0001145549-21-073786.txt : 20211207 0001145549-21-073786.hdr.sgml : 20211207 20211207080306 ACCESSION NUMBER: 0001145549-21-073786 CONFORMED SUBMISSION TYPE: N-CEN PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20210930 FILED AS OF DATE: 20211207 DATE AS OF CHANGE: 20211207 EFFECTIVENESS DATE: 20211207 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Federated Hermes Fixed Income Securities, Inc. CENTRAL INDEX KEY: 0000879569 IRS NUMBER: 251668690 STATE OF INCORPORATION: MD FISCAL YEAR END: 1130 FILING VALUES: FORM TYPE: N-CEN SEC ACT: 1940 Act SEC FILE NUMBER: 811-06447 FILM NUMBER: 211474707 BUSINESS ADDRESS: STREET 1: 4000 ERICSSON DRIVE CITY: WARRENDALE STATE: PA ZIP: 15086-7561 BUSINESS PHONE: 8003417400 MAIL ADDRESS: STREET 1: 4000 ERICSSON DRIVE CITY: WARRENDALE STATE: PA ZIP: 15086-7561 FORMER COMPANY: FORMER CONFORMED NAME: FEDERATED FIXED INCOME SECURITIES INC DATE OF NAME CHANGE: 20200616 FORMER COMPANY: FORMER CONFORMED NAME: FEDERATED HERMES FIXED INCOME SECURITIES INC DATE OF NAME CHANGE: 20200615 FORMER COMPANY: FORMER CONFORMED NAME: FEDERATED FIXED INCOME SECURITIES INC DATE OF NAME CHANGE: 20000810 0000879569 S000009738 Federated Hermes Municipal Ultrashort Fund C000026755 Class A Shares FMUUX C000026756 Institutional Shares FMUSX C000212354 Class R6 Shares FMULX N-CEN 1 primary_doc.xml X0404 N-CEN LIVE 0000879569 XXXXXXXX true false false N-1A S000009738 true Federated Hermes Fixed Income Securities, Inc. 811-06447 0000879569 254900OYMR6KVQBBZ575 Federated Hermes Funds 4000 Ericsson Drive Warrendale 15086-7561 US-PA US 8003417400 Federated Hermes Fixed Income Securities, Inc. Federated Hermes Funds 4000 Ericsson Drive Warrendale 15086-7561 8003417400 Registrant - All records required to be maintained that are not maintained by other service providers. Federated Administrative Services 1001 Liberty Avenue Pittsburgh 15222-3779 4122881900 Administrator - Records include but are not limited to those related to calculation of NAV, income and expense accruals, securities pricing, preparation of regulatory documents, financial books and records, performance calculations and tax related documents. Federated Securities Corp. 1001 Liberty Avenue Pittsburgh 15222-3779 4122881900 Distributor - Records include but are not limited to trade blotters, asset and liability ledgers, income and expense ledgers, capital account ledgers, customer account ledgers, securities records, order tickets and trade confirmations. Federated Advisory Services Company 1001 Liberty Avenue Pittsburgh 15222-3779 4122881900 Advisor - All investment advisor records required to be maintained that are not maintained by other service providers. The Bank of New York Mellon One Wall Street New York 10286 5088714582 Custodian - Fund securities and cash records State Street Bank and Trust Company P.O. Box 219318 Kansas City 64121-9318 8168714100 Transfer Agent and Dividend Disbursing Agent - Fund shareholder records Federated Investment Management Company 1001 Liberty Avenue Pittsburgh 15222-3779 4122881900 Advisor - All investment advisor records required to be maintained that are not maintained by other service providers. N N N-1A 2 Y J. Christopher Donahue 000814703 Y John T. Collins N/A N G. Thomas Hough N/A N Maureen Lally-Green N/A N Charles F. Mansfield Jr. N/A N Thomas M. O'Neill N/A N P. Jerome Richey N/A N John S. Walsh N/A N Madelyn A. Reilly N/A N John B. Fisher N/A Y Stephen Van Meter 006020413 1001 Liberty Avenue Pittsburgh 15222-3779 XXXXXX N N N N N N Federated Securities Corp. 8-15561-1 000005009 254900FMT7XR4QROXG14 Y N KPMG LLP 00185 N/A N N N N N N N Federated Hermes Municipal Ultrashort Fund S000009738 6ZXTUV90KY21QB935D74 N 3 0 0 N/A N N Y N Citibank N.A. E57ODZWZ7FF32TWEFA76 N N Revenue sharing split N/A N/A Rule 17a-7 (17 CFR 270.17a-7) Rule 22d-1 (17 CFR 270.22d-1) Rule 32a-4 (17 CFR 270.32a-4) Y Y N N Federated Advisory Services Company 801-62500 000128611 2549006YWZSXL9PUIY05 N Federated Investment Management Company 801-34612 000105138 549300SP92SGS5AXSV67 N State Street Bank and Trust Company 85-05003 571474TGEMMWANRLN572 N N N ICE Data Pricing & Reference Data, LLC 5493000NQ9LYLDBCTL34 N Bloomberg Finance L.P. 5493001KJTIIGC8Y1R12 N N The Bank of New York Mellon HPFHU0OQ28E4N0NFVK49 N N Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) N State Street Bank and Trust Company 571474TGEMMWANRLN572 N N N Federated Administrative Services 801-48206 SEC File Number Y N N Federated Securities Corp. 8-15561-1 000005009 254900FMT7XR4QROXG14 0.000000000000 0.000000000000 Barclays Capital Inc. 8-41342-1 000019714 AC28XWWI3WIBK2824319 366465681.050000000000 BNY Mellon Capital Markets, LLC 8-35255-1 000017454 VJW2DOOHGDT6PR0ZRO63 289200583.340000000000 BofA Securities, Inc. 8-69787-1 000283942 549300HN4UKV1E2R3U73 505979602.500000000000 Citigroup Global Markets Inc. 8-08177-1 000007059 MBNUM2BPBDO7JBLYG310 307421799.000000000000 Goldman Sachs & Co. LLC 8-00129-1 000000361 FOR8UP27PHTHYVLBNG30 397515000.000000000000 J.P. Morgan Securities LLC 8-35008-1 000000079 ZBUT11V806EZRVTWT807 987478189.990000000000 Jefferies LLC 8-15074-1 000002347 58PU97L1C0WSRCWADL48 264771492.680000000000 Morgan Stanley & Co. LLC 8-15869-1 000008209 9R7GPTSO7KV3UQJZQ078 504392524.000000000000 Truist Securities, Inc. 8-17212-1 000006271 CSVTK36R0PNGXEM7NS14 478415000.000000000000 Wells Fargo Securities, LLC 8-65876-1 000126292 VYVVCKR63DVZZN70PB21 211943862.500000000000 5113753771.910000000000 N 2919820871.389370000000 0.000000000000 Committed 500000000.000000000000 N N N N true INTERNAL CONTROL RPT 2 icr_fedfixedincomesec.htm INTERNAL CONTROL REPORT - FEDERATED HERMES FIXED INCOME SECURITIES, INC.

Report of Independent Registered Public Accounting Firm 

  

To the Board of Directors of Federated Hermes Fixed Income Securities, Inc. and the Shareholders of Federated Hermes Municipal Ultrashort Fund: 

  

In planning and performing our audit of the financial statements of Federated Hermes Municipal Ultrashort Fund, (“the Fund”), a series of the Federated Hermes Fixed Income Securities, Inc. as of and for the year ended September 30, 2021, in accordance with the standards of the Public Company Accounting Oversight Board (United States), we considered the Fund’s internal control over financial reporting, including controls over safeguarding securities, as a basis for designing our auditing procedures for the purpose of expressing our opinion on the financial statements and to comply with the requirements of Form N-CEN, but not for the purpose of expressing an opinion on the effectiveness of the Fund’s internal control over financial reporting.  Accordingly, we express no such opinion. 

  

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

  

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

  

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

  

Our consideration of the Fund’s internal control over financial reporting was for the limited purpose described in the first paragraph and would not necessarily disclose all deficiencies in internal control that might be material weaknesses under standards established by the Public Company Accounting Oversight Board (United States). However, we noted no deficiencies in the Fund’s internal control over financial reporting and its operations, including controls over safeguarding securities that we consider to be a material weakness as defined above as of September 30, 2021. 

  

This report is intended solely for the information and use of management and the Board of Directors of Federated Hermes Fixed Income Securities, Inc. and the Securities and Exchange Commission and is not intended to be and should not be used by anyone other than these specified parties. 

  

/s/ KPMG LLP 

  

Boston, Massachusetts 

November 22, 2021