# EDGAR Filing Document

**Accession Number:** 0001707560
**File Stem:** 0001623632-26-000195
**Filing Date:** 2026-2
**Character Count:** 2890
**Document Hash:** 8175bac15b06d5bcb67b2ddf0e641891
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001623632-26-000195.hdr.sgml**: 20260202

**ACCESSION NUMBER**: 0001623632-26-000195

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20260202

**DATE AS OF CHANGE**: 20260202

**EFFECTIVENESS DATE**: 20260202

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Federated Hermes Adviser Series
- **CENTRAL INDEX KEY:** 0001707560

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-218374
- **FILM NUMBER:** 26588085

**BUSINESS ADDRESS:**
- **STREET 1:** 4000 ERICSSON DRIVE
- **CITY:** WARRENDALE
- **STATE:** PA
- **ZIP:** 15086-7561
- **BUSINESS PHONE:** 1-800-341-7400

**MAIL ADDRESS:**
- **STREET 1:** 4000 ERICSSON DRIVE
- **CITY:** WARRENDALE
- **STATE:** PA
- **ZIP:** 15086-7561

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Federated Adviser Series
- **DATE OF NAME CHANGE:** 20200616

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Federated Hermes Adviser Series
- **DATE OF NAME CHANGE:** 20200615

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Federated Adviser Series
- **DATE OF NAME CHANGE:** 20180820

## Series and Classes Contracts Data

### Federated Hermes Conservative Microshort Fund (Series ID: S000070656)

---

|  |  |  |
|:---|:---|:---|
| Class Name           | Ticker Symbol | Class ID   |
| Institutional Shares | FHCOX         | C000224641 |
| Class A Shares       | FHCBX         | C000224642 |

---

## Series and Classes Contracts Data

### Federated Hermes Conservative Microshort Fund (Series ID: S000070656)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000224641 | Institutional Shares | FHCOX           |
| C000224642 | Class A Shares       | FHCBX           |

Federated Hermes Conservative Microshort Fund

**A Portfolio of Federated Hermes Adviser Series**

**CLASS A SHARES (TICKER FHCBX)** <br>**INSTITUTIONAL SHARES (TICKER FHCOX)** <br>

------

**SUPPLEMENT TO SUMMARY PROSPECTUS, PROSPECTUS AND STATEMENT OF ADDITIONAL INFORMATION DATED OCTOBER 31, 2025** 

Paige M. Wilhelm will retire on July 1, 2026. Effective upon her retirement, Ms. Wilhelm will no longer serve as a portfolio manager of the Fund. Accordingly, effective July 1, 2026, please remove all references to Ms. Wilhelm from the Summary Prospectus, Prospectus and Statement of Additional Information.

The other members of the management team will continue to manage the Fund.

February 2, 2026

![](fhilogok11p.jpg)

Federated Hermes Conservative Microshort Fund <br>Federated Hermes Funds <br>4000 Ericsson Drive <br> Warrendale, PA 15086-7561

Contact us at **FederatedHermes.com/us** <br>or call 1-800-341-7400.

Federated Securities Corp., Distributor

*Q457184 (2/26)*© 2026 Federated Hermes, Inc.

------