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

Fund Assets	4.68B
Expense Ratio	0.493%
Min. Investment	$1,000,000
Turnover	n/a
Dividend (ttm)	0.57
Dividend Yield	6.65%
Dividend Growth	9.18%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	8.61
YTD Return	-0.30%
1-Year Return	2.01%
5-Year Return	12.74%
52-Week Low	8.61
52-Week High	9.06
Beta (5Y)	0.36
Holdings	458
Inception Date	Nov 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 2.01% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.92%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
FIHLX	Class R6 Shares	0.49%
FIHAX	Class A Shares	0.75%
FIHCX	Class C Shares	1.54%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.0444	Sep 30, 2026
Aug 31, 2026	$0.04412	Aug 31, 2026
Jul 31, 2026	$0.04378	Jul 31, 2026
Jun 30, 2026	$0.04362	Jun 30, 2026
May 29, 2026	$0.04341	May 29, 2026
Apr 30, 2026	$0.04321	Apr 30, 2026

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Oct 15, 2026

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