Morningstar

Federated Hermes Opportunistic High Yield Bond Fund Class C FHYCX

Morningstar Medalist Rating
Unlock
Medalist Rating as of See Federated Hermes Investment Hub
  • NAV / 1-Day Return$6.35  /  −0.31%
  • Fund Size$387.8M
  • Adjusted Expense Ratio1.840%
  • Net Expense Ratio1.810%
  • Fee Level: DistributionHigh
  • Share Class TypeLevel Load
  • Morningstar CategoryHigh Yield Bond
  • Fixed-Income Style Box (Funds)Low/Limited
  • Minimum Initial Investment$1,500
  • Investment StatusOpen
  • TTM Yield4.58%
  • Average Effective Duration3.30 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis FHYCX

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

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Federated Hermes Opportunistic HY Bd C 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 FHYCX

More FHYCX Holdings
  • Current Portfolio Date
  • Equity Holdings—
  • Bond Holdings—
  • Other Holdings—
  • % Assets in Top 10 Holdings9.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Bank Loan Core

2.198M
—

Broadstreet Partners Inc 5.875%

1.114M
Corporate

Ardonagh Group Finance Ltd. 8.875%

1.114M
Corporate

Madison IAQ LLC 5.875%

0.954M
Corporate

HUB International Ltd. 5.625%

0.843M
Corporate

McAfee Corp 7.375%

0.803M
Corporate

Federated Govt Oblg Pr Shares

0.723M
—

Usi Inc 7.5%

0.703M
Corporate

Medline Borrower LP 5.25%

0.693M
Corporate

Tibco Software Inc 6.5%

0.693M
Corporate

Sponsor Center

Site Index
United States Flag United States

© Copyright 2026 Morningstar, Inc. All rights reserved. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time.