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 (22), Kathryn Glass (1), Thomas Scherr (1), 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 | 4.90% | |||
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Dividend Yield (Forward) | -- | |||
Asset Allocation | FIHCX-NASDAQ | Click to Compare |
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Cash | 0.95% | |||
Stock | 0.02% | |||
U.S. Stock | 0.02% | |||
Non-U.S. Stock | 0.00% | |||
Bond | 97.01% | |||
U.S. Bond | 86.24% | |||
Non-U.S. Bond | 10.77% | |||
Preferred | 0.00% | |||
Convertible | 0.00% | |||
Other Net | 2.02% | |||
Price History | FIHCX-NASDAQ | Click to Compare |
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7-Day Total Return | 0.63% | |||
30-Day Total Return | 1.70% | |||
60-Day Total Return | 2.42% | |||
90-Day Total Return | 2.53% | |||
Year to Date Total Return | 3.75% | |||
1-Year Total Return | 7.75% | |||
2-Year Total Return | 17.85% | |||
3-Year Total Return | 22.60% | |||
5-Year Total Return | 21.57% | |||
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 | $8.96 | |||
1-Month Low NAV | $8.88 | |||
1-Month High NAV | $8.96 | |||
52-Week Low NAV | $8.59 | |||
52-Week Low NAV (Date) | Apr 07, 2025 | |||
52-Week High NAV | $9.00 | |||
52-Week High Price (Date) | Oct 01, 2024 | |||
Beta / Standard Deviation | FIHCX-NASDAQ | Click to Compare |
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Beta | 0.81 | |||
Standard Deviation | 8.01 | |||
Balance Sheet | FIHCX-NASDAQ | Click to Compare |
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Total Assets | 7.16B | |||
Operating Ratios | FIHCX-NASDAQ | Click to Compare |
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Expense Ratio | 1.54% | |||
Turnover Ratio | 24.00% | |||
Performance | FIHCX-NASDAQ | Click to Compare |
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Last Bull Market Total Return | 6.43% | |||
Last Bear Market Total Return | -10.06% | |||