Federated Hermes Emerging Market Debt Fund Class C Shares (IHICX)

Fund Assets	43.64M
Expense Ratio	1.96%
Min. Investment	$1,500
Turnover	59.00%
Dividend (ttm)	0.35
Dividend Yield	4.07%
Dividend Growth	n/a
Payout Frequency	Monthly
Ex-Dividend Date	Oct 13, 2026

Previous Close	8.61
YTD Return	0.83%
1-Year Return	4.72%
5-Year Return	14.20%
52-Week Low	8.54
52-Week High	9.10
Beta (5Y)	0.44
Holdings	156
Inception Date	Oct 2, 1996

About IHICX

Federated Hermes Emerging Markets Debt Fund - Class C is an actively managed mutual fund focused on fixed-income securities from emerging market issuers. The fund seeks a high level of current income with a secondary objective of capital appreciation by investing primarily in sovereign and corporate debt across developing economies, in both local-currency and U.S. dollar denominations and across the maturity spectrum. Its mandate includes the flexibility to hold non-investment-grade bonds, enabling exposure to higher-yielding segments of the emerging markets debt universe while accepting greater credit and liquidity risk. The strategy spans diversified country and security selection and may integrate research-driven assessments of macroeconomic conditions, credit quality, and currency dynamics typical of the asset class. Within the broader market, the fund serves as a vehicle for accessing emerging markets fixed income, a segment often used for portfolio diversification and income generation relative to developed-market bonds, while carrying heightened volatility due to interest-rate, currency, and political risks inherent to emerging economies.

• Fund Family: Federated
• Category: Emerging Markets Bond
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: IHICX
• Share Class: Class C Shares
• Index: JP Morgan EMBI Global

Performance

IHICX had a total return of 4.72% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.38%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
VEMBX	Vanguard	Vanguard Emerging Markets Bond Investor	0.49%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
EMDIX	Institutional Shares	0.94%
IHIAX	Class A Shares	1.19%

Dividend History

Ex-Dividend	Amount	Pay Date
Oct 13, 2026	$0.0228	Oct 14, 2026
Sep 14, 2026	$0.0394	Sep 15, 2026
Aug 13, 2026	$0.0375	Aug 14, 2026
Jul 13, 2026	$0.0449	Jul 14, 2026
Jun 15, 2026	$0.0412	Jun 16, 2026
May 13, 2026	$0.0369	May 14, 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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