FIHBX Mutual Fund

NAV$8.84

Fund Essentials - as of Jan 31, 2026

Net Assets
$3.2B
Expense Ratio
0.50%
Dividend Yield (Current)
5.40%
Holdings
456
Inception Date
Nov 1, 2002
Fund Family
Federated Hermes
Investment Style
PRO
Asset Class
PRO
Legal Structure
PRO
Dividend Frequency
Monthly
SEC 30-Day Yield
PRO

Performance

YTD-2.00%
1 Year+2.21%
3 Year+6.89%
5 Year+2.38%
10 Year+4.61%

Asset Allocation

Stocks: 0.30%
Bonds: 91.69%
Cash: 8.02%

Price Chart (6M)

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Top Holdings

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TickerNameWeight
GOFXXFederated Government Obligations Fund7.97%
ARDGRP 8.875 02/15/3Ardonagh Group Finance Ltd 8.875% 2/15/20321.14%
HBGCN 7.375 01/31/32Hub International Ltd Corp. Note0.97%
MEDIND 5.25 10/01/29Sr Unsecured 144A 10/29 5.250.86%
MCFE 7.375 02/15/30 Condor Merger 7.375% 02/15/300.82%
Top 10 Concentration: 15.51%Report Date: Jan 31, 2026
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Dividend Summary

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Dividend Yield (Current)
5.40%
Frequency
Monthly
Latest Distribution
$0.04
-

Peer Comparison

Benchmark
PRO
Peer outperformance: PRO
Category rank: PRO
This Mutual Fund
PRO
Peer Avg
PRO
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Category rank, peer-average returns and outperformance, updated daily.
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FIHBX Mutual Fund Overview

FIHBX Mutual Fund (Federated Hermes Institutional High Yield Bond Fund Institutional Class) is managed by Federated Hermes with $3.19B in net assets. FIHBX expense ratio is 0.50%, holding 456 positions across sectors including Financials, Other, Information Technology. Inception date: 2002-11-01.

FIHBX performance shows a YTD return of -2.00%. The 1-year return is 2.21% and the 5-year return is 2.38%. FIHBX dividend yield stands at 5.40%, paid monthly.

FIHBX top holdings include Federated Government Obligations Fund (8.0%), Ardonagh Group Finance Ltd 8.875% 2/15/2032 (1.1%), Hub International Ltd Corp. Note (1.0%), Sr Unsecured 144A 10/29 5.25 (0.9%), Condor Merger 7.375% 02/15/30 (0.8%). View all FIHBX holdings, sector breakdown, or dividend history.

FIHBX can be compared against other funds using the overlap calculator or side-by-side comparison tool. FIHBX alternatives are available via the screener, along with tax-loss harvesting opportunities.