Federated Hermes High Yield Strategy (FHYSX)

Fund Assets	84.44M
Expense Ratio	0.04%
Min. Investment	$0.00
Turnover	22.00%
Dividend (ttm)	0.75
Dividend Yield	6.35%
Dividend Growth	-0.40%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 31, 2026

Previous Close	11.75
YTD Return	2.19%
1-Year Return	5.24%
5-Year Return	18.01%
52-Week Low	11.58
52-Week High	11.95
Beta (5Y)	0.35
Holdings	3
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.

• Fund Family: Federated
• Category: High Yield Bond
• Performance Rating: High
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: FHYSX
• Index: Bloomberg US High Yield 2% Issuer Cap TR

Performance

FHYSX had a total return of 5.24% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.47%.

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 31, 2026	$0.06406	Jul 31, 2026
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

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:

Aug 27, 2026

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