Morningstar

Federated Hermes Intermediate Corporate Bond Fund R6 Shares ICBRX

Morningstar Medalist Rating
Medalist Rating as of | See Federated Hermes Investment Hub
  • NAV / 1-Day Return 8.56  /  −0.12 %
  • Total Assets 468.6M
  • Adj. Expense Ratio
    0.460%
  • Expense Ratio 0.450%
  • Distribution Fee Level Above Average
  • Share Class Type Retirement, Large
  • Category Corporate Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 4.34%
  • Effective Duration 4.00 years

USD | NAV as of Jul 11, 2026 | 1-Day Return as of Jul 11, 2026, 12:11 AM GMT+0

Morningstar’s Analysis ICBRX

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

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Federated Hermes Intermediate Corp Bd R6 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
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Portfolio Holdings ICBRX

More ICBRX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 8.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Federated Govt Oblg Pr Shares

1.95 9M
—

Ultra 10 Year US Treasury Note Future June 26

1.92 9M
Government

10 Year Treasury Note Future June 26

1.25 6M
Government

T-Mobile USA, Inc. 3.875%

0.61 3M
Corporate

United States Treasury Notes 3.875%

0.61 3M
Government

Bank of America Corp. 2.592%

0.57 3M
Corporate

United States Treasury Notes 4.625%

0.56 3M
Government

Citigroup Inc. 2.572%

0.50 2M
Corporate

Bank of America Corp. 3.824%

0.49 2M
Corporate

Amgen Inc. 5.25%

0.48 2M
Corporate

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