Federated Hermes High Yield Strategy (FHYSX)
| Fund Assets | 84.44M |
| Expense Ratio | 0.04% |
| Min. Investment | $0.00 |
| Turnover | 22.00% |
| Dividend (ttm) | 0.74 |
| Dividend Yield | 6.33% |
| Dividend Growth | -0.14% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 11.76 |
| YTD Return | 1.71% |
| 1-Year Return | 5.93% |
| 5-Year Return | 17.19% |
| 52-Week Low | 11.58 |
| 52-Week High | 11.95 |
| Beta (5Y) | 0.35 |
| Holdings | 2 |
| Inception Date | Dec 24, 2008 |
About FHYSX
Federated Hermes High Yield Strategy Portfolio is an actively managed mutual fund specializing in the high-yield, or "junk," bond market. The fund is structured to pursue high current income by investing primarily in a core high-yield bond mutual fund as well as a broad portfolio of fixed-income securities. Its primary holdings consist of a diversified range of lower-rated U.S. corporate bonds, with a small portion allocated to bonds issued outside the United States, providing both domestic and limited international exposure. The fund is classified as non-diversified, allowing for concentrated investment positions. Managed by a team with significant sector experience, the strategy emphasizes generating higher yields relative to investment-grade bond funds, accepting greater credit risk in exchange. Its role in the financial markets is to offer investors access to elevated income opportunities typically associated with the high-yield segment, serving as an instrument for income-oriented investors seeking greater returns than traditional fixed-income products—albeit with correspondingly higher risk.
Performance
FHYSX had a total return of 5.93% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.48%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.06318 | Jun 30, 2026 |
| May 29, 2026 | $0.06255 | May 29, 2026 |
| Apr 30, 2026 | $0.06166 | Apr 30, 2026 |
| Mar 31, 2026 | $0.0616 | Mar 31, 2026 |
| Feb 27, 2026 | $0.06015 | Feb 27, 2026 |
| Jan 30, 2026 | $0.06156 | Jan 30, 2026 |