Federated Hermes Instl High Yield Bd R6 (FIHLX)
NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.03
-0.01 (-0.11%)
Aug 22, 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) | 0.52 |
| Dividend Yield | 5.79% |
| Dividend Growth | 0.62% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 9.04 |
| YTD Return | 2.93% |
| 1-Year Return | 5.13% |
| 5-Year Return | 17.57% |
| 52-Week Low | 8.62 |
| 52-Week High | 9.04 |
| Beta (5Y) | n/a |
| Holdings | 558 |
| 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 5.13% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.53%.
Top 10 Holdings
11.00% of assets| Name | Symbol | Weight |
|---|---|---|
| Federated Govt Oblg Pr Shares | n/a | 3.08% |
| 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 | 1.06% |
| Medline Borrower LP 5.25% | MEDIND.5.25 10.01.29 144A | 0.97% |
| McAfee Corp 7.375% | MCFE.7.375 02.15.30 144A | 0.92% |
| Broadstreet Partners Inc 5.875% | BROPAR.5.875 04.15.29 144A | 0.84% |
| HUB International Ltd. 7.375% | HBGCN.7.375 01.31.32 144A | 0.77% |
| 1011778 B.C. Unlimited Liability Company / New Red Finance, Inc. 4% | BCULC.4 10.15.30 144A | 0.76% |
| Truist Insurance Holdings LLC & Panther Co-Issuer Inc. 7.125% | TIHLLC.7.125 06.01.31 144A | 0.76% |
| Usi Inc 7.5% | COMINV.7.5 01.15.32 144A | 0.75% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |
| Mar 31, 2025 | $0.04221 | Mar 31, 2025 |
| Feb 28, 2025 | $0.04173 | Feb 28, 2025 |