Federated Hermes Intermediate Corp Bd R6 (ICBRX)
| Fund Assets | 469.20M |
| Expense Ratio | 0.46% |
| Min. Investment | $1,000,000 |
| Turnover | 17.00% |
| Dividend (ttm) | 0.37 |
| Dividend Yield | 4.35% |
| Dividend Growth | 2.74% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 8.57 |
| YTD Return | -0.50% |
| 1-Year Return | 1.97% |
| 5-Year Return | n/a |
| 52-Week Low | 8.54 |
| 52-Week High | 8.78 |
| Beta (5Y) | n/a |
| Holdings | 543 |
| Inception Date | n/a |
About ICBRX
Franklin High Income Fund Class R is a mutual fund designed to generate a high level of current income, with a secondary objective of seeking capital appreciation when possible. The fund primarily invests in higher-yielding, lower-rated corporate bonds, making it part of the high-yield bond category. Its investment process involves a rigorous examination of factors such as financial structure, cash flow, earnings prospects, market share, and strategic positioning of the issuers. By focusing on below-investment-grade fixed income securities, the fund plays a significant role in providing access to the high-yield segment of the credit markets, appealing to investors seeking steady income from non-traditional bond sources. The Franklin High Income Fund Class R contributes to market diversity by catering to demand for income-oriented products and supporting liquidity in the corporate bond market.
Performance
ICBRX had a total return of 1.97% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.13%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.03147 | Jun 30, 2026 |
| May 29, 2026 | $0.03144 | May 29, 2026 |
| Apr 30, 2026 | $0.03205 | Apr 30, 2026 |
| Mar 31, 2026 | $0.03118 | Mar 31, 2026 |
| Feb 27, 2026 | $0.03103 | Feb 27, 2026 |
| Jan 30, 2026 | $0.03115 | Jan 30, 2026 |