Skip to Content
Morningstar

Federated Hermes Interm Corp Bd Svc INISX

Morningstar Medalist Rating
Medalist Rating as of | See Federated Hermes Investment Hub
  • NAV / 1-Day Return 8.30  /  +0.13 %
  • Total Assets 377.1 Mil
  • Adj. Expense Ratio
    0.770%
  • Expense Ratio 0.770%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Corporate Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1.0 Mil
  • Status Open
  • TTM Yield 3.61%
  • Effective Duration 3.90 years

USD | NAV as of Apr 22, 2024 | 1-Day Return as of Apr 22, 2024, 10:14 PM GMT+0

Morningstar’s Analysis INISX

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

  • People Pillar

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

Federated Hermes Interm Corp Bd Svc boasts strong Process and People Pillar ratings, but other weaknesses hold this strategy's Morningstar Medalist Rating at 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
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings INISX

More INISX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 9.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Federated Hermes Inst Prime Val Obl IS

3.44 12.8 Mil
Cash and Equivalents

Ultra 10 Year US Treasury Note Future Mar 24

2.09 7.8 Mil
Government

10 Year Treasury Note Future Mar 24

1.82 6.8 Mil
Government

United States Treasury Notes 4.5%

1.21 4.5 Mil
Government

Bank of America Corp. 2.592%

0.63 2.3 Mil
Corporate

Oracle Corp. 6.15%

0.61 2.3 Mil
Corporate

Bank of America Corp. 3.824%

0.58 2.2 Mil
Corporate

Citigroup Inc. 2.572%

0.57 2.1 Mil
Corporate

Bank of America Corp. 4.571%

0.55 2.1 Mil
Corporate

Amgen Inc. 5.25%

0.55 2.0 Mil
Corporate