Federated Hermes Opportunistic High Yield Bond Fund Service Shares (FHYTX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
6.39
0.00 (0.00%)
Jun 5, 2025, 8:09 AM EDT
2.40% (1Y)
| Fund Assets | 809.28M |
| Expense Ratio | 0.98% |
| Min. Investment | $1,000,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.32 |
| Dividend Yield | 5.01% |
| Dividend Growth | -2.20% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | May 30, 2025 |
| Previous Close | 6.39 |
| YTD Return | 1.46% |
| 1-Year Return | 5.94% |
| 5-Year Return | 23.72% |
| 52-Week Low | 6.11 |
| 52-Week High | 6.47 |
| Beta (5Y) | 0.41 |
| Holdings | 473 |
| Inception Date | Aug 23, 1984 |
About FHYTX
The investment seeks high current income. The fund pursues its investment objective by investing primarily in a diversified portfolio of noninvestment-grade, fixed income securities of domestic and foreign corporations (also known as "junk bonds") including loan instruments. The fund's investment adviser ("Adviser") selects securities that the advisor believes have attractive risk-return characteristics. The Adviser's securities selection process includes an analysis of the issuer's financial condition, business and product strength, competitive position and management expertise.
Fund Family Federated Hermes SS
Category High Yield Bond
Stock Exchange NASDAQ
Ticker Symbol FHYTX
Share Class Service Shares
Index Bloomberg US High Yield 2% Issuer Cap TR
Performance
FHYTX had a total return of 5.94% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.97%.
Top 10 Holdings
11.37% of assets| Name | Symbol | Weight |
|---|---|---|
| Bank Loan Core | n/a | 1.80% |
| Federated Govt Oblg Pr Shares | n/a | 1.45% |
| Clarios Global LP 8.5% | POWSOL.8.5 05.15.27 144A | 1.31% |
| 1011778 B.C. Unlimited Liability Company / New Red Finance, Inc. 4% | BCULC.4 10.15.30 144A | 1.20% |
| Ardonagh Group Finance Ltd. 8.875% | ARDGRP.8.875 02.15.32 144A | 1.05% |
| Broadstreet Partners Inc 5.875% | BROPAR.5.875 04.15.29 144A | 0.99% |
| Medline Borrower LP 5.25% | MEDIND.5.25 10.01.29 144A | 0.96% |
| Minerva Merger Subordinated Inc. 6.5% | ATHENA.6.5 02.15.30 144A | 0.95% |
| McAfee Corp 7.375% | MCFE.7.375 02.15.30 144A | 0.84% |
| Allied Universal Holdco LLC / Allied Universal Finance Corporation 6% | UNSEAM.6 06.01.29 144A | 0.83% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 30, 2025 | $0.02808 | May 30, 2025 |
| Apr 30, 2025 | $0.02774 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02718 | Mar 31, 2025 |
| Feb 28, 2025 | $0.02606 | Feb 28, 2025 |
| Jan 31, 2025 | $0.02589 | Jan 31, 2025 |
| Dec 31, 2024 | $0.02678 | Dec 31, 2024 |