Federated Hermes Corporate Bond Fund Class A Shares (FDBAX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
8.39
-0.01 (-0.12%)
Jul 3, 2025, 4:00 PM EDT
1.82%
Fund Assets 1.11B
Expense Ratio 0.86%
Min. Investment $1,500
Turnover n/a
Dividend (ttm) 0.30
Dividend Yield 3.42%
Dividend Growth 1.87%
Payout Frequency Monthly
Ex-Dividend Date Jun 24, 2025
Previous Close 8.40
YTD Return 3.52%
1-Year Return 4.93%
5-Year Return 1.90%
52-Week Low 8.14
52-Week High 8.57
Beta (5Y) 0.31
Holdings 413
Inception Date Jun 28, 1995

About FDBAX

The Federated Hermes Corporate Bond Fund Class A Shares (FDBAX) seeks to provide as high a level of current income as is consistent with the preservation of capital. FDBAX invests primarily in a diversified portfolio of investment-grade corporate debt securities. FDBAX may also invest in other fixed income securities and derivative contracts and/or hybrid instruments.

Fund Family Federated Hermes A
Category Corporate Bond
Stock Exchange NASDAQ
Ticker Symbol FDBAX
Share Class Class A Shares
Index Bloomberg U.S. Credit TR

Performance

FDBAX had a total return of 4.93% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.87%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol Provider Name Expense Ratio
FIKOX Fidelity Fidelity Advisor Corporate Bond Fund - Class Z 0.36%
FCCCX Fidelity Fidelity Advisor Corporate Bond Fund - Class C 1.54%
FCBAX Fidelity Fidelity Advisor Corporate Bond Fund - Class A 0.77%
FCBTX Fidelity Fidelity Advisor Corporate Bond Fund - Class M 0.82%
FCBIX Fidelity Fidelity Advisor Corporate Bond Fund - Class I 0.50%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol Share Class Expense Ratio
FDBLX Class R6 Shares 0.59%
FDBIX Institutional Shares 0.61%
ISHIX Class F Shares 0.86%
FDBCX Class C Shares 1.70%

Top 10 Holdings

19.54% of assets
Name Symbol Weight
High Yield Bond Portfolio n/a 8.66%
United States Treasury Notes 3.875% T.3.875 08.15.34 3.24%
Federated Govt Oblg Pr Shares n/a 2.54%
United States Treasury Bonds 4.25% T.4.25 08.15.54 0.86%
Johnson & Johnson 1.3% JNJ.1.3 09.01.30 0.77%
Honeywell International Inc. 5% HON.5 02.15.33 0.74%
Goldman Sachs Group, Inc. 3.814% GS.V3.814 04.23.29 0.69%
JPMorgan Chase & Co. 5.012% JPM.V5.012 01.23.30 0.69%
Morgan Stanley 3.772% MS.V3.772 01.24.29 GMTN 0.68%
The Bank of New York Mellon Corp. 3.992% BK.V3.992 06.13.28 MTN 0.67%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
Jun 24, 2025 $0.0262 Jun 25, 2025
May 27, 2025 $0.0256 May 28, 2025
Apr 24, 2025 $0.0256 Apr 25, 2025
Mar 24, 2025 $0.0246 Mar 25, 2025
Feb 24, 2025 $0.0247 Feb 25, 2025
Jan 24, 2025 $0.0248 Jan 27, 2025
Full Dividend History