Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.
Federated Hermes Sust High Yield Bond A FHIIX
- NAV / 1-Day Return 6.61 / +0.46 %
- Total Assets 434.8 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.900%
- Distribution Fee Level Low
- Share Class Type Front Load
- Category High Yield Bond
- Credit Quality / Interest Rate Sensitivity Low/Limited
- Min. Initial Investment 1,500
- Status Open
- TTM Yield 5.51%
- Effective Duration 3.50 years
USD | NAV as of Apr 23, 2024 | 1-Day Return as of Apr 23, 2024, 10:14 PM GMT+0
Morningstar’s Analysis FHIIX
Will FHIIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 11.5
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Federated Hermes Inst Prime Val Obl IS | 3.28 | 14.4 Mil | Cash and Equivalents |
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1011778 B.C. Unlimited Liability Company / New Red Finance, Inc. 4% | 1.03 | 4.5 Mil | Corporate |
McAfee Corp 7.375% | 0.99 | 4.3 Mil | Corporate |