Federated Hermes Institutional High Yield Bond Fund Institutional Shares (FIHBX)
| Fund Assets | 4.73B |
| Expense Ratio | 0.50% |
| Min. Investment | $1,000,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.58 |
| Dividend Yield | 6.46% |
| Dividend Growth | 9.84% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 8.91 |
| YTD Return | 1.63% |
| 1-Year Return | 5.31% |
| 5-Year Return | 14.88% |
| 52-Week Low | 8.76 |
| 52-Week High | 9.09 |
| Beta (5Y) | 0.35 |
| Holdings | 456 |
| 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.
Performance
FIHBX had a total return of 5.31% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.09%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.04362 | Jun 30, 2026 |
| May 29, 2026 | $0.04341 | May 29, 2026 |
| Apr 30, 2026 | $0.04321 | Apr 30, 2026 |
| Mar 31, 2026 | $0.04306 | Mar 31, 2026 |
| Feb 27, 2026 | $0.04282 | Feb 27, 2026 |
| Jan 30, 2026 | $0.04869 | Jan 30, 2026 |