Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.
Federated Hermes Sust High Yield Bond C FHICX
- NAV / 1-Day Return 6.86 / 0.00
- Total Assets 459.6 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.740%
- Distribution Fee Level Average
- Share Class Type Level Load
- Category High Yield Bond
- Credit Quality / Interest Rate Sensitivity Low/Limited
- Min. Initial Investment 1,500
- Status Open
- TTM Yield 4.53%
- Effective Duration 3.40 years
USD | NAV as of Sep 26, 2024 | 1-Day Return as of Sep 26, 2024, 10:09 PM GMT+0
Morningstar’s Analysis FHICX
Will FHICX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 13.9
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Federated Govt Oblg Pr Shares | 3.81 | 16.6 Mil | — |
Clarios Global LP 8.5% | 1.53 | 6.6 Mil | Corporate |
Grifols Escrow Issuer S A U 4.75% | 1.27 | 5.5 Mil | Corporate |
Medline Borrower LP 5.25% | 1.23 | 5.3 Mil | Corporate |
Broadstreet Partners Inc 5.875% | 1.11 | 4.8 Mil | Corporate |
Clydesdale Acquisition Holdings Inc. 8.75% | 1.10 | 4.8 Mil | Corporate |
McAfee Corp 7.375% | 1.05 | 4.6 Mil | Corporate |
Ardonagh Group Finance Ltd. 8.875% | 0.95 | 4.1 Mil | Corporate |
Minerva Merger Subordinated Inc. 6.5% | 0.94 | 4.1 Mil | Corporate |
1011778 B.C. Unlimited Liability Company / New Red Finance, Inc. 4% | 0.87 | 3.8 Mil | Corporate |