FDBIX – Federated Hermes Corporate Bond IS Investment Strategy | Morningstar

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Strategy

The investment seeks to provide as high a level of current income as is consistent with the preservation of capital. The fund invests primarily in a diversified portfolio of investment-grade corporate debt securities. It may invest up to 35% of its assets in fixed-income securities rated below investment grade. The Adviser may lengthen or shorten duration from time to time based on its interest rate outlook, but the fund has no set duration parameters. It may invest in derivative contracts or hybrid contracts. The fund may also invest in government securities that are supported by the full faith and credit of the U.S. government.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
FDBIX	Federated Hermes Corporate Bond Fund Class Institutional Shares	Institutional	Open			Jan 28, 2008	$563.14M	0.610%	High	$1M	−$187.72M
FDBAX	Federated Hermes Corporate Bond Fund Class A Shares	Front Load	Open			Jun 28, 1995	$224.45M	0.860%	Above Average	$1,500	−$22.85M
FDBCX	Federated Hermes Corporate Bond Fund Class C Shares	Level Load	Open			Jun 28, 1995	$9.58M	1.700%	High	$1,500	−$1.64M
FDBLX	Federated Hermes Corporate Bond Fund Class R6 Shares	Retirement, Large	Open			Sep 30, 2016	$102.01M	0.590%	High	$0	$18.94M

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