LimitedCommercial Term Loan</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="BA000J6P4"/>
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        <balance>7993481.63</balance>
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        <curCd>USD</curCd>
        <valUSD>7928998.6100000000</valUSD>
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        <assetCat>LON</assetCat>
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        <invCountry>NG</invCountry>
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        <fairValLevel>3</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>State Street Bank &amp; Trust Co.</name>
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          <other otherDesc="Trade Identifier" value="25JQKBBXLMC"/>
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        <name>Guarantor Aercap Holdings N.V</name>
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        <title>Guarantor Aercap Holdings N.V Term Loan</title>
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        <identifiers>
          <other otherDesc="Internal Identifier" value="941VTUII9"/>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
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      <invstOrSec>
        <name>Eesti Energia AS</name>
        <lei>5493005044RTLQ5RZU70</lei>
        <title>Eesti Energia AS EUR Term Loan</title>
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        <identifiers>
          <other otherDesc="Internal Identifier" value="953FWKII7"/>
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        <currencyConditional curCd="EUR" exchangeRt="0.8509190000"/>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>EE</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>The Republic of Benin MOF 2</name>
        <lei>635400Q11P6AE5A5Y230</lei>
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        <cusip>000000000</cusip>
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          <other otherDesc="Internal Identifier" value="953LSWII3"/>
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        <assetCat>LON</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>XX</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
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      <invstOrSec>
        <name>Alfa Lula Alto SARL</name>
        <lei>549300EXUOF3G2SCPA35</lei>
        <title>Alfa Lula Alto SARL Term Loan Tranche B</title>
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        <identifiers>
          <other otherDesc="Internal Identifier" value="953LSYII9"/>
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        <valUSD>1866123.0900000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>Phoenix Tower International (PTI) Iberica V, NewCo</name>
        <lei>N/A</lei>
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        <identifiers>
          <other otherDesc="Internal Identifier" value="953PQFII3"/>
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        <invCountry>IT</invCountry>
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        <name>Gridiron Fiber Corp.</name>
        <lei>254900FRDJ7U5ZYHHW28</lei>
        <title>Gridiron Fiber Corp. 2023 Term Loan</title>
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        <identifiers>
          <other otherDesc="Internal Identifier" value="953SAXII5"/>
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        <valUSD>10917500.0000000000</valUSD>
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        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Republic of Senegal Ministry of Finance and Budget</name>
        <lei>N/A</lei>
        <title>Republic of Senegal Ministry of Finance and Budget 2023 EUR 1st Lien Term Loan</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="BA0000GC3"/>
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        <assetCat>LON</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>XX</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-22</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.9400000000</annualizedRt>
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      <invstOrSec>
        <name>Republic of Cote d'Ivoire The</name>
        <lei>N/A</lei>
        <title>Republic of Cote d'Ivoire The 2024 EUR Upsize Term Loan</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="BA0003TP4"/>
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        <balance>12500000.00</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.8509190000"/>
        <valUSD>14689999.8700000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CI</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2026-03-09</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.1500000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Government of Arab Republic of Egypt EGY-228 (GASC)</name>
        <lei>N/A</lei>
        <title>Government of Arab Republic of Egypt EGY-228 (GASC) Syndicated ITFC Murabaha facility (EGY/0228)</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="BA00054Q4"/>
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        <balance>352121.44</balance>
        <units>PA</units>
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    <signature>
      <ncom:dateSigned>2026-02-24</ncom:dateSigned>
      <ncom:nameOfApplicant>Federated Hermes Project &amp; Trade Finance Tender Fund</ncom:nameOfApplicant>
      <ncom:signature>Stephen Van Meter</ncom:signature>
      <ncom:signerName>Federated Hermes Project &amp; Trade Finance Tender Fund</ncom:signerName>
      <ncom:title>Chief Compliance Officer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
