Federated Hermes Emerging Market Debt Fund Class C Shares (IHICX)
| Fund Assets | 25.11M |
| Expense Ratio | 1.94% |
| Min. Investment | $1,500 |
| Turnover | 59.00% |
| Dividend (ttm) | 0.13 |
| Dividend Yield | 1.46% |
| Dividend Growth | n/a |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Apr 13, 2026 |
| Previous Close | 8.85 |
| YTD Return | 0.94% |
| 1-Year Return | 14.48% |
| 5-Year Return | 13.81% |
| 52-Week Low | 7.78 |
| 52-Week High | 9.10 |
| Beta (5Y) | 0.43 |
| Holdings | 138 |
| 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.
Performance
IHICX had a total return of 14.48% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.47%.
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 Fund Investor Shares | 0.55% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 13, 2026 | $0.0337 | Apr 14, 2026 |
| Mar 13, 2026 | $0.0324 | Mar 16, 2026 |
| Feb 13, 2026 | $0.036 | Feb 17, 2026 |
| Jan 13, 2026 | $0.0269 | Jan 14, 2026 |
| Feb 13, 2025 | $0.0205 | Feb 14, 2025 |
| Dec 30, 2024 | $0.0751 | Dec 31, 2024 |