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) | 0.23 |
| Dividend Yield | 2.75% |
| Dividend Growth | 2.46% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 24, 2025 |
| Previous Close | 8.45 |
| YTD Return | 3.74% |
| 1-Year Return | 3.44% |
| 5-Year Return | -3.96% |
| 52-Week Low | 8.21 |
| 52-Week High | 8.65 |
| Beta (5Y) | n/a |
| Holdings | 398 |
| 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 3.44% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.17%.
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% |
Top 10 Holdings
21.46% of assets| Name | Symbol | Weight |
|---|---|---|
| Federated Core Trust - High Yield Bond Portfolio - FED HIGH YLD BOND PORT | n/a | 13.04% |
| United States Treasury - U.S. Treasury Notes | T.3.875 08.15.34 | 3.20% |
| Honeywell International Inc | HON.5 02.15.33 | 0.74% |
| Goldman Sachs Group Inc/The | GS.V3.814 04.23.29 | 0.69% |
| JPMorgan Chase & Co | JPM.V5.012 01.23.30 | 0.69% |
| Morgan Stanley | n/a | 0.68% |
| BANK OF NY MELLON CORP - Bank of New York Mellon Corp/The | BK.V3.992 06.13.28 MTN | 0.67% |
| NextEra Energy Capital Holdings Inc | NEE.3.55 05.01.27 | 0.62% |
| DH Europe Finance II Sarl | n/a | 0.57% |
| WELLS FARGO & COMPANY - Wells Fargo & Co | WFC.V5.499 01.23.35 | 0.56% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 24, 2025 | $0.0203 | Jul 25, 2025 |
| Jun 24, 2025 | $0.0203 | Jun 25, 2025 |
| May 27, 2025 | $0.0198 | May 28, 2025 |
| Apr 24, 2025 | $0.020 | Apr 25, 2025 |
| Mar 24, 2025 | $0.0189 | Mar 25, 2025 |
| Feb 24, 2025 | $0.0195 | Feb 25, 2025 |