Federated Hermes Corporate Bond Fund Class A Shares (FDBAX)

Fund Assets	898.98M
Expense Ratio	0.86%
Min. Investment	$1,500
Turnover	12.00%
Dividend (ttm)	0.33
Dividend Yield	4.07%
Dividend Growth	7.84%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 24, 2026

Previous Close	8.04
YTD Return	-2.76%
1-Year Return	-2.28%
5-Year Return	-2.44%
52-Week Low	8.00
52-Week High	8.59
Beta (5Y)	0.32
Holdings	367
Inception Date	Jun 28, 1995

About FDBAX

Federated Hermes Corporate Bond Fund Class A Shares is an open-end mutual fund focused on generating a high level of current income while maintaining preservation of capital. The fund primarily invests in a diversified portfolio of investment-grade corporate debt securities, selecting bonds issued mostly by U.S. corporations across a range of industry sectors. It may also allocate a portion of assets to other fixed income instruments, including up to 35% in below investment-grade debt, providing flexibility to enhance yield while maintaining an emphasis on credit quality. The fund sources credit ratings for its holdings from leading agencies, seeking to balance income potential with risk management. With over 400 holdings and significant diversification, the fund minimizes concentration risk compared to its peers. Monthly dividend distributions and an established performance record since its 1995 inception highlight its consistent role in providing fixed income exposure to investors. Serving both individual and institutional clients, this fund plays a significant role in the fixed income market, offering access to corporate credit while pursuing capital stability and regular income.

• Fund Family: Federated
• Category: Corporate Bond
• Performance Rating: Average
• Risk Rating: Below Average
• Stock Exchange: Nasdaq
• Ticker Symbol: FDBAX
• Share Class: Class A Shares
• Index: Bloomberg U.S. Credit TR

Performance

FDBAX had a total return of -2.28% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.67%.

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 Z	0.36%
FCCCX	Fidelity	Fidelity Advisor Corporate Bond C	1.57%
FCBAX	Fidelity	Fidelity Advisor Corporate Bond A	0.75%
FCBTX	Fidelity	Fidelity Advisor Corporate Bond M	0.81%
FCBIX	Fidelity	Fidelity Advisor Corporate Bond I	0.49%

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%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 24, 2026	$0.030	Sep 25, 2026
Aug 24, 2026	$0.0295	Aug 25, 2026
Jul 24, 2026	$0.0286	Jul 27, 2026
Jun 24, 2026	$0.0285	Jun 25, 2026
May 26, 2026	$0.0271	May 27, 2026
Apr 24, 2026	$0.0263	Apr 27, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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