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Federated Hermes Corporate Bond C FDBCX

Morningstar Analyst Rating
Analyst rating as of
NAV / 1-Day Return
10.01  /  0.00
Total Assets
950.4 Mil
Adj. Expense Ratio
1.700%
Expense Ratio
1.700%
Fee Level
High
Longest Manager Tenure
23.56 years
Category
Corporate Bond
Credit Quality / Interest Rate Sensitivity
Low / Moderate
Min. Initial Investment
1,500
Status
Open
TTM Yield
2.28%
Effective Duration
6.80 years

USD | NAV as of Jul 23, 2021 | 1-Day Return as of Jul 23, 2021, 9:50 PM GMT+00:00

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Morningstar’s Analysis

Will FDBCX outperform in future?

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

Process Pillar

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The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FDBCX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

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The People Pillar is our evaluation of the FDBCX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

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The Parent Pillar is our rating of FDBCX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Investment-grade and high-yield bond funds rolled into one.

Associate Director

Summary

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A combination of Federated’s resources and Federated Hermes Corporate Bond's structure may make it an appealing choice for those comfortable with its aggressive profile. Its cheapest share class earns a Morningstar Analyst Rating of Bronze while the rest are rated Neutral or Negative, depending on their pricing.

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