Federated Hermes Institutional High Yield Bond Fund Class R6 (FIHLX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
8.95
+0.01 (0.11%)
At close: Jun 10, 2025
Fund Assets 6.77B
Expense Ratio 0.49%
Min. Investment n/a
Turnover n/a
Dividend (ttm) 0.53
Dividend Yield 5.88%
Dividend Growth 1.16%
Payout Frequency Monthly
Ex-Dividend Date May 30, 2025
Previous Close 8.94
YTD Return 1.90%
1-Year Return 7.52%
5-Year Return 19.25%
52-Week Low 8.62
52-Week High 9.04
Beta (5Y) n/a
Holdings 567
Inception Date n/a

About FIHLX

FIHLX is a mutual fund that trades on the NASDAQ stock exchange in the United States.

Category High Yield Bond
Stock Exchange NASDAQ
Ticker Symbol FIHLX
Share Class Class R6 Shares

Performance

FIHLX had a total return of 7.52% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.52%.

Chart

Bar chart with 6 bars.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from 0.9019 to 7.52.
End of interactive chart.

Other Share Classes

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

Symbol Share Class Expense Ratio
FIHBX Institutional Shares 0.50%
FIHAX Class A Shares 0.75%
FIHCX Class C Shares 1.54%

Top 10 Holdings

10.01% of assets
Name Symbol Weight
Federated Govt Oblg Pr Shares n/a 2.02%
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 1.00%
Medline Borrower LP 5.25% MEDIND.5.25 10.01.29 144A 0.96%
1011778 B.C. Unlimited Liability Company / New Red Finance, Inc. 4% BCULC.4 10.15.30 144A 0.85%
McAfee Corp 7.375% MCFE.7.375 02.15.30 144A 0.84%
Broadstreet Partners Inc 5.875% BROPAR.5.875 04.15.29 144A 0.83%
Minerva Merger Subordinated Inc. 6.5% ATHENA.6.5 02.15.30 144A 0.81%
Midas Opco Holdings LLC 5.625% STGW.5.625 08.15.29 144A 0.80%
Clydesdale Acquisition Holdings Inc. 8.75% NOVHOL.8.75 04.15.30 144A 0.79%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
May 30, 2025 $0.042 May 30, 2025
Apr 30, 2025 $0.04236 Apr 30, 2025
Mar 31, 2025 $0.04221 Mar 31, 2025
Feb 28, 2025 $0.04173 Feb 28, 2025
Jan 31, 2025 $0.04173 Jan 31, 2025
Dec 31, 2024 $0.04682 Dec 31, 2024
Full Dividend History