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.
Fund Family Federated
Category Corporate Bond
Performance Rating Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol ISHIX
Share Class Class F Shares
Index Bloomberg U.S. Credit TR
ISHIX had a total return of 0.91% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.30%.
