Returns Chart

Key Stats

Net Expense Ratio Total Assets Under Management Weighted Average Dividend Yield Turnover Ratio (Generic)
1.94% 21.66M -- 58.00%
1 Year Fund Level Flows 1 Year Total Returns (Daily) Annualized Total Returns Since Inception (Daily) Max Drawdown (Since Inception)
3.495M 13.34% Upgrade Upgrade

Basic Info

Investment Strategy
The Fund seeks to achieve a total return on its assets. The Fund's secondary investment objective is to achieve a high level of income. The Fund pursues its investment objective by investing primarily in emerging market fixed-income securities issued by foreign governments or corporations in emerging market countries.
General
Security Type Mutual Fund
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Global Peer Group Bond Emerging Markets Global HC
Peer Group Emerging Mrkts Hard Currency Debt Funds
Global Macro Bond Emerging Markets
US Macro Emerging Markets Debt Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective Emerging Mrkts Hard Currency Debt Funds
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: 42
-141.14M Peer Group Low
493.37M Peer Group High
1 Year
% Rank: 42
3.495M
-635.96M Peer Group Low
1.110B Peer Group High
3 Months
% Rank: 50
-259.01M Peer Group Low
1.694B Peer Group High
3 Years
% Rank: 36
-2.599B Peer Group Low
2.141B Peer Group High
6 Months
% Rank: 44
-303.07M Peer Group Low
1.789B Peer Group High
5 Years
% Rank: 40
-3.681B Peer Group Low
3.850B Peer Group High
YTD
% Rank: 45
-460.62M Peer Group Low
1.099B Peer Group High
10 Years
% Rank: 59
-4.887B Peer Group Low
7.442B 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
2018
2019
2020
2021
2022
2023
2024
YTD
-6.03%
12.12%
4.91%
-3.97%
-16.85%
13.75%
5.33%
15.16%
0.01%
8.72%
7.51%
-1.54%
-13.01%
5.53%
1.25%
7.11%
-7.72%
14.25%
1.97%
-6.01%
-18.08%
17.46%
5.61%
11.52%
-3.65%
11.19%
5.50%
-2.56%
-13.67%
7.94%
0.69%
13.46%
-8.13%
10.52%
1.40%
-5.18%
-14.07%
11.48%
4.97%
13.91%
-8.53%
12.71%
6.44%
-4.08%
-20.93%
12.00%
5.56%
12.82%
As of December 05, 2025.

Fundamentals

General
Distribution Yield --
Dividend Yield TTM (12-3-25) 1.09%
30-Day SEC Yield (10-31-25) 4.39%
7-Day SEC Yield --
Number of Holdings 128
Bond
Yield to Maturity (9-30-25) 7.11%
Effective Duration 5.70
Average Coupon 6.49%
Calculated Average Quality 5.123
Effective Maturity 8.657
Nominal Maturity 8.753
Number of Bond Holdings 116
As of September 30, 2025

Asset Allocation

As of September 30, 2025.
Type % Net
Cash -2.16%
Stock 0.00%
Bond 96.74%
Convertible 0.00%
Preferred 0.00%
Other 5.42%
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Top 10 Holdings

Name % Weight Price % Change
Romania (Government) 6.75% 11-JUL-2039
3.54% -- --
Federated Hermes Government Obligations Fd Premier 3.33% 1.00 0.00%
Brazil, Federative Republic of (Government) 10% 01-JAN-2027
2.94% -- --
Pakistan, Islamic Republic of (Government) 6.875% 05-DEC-2027
2.94% -- --
Poland, Republic of (Government) 1.75% 25-APR-2032
2.92% -- --
10Y TNotes DEC25
2.76% -- --
5YR T NOTE DEC25
2.68% -- --
Peru, Republic of (Government) 6.15% 12-AUG-2032
2.62% -- --
Federal Republic of Nigeria NGERIA 7.375 09/28/2033 FIX USD Sovereign 144A 2.33% 100.70 0.38%
Hungary (Government) 2.25% 20-APR-2033
2.24% -- --

Fees & Availability

Fees
Actual 12B-1 Fee 0.75%
Actual Management Fee --
Administration Fee 127.0%
Maximum Front Load 0.00%
Maximum Deferred Load 1.00%
Maximum Redemption Fee --
General Availability
Available for Insurance Product No
Available for RRSP No
Purchase Details
Open to New Investors Yes
Minimum Initial Investment 1500.00 None
Minimum Subsequent Investment 100.00 None

Basic Info

Investment Strategy
The Fund seeks to achieve a total return on its assets. The Fund's secondary investment objective is to achieve a high level of income. The Fund pursues its investment objective by investing primarily in emerging market fixed-income securities issued by foreign governments or corporations in emerging market countries.
General
Security Type Mutual Fund
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Global Peer Group Bond Emerging Markets Global HC
Peer Group Emerging Mrkts Hard Currency Debt Funds
Global Macro Bond Emerging Markets
US Macro Emerging Markets Debt Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective Emerging Mrkts Hard Currency Debt Funds
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 (12-3-25) 1.09%
30-Day SEC Yield (10-31-25) 4.39%
7-Day SEC Yield --
Number of Holdings 128
Bond
Yield to Maturity (9-30-25) 7.11%
Effective Duration 5.70
Average Coupon 6.49%
Calculated Average Quality 5.123
Effective Maturity 8.657
Nominal Maturity 8.753
Number of Bond Holdings 116
As of September 30, 2025

Fund Details

Key Dates
Inception Date 10/2/1996
Last Annual Report Date 11/30/2024
Last Prospectus Date 1/31/2025
Share Classes
EMDIX Inst
IHIAX A
Attributes
Index Fund --
Inverse Fund No
Leveraged Fund --
Fund of Funds No
Currency Hedged Fund --
Synthetic Replication 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:IHICX", "name")
Broad Asset Class: =YCI("M:IHICX", "broad_asset_class")
Broad Category: =YCI("M:IHICX", "broad_category_group")
Prospectus Objective: =YCI("M:IHICX", "prospectus_objective")
To find the codes for any of our securities and financial metrics, see our Complete Excel Reference.
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