Another webinar's this week (all free) from Fidelity. The presenter from outside Fidelity so there is a good possibility that it will be more informative.
"Interest rates and the economy are inherently linked in a hand in glove relationship. This webinar will describe Federated’ s assessment of the current state of both the U.S. and global economies and the opportunities available in the fixed income markets in light of that assessment."
"Join Bill Ehling , CFA®, Market Strategist Client Portfolio Manager, Vice President from Federated Hermes present an economic outlook and forecast for interest rates. Finding opportunities in fixed income given the path of the Fed and interest rates."
https://fidelityevents.com/economicassessmentandfixed-inc?cc_source=em_Publications_892366_167_0
So what is Fidelity's ulterior motive for bringing in a fund manager from outside Fidelity? A quick check and the reason is clear, front end load funds.
"For Class A Shares of the Federated Hermes funds,
load figures reflect the maximum sales charge of 4.5% for fixed income funds and 5.5% for equity funds (except that returns for Short-Term Income Fund, Short-Intermediate Total Return Bond Fund, Short-Intermediate Municipal Fund and Floating Rate Strategic Income Fund reflect the maximum 1% sales charge, returns for Government Ultrashort Fund, Municipal Ultrashort Fund, and Ultrashort Bond Fund reflect the maximum 0% sales charge, and returns for Michigan Intermediate Municipal Fund reflect the maximum 3% sales charge). For other share classes, load figures reflect the maximum sales charge of 1% for Class F Shares and the maximum contingent deferred sales charge of 5.5% for Class B Shares, 1% for Class C Shares, and 1% for Class F Shares."
I would listen to what he has to say and don't even consider buying any funds from Federate Hermes.