FIHAX Mutual Fund

FIHAX Mutual Fund

NAV$8.84
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Fund Essentials - as of Jun 30, 2026

Net Assets
$12M
Expense Ratio
0.75%
Dividend Yield (Current)
4.57%
Holdings
456
Inception Date
Feb 10, 2023
Fund Family
Federated Hermes
Investment Style
PRO
Asset Class
PRO
Legal Structure
PRO
Dividend Frequency
Monthly
SEC 30-Day Yield
PRO

Performance

YTD+1.14%
1 Year+4.31%
3 Year+7.06%
5 Year+3.28%
10 Year+4.83%

Asset Allocation

Stocks: 0.30%
Bonds: 91.69%
Cash: 8.02%
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Top Holdings

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TickerNameWeight
-OHIO ST 5% 04/01/20302.47%
ARDGRP 8.875 02/15/3Ardonagh Group Finance Ltd 8.875% 2/15/20321.23%
HBGCN 7.375 01/31/32Hub Internatio 7.375% 01/31/321.08%
MCFE 7.375 02/15/30 Condor Merger 7.375% 02/15/300.94%
MEDIND 5.25 10/01/29Sr Unsecured 144A 10/29 5.250.89%
Top 10 Concentration: 10.61%Report Date: Jun 30, 2026
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Dividend Summary

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Dividend Yield (Current)
4.57%
Frequency
Monthly

Peer Comparison

Benchmark
PRO
Peer outperformance: PRO
Category rank: PRO
This Mutual Fund
PRO
Peer Avg
PRO

FIHAX Mutual Fund Overview

FIHAX Mutual Fund (Federated Hermes Institutional High Yield Bond Fund Class A) is managed by Federated Hermes with $11.7M in net assets. FIHAX expense ratio is 0.75%, holding 456 positions across sectors including Financials, Information Technology, Industrials. Inception date: 2023-02-10.

FIHAX performance shows a YTD return of 1.14%. The 1-year return is 4.31% and the 5-year return is 3.28%. FIHAX dividend yield stands at 4.57%, paid monthly.

FIHAX top holdings include OHIO ST 5% 04/01/2030 (2.5%), Ardonagh Group Finance Ltd 8.875% 2/15/2032 (1.2%), Hub Internatio 7.375% 01/31/32 (1.1%), Condor Merger 7.375% 02/15/30 (0.9%), Sr Unsecured 144A 10/29 5.25 (0.9%). Go to all FIHAX holdings, FIHAX sectors, or FIHAX dividends.

FIHAX can be compared against other funds. Use FIHAX overlap to find shared positions, or FIHAX vs another fund for a side-by-side view. FIHAX alternatives are available via the screener, along with tax-loss harvesting opportunities.