Morningstar

Federated Hermes SDG Engagement High Yield Credit Fund Institutional Shares FHHIX

Morningstar Medalist Rating
Medalist Rating as of | See Federated Hermes Investment Hub
  • NAV / 1-Day Return 9.68  /  −0.10 %
  • Total Assets 187.8M
  • Adj. Expense Ratio
    0.620%
  • Expense Ratio 0.620%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1M
  • Status Open
  • TTM Yield 5.13%
  • Effective Duration —

USD | NAV as of Oct 03, 2026 | 1-Day Return as of Oct 03, 2026, 12:11 AM GMT+0

Morningstar’s Analysis FHHIX

Will FHHIX outperform in the future?

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

  • Process Pillar

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

  • People Pillar

    The People Pillar is our evaluation of the FHHIX 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

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Federated Hermes SDG Eggm HY Crdt IS holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings FHHIX

More FHHIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 16.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

5 Year Treasury Note Future Sept 26

7.84 15M
Government

United States Treasury Bills 0%

7.33 14M
Government

United States Treasury Notes 3.75%

6.53 13M
Government

United States Treasury Bills 0%

4.65 9M
Government

10 Year Treasury Note Future Sept 26

1.97 4M
Government

Otc Im Margin Usd Jpm

0.89 2M
Cash and Equivalents

Deuce Finco PLC 7%

0.76 1M
Corporate

Alcoa Nederland Holding B.V. 4.125%

0.76 1M
Corporate

TerraForm Power Operating, LLC 4.75%

0.74 1M
Corporate

US Foods Inc 5.75%

0.72 1M
Corporate

Sponsor Center