Federated Hermes Instl High Yield Bd R6 (FIHLX)
NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.08
+0.01 (0.11%)
Oct 3, 2025, 4:00 PM EDT
0.11% (1Y)
| Fund Assets | 6.77B |
| Expense Ratio | 0.49% |
| Min. Investment | $0.00 |
| Turnover | n/a |
| Dividend (ttm) | 0.53 |
| Dividend Yield | 5.81% |
| Dividend Growth | 0.50% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 9.07 |
| YTD Return | 3.38% |
| 1-Year Return | 3.18% |
| 5-Year Return | 17.95% |
| 52-Week Low | 8.62 |
| 52-Week High | 9.10 |
| Beta (5Y) | n/a |
| Holdings | 550 |
| Inception Date | Jun 29, 2016 |
About FIHLX
The Fund's investment strategy focuses on High Yield with 0.48% total expense ratio. Federated Hermes Institutional Trust: Federated Hermes Institutional High Yield Bond Fund; Class R6 Shares seeks high current income. FIHLX 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 R6
Category High Yield Bond
Stock Exchange NASDAQ
Ticker Symbol FIHLX
Share Class Class R6 Shares
Index Bloomberg US High Yield 2% Issuer Cap TR
Performance
FIHLX had a total return of 3.18% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.53%.
Top 10 Holdings
11.05% of assets| Name | Symbol | Weight |
|---|---|---|
| Federated Government Obligations Fund | GOFXX | 3.12% |
| CLARIOS GLOBAL LP/US FIN - Panther BF Aggregator 2 LP / Panther Finance Co Inc | POWSOL.8.5 05.15.27 144A | 1.12% |
| Ardonagh Group Finance Ltd | ARDGRP.8.875 02.15.32 144A | 1.07% |
| MEDLINE BORROWER LP - Mozart Debt Merger Sub Inc | MEDIND.5.25 10.01.29 144A | 0.92% |
| MCAFEE CORP - Condor Merger Sub Inc | MCFE.7.375 02.15.30 144A | 0.92% |
| BroadStreet Partners Inc | BROPAR.5.875 04.15.29 144A | 0.83% |
| HUB International Ltd | HBGCN.7.375 01.31.32 144A | 0.78% |
| Panther Escrow Issuer LLC | TIHLLC.7.125 06.01.31 144A | 0.77% |
| USI Inc/NY | COMINV.7.5 01.15.32 144A | 0.76% |
| Madison IAQ LLC | MADIAQ.5.875 06.30.29 144A | 0.75% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.04577 | Sep 30, 2025 |
| Aug 29, 2025 | $0.04551 | Aug 29, 2025 |
| Jul 31, 2025 | $0.04243 | Jul 31, 2025 |
| Jun 30, 2025 | $0.04202 | Jun 30, 2025 |
| May 30, 2025 | $0.042 | May 30, 2025 |
| Apr 30, 2025 | $0.04236 | Apr 30, 2025 |