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