Federated Hermes Corporate Bond Fund IS (FDBIX)
8.24
-0.02
(-0.24%)
USD |
Aug 24 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.61% | 931.97M | -- | 12.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -199.92M | 1.82% |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide as high a level of current income as is consistent with the preservation of capital. 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. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Corporates |
| Peer Group | Corporate Debt Funds BBB-Rated |
| Global Macro | Bond Corporates |
| US Macro | General Domestic Taxable Fixed Income Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Corporate Debt Funds BBB-Rated |
| Fund Owner Firm Name | Federated Hermes |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
35
-257.90M
Peer Group Low
1.484B
Peer Group High
1 Year
% Rank:
91
-199.92M
-1.651B
Peer Group Low
15.14B
Peer Group High
3 Months
% Rank:
99
-393.57M
Peer Group Low
2.941B
Peer Group High
3 Years
% Rank:
83
-6.982B
Peer Group Low
27.58B
Peer Group High
6 Months
% Rank:
97
-483.72M
Peer Group Low
6.418B
Peer Group High
5 Years
% Rank:
77
-4.676B
Peer Group Low
29.20B
Peer Group High
YTD
% Rank:
96
-517.16M
Peer Group Low
10.08B
Peer Group High
10 Years
% Rank:
81
-6.711B
Peer Group Low
64.57B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of August 25, 2026.
Asset Allocation
As of June 30, 2026.
| Type | % Net |
|---|---|
| Cash | 0.05% |
| Stock | 0.00% |
| Bond | 84.22% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 15.73% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
Federated High-Yield Bond Portfolio (MASTER)
|
14.70% | -- | -- |
|
Other Assets less Liabilities
|
1.53% | -- | -- |
| JPMorgan Chase & Co. JPM 5.012 01/23/2030 FLT USD Corporate '29 | 0.79% | 100.47 | 0.00% |
| NextEra Energy Capital Holdings, Inc. NXTENG 3.55 05/01/2027 FIX USD Corporate | 0.72% | 99.49 | 0.14% |
| Wells Fargo & Company WFC 5.499 01/23/2035 FLT USD Corporate '34 | 0.66% | 100.40 | 0.17% |
| Anheuser-Busch InBev Worldwide Inc. ANBUS-W 4.6 04/15/2048 FIX USD Corporate | 0.61% | 84.59 | 0.36% |
| Bank of America Corporation BACORP 2.884 10/22/2030 FLT USD Corporate '29 | 0.60% | 94.16 | 0.03% |
| ALLEGION PUBLIC LIMITED COMPANY ALLEGPU 3.5 10/01/2029 FIX USD Corporate | 0.57% | 96.11 | -0.01% |
| HCA Inc. HCA 5.45 09/15/2034 FIX USD Corporate | 0.56% | 99.45 | 0.18% |
| Leidos, Inc. LEIDINC 2.3 02/15/2031 FIX USD Corporate | 0.56% | 88.52 | 0.04% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.37% |
| Administration Fee | 582971.0 None |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 1.00M None |
| Minimum Subsequent Investment | 0.00 None |
Projected Income
| Type | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Qualified Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Normal
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Qualified
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
LT Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Ordinary Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Non-Qual
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ST Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Interest
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Tax-Exempt
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ROC
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Other
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Total
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
As of July 31, 2026.
Basic Info
| Investment Strategy | |
| The Fund seeks to provide as high a level of current income as is consistent with the preservation of capital. 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. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Corporates |
| Peer Group | Corporate Debt Funds BBB-Rated |
| Global Macro | Bond Corporates |
| US Macro | General Domestic Taxable Fixed Income Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Corporate Debt Funds BBB-Rated |
| Fund Owner Firm Name | Federated Hermes |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (8-24-26) | 4.20% |
| 30-Day SEC Yield (7-31-26) | 4.90% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 368 |
| Bond | |
| Yield to Maturity (6-30-26) | 5.24% |
| Effective Duration | 5.60 |
| Average Coupon | 4.50% |
| Calculated Average Quality | 3.609 |
| Effective Maturity | 9.411 |
| Nominal Maturity | 9.649 |
| Number of Bond Holdings | 362 |
As of June 30, 2026
Fund Details
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:FDBIX", "name") |
| Broad Asset Class: =YCI("M:FDBIX", "broad_asset_class") |
| Broad Category: =YCI("M:FDBIX", "broad_category_group") |
| Prospectus Objective: =YCI("M:FDBIX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |