Skip to Content
Morningstar

Federated Hermes Sust High Yield Bond IS FHISX

Morningstar Medalist Rating
Medalist Rating as of | See Federated Hermes Investment Hub
  • NAV / 1-Day Return 6.60  /  +0.30 %
  • Total Assets 436.2 Mil
  • Adj. Expense Ratio
    0.650%
  • Expense Ratio 0.650%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment 1.0 Mil
  • Status Open
  • TTM Yield 5.76%
  • Effective Duration 3.50 years

USD | NAV as of Apr 26, 2024 | 1-Day Return as of Apr 26, 2024, 10:14 PM GMT+0

Morningstar’s Analysis FHISX

Will FHISX outperform in 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 FHISX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FHISX 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 FHISX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A strong management team and sound investment process underpin Federated Hermes Sust High Yield Bond IS's Morningstar Medalist Rating of Bronze.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the second-lowest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings FHISX

More FHISX Holdings
  • 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

Clarios Global LP 8.5%

1.51 6.6 Mil
Corporate

Grifols Escrow Issuer S A U 4.75%

1.32 5.8 Mil
Corporate

NFP Corp. 6.875%

1.24 5.4 Mil
Corporate

Mozart Debt Merger Subordinated Inc. 5.25%

1.21 5.3 Mil
Corporate

HUB International Ltd. 7%

1.16 5.1 Mil
Corporate

Broadstreet Partners Inc 5.875%

1.10 4.8 Mil
Corporate

Clydesdale Acquisition Holdings Inc. 8.75%

1.04 4.6 Mil
Corporate

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