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Morningstar

Federated Hermes Emerging Market Debt A IHIAX

Morningstar Medalist Rating
Medalist Rating as of | See Federated Hermes Investment Hub
  • NAV / 1-Day Return 7.03  /  0.00
  • Total Assets 17.1 Mil
  • Adj. Expense Ratio
    1.190%
  • Expense Ratio 1.190%
  • Distribution Fee Level Above Average
  • Share Class Type Front Load
  • Category Emerging Markets Bond
  • Credit Quality / Interest Rate Sensitivity Low / Moderate
  • Min. Initial Investment 1,500
  • Status Open
  • TTM Yield 3.90%
  • Effective Duration 5.06 years

USD | NAV as of Sep 22, 2023 | 1-Day Return as of Sep 22, 2023, 10:16 PM GMT+0

Morningstar’s Analysis IHIAX

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

People Pillar

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

Federated Hermes Emerging Market Debt A's Average Process Pillar and People Pillar ratings result in 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-highest quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings IHIAX

More IHIAX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 108
  • Other Holdings 7
  • % Assets in Top 10 Holdings 30.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Secretaria Tesouro Nacional 0%

8.71
1,713,506
Government

US 10 Year Note (CBT) Sept13

5.13
1,010,391
Government

Federated Hermes Inst Prime Val Obl IS

3.12
612,993
Cash and Equivalents

Mexico (United Mexican States) 7.75%

2.99
588,836
Government

Mexico (United Mexican States) 5.75%

2.71
533,914
Government

Indonesia (Republic of) 8.375%

2.69
529,185
Government

Peru (Republic of) 6.15%

2.34
460,380
Government

Poland (Republic of) 2.5%

1.82
358,867
Government

Chile (Republic of) 0%

1.62
318,004
Government

Ministerio de Hacienda y Credito Publico 7%

1.50
294,718
Government