Federated Hermes Institutional High Yield Bond Fund Institutional Shares (FIHBX) Research
This fund primarily allocates its capital to a diversified array of corporate debt instruments characterized by higher yields and greater risk, commonly referred to as "junk bonds." These securities may originate from companies based in the United States or internationally, encompassing those from developing economies. The investment advisor places no specific limitations on the maturity spectrum of the fund's holdings. Furthermore, the fund is permitted to employ derivative contracts, such as futures, options, and swap agreements, to execute its investment objectives.
Market snapshot
- Symbol
- FIHBX
- Price
- $8.91
- Day change
- 0.00%
- Market cap
- $6.9B
- 52-week range
- 8.76-9.09
- Sector
- Financial Services
- Industry
- Asset Management - Bonds
Peer companies
- Baillie Gifford Emerging Markets Equities Fund Class K (BGKEX)
- Macquarie Emerging Markets Fund A (DEMAX)
- Fidelity Freedom Index 2020 Fund - Investor Class (FPIFX)
- Fidelity Advisor International Growth Fund Class Z (FZAJX)
- Neuberger Berman Strategic Income Fund Institutional Class (NSTLX)
- Schwab Small-Cap Index Fund-Select Shares (SWSSX)
- T. Rowe Price Intl Bd (USD Hdgd) (TNIBX)
- TIAA-CREF Core Impact Bond Fund Institutional Class (TSBIX)
Open Federated Hermes Institutional High Yield Bond Fund Institutional Shares (FIHBX) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.