Skip to Content

Federated Hermes Opportunistic HY Bd Svc FHYTX

Medalist Rating as of | See Federated Hermes Investment Hub
  • NAV / 1-Day Return 6.21  /  0.01 %
  • Total Assets 493.2 Mil
  • Adj. Expense Ratio
    0.980%
  • Expense Ratio 0.980%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity Low / Limited
  • Min. Initial Investment 1,000,000
  • Status Open
  • TTM Yield 5.39%
  • Effective Duration 3.60 years

Morningstar’s Analysis FHYTX

Will FHYTX outperform in future?

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

Strength in Federated Hermes Opportunistic HY Bd Svc's Process Pillar is partially offset by an Average People Pillar rating, leading to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

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.

Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings FHYTX

  • Current Portfolio Date
  • Equity Holdings 28
  • Bond Holdings 442
  • Other Holdings 3
  • % Assets in Top 10 Holdings 10.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Federated Hermes Inst Prime Val Obl IS

2.13
10,440,478
Cash and Equivalents

Bank Loan Core

1.47
7,195,558

Clarios Global LP 8.5%

1.17
5,730,558
Corporate

1011778 B.C. Unlimited Liability Company / New Red Finance, Inc. 4%

1.06
5,186,695
Corporate

NFP Corp. 6.875%

1.01
4,959,463
Corporate

Clydesdale Acquisition Holdings Inc. 8.75%

1.00
4,924,617
Corporate

Mozart Debt Merger Subordinated Inc. 5.25%

0.99
4,837,572
Corporate

HUB International Ltd. 7%

0.97
4,748,743
Corporate

Minerva Merger Subordinated Inc. 6.5%

0.91
4,451,711
Corporate

McAfee Corp 7.375%

0.85
4,184,233
Corporate