Federated Hermes Corporate Bond Fund maintains its Above Average Ratings for People and Process. The team managing the strategy has plenty of experience. Brian Ruffner and Bryan Dingle, who manage the investment-grade sleeve, are veterans of Federated Hermes, and Mark Durbiano, who manages the high-yield portion, even more so, having started at the firm in 1982.
Federated Hermes Corporate Bond IS FDBIX
- NAV / 1-Day Return 8.49 / −0.35 %
- Total Assets 1.2 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.610%
- Distribution Fee Level Above Average
- Share Class Type Institutional
- Category Corporate Bond
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Min. Initial Investment 1.0 Mil
- Status Open
- TTM Yield 3.71%
- Effective Duration 5.90 years
USD | NAV as of Oct 03, 2024 | 1-Day Return as of Oct 03, 2024, 10:11 PM GMT+0
Morningstar’s Analysis FDBIX
Will FDBIX 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 18.1
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
High Yield Bond Portfolio | 8.51 | 93.1 Mil | — |
United States Treasury Notes 4.125% | 3.14 | 34.4 Mil | Government |
Federated Govt Oblg Pr Shares | 2.97 | 32.5 Mil | — |
United States Treasury Bonds 4.75% | 0.85 | 9.3 Mil | Government |
Johnson & Johnson 1.3% | 0.74 | 8.1 Mil | Corporate |
Honeywell International Inc. 5% | 0.73 | 8.0 Mil | Corporate |
JPMorgan Chase & Co. 3.875% | 0.68 | 7.5 Mil | Cash and Equivalents |
JPMorgan Chase & Co. 5.012% | 0.67 | 7.3 Mil | Corporate |
Goldman Sachs Group, Inc. 3.814% | 0.67 | 7.3 Mil | Corporate |
Morgan Stanley 3.772% | 0.65 | 7.1 Mil | Corporate |