Federated Hermes Instl High Yield Bd R6 (FIHLX)
NASDAQ · Mutual Fund · Delayed Price · Currency is USD
8.91
-0.01 (-0.11%)
At close: Jul 7, 2026
-1.44% (1Y)
| Fund Assets | 6.77B |
| Expense Ratio | 0.49% |
| Min. Investment | $0.00 |
| Turnover | n/a |
| Dividend (ttm) | 0.58 |
| Dividend Yield | 6.47% |
| Dividend Growth | 9.82% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 8.92 |
| YTD Return | 1.64% |
| 1-Year Return | 5.08% |
| 5-Year Return | 16.00% |
| 52-Week Low | 8.76 |
| 52-Week High | 9.10 |
| Beta (5Y) | 0.41 |
| Holdings | 456 |
| 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 5.08% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.85%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.04371 | Jun 30, 2026 |
| May 29, 2026 | $0.0435 | May 29, 2026 |
| Apr 30, 2026 | $0.0433 | Apr 30, 2026 |
| Mar 31, 2026 | $0.04315 | Mar 31, 2026 |
| Feb 27, 2026 | $0.04289 | Feb 27, 2026 |
| Jan 30, 2026 | $0.04879 | Jan 30, 2026 |