Federated Hermes Interm Corp Bd Svc (INISX)
| Fund Assets | 388.81M |
| Expense Ratio | 0.77% |
| Min. Investment | $1,000,000 |
| Turnover | 17.00% |
| Dividend (ttm) | 0.34 |
| Dividend Yield | 3.87% |
| Dividend Growth | 2.98% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 8.76 |
| YTD Return | 3.86% |
| 1-Year Return | 2.58% |
| 5-Year Return | 1.04% |
| 52-Week Low | 8.40 |
| 52-Week High | 8.76 |
| Beta (5Y) | n/a |
| Holdings | 507 |
| Inception Date | Dec 15, 1993 |
About INISX
Federated Hermes Intermediate Corporate Bond Fund Service Shares is a mutual fund focused primarily on investment-grade corporate bonds with intermediate durations. The fund’s primary objective is to provide investors with current income by allocating more than 65% of its portfolio to corporate debt denominated in U.S. dollars, offering exposure to credit risk and higher yields than government or agency-backed bonds. The fund maintains well-diversified holdings across a range of industries, with no single issuer dominating the portfolio; the top ten holdings collectively represent only about 13% of assets, indicating broad diversification. Key holdings often include U.S. Treasury securities, major financial institutions, and established corporations, providing both stability and moderate income potential. This fund plays an important role in fixed income portfolios by balancing credit risk and interest rate sensitivity, making it suitable for investors seeking intermediate-term corporate bond exposure within the broader bond market. The fund is managed by Federated Hermes, a firm known for its expertise in fixed income strategies, applying rigorous credit selection and active management to navigate shifting market conditions.
Performance
INISX had a total return of 2.58% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.24%.
Top 10 Holdings
10.73% of assets| Name | Symbol | Weight |
|---|---|---|
| Ultra 10 Year US Treasury Note Future Sept 25 | n/a | 3.10% |
| United States Treasury Notes 4.625% | T.4.625 02.15.35 | 1.81% |
| United States Treasury Notes 3.875% | T.3.875 04.30.30 | 1.76% |
| Federated Govt Oblg Pr Shares | n/a | 0.76% |
| T-Mobile USA, Inc. 3.875% | TMUS.3.875 04.15.30 | 0.65% |
| Bank of America Corp. 2.592% | BAC.V2.592 04.29.31 | 0.58% |
| Citigroup Inc. 2.572% | C.V2.572 06.03.31 | 0.53% |
| Oracle Corp. 6.15% | ORCL.6.15 11.09.29 | 0.53% |
| Bank of America Corp. 3.824% | BAC.V3.824 01.20.28 MTN | 0.52% |
| Bank of America Corp. 4.571% | BAC.V4.571 04.27.33 | 0.50% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.02854 | Aug 29, 2025 |
| Jul 31, 2025 | $0.02846 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02827 | Jun 30, 2025 |
| May 30, 2025 | $0.02805 | May 30, 2025 |
| Apr 30, 2025 | $0.02885 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02875 | Mar 31, 2025 |