Returns Chart

Key Stats

Net Expense Ratio Total Assets Under Management Weighted Average Dividend Yield Turnover Ratio (Generic)
0.59% 1.092B -- 12.00%
1 Year Fund Level Flows 1 Year Total Returns (Daily) Annualized Total Returns Since Inception (Daily) Max Drawdown (Since Inception)
-97.36M 7.09% Upgrade Upgrade

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%

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Net Fund Flows Versus Peer Group

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1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
1 Month
% Rank: 83
-2.896B Peer Group Low
1.226B Peer Group High
1 Year
% Rank: 70
-97.36M
-6.308B Peer Group Low
9.070B Peer Group High
3 Months
% Rank: 88
-1.855B Peer Group Low
3.523B Peer Group High
3 Years
% Rank: 73
-10.46B Peer Group Low
17.12B Peer Group High
6 Months
% Rank: 74
-2.296B Peer Group Low
4.377B Peer Group High
5 Years
% Rank: 82
-22.57B Peer Group Low
23.72B Peer Group High
YTD
% Rank: --
-6.862M Peer Group Low
2.001M Peer Group High
10 Years
% Rank: 85
-5.326B Peer Group Low
57.47B Peer Group High
Date Unavailable

Performance Versus Peer Group

 
20%
15%
10%
5%
0
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (NAV)
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
Peer Group Rtn. (NAV)
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
% Rank in Peer Group (NAV)
5.0
5.0
5.0
5.0
5.0
5.0
5.0
5.0
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Annual Total Returns Versus Peers

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Name
2019
2020
2021
2022
2023
2024
2025
YTD
14.13%
9.08%
0.19%
-14.31%
7.94%
2.67%
7.22%
0.00%
8.72%
7.51%
-1.54%
-13.01%
5.53%
1.25%
7.30%
-0.20%
13.12%
12.76%
-2.39%
-16.22%
7.20%
1.45%
6.39%
-0.08%
15.69%
11.12%
0.06%
-17.06%
7.79%
2.84%
7.07%
0.05%
12.55%
7.61%
1.01%
-15.67%
8.32%
3.13%
7.93%
-0.40%
14.41%
10.99%
-1.48%
-16.62%
8.92%
2.71%
7.42%
-0.03%
As of January 05, 2026.

Fundamentals

General
Distribution Yield --
Dividend Yield TTM (1-2-26) 3.94%
30-Day SEC Yield (11-30-25) 4.59%
7-Day SEC Yield --
Number of Holdings 410
Bond
Yield to Maturity (9-30-25) 4.83%
Effective Duration 5.70
Average Coupon 4.22%
Calculated Average Quality 3.476
Effective Maturity 9.254
Nominal Maturity 9.502
Number of Bond Holdings 405
As of September 30, 2025

Asset Allocation

As of September 30, 2025.
Type % Net
Cash 0.18%
Stock 0.00%
Bond 85.99%
Convertible 0.00%
Preferred 0.00%
Other 13.83%
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Fees & Availability

Fees
Actual 12B-1 Fee --
Actual Management Fee 0.43%
Administration Fee 56.70K%
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 Yes
Minimum Initial Investment 0.00 None
Minimum Subsequent Investment 0.00 None

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%

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Fundamentals

General
Distribution Yield --
Dividend Yield TTM (1-2-26) 3.94%
30-Day SEC Yield (11-30-25) 4.59%
7-Day SEC Yield --
Number of Holdings 410
Bond
Yield to Maturity (9-30-25) 4.83%
Effective Duration 5.70
Average Coupon 4.22%
Calculated Average Quality 3.476
Effective Maturity 9.254
Nominal Maturity 9.502
Number of Bond Holdings 405
As of September 30, 2025

Fund Details

Key Dates
Inception Date 5/20/1987
Share Classes
FDBAX A
FDBCX C
FDBIX Inst
ISHIX F
Attributes
Inverse Fund No
Leveraged Fund --
Currency Hedged Fund --
Socially Responsible Fund No

Top Portfolio Holders

Name % Weight
Portfolio A 5.00%
Portfolio B 3.50%
Portfolio C 2.25%
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Excel Add-In Codes

Name: =YCI("M:FDBLX", "name")
Broad Asset Class: =YCI("M:FDBLX", "broad_asset_class")
Broad Category: =YCI("M:FDBLX", "broad_category_group")
Prospectus Objective: =YCI("M:FDBLX", "prospectus_objective")
To find the codes for any of our securities and financial metrics, see our Complete Excel Reference.
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