The Federated Hermes Prudent Bear Fund Class A (ticker: BEARX) is a mutual fund that aims to provide investors with a way to potentially profit from declining stock markets. This fund primarily invests in short positions on stocks, meaning it bets against the performance of certain companies. This strategy is known as "short selling" and can be used to hedge against market downturns or to generate returns in a bear market. The fund is managed by Federated Hermes, a global investment management firm, and is classified as a "prudent" fund, meaning it takes a cautious approach to investing. Overall, BEARX is a specialized mutual fund that may appeal to investors looking to diversify their portfolio and potentially benefit from market downturns.