Federated Hermes Institutional High Yield Bond Fund Class R6 (FIHLX)
NASDAQ · Mutual Fund · Delayed Price · Currency is USD
8.86
+0.03 (0.34%)
At close: Apr 1, 2026
0.45% (1Y)
| Fund Assets | 6.77B |
| Expense Ratio | 0.49% |
| Min. Investment | $0.00 |
| Turnover | n/a |
| Dividend (ttm) | 0.57 |
| Dividend Yield | 6.48% |
| Dividend Growth | 8.38% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 8.83 |
| YTD Return | -0.88% |
| 1-Year Return | 6.53% |
| 5-Year Return | 16.32% |
| 52-Week Low | 8.62 |
| 52-Week High | 9.10 |
| 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 6.53% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.71%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2026 | $0.04315 | Mar 31, 2026 |
| Feb 27, 2026 | $0.04289 | Feb 27, 2026 |
| 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 |