Federated Hermes Instl High Yield Bd IS (FIHBX)
NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.06
+0.01 (0.11%)
Aug 26, 2025, 8:09 AM EDT
0.11% (1Y)
| Fund Assets | 7.03B |
| Expense Ratio | 0.50% |
| Min. Investment | $1,000,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.52 |
| Dividend Yield | 5.79% |
| Dividend Growth | 0.62% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 9.05 |
| YTD Return | 3.27% |
| 1-Year Return | 5.13% |
| 5-Year Return | 16.20% |
| 52-Week Low | 8.62 |
| 52-Week High | 9.06 |
| Beta (5Y) | 0.35 |
| Holdings | 558 |
| Inception Date | Nov 4, 2002 |
About FIHBX
The fund invests primarily in a diversified portfolio of high yield corporate bonds (also known as "junk bonds"), which include debt securities issued by U.S. or foreign businesses (including emerging market debt securities). The Adviser does not limit the fund's investments to securities of a particular maturity range. The fund may invest in derivative contracts (for example, futures contracts, option contracts and swap contracts) to implement its investment strategies.
Fund Family Federated Hermes Int
Category High Yield Bond
Stock Exchange NASDAQ
Ticker Symbol FIHBX
Share Class Institutional Shares
Index Bloomberg US High Yield 2% Issuer Cap TR
Performance
FIHBX had a total return of 5.13% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.06%.
Top 10 Holdings
11.00% of assets| Name | Symbol | Weight |
|---|---|---|
| Federated Govt Oblg Pr Shares | n/a | 3.08% |
| Clarios Global LP 8.5% | POWSOL.8.5 05.15.27 144A | 1.10% |
| Ardonagh Group Finance Ltd. 8.875% | ARDGRP.8.875 02.15.32 144A | 1.06% |
| Medline Borrower LP 5.25% | MEDIND.5.25 10.01.29 144A | 0.97% |
| McAfee Corp 7.375% | MCFE.7.375 02.15.30 144A | 0.92% |
| Broadstreet Partners Inc 5.875% | BROPAR.5.875 04.15.29 144A | 0.84% |
| HUB International Ltd. 7.375% | HBGCN.7.375 01.31.32 144A | 0.77% |
| 1011778 B.C. Unlimited Liability Company / New Red Finance, Inc. 4% | BCULC.4 10.15.30 144A | 0.76% |
| Truist Insurance Holdings LLC & Panther Co-Issuer Inc. 7.125% | TIHLLC.7.125 06.01.31 144A | 0.76% |
| Usi Inc 7.5% | COMINV.7.5 01.15.32 144A | 0.75% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.04233 | Jul 31, 2025 |
| Jun 30, 2025 | $0.04193 | Jun 30, 2025 |
| May 30, 2025 | $0.0419 | May 30, 2025 |
| Apr 30, 2025 | $0.04227 | Apr 30, 2025 |
| Mar 31, 2025 | $0.04212 | Mar 31, 2025 |
| Feb 28, 2025 | $0.04164 | Feb 28, 2025 |