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Trending ETFs

Federated Hermes Corporate Bond Fund

mutual fund
FDBLX
Payout Change
Pending
Price as of:
$8.39 -0.02 -0.24%
primary theme
N/A
share class
F (ISHIX) A (FDBAX) Instl (FDBIX) R6 (FDBLX) C (FDBCX)
FDBLX (Mutual Fund)

Federated Hermes Corporate Bond Fund

Payout Change
Pending
Price as of:
$8.39 -0.02 -0.24%
primary theme
N/A
share class
F (ISHIX) A (FDBAX) Instl (FDBIX) R6 (FDBLX) C (FDBCX)
FDBLX (Mutual Fund)

Federated Hermes Corporate Bond Fund

Payout Change
Pending
Price as of:
$8.39 -0.02 -0.24%
primary theme
N/A
share class
F (ISHIX) A (FDBAX) Instl (FDBIX) R6 (FDBLX) C (FDBCX)

Name

As of 12/03/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Federated Hermes Corporate Bond Fund

FDBLX | Fund

$8.39

$1.14 B

3.80%

$0.32

0.66%

Vitals

YTD Return

4.2%

1 yr return

N/A

3 Yr Avg Return

-1.4%

5 Yr Avg Return

1.1%

Net Assets

$1.14 B

Holdings in Top 10

18.4%

52 WEEK LOW AND HIGH

$8.4
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.66%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/03/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Federated Hermes Corporate Bond Fund

FDBLX | Fund

$8.39

$1.14 B

3.80%

$0.32

0.66%

FDBLX - Profile

Distributions

  • YTD Total Return 4.2%
  • 3 Yr Annualized Total Return -1.4%
  • 5 Yr Annualized Total Return 1.1%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 3.8%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Federated Hermes Corporate Bond Fund
  • Fund Family Name
    Federated Hermes Funds
  • Inception Date
    Sep 30, 2016
  • Shares Outstanding
    N/A
  • Share Class
    R6
  • Currency
    USD
  • Domiciled Country
    US

Fund Description

Under normal market conditions, the Fund invests primarily in a diversified portfolio of investment-grade corporate debt securities. The Fund may also invest in other fixed-income securities and derivative contracts and/or hybrid instruments to implement its investment strategy. The Adviser seeks to enhance the Fund’s performance by allocating relatively more of its portfolio to the security type that the Adviser expects to offer the best balance between current income and risk. The Fund may invest up to 35% of its assets in fixed-income securities rated below investment grade. The Adviser may lengthen or shorten duration from time to time based on its interest rate outlook, but the Fund has no set duration parameters. Duration measures the price sensitivity of a fixed-income security to changes in interest rates. The Fund may invest in derivative contracts or hybrid contracts (such as, for example, futures contracts, options contracts and swap contracts) to implement its investment strategy as more fully described herein. There can be no assurance that the Fund’s use of derivative contracts or hybrid instruments will work as intended. Derivative investments made by the Fund are included within the Fund’s 80% policy (as described below) and are calculated at market value. The Fund may also invest in government securities that are supported by the full faith and credit of the U.S. government.When selecting investments for the Fund, the Fund can invest in securities directly or in other investment companies, including, for example, funds advised by the Adviser or its affiliates (“Underlying Funds”). At times, the Fund’s investment in Underlying Funds may be a substantial portion of the Fund’s portfolio.The Fund will invest its assets so that at least 80% of its net assets (plus any borrowings for investment purposes) are invested in corporate fixed-income investments. The Fund will notify shareholders at least 60 days in advance of any change in its investment policy that would enable the Fund to invest, under normal circumstances, less than 80% of its net assets (plus any borrowings for investment purposes) in corporate fixed-income investments.
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FDBLX - Performance

Return Ranking - Trailing

Period FDBLX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.2% N/A N/A N/A
1 Yr N/A N/A N/A N/A
3 Yr -1.4%* N/A N/A N/A
5 Yr 1.1%* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Return Ranking - Calendar

Period FDBLX Return Category Return Low Category Return High Rank in Category (%)
2023 3.9% N/A N/A N/A
2022 -17.5% N/A N/A N/A
2021 -3.2% N/A N/A N/A
2020 5.2% N/A N/A N/A
2019 9.6% N/A N/A N/A

Total Return Ranking - Trailing

Period FDBLX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.2% N/A N/A N/A
1 Yr N/A N/A N/A N/A
3 Yr -1.4%* N/A N/A N/A
5 Yr 1.1%* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Total Return Ranking - Calendar

Period FDBLX Return Category Return Low Category Return High Rank in Category (%)
2023 7.6% N/A N/A N/A
2022 -14.3% N/A N/A N/A
2021 0.2% N/A N/A N/A
2020 9.1% N/A N/A N/A
2019 14.1% N/A N/A N/A

NAV & Total Return History

FDBLX - Holdings

Concentration Analysis

FDBLX Category Low Category High FDBLX % Rank
Net Assets 1.14 B N/A N/A N/A
Number of Holdings 419 N/A N/A N/A
Net Assets in Top 10 211 M N/A N/A N/A
Weighting of Top 10 18.37% N/A N/A N/A

Top 10 Holdings

  1. FED HIGH YLD BOND PORT 8.30%
  2. U.S. Treasury Notes 3.13%
  3. Federated Hermes Government Obligations Fund 2.03%
  4. U.S. Treasury Bonds 0.87%
  5. Johnson Johnson 0.73%
  6. Honeywell International Inc 0.72%
  7. JPMorgan Chase Co 0.65%
  8. JPMorgan Chase Co 0.65%
  9. Goldman Sachs Group Inc/The 0.65%
  10. Morgan Stanley 0.64%

Asset Allocation

Weighting Return Low Return High FDBLX % Rank
Bonds 		88.66% N/A N/A N/A
Stocks 		8.30% N/A N/A N/A
Cash 		3.03% N/A N/A N/A
Other 		0.01% N/A N/A N/A
Preferred Stocks 		0.00% N/A N/A N/A
Convertible Bonds 		0.00% N/A N/A N/A

Stock Sector Breakdown

Weighting Return Low Return High FDBLX % Rank
Utilities 		0.00% N/A N/A N/A
Technology 		0.00% N/A N/A N/A
Real Estate 		0.00% N/A N/A N/A
Industrials 		0.00% N/A N/A N/A
Healthcare 		0.00% N/A N/A N/A
Financial Services 		0.00% N/A N/A N/A
Energy 		0.00% N/A N/A N/A
Communication Services 		0.00% N/A N/A N/A
Consumer Defense 		0.00% N/A N/A N/A
Consumer Cyclical 		0.00% N/A N/A N/A
Basic Materials 		0.00% N/A N/A N/A

Stock Geographic Breakdown

Weighting Return Low Return High FDBLX % Rank
US 		8.30% N/A N/A N/A
Non US 		0.00% N/A N/A N/A

Bond Sector Breakdown

Weighting Return Low Return High FDBLX % Rank
Cash & Equivalents 		2.03% N/A N/A N/A
Derivative 		0.01% N/A N/A N/A
Securitized 		0.00% N/A N/A N/A
Corporate 		0.00% N/A N/A N/A
Municipal 		0.00% N/A N/A N/A
Government 		0.00% N/A N/A N/A

Bond Geographic Breakdown

Weighting Return Low Return High FDBLX % Rank
US 		88.66% N/A N/A N/A
Non US 		0.00% N/A N/A N/A

FDBLX - Expenses

Operational Fees

FDBLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.66% N/A N/A N/A
Management Fee 0.50% N/A N/A N/A
12b-1 Fee N/A N/A N/A N/A
Administrative Fee N/A N/A N/A N/A

Sales Fees

FDBLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A N/A N/A N/A
Deferred Load N/A N/A N/A N/A

Trading Fees

FDBLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FDBLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A N/A N/A N/A

FDBLX - Distributions

Dividend Yield Analysis

FDBLX Category Low Category High FDBLX % Rank
Dividend Yield 3.80% N/A N/A N/A

Dividend Distribution Analysis

FDBLX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly

Net Income Ratio Analysis

FDBLX Category Low Category High FDBLX % Rank
Net Income Ratio N/A N/A N/A N/A

Capital Gain Distribution Analysis

FDBLX Category Low Category High Capital Mode
Capital Gain Distribution Frequency

Distributions History

View More +

FDBLX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
N/A N/A N/A N/A

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