Federated Hermes Corporate Bond’s blend of firm resources and its strategic framework make it an attractive choice for adventurous investors. The fund’s most affordable share class earns a Morningstar Medalist Rating of Bronze, while the rest are rated either Neutral or Negative, depending on pricing.
Federated Hermes Corporate Bond IS FDBIX
- NAV / 1-Day Return 8.24 / +0.24 %
- Total Assets 1.2 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.610%
- Distribution Fee Level Above Average
- Share Class Type Institutional
- Category Corporate Bond
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Min. Initial Investment 1.0 Mil
- Status Open
- TTM Yield 3.82%
- Effective Duration 5.90 years
USD | NAV as of Mar 27, 2024 | 1-Day Return as of Mar 27, 2024, 10:15 PM GMT+0
Morningstar’s Analysis FDBIX
Will FDBIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 16.1
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Federated Hermes Inst Prime Val Obl IS | 8.71 | 100.5 Mil | Cash and Equivalents |
High Yield Bond Portfolio | 7.55 | 87.1 Mil | — |
United States Treasury Notes 4.125% | 3.09 | 35.6 Mil | Government |
United States Treasury Bonds 4.75% | 1.27 | 14.6 Mil | Government |
JPMorgan Chase & Co. 3.875% | 0.64 | 7.4 Mil | Corporate |
Goldman Sachs Group, Inc. 3.814% | 0.63 | 7.3 Mil | Corporate |
The Bank of New York Mellon Corp. 3.992% | 0.62 | 7.2 Mil | Corporate |
Morgan Stanley 3.772% | 0.62 | 7.2 Mil | Corporate |
JPMorgan Chase & Co. 3.509% | 0.61 | 7.0 Mil | Corporate |
Wells Fargo & Co. 3.908% | 0.60 | 6.9 Mil | Corporate |