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Federated Hermes Corporate Bond A FDBAX

Medalist Rating as of | See Federated Hermes Investment Hub
  • NAV / 1-Day Return 8.20  /  0.12 %
  • Total Assets 1.1 Bil
  • Adj. Expense Ratio
    0.860%
  • Expense Ratio 0.860%
  • Distribution Fee Level Above Average
  • Share Class Type Front Load
  • Category Corporate Bond
  • Credit Quality / Interest Rate Sensitivity Medium / Moderate
  • Min. Initial Investment 1,500
  • Status Open
  • TTM Yield 3.50%
  • Effective Duration 5.90 years

Morningstar’s Analysis FDBAX

Will FDBAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

This aggressive corporate-bond fund may be attractive for those who look for such a mix.

Strategist Maciej Kowara

Maciej Kowara

Strategist

Summary

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.

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Portfolio Holdings FDBAX

  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 392
  • Other Holdings 10
  • % 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
100,473,902
Cash and Equivalents

High Yield Bond Portfolio

7.55
87,072,748

United States Treasury Notes 4.125%

3.09
35,590,625
Government

United States Treasury Bonds 4.75%

1.27
14,616,875
Government

JPMorgan Chase & Co. 3.875%

0.64
7,420,136
Corporate

Goldman Sachs Group, Inc. 3.814%

0.63
7,314,822
Corporate

The Bank of New York Mellon Corp. 3.992%

0.62
7,192,681
Corporate

Morgan Stanley 3.772%

0.62
7,156,840
Corporate

JPMorgan Chase & Co. 3.509%

0.61
6,998,271
Corporate

Wells Fargo & Co. 3.908%

0.60
6,914,724
Corporate