Federated Hermes Emerging Market Debt Fund Institutional Shares (EMDIX)
| Fund Assets | 26.24M |
| Expense Ratio | 0.94% |
| Min. Investment | $1,000,000 |
| Turnover | 59.00% |
| Dividend (ttm) | 0.13 |
| Dividend Yield | 1.51% |
| Dividend Growth | n/a |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 13, 2026 |
| Previous Close | 8.83 |
| YTD Return | -1.46% |
| 1-Year Return | 12.89% |
| 5-Year Return | 19.47% |
| 52-Week Low | 7.59 |
| 52-Week High | 9.27 |
| Beta (5Y) | n/a |
| Holdings | 138 |
| Inception Date | Mar 30, 2012 |
About EMDIX
Federated Hermes Emerging Markets Debt Fund Institutional Shares is an actively managed mutual fund focused on debt securities from developing countries. Its primary objective is total return, with a secondary goal of generating a high level of income, achieved by investing predominantly in sovereign and corporate bonds across emerging markets and in both local- and U.S. dollar–denominated issues. The strategy sits within the Emerging Markets Bond category and typically maintains a diversified portfolio of over 100 holdings with moderate interest-rate sensitivity, as reflected by an effective duration profile cited by independent research providers. The fund employs a research-driven approach that blends country selection, security analysis, and risk management, supplemented by futures for duration positioning and liquidity management. Managed by Federated Hermes, it is designed for institutional investors, featuring a higher minimum initial investment and an expense ratio consistent with peers in its category. Within the broader fixed income landscape, it offers exposure to the growth dynamics and credit premia of emerging economies, serving as a potential diversifier relative to developed-market bond allocations.
Performance
EMDIX had a total return of 12.89% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.53%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 13, 2026 | $0.0407 | Mar 16, 2026 |
| Feb 13, 2026 | $0.0445 | Feb 17, 2026 |
| Jan 13, 2026 | $0.0481 | Jan 14, 2026 |
| Feb 13, 2025 | $0.0264 | Feb 14, 2025 |
| Dec 30, 2024 | $0.0814 | Dec 31, 2024 |
| Nov 13, 2024 | $0.0379 | Dec 2, 2024 |