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

Fund Assets	41.55M
Expense Ratio	1.94%
Min. Investment	$1,500
Turnover	59.00%
Dividend (ttm)	0.29
Dividend Yield	3.25%
Dividend Growth	n/a
Payout Frequency	Monthly
Ex-Dividend Date	Aug 13, 2026

Previous Close	8.92
YTD Return	3.35%
1-Year Return	9.26%
5-Year Return	15.13%
52-Week Low	8.39
52-Week High	9.10
Beta (5Y)	0.43
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 9.26% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.49%.

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	0.50%

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%

Top 10 Holdings

25.85% of assets

Name	Symbol	Weight
Federated Hermes Govt Obl Premier	GOFXX	9.47%
10 Year Treasury Note Future Sept 26	n/a	3.01%
Poland (Republic of) 1.75%	POLGB.1.75 04.25.32 0432	2.05%
Hungary (Republic Of) 2.25%	HGB.2.25 04.20.33 33.A	1.90%
5 Year Treasury Note Future Sept 26	n/a	1.83%
Petrobras Global Finance B.V. 6.25%	PETBRA.6.25 01.10.36	1.71%
Secretaria Do Tesouro Nacional 0%	BNTNF.10 01.01.33 NTNF	1.62%
South Africa (Republic of) 8.25%	SAGB.8.25 03.31.32 2032	1.48%
Navoi Mining & Metallurgical Co. 6.7%	NAVOIM.6.7 10.17.28 144A	1.40%
Pakistan (Islamic Republic of) 7.375%	PKSTAN.7.375 04.08.31 REGS	1.38%

Dividend History

Ex-Dividend	Amount	Pay Date
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
Apr 13, 2026	$0.0337	Apr 14, 2026
Mar 13, 2026	$0.0324	Mar 16, 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:

Aug 27, 2026

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