Federated Hermes Corporate Bond Fund Class F Shares (ISHIX)
| Fund Assets | 1.10B |
| Expense Ratio | 0.86% |
| Min. Investment | $1,500 |
| Turnover | 12.00% |
| Dividend (ttm) | 0.30 |
| Dividend Yield | 3.50% |
| Dividend Growth | 2.24% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 24, 2025 |
| Previous Close | 8.52 |
| YTD Return | 4.41% |
| 1-Year Return | 3.27% |
| 5-Year Return | -0.23% |
| 52-Week Low | 8.23 |
| 52-Week High | 8.66 |
| Beta (5Y) | n/a |
| Holdings | 401 |
| Inception Date | May 20, 1987 |
About ISHIX
The Federated Hermes Corporate Bond Fund Class F is a mutual fund with a primary objective to provide a high level of current income while maintaining a focus on capital preservation. This fund invests predominantly in a diversified selection of investment-grade corporate debt securities, complemented by a smaller allocation to high-yield, or below-investment-grade, bonds. The portfolio is actively managed, leveraging the expertise of a seasoned investment team, and emphasizes credit quality and risk management throughout various market cycles. Approximately 88% of the fund's assets are allocated to investment-grade corporate bonds, while around 8% is positioned in high-yield issues, reflecting a relatively defensive stance toward riskier debt as of recent portfolio updates. The fund may also hold small positions in U.S. Treasury securities and other liquid assets to manage liquidity and tactical exposure. Notable holdings typically include bonds from major U.S. corporations across industries such as financials, industrials, and healthcare, as well as select government securities. Through this strategy, the fund aims to provide income-focused investors with broad corporate credit exposure, balancing yield opportunities with prudent risk controls within the broader fixed-income market.
Performance
ISHIX had a total return of 3.27% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.42%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FIKOX | Fidelity | Fidelity Advisor Corporate Bond Fund - Class Z | 0.36% |
| FCCCX | Fidelity | Fidelity Advisor Corporate Bond Fund - Class C | 1.54% |
| FCBAX | Fidelity | Fidelity Advisor Corporate Bond Fund - Class A | 0.77% |
| FCBTX | Fidelity | Fidelity Advisor Corporate Bond Fund - Class M | 0.82% |
| FCBIX | Fidelity | Fidelity Advisor Corporate Bond Fund - Class I | 0.50% |
Top 10 Holdings
20.95% of assets| Name | Symbol | Weight |
|---|---|---|
| High Yield Bond Portfolio | n/a | 13.10% |
| United States Treasury Notes 3.875% | T.3.875 08.15.34 | 2.33% |
| Federated Govt Oblg Pr Shares | n/a | 0.87% |
| Honeywell International Inc. 5% | HON.5 02.15.33 | 0.74% |
| Goldman Sachs Group, Inc. 3.814% | GS.V3.814 04.23.29 | 0.69% |
| JPMorgan Chase & Co. 5.012% | JPM.V5.012 01.23.30 | 0.69% |
| Morgan Stanley 3.772% | MS.V3.772 01.24.29 GMTN | 0.68% |
| The Bank of New York Mellon Corp. 3.992% | BK.V3.992 06.13.28 MTN | 0.67% |
| NextEra Energy Capital Holdings Inc 3.55% | NEE.3.55 05.01.27 | 0.62% |
| DH Europe Finance II SARL 2.6% | DHR.2.6 11.15.29 | 0.57% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 24, 2025 | $0.0262 | Jul 25, 2025 |
| Jun 24, 2025 | $0.0261 | Jun 25, 2025 |
| May 27, 2025 | $0.0256 | May 28, 2025 |
| Apr 24, 2025 | $0.0256 | Apr 25, 2025 |
| Mar 24, 2025 | $0.0247 | Mar 25, 2025 |
| Feb 24, 2025 | $0.0247 | Feb 25, 2025 |