Federated Hermes Institutional High Yield Bond Fund Class R6 (FIHLX)
NASDAQ · Mutual Fund · Delayed Price · Currency is USD
8.99
0.00 (0.00%)
At close: Feb 13, 2026
1.01% (1Y)
| Fund Assets | 6.77B |
| Expense Ratio | 0.49% |
| Min. Investment | $0.00 |
| Turnover | n/a |
| Dividend (ttm) | 0.57 |
| Dividend Yield | 6.35% |
| Dividend Growth | 8.61% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 8.99 |
| YTD Return | 0.10% |
| 1-Year Return | 7.65% |
| 5-Year Return | 20.22% |
| 52-Week Low | 8.17 |
| 52-Week High | 9.01 |
| Beta (5Y) | n/a |
| Holdings | 473 |
| 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 7.65% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.56%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.04879 | Jan 30, 2026 |
| Dec 31, 2025 | $0.07551 | Dec 31, 2025 |
| Nov 28, 2025 | $0.05674 | Nov 28, 2025 |
| Oct 31, 2025 | $0.04585 | Oct 31, 2025 |
| Sep 30, 2025 | $0.04577 | Sep 30, 2025 |
| Aug 29, 2025 | $0.04551 | Aug 29, 2025 |