Federated Hermes Corporate Bond Fund Class C Shares (FDBCX)
| Fund Assets | 1.10B |
| Expense Ratio | 1.70% |
| Min. Investment | $1,500 |
| Turnover | 12.00% |
| Dividend (ttm) | 0.25 |
| Dividend Yield | 2.91% |
| Dividend Growth | 7.50% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 24, 2026 |
| Previous Close | 8.44 |
| YTD Return | -0.48% |
| 1-Year Return | 3.90% |
| 5-Year Return | -1.34% |
| 52-Week Low | 8.22 |
| 52-Week High | 8.66 |
| Beta (5Y) | n/a |
| Holdings | 397 |
| Inception Date | Jun 28, 1995 |
About FDBCX
Federated Hermes Corporate Bond Fund Class C Shares is an open-end mutual fund focused on generating a high level of current income while preserving capital. This fund primarily invests in a diversified portfolio of investment-grade corporate debt securities, but it may also allocate assets to other fixed income instruments and, to a lesser extent, higher-yield, lower-rated bonds. Its holdings span a broad array of sectors and issuers, contributing to risk management through diversification. The portfolio's credit exposure is determined using a blend of ratings from major agencies, adhering to industry-conservative classifications. The fund is structured to provide monthly income distributions and aims to maintain a balance between income generation and capital risk, making it a vehicle commonly utilized by investors seeking exposure to corporate credit markets without concentrating risk in a few issuers. With hundreds of holdings and a relatively low percentage of assets in its top ten investments, the fund demonstrates a commitment to diversification. Its role in the market is to offer investors access to the performance of U.S. investment-grade corporate bonds, complemented by professional management and risk oversight, within a single pooled investment product.
Performance
FDBCX had a total return of 3.90% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.14%.
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% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 24, 2026 | $0.0201 | Mar 25, 2026 |
| Feb 24, 2026 | $0.0202 | Feb 25, 2026 |
| Jan 26, 2026 | $0.0191 | Jan 27, 2026 |
| Dec 24, 2025 | $0.0213 | Dec 26, 2025 |
| Nov 24, 2025 | $0.0226 | Dec 1, 2025 |
| Oct 24, 2025 | $0.0205 | Oct 27, 2025 |