Federated Hermes Intermediate Corporate Bond Fund Institutional Shares (FIIFX)

Fund Assets	438.60M
Expense Ratio	0.517%
Min. Investment	$1,000,000
Turnover	27.00%
Dividend (ttm)	0.37
Dividend Yield	4.44%
Dividend Growth	2.75%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	8.32
YTD Return	-1.30%
1-Year Return	-0.26%
5-Year Return	3.53%
52-Week Low	8.29
52-Week High	8.77
Beta (5Y)	0.19
Holdings	555
Inception Date	Dec 15, 1993

About FIIFX

The Federated Hermes Intermediate Corporate Bond Fund Institutional Shares is a mutual fund that primarily focuses on generating current income through investments in a diversified portfolio of intermediate-term, investment-grade fixed-income securities. Its portfolio consists largely of corporate debt instruments and also includes securities issued by U.S. government-sponsored entities, contributing to a balance between yield potential and credit quality. The fund is characterized by its relatively low risk profile and is classified within the corporate bond category, adhering to a policy that at least 80% of its assets are allocated to such securities. The fund appeals to institutional investors, reflected in its high minimum investment threshold. Through monthly dividend distributions and an emphasis on intermediate maturities, it seeks to provide a stable income stream while offering lower sensitivity to interest rate fluctuations compared to longer-duration bond funds. Federated Hermes, the fund's manager, is known for its expertise in fixed-income markets, making this fund a relevant choice for institutions seeking exposure to U.S. corporate credit within a managed, diversified framework.

• Fund Family: Federated
• Category: Corporate Bond
• Performance Rating: Above Average
• Risk Rating: Low
• Stock Exchange: Nasdaq
• Ticker Symbol: FIIFX
• Share Class: Institutional Shares
• Index: Bloomberg Intermediate U.S. Credit TR

Performance

FIIFX had a total return of -0.26% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.39%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
ICBRX	Class R6 Shares	0.46%
INISX	Service Shares	0.77%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.03164	Sep 30, 2026
Aug 31, 2026	$0.03128	Aug 31, 2026
Jul 31, 2026	$0.03111	Jul 31, 2026
Jun 30, 2026	$0.03102	Jun 30, 2026
May 29, 2026	$0.03098	May 29, 2026
Apr 30, 2026	$0.0316	Apr 30, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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