Federated Hermes Institutional High Yield Bond Fund Class C Shares
FIHCX
NASDAQ
| Weiss Ratings | FIHCX-NASDAQ | Click to Compare |
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| Rating | ||||
| Reward Index | Fair | |||
| Reward Grade | C- | |||
| Risk Index | Fair | |||
| Risk Grade | C | |||
| Company Info | FIHCX-NASDAQ | Click to Compare |
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| Provider | Federated | |||
| Manager/Tenure (Years) | Mark E. Durbiano (23), Kathryn Glass (2), Thomas Scherr (2), 1 other | |||
| Website | http://www.federatedinvestors.com | |||
| Fund Information | FIHCX-NASDAQ | Click to Compare |
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| Fund Name | Federated Hermes Institutional High Yield Bond Fund Class C Shares | |||
| Category | High Yield Bond | |||
| Sub-Category | US Fixed Income | |||
| Prospectus Objective | Corporate Bond - High Yield | |||
| Inception Date | Feb 10, 2023 | |||
| Open/Closed To New Investors | Open | |||
| Minimum Initial Investment | 1,500.00 | |||
| Minimum Subsequent Investment | 100.00 | |||
| Front End Fee | -- | |||
| Back End Fee | 0.01 | |||
| Dividends and Shares | FIHCX-NASDAQ | Click to Compare |
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| Dividend Yield | 5.37% | |||
| Dividend | FIHCX-NASDAQ | Click to Compare |
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| Dividend Yield (Forward) | -- | |||
| Asset Allocation | FIHCX-NASDAQ | Click to Compare |
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| Cash | 0.51% | |||
| Stock | 0.37% | |||
| U.S. Stock | 0.37% | |||
| Non-U.S. Stock | 0.00% | |||
| Bond | 97.21% | |||
| U.S. Bond | 85.29% | |||
| Non-U.S. Bond | 11.92% | |||
| Preferred | 0.00% | |||
| Convertible | 0.00% | |||
| Other Net | 1.91% | |||
| Price History | FIHCX-NASDAQ | Click to Compare |
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| 7-Day Total Return | -0.26% | |||
| 30-Day Total Return | -0.06% | |||
| 60-Day Total Return | 0.05% | |||
| 90-Day Total Return | 0.75% | |||
| Year to Date Total Return | 0.05% | |||
| 1-Year Total Return | 5.57% | |||
| 2-Year Total Return | 13.32% | |||
| 3-Year Total Return | 22.97% | |||
| 5-Year Total Return | 14.75% | |||
| Price | FIHCX-NASDAQ | Click to Compare |
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| Closing Price | -- | |||
| 1-Month Low Price | -- | |||
| 1-Month High Price | -- | |||
| 52-Week Low Price | -- | |||
| 52-Week Low Price (Date) | -- | |||
| 52-Week High Price | -- | |||
| 52-Week High Price (Date) | -- | |||
| NAV | FIHCX-NASDAQ | Click to Compare |
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| Nav | $8.92 | |||
| 1-Month Low NAV | $8.92 | |||
| 1-Month High NAV | $8.97 | |||
| 52-Week Low NAV | $8.59 | |||
| 52-Week Low NAV (Date) | Apr 07, 2025 | |||
| 52-Week High NAV | $9.06 | |||
| 52-Week High Price (Date) | Sep 23, 2025 | |||
| Beta / Standard Deviation | FIHCX-NASDAQ | Click to Compare |
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| Beta | 0.62 | |||
| Standard Deviation | 4.34 | |||
| Balance Sheet | FIHCX-NASDAQ | Click to Compare |
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| Total Assets | 4.92B | |||
| Operating Ratios | FIHCX-NASDAQ | Click to Compare |
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| Expense Ratio | 1.54% | |||
| Turnover Ratio | 21.00% | |||
| Performance | FIHCX-NASDAQ | Click to Compare |
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| Last Bull Market Total Return | 6.43% | |||
| Last Bear Market Total Return | -10.06% | |||