Federated Hermes SDG Engagement High Yld Crdt IS (FHHIX)
9.97
+0.02
(+0.20%)
USD |
May 29 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.62% | 192.04M | -- | 29.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 49.16M | 7.01% |
Basic Info
| Investment Strategy | |
| The Fund seeks current income and long-term capital appreciation alongside positive societal impact. It pursues its investment objective by investing primarily in a diversified portfolio of high yield fixed-income securities (also known as junk bonds), which include debt securities issued by U.S. or foreign businesses. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond Global High Yield USD |
| Peer Group | Global High Yield Funds |
| Global Macro | Bond High Yield |
| US Macro | High Yield Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Global High Yield Funds |
| Fund Owner Firm Name | Federated Hermes |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
71
-102.99M
Peer Group Low
21.11M
Peer Group High
1 Year
% Rank:
10
49.16M
-172.98M
Peer Group Low
310.29M
Peer Group High
3 Months
% Rank:
6
-205.83M
Peer Group Low
65.14M
Peer Group High
3 Years
% Rank:
15
-1.170B
Peer Group Low
1.048B
Peer Group High
6 Months
% Rank:
8
-491.00M
Peer Group Low
124.52M
Peer Group High
5 Years
% Rank:
15
-2.565B
Peer Group Low
2.289B
Peer Group High
YTD
% Rank:
10
-303.35M
Peer Group Low
121.26M
Peer Group High
10 Years
% Rank:
13
-4.800B
Peer Group Low
2.289B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of May 30, 2026.
Asset Allocation
As of March 31, 2026.
| Type | % Net |
|---|---|
| Cash | -4.01% |
| Stock | 0.00% |
| Bond | 96.56% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 7.45% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| United States of America USGB 05/19/2026 FIX USD Government (Matured) | 8.60% | 100.00 | 0.01% |
|
5YR T NOTE JUN26
|
7.14% | -- | -- |
| United States of America USGB 3.75 08/15/2027 FIX USD Government | 6.97% | 99.79 | 0.02% |
| United States of America USGB 0.0 03/18/2027 FIX USD Government | 3.69% | 97.12 | 0.03% |
| iShares iBoxx $ High Yield Corporate Bond ETF | 2.27% | 80.31 | 0.10% |
|
10Y TNotes JUN26
|
1.70% | -- | -- |
| State Street SPDR Bloomberg High Yield Bond ETF | 1.52% | 96.77 | 0.16% |
| TERRAFORM POWER OPERATING, LLC TERRAPO 4.75 01/15/2030 FIX USD Corporate 144A | 0.78% | 96.72 | 0.08% |
| SNF GROUP SNFGRO 3.375 03/15/2030 FIX USD Corporate 144A | 0.76% | 93.23 | -0.35% |
| AXALTA COATING SYSTEMS, LLC AXCOAT 3.375 02/15/2029 FIX USD Corporate 144A | 0.72% | 95.61 | 0.09% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.13% |
| Administration Fee | 88.62K% |
| 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 |
Basic Info
| Investment Strategy | |
| The Fund seeks current income and long-term capital appreciation alongside positive societal impact. It pursues its investment objective by investing primarily in a diversified portfolio of high yield fixed-income securities (also known as junk bonds), which include debt securities issued by U.S. or foreign businesses. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond Global High Yield USD |
| Peer Group | Global High Yield Funds |
| Global Macro | Bond High Yield |
| US Macro | High Yield Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Global High Yield Funds |
| Fund Owner Firm Name | Federated Hermes |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (5-28-26) | 5.18% |
| 30-Day SEC Yield (4-30-26) | 4.50% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 268 |
| Bond | |
| Yield to Maturity (3-31-26) | 5.49% |
| Effective Duration | 3.20 |
| Average Coupon | 5.05% |
| Calculated Average Quality | 4.850 |
| Effective Maturity | 4.685 |
| Nominal Maturity | 9.336 |
| Number of Bond Holdings | 230 |
As of March 31, 2026
Fund Details
| Key Dates | |
| Inception Date | 9/26/2019 |
| Last Annual Report Date | 8/31/2025 |
| Last Prospectus Date | 10/31/2025 |
| Share Classes | |
| FHHRX | Retirement |
| Attributes | |
| Index Fund | -- |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Fund of Funds | No |
| Currency Hedged Fund | -- |
| Socially Responsible Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:FHHIX", "name") |
| Broad Asset Class: =YCI("M:FHHIX", "broad_asset_class") |
| Broad Category: =YCI("M:FHHIX", "broad_category_group") |
| Prospectus Objective: =YCI("M:FHHIX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |