Development
Federated Hermes Institutional High Yield Bond Fund Institutional Shares
FIHBX
NASDAQ
| Weiss Ratings | FIHBX-NASDAQ | Click to Compare |
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| Rating | ||||
| Reward Index | Fair | |||
| Reward Grade | C | |||
| Risk Index | Fair | |||
| Risk Grade | C+ | |||
| Company Info | FIHBX-NASDAQ | Click to Compare |
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| Provider | Federated | |||
| Manager/Tenure (Years) | Mark E. Durbiano (22), Kathryn Glass (1), Thomas Scherr (1), 1 other | |||
| Website | http://www.federatedinvestors.com | |||
| Fund Information | FIHBX-NASDAQ | Click to Compare |
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| Fund Name | Federated Hermes Institutional High Yield Bond Fund Institutional Shares | |||
| Category | High Yield Bond | |||
| Sub-Category | US Fixed Income | |||
| Prospectus Objective | Corporate Bond - High Yield | |||
| Inception Date | Nov 01, 2002 | |||
| Open/Closed To New Investors | Open | |||
| Minimum Initial Investment | 1,000,000.00 | |||
| Minimum Subsequent Investment | -- | |||
| Front End Fee | -- | |||
| Back End Fee | -- | |||
| Dividends and Shares | FIHBX-NASDAQ | Click to Compare |
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| Dividend Yield | 5.98% | |||
| Dividend | FIHBX-NASDAQ | Click to Compare |
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| Dividend Yield (Forward) | -- | |||
| Asset Allocation | FIHBX-NASDAQ | Click to Compare |
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| Cash | 0.13% | |||
| Stock | 0.02% | |||
| U.S. Stock | 0.02% | |||
| Non-U.S. Stock | 0.00% | |||
| Bond | 96.63% | |||
| U.S. Bond | 85.51% | |||
| Non-U.S. Bond | 11.12% | |||
| Preferred | 0.00% | |||
| Convertible | 0.00% | |||
| Other Net | 3.22% | |||
| Price History | FIHBX-NASDAQ | Click to Compare |
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| 7-Day Total Return | -0.43% | |||
| 30-Day Total Return | -0.64% | |||
| 60-Day Total Return | -0.07% | |||
| 90-Day Total Return | 1.18% | |||
| Year to Date Total Return | 1.18% | |||
| 1-Year Total Return | 7.29% | |||
| 2-Year Total Return | 17.63% | |||
| 3-Year Total Return | 12.75% | |||
| 5-Year Total Return | 39.02% | |||
| Price | FIHBX-NASDAQ | Click to Compare |
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| Closing Price | -- | |||
| 1-Month Low Price | -- | |||
| 1-Month High Price | -- | |||
| 52-Week Low Price | -- | |||
| 52-Week Low Price (Date) | -- | |||
| 52-Week High Price | -- | |||
| 52-Week High Price (Date) | -- | |||
| NAV | FIHBX-NASDAQ | Click to Compare |
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| Nav | $8.84 | |||
| 1-Month Low NAV | $8.82 | |||
| 1-Month High NAV | $8.94 | |||
| 52-Week Low NAV | $8.60 | |||
| 52-Week Low NAV (Date) | Apr 16, 2024 | |||
| 52-Week High NAV | $9.03 | |||
| 52-Week High Price (Date) | Oct 01, 2024 | |||
| Beta / Standard Deviation | FIHBX-NASDAQ | Click to Compare |
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| Beta | 0.84 | |||
| Standard Deviation | 8.36 | |||
| Balance Sheet | FIHBX-NASDAQ | Click to Compare |
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| Total Assets | 7.36B | |||
| Operating Ratios | FIHBX-NASDAQ | Click to Compare |
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| Expense Ratio | 0.50% | |||
| Turnover Ratio | 24.00% | |||
| Performance | FIHBX-NASDAQ | Click to Compare |
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| Last Bull Market Total Return | 7.16% | |||
| Last Bear Market Total Return | -9.89% | |||