Federated Hermes Instl High Yield Bd IS
Fund
FIHBX
Price as of:
$8.48
+ $0.03
+ 0.36%
Primary Theme
fund company
share class
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
Vitals
YTD Return
-14.6%
1 yr return
-5.0%
3 Yr Avg Return
3.1%
5 Yr Avg Return
3.2%
Net Assets
$8.23 B
Holdings in Top 10
8.5%
52 WEEK LOW AND HIGH
$8.5
$8.33
$10.07
Expenses
OPERATING FEES
Expense Ratio 0.50%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 32.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Investment Style
High Yield Bond
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
FIHBX - Profile
Distributions
- YTD Total Return -14.6%
- 3 Yr Annualized Total Return 3.1%
- 5 Yr Annualized Total Return 3.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 4.76%
- Dividend Yield 5.7%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameFederated Hermes Institutional High Yield Bond Fund
-
Fund Family NameFederated
-
Inception DateNov 01, 2002
-
Shares OutstandingN/A
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerMark Durbiano
Fund Description
The fund invests primarily in a diversified portfolio of high yield corporate bonds (also known as "junk bonds"), which include debt securities issued by U.S. or foreign businesses (including emerging market debt securities). The Adviser does not limit the fund's investments to securities of a particular maturity range. The fund may invest in derivative contracts (for example, futures contracts, option contracts and swap contracts) to implement its investment strategies.
FIHBX - Performance
Return Ranking - Trailing
| Period | FIHBX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -14.6% | -57.5% | 9.6% | 74.17% |
| 1 Yr | -5.0% | -37.5% | 44.9% | 45.65% |
| 3 Yr | 3.1%* | -25.4% | 17.4% | 35.17% |
| 5 Yr | 3.2%* | -15.8% | 13.4% | 32.10% |
| 10 Yr | 5.2%* | 0.4% | 9.0% | 18.18% |
* Annualized
Return Ranking - Calendar
| Period | FIHBX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2021 | -0.4% | -47.5% | 15.2% | 64.85% |
| 2020 | 0.4% | -56.9% | 399.1% | 40.90% |
| 2019 | 8.4% | -53.7% | 226.1% | 40.57% |
| 2018 | -8.4% | -33.7% | 2.0% | 61.64% |
| 2017 | 1.4% | -9.5% | 18.8% | 39.89% |
Total Return Ranking - Trailing
| Period | FIHBX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -14.6% | -57.5% | 9.6% | 68.97% |
| 1 Yr | -5.0% | -37.5% | 52.4% | 39.95% |
| 3 Yr | 3.1%* | -25.4% | 16.3% | 32.09% |
| 5 Yr | 3.2%* | -15.8% | 12.7% | 31.76% |
| 10 Yr | 5.2%* | 0.4% | 9.0% | 17.28% |
* Annualized
Total Return Ranking - Calendar
| Period | FIHBX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2021 | -0.4% | -47.5% | 15.2% | 64.85% |
| 2020 | 0.4% | -56.9% | 399.1% | 40.90% |
| 2019 | 8.4% | -53.7% | 226.1% | 43.74% |
| 2018 | -8.4% | -33.7% | 2.0% | 68.38% |
| 2017 | 1.4% | -9.4% | 18.8% | 54.13% |
NAV & Total Return History
FIHBX - Holdings
Concentration Analysis
| FIHBX | Category Low | Category High | FIHBX % Rank | |
|---|---|---|---|---|
| Net Assets | 8.23 B | 1.47 M | 26.2 B | 7.28% |
| Number of Holdings | 631 | 2 | 2736 | 20.84% |
| Net Assets in Top 10 | 758 M | -492 M | 2.55 B | 8.13% |
| Weighting of Top 10 | 8.50% | 3.0% | 100.0% | 74.71% |
Top 10 Holdings
- High Yield Bond Portfolio 1.38%
- HUB International Ltd. 7% 1.31%
- Federated Hermes Inst Prime Val Obl IS 1.24%
- Clarios Global Lp 8.5% 0.93%
- NFP Corp. 6.875% 0.86%
- 1011778 B.C. Unlimited Liability Company / New Red Finance, Inc. 4% 0.78%
- Tempo Acquisition LLC / Tempo Acquisition Fin Corp 6.75% 0.77%
- iHeartCommunications Inc 8.375% 0.73%
- Clydesdale Acquisition Holdings Inc. 8.75% 0.72%
- AVANTOR INC 9% 0.68%
Asset Allocation
| Weighting | Return Low | Return High | FIHBX % Rank | |
|---|---|---|---|---|
| Bonds | 97.94% | 0.00% | 154.38% | 17.34% |
| Cash | 1.24% | -52.00% | 100.00% | 76.24% |
| Stocks | 0.44% | -0.60% | 52.82% | 42.53% |
| Convertible Bonds | 0.38% | 0.00% | 17.89% | 82.85% |
| Preferred Stocks | 0.00% | 0.00% | 14.10% | 96.19% |
| Other | 0.00% | -63.70% | 32.06% | 93.14% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | FIHBX % Rank | |
|---|---|---|---|---|
| Utilities | 0.00% | 0.00% | 100.00% | 94.18% |
| Technology | 0.00% | 0.00% | 34.19% | 94.00% |
| Real Estate | 0.00% | 0.00% | 86.71% | 92.12% |
| Industrials | 0.00% | 0.00% | 100.00% | 96.06% |
| Healthcare | 0.00% | 0.00% | 30.07% | 93.25% |
| Financial Services | 0.00% | 0.00% | 100.00% | 95.12% |
| Energy | 0.00% | 0.00% | 100.00% | 35.08% |
| Communication Services | 0.00% | 0.00% | 99.99% | 22.51% |
| Consumer Defense | 0.00% | 0.00% | 100.00% | 93.62% |
| Consumer Cyclical | 0.00% | 0.00% | 100.00% | 94.37% |
| Basic Materials | 0.00% | 0.00% | 100.00% | 7.13% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | FIHBX % Rank | |
|---|---|---|---|---|
| US | 0.44% | -0.60% | 47.59% | 34.94% |
| Non US | 0.00% | -0.01% | 9.63% | 95.68% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | FIHBX % Rank | |
|---|---|---|---|---|
| Corporate | 98.75% | 0.00% | 100.00% | 10.94% |
| Cash & Equivalents | 1.25% | 0.00% | 99.98% | 82.32% |
| Derivative | 0.00% | 0.00% | 45.95% | 96.82% |
| Securitized | 0.00% | 0.00% | 97.24% | 97.96% |
| Municipal | 0.00% | 0.00% | 1.17% | 93.64% |
| Government | 0.00% | 0.00% | 99.07% | 94.78% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | FIHBX % Rank | |
|---|---|---|---|---|
| US | 88.30% | 0.00% | 150.64% | 9.91% |
| Non US | 9.64% | 0.00% | 96.17% | 76.24% |
FIHBX - Expenses
Operational Fees
| FIHBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.50% | 0.02% | 4.67% | 85.07% |
| Management Fee | 0.40% | 0.00% | 1.84% | 16.14% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | 0.10% | 0.00% | 0.50% | 58.37% |
Sales Fees
| FIHBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 0.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
| FIHBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | 30.51% |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| FIHBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 32.00% | 1.00% | 327.00% | 8.41% |
FIHBX - Distributions
Dividend Yield Analysis
| FIHBX | Category Low | Category High | FIHBX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 5.71% | 0.00% | 30.27% | 14.66% |
Dividend Distribution Analysis
| FIHBX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
| FIHBX | Category Low | Category High | FIHBX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 4.76% | -2.39% | 14.30% | 31.11% |
Capital Gain Distribution Analysis
| FIHBX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Dividend Payout History
| Date | Amount | Type |
|---|---|---|
| Aug 31, 2022 | $0.040 | DailyAccrualFund |
| Jul 29, 2022 | $0.042 | DailyAccrualFund |
| Jun 30, 2022 | $0.042 | DailyAccrualFund |
| May 31, 2022 | $0.042 | DailyAccrualFund |
| Apr 29, 2022 | $0.043 | DailyAccrualFund |
| Mar 31, 2022 | $0.043 | DailyAccrualFund |
| Feb 28, 2022 | $0.043 | DailyAccrualFund |
| Jan 31, 2022 | $0.042 | DailyAccrualFund |
| Dec 31, 2021 | $0.042 | DailyAccrualFund |
| Nov 30, 2021 | $0.043 | DailyAccrualFund |
| Oct 31, 2021 | $0.042 | DailyAccrualFund |
| Sep 30, 2021 | $0.042 | DailyAccrualFund |
| Aug 31, 2021 | $0.042 | DailyAccrualFund |
| Jul 31, 2021 | $0.042 | DailyAccrualFund |
| Jun 30, 2021 | $0.043 | DailyAccrualFund |
| May 31, 2021 | $0.042 | DailyAccrualFund |
| Apr 30, 2021 | $0.042 | DailyAccrualFund |
| Mar 31, 2021 | $0.042 | DailyAccrualFund |
| Feb 28, 2021 | $0.042 | DailyAccrualFund |
| Jan 31, 2021 | $0.042 | DailyAccrualFund |
| Dec 31, 2020 | $0.042 | DailyAccrualFund |
| Nov 30, 2020 | $0.042 | DailyAccrualFund |
| Oct 30, 2020 | $0.040 | DailyAccrualFund |
| Sep 30, 2020 | $0.041 | DailyAccrualFund |
| Aug 31, 2020 | $0.041 | DailyAccrualFund |
| Jul 31, 2020 | $0.041 | DailyAccrualFund |
| Jun 30, 2020 | $0.041 | DailyAccrualFund |
| May 29, 2020 | $0.043 | DailyAccrualFund |
| Apr 30, 2020 | $0.044 | DailyAccrualFund |
| Mar 31, 2020 | $0.046 | DailyAccrualFund |
| Feb 28, 2020 | $0.045 | DailyAccrualFund |
| Jan 31, 2020 | $0.046 | DailyAccrualFund |
| Dec 31, 2019 | $0.047 | DailyAccrualFund |
| Nov 29, 2019 | $0.047 | DailyAccrualFund |
| Oct 31, 2019 | $0.047 | DailyAccrualFund |
| Sep 30, 2019 | $0.048 | DailyAccrualFund |
| Aug 30, 2019 | $0.048 | DailyAccrualFund |
| Jul 31, 2019 | $0.048 | DailyAccrualFund |
| May 31, 2019 | $0.050 | DailyAccrualFund |
| Apr 30, 2019 | $0.048 | DailyAccrualFund |
| Mar 29, 2019 | $0.048 | DailyAccrualFund |
| Feb 28, 2019 | $0.049 | DailyAccrualFund |
| Jan 31, 2019 | $0.049 | DailyAccrualFund |
| Dec 31, 2018 | $0.049 | DailyAccrualFund |
| Nov 30, 2018 | $0.048 | DailyAccrualFund |
| Oct 31, 2018 | $0.048 | DailyAccrualFund |
| Aug 31, 2018 | $0.050 | DailyAccrualFund |
| Jul 31, 2018 | $0.049 | DailyAccrualFund |
| Jun 29, 2018 | $0.047 | DailyAccrualFund |
| May 31, 2018 | $0.046 | DailyAccrualFund |
| Apr 30, 2018 | $0.047 | DailyAccrualFund |
| Mar 29, 2018 | $0.047 | DailyAccrualFund |
| Feb 28, 2018 | $0.046 | DailyAccrualFund |
| Jan 31, 2018 | $0.045 | DailyAccrualFund |
| Dec 29, 2017 | $0.046 | DailyAccrualFund |
| Nov 30, 2017 | $0.047 | DailyAccrualFund |
| Oct 31, 2017 | $0.046 | DailyAccrualFund |
| Sep 29, 2017 | $0.046 | DailyAccrualFund |
| Aug 31, 2017 | $0.048 | DailyAccrualFund |
| Jul 31, 2017 | $0.046 | DailyAccrualFund |
| Jun 30, 2017 | $0.045 | DailyAccrualFund |
| May 31, 2017 | $0.046 | DailyAccrualFund |
| Apr 28, 2017 | $0.047 | DailyAccrualFund |
| Mar 31, 2017 | $0.046 | DailyAccrualFund |
| Feb 28, 2017 | $0.047 | DailyAccrualFund |
| Jan 31, 2017 | $0.046 | DailyAccrualFund |
| Dec 30, 2016 | $0.047 | DailyAccrualFund |
| Nov 30, 2016 | $0.047 | DailyAccrualFund |
| Oct 31, 2016 | $0.047 | DailyAccrualFund |
| Sep 30, 2016 | $0.047 | DailyAccrualFund |
| Aug 31, 2016 | $0.047 | DailyAccrualFund |
| Jul 29, 2016 | $0.047 | DailyAccrualFund |
| Jun 30, 2016 | $0.047 | DailyAccrualFund |
| May 31, 2016 | $0.047 | DailyAccrualFund |
| Apr 29, 2016 | $0.048 | DailyAccrualFund |
| Mar 31, 2016 | $0.048 | DailyAccrualFund |
| Feb 29, 2016 | $0.048 | DailyAccrualFund |
| Jan 29, 2016 | $0.048 | DailyAccrualFund |
| Dec 31, 2015 | $0.049 | DailyAccrualFund |
| Nov 30, 2015 | $0.049 | DailyAccrualFund |
| Oct 30, 2015 | $0.048 | DailyAccrualFund |
| Sep 30, 2015 | $0.048 | DailyAccrualFund |
| Aug 31, 2015 | $0.048 | DailyAccrualFund |
| Jul 31, 2015 | $0.048 | DailyAccrualFund |
| Jun 30, 2015 | $0.049 | DailyAccrualFund |
| May 29, 2015 | $0.049 | DailyAccrualFund |
| Apr 30, 2015 | $0.049 | DailyAccrualFund |
| Mar 31, 2015 | $0.049 | DailyAccrualFund |
| Feb 27, 2015 | $0.050 | DailyAccrualFund |
| Jan 30, 2015 | $0.050 | DailyAccrualFund |
| Dec 31, 2014 | $0.051 | DailyAccrualFund |
| Nov 28, 2014 | $0.051 | DailyAccrualFund |
| Oct 31, 2014 | $0.051 | DailyAccrualFund |
| Sep 30, 2014 | $0.052 | DailyAccrualFund |
| Aug 29, 2014 | $0.052 | DailyAccrualFund |
| Jul 31, 2014 | $0.052 | DailyAccrualFund |
| Jun 30, 2014 | $0.052 | DailyAccrualFund |
| May 31, 2014 | $0.052 | DailyAccrualFund |
| Apr 30, 2014 | $0.052 | DailyAccrualFund |
| Mar 31, 2014 | $0.053 | DailyAccrualFund |
| Feb 28, 2014 | $0.053 | DailyAccrualFund |
| Jan 31, 2014 | $0.053 | DailyAccrualFund |
| Dec 31, 2013 | $0.056 | DailyAccrualFund |
| Nov 29, 2013 | $0.054 | DailyAccrualFund |
| Oct 31, 2013 | $0.055 | DailyAccrualFund |
| Sep 30, 2013 | $0.055 | DailyAccrualFund |
| Aug 30, 2013 | $0.055 | DailyAccrualFund |
| Jul 31, 2013 | $0.057 | DailyAccrualFund |
| Jun 28, 2013 | $0.059 | DailyAccrualFund |
| May 31, 2013 | $0.057 | DailyAccrualFund |
| Apr 30, 2013 | $0.056 | DailyAccrualFund |
| Mar 28, 2013 | $0.057 | DailyAccrualFund |
| Feb 28, 2013 | $0.059 | DailyAccrualFund |
| Jan 31, 2013 | $0.060 | DailyAccrualFund |
| Dec 31, 2012 | $0.061 | DailyAccrualFund |
| Nov 30, 2012 | $0.069 | DailyAccrualFund |
| Oct 31, 2012 | $0.060 | DailyAccrualFund |
| Sep 28, 2012 | $0.056 | DailyAccrualFund |
| Aug 31, 2012 | $0.061 | DailyAccrualFund |
| Jul 31, 2012 | $0.062 | DailyAccrualFund |
| Jun 29, 2012 | $0.066 | DailyAccrualFund |
| May 31, 2012 | $0.062 | DailyAccrualFund |
| Apr 30, 2012 | $0.063 | DailyAccrualFund |
| Mar 30, 2012 | $0.063 | DailyAccrualFund |
| Feb 29, 2012 | $0.063 | DailyAccrualFund |
| Jan 31, 2012 | $0.064 | DailyAccrualFund |
| Dec 30, 2011 | $0.063 | DailyAccrualFund |
| Nov 30, 2011 | $0.067 | DailyAccrualFund |
| Oct 31, 2011 | $0.073 | DailyAccrualFund |
| Sep 30, 2011 | $0.066 | DailyAccrualFund |
| Aug 31, 2011 | $0.066 | DailyAccrualFund |
| Jul 29, 2011 | $0.069 | DailyAccrualFund |
| Jun 30, 2011 | $0.070 | DailyAccrualFund |
| May 31, 2011 | $0.066 | DailyAccrualFund |
| Apr 29, 2011 | $0.068 | DailyAccrualFund |
| Mar 31, 2011 | $0.066 | DailyAccrualFund |
| Feb 28, 2011 | $0.065 | DailyAccrualFund |
| Jan 31, 2011 | $0.076 | DailyAccrualFund |
| Dec 31, 2010 | $0.081 | DailyAccrualFund |
| Nov 30, 2010 | $0.076 | DailyAccrualFund |
| Oct 29, 2010 | $0.072 | DailyAccrualFund |
| Sep 30, 2010 | $0.071 | DailyAccrualFund |
| Aug 31, 2010 | $0.071 | DailyAccrualFund |
| Jul 30, 2010 | $0.072 | DailyAccrualFund |
| Jun 30, 2010 | $0.072 | DailyAccrualFund |
| May 28, 2010 | $0.071 | DailyAccrualFund |
| Apr 30, 2010 | $0.069 | DailyAccrualFund |
| Mar 31, 2010 | $0.068 | DailyAccrualFund |
| Feb 26, 2010 | $0.068 | DailyAccrualFund |
| Jan 29, 2010 | $0.067 | DailyAccrualFund |
| Dec 31, 2009 | $0.067 | DailyAccrualFund |
| Nov 30, 2009 | $0.065 | DailyAccrualFund |
| Oct 30, 2009 | $0.065 | DailyAccrualFund |
| Sep 30, 2009 | $0.064 | DailyAccrualFund |
| Aug 31, 2009 | $0.065 | DailyAccrualFund |
| Jul 31, 2009 | $0.065 | DailyAccrualFund |
| Jun 30, 2009 | $0.065 | DailyAccrualFund |
| May 29, 2009 | $0.065 | DailyAccrualFund |
| Apr 30, 2009 | $0.066 | DailyAccrualFund |
| Mar 31, 2009 | $0.067 | DailyAccrualFund |
| Feb 27, 2009 | $0.066 | DailyAccrualFund |
| Jan 30, 2009 | $0.068 | DailyAccrualFund |
| Dec 31, 2008 | $0.067 | DailyAccrualFund |
| Nov 28, 2008 | $0.069 | DailyAccrualFund |
| Oct 31, 2008 | $0.070 | DailyAccrualFund |
| Sep 30, 2008 | $0.068 | DailyAccrualFund |
| Aug 29, 2008 | $0.069 | DailyAccrualFund |
| Jul 31, 2008 | $0.069 | DailyAccrualFund |
| Jun 30, 2008 | $0.068 | DailyAccrualFund |
| May 30, 2008 | $0.068 | DailyAccrualFund |
| Apr 30, 2008 | $0.069 | DailyAccrualFund |
| Mar 31, 2008 | $0.070 | DailyAccrualFund |
| Feb 29, 2008 | $0.068 | DailyAccrualFund |
| Jan 31, 2008 | $0.067 | DailyAccrualFund |
| Dec 31, 2007 | $0.068 | DailyAccrualFund |
| Nov 30, 2007 | $0.068 | DailyAccrualFund |
| Oct 31, 2007 | $0.068 | DailyAccrualFund |
| Sep 28, 2007 | $0.068 | DailyAccrualFund |
| Aug 31, 2007 | $0.069 | DailyAccrualFund |
| Jul 31, 2007 | $0.069 | DailyAccrualFund |
| Jun 29, 2007 | $0.069 | DailyAccrualFund |
| May 31, 2007 | $0.068 | DailyAccrualFund |
| Apr 30, 2007 | $0.069 | DailyAccrualFund |
| Mar 30, 2007 | $0.069 | DailyAccrualFund |
| Feb 28, 2007 | $0.068 | DailyAccrualFund |
| Jan 31, 2007 | $0.068 | DailyAccrualFund |
| Dec 29, 2006 | $0.068 | DailyAccrualFund |
| Nov 30, 2006 | $0.067 | DailyAccrualFund |
| Oct 31, 2006 | $0.067 | DailyAccrualFund |
| Sep 29, 2006 | $0.067 | DailyAccrualFund |
| Aug 31, 2006 | $0.067 | DailyAccrualFund |
| Jul 31, 2006 | $0.068 | DailyAccrualFund |
| Jun 30, 2006 | $0.067 | DailyAccrualFund |
| May 31, 2006 | $0.067 | DailyAccrualFund |
| Apr 28, 2006 | $0.067 | DailyAccrualFund |
| Mar 31, 2006 | $0.068 | DailyAccrualFund |
| Feb 28, 2006 | $0.068 | DailyAccrualFund |
| Jan 31, 2006 | $0.071 | DailyAccrualFund |
| Nov 30, 2005 | $0.074 | DailyAccrualFund |
| Oct 31, 2005 | $0.075 | DailyAccrualFund |
| Sep 30, 2005 | $0.075 | DailyAccrualFund |
| Aug 31, 2005 | $0.075 | DailyAccrualFund |
| Jul 29, 2005 | $0.075 | DailyAccrualFund |
| Jun 30, 2005 | $0.074 | DailyAccrualFund |
| May 31, 2005 | $0.073 | DailyAccrualFund |
| Apr 29, 2005 | $0.072 | DailyAccrualFund |
| Mar 31, 2005 | $0.071 | DailyAccrualFund |
| Feb 28, 2005 | $0.073 | DailyAccrualFund |
| Jan 31, 2005 | $0.073 | DailyAccrualFund |
| Dec 31, 2004 | $0.074 | DailyAccrualFund |
| Nov 30, 2004 | $0.078 | DailyAccrualFund |
| Oct 29, 2004 | $0.080 | DailyAccrualFund |
| Sep 30, 2004 | $0.081 | DailyAccrualFund |
| Aug 31, 2004 | $0.080 | DailyAccrualFund |
| Jul 30, 2004 | $0.078 | DailyAccrualFund |
| Jun 30, 2004 | $0.079 | DailyAccrualFund |
| May 28, 2004 | $0.078 | DailyAccrualFund |
| Apr 30, 2004 | $0.078 | DailyAccrualFund |
| Mar 31, 2004 | $0.078 | DailyAccrualFund |
| Feb 27, 2004 | $0.078 | DailyAccrualFund |
| Jan 30, 2004 | $0.079 | DailyAccrualFund |
| Dec 31, 2003 | $0.080 | DailyAccrualFund |
| Nov 28, 2003 | $0.080 | DailyAccrualFund |
| Oct 31, 2003 | $0.078 | DailyAccrualFund |
| Sep 30, 2003 | $0.077 | DailyAccrualFund |
| Aug 29, 2003 | $0.075 | DailyAccrualFund |
| Jul 31, 2003 | $0.074 | DailyAccrualFund |
| Jun 30, 2003 | $0.075 | DailyAccrualFund |
| May 30, 2003 | $0.078 | DailyAccrualFund |
| Apr 30, 2003 | $0.076 | DailyAccrualFund |
| Mar 31, 2003 | $0.078 | DailyAccrualFund |
| Feb 28, 2003 | $0.076 | DailyAccrualFund |
| Jan 31, 2003 | $0.082 | DailyAccrualFund |
| Dec 31, 2002 | $0.080 | DailyAccrualFund |
| Nov 29, 2002 | $0.047 | DailyAccrualFund |
FIHBX - Fund Manager Analysis
Managers
Mark Durbiano
Start Date
Tenure
Tenure Rank
Nov 01, 2002
19.59
19.6%
Mr. Durbiano joined Federated in 1982 and has been a Senior Portfolio Manager and a Senior Vice President of Federated Investment Management Company since 1996. From 1988 through 1995, Mr. Durbiano was a Portfolio Manager and a Vice President of Federated. Mr. Durbiano has received the Chartered Financial Analyst designation and an M.B.A. in Finance from the University of Pittsburgh.
Steven Wagner
Start Date
Tenure
Tenure Rank
Dec 31, 2017
4.42
4.4%
Mr. Wagner joined Federated in 1997 as an analyst in the high yield area and has been Senior Investment Analyst and Vice President of Federated Investment Management Company since 2003. Mr. Wagner received his B.S. from Boston College and his M.B.A. in Finance from the University of Pittsburgh.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.13 | 37.79 | 7.16 | 2.92 |