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Federated Hermes Institutional High Yield Bond Fund Institutional Shares (FIHBX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
8.90
0.00 (0.00%)
Aug 26, 2026, 4:00 PM EST
Fund Assets4.68B
Expense Ratio0.50%
Min. Investment$1,000,000
Turnovern/a
Dividend (ttm)0.58
Dividend Yield6.49%
Dividend Growth10.25%
Payout FrequencyMonthly
Ex-Dividend DateJul 31, 2026
Previous Close8.90
YTD Return2.03%
1-Year Return4.74%
5-Year Return15.75%
52-Week Low8.76
52-Week High9.09
Beta (5Y)0.35
Holdings458
Inception DateNov 1, 2002

About FIHBX

The Fund's investment strategy focuses on High Yield with 0.49% total expense ratio. The minimum amount to invest in Federated Hermes Institutional Trust: Federated Hermes Institutional High Yield Bond Fund; Institutional Shs is $1,000,000 on a standard taxable account. Federated Hermes Institutional Trust: Federated Hermes Institutional High Yield Bond Fund; Institutional Shs seeks high current income. FIHBX pursues its investment objective by investing primarily in a diversified portfolio of high yield corporate bonds (also known as "junk bonds"). The Adviser does not limit the Fund's investments to securities of a particular maturity range.

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 4.74% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.07%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
FIHLXClass R6 Shares0.49%
FIHAXClass A Shares0.75%
FIHCXClass C Shares1.54%

Dividend History

Ex-DividendAmountPay Date
Jul 31, 2026$0.04378Jul 31, 2026
Jun 30, 2026$0.04362Jun 30, 2026
May 29, 2026$0.04341May 29, 2026
Apr 30, 2026$0.04321Apr 30, 2026
Mar 31, 2026$0.04306Mar 31, 2026
Feb 27, 2026$0.04282Feb 27, 2026
Full Dividend History