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Morningstar

Federated Hermes Instl High Yield Bd IS FIHBX Fund Analysis

Morningstar Medalist Rating
| Medalist Rating as of | See Federated Hermes Investment Hub

Morningstar’s Analysis FIHBX

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

  • People Pillar

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

A distinctive approach to high-yield investing.

Strategist Maciej Kowara

Maciej Kowara

Strategist

Summary

Federated Hermes Institutional High Yield Bond’s strengths earn its older share classes (IS, R6) a Morningstar Medalist Rating of Silver; the newly launched A and C classes earn Bronze and Neutral, respectively.

by Maciej Kowara
Rated on Published on

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