Federated Hermes Institutional High Yield Bond Fund Institutional Shares (FIHBX) NASDAQ

Currency In USD

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Federated Hermes Institutional High Yield Bond Fund Institutional Shares

Address

Pittsburgh, PA 15222-3779

Pittsburgh, PA 15222-3779

United States of America (the)

Phone

N/A

Sector

Financial Services

Industry

Asset Management - Bonds

Employees

N/A

First IPO Date

November 04, 2002

Key Executives

N/A
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Description

This fund primarily allocates its capital to a diversified array of corporate debt instruments characterized by higher yields and greater risk, commonly referred to as "junk bonds." These securities may originate from companies based in the United States or internationally, encompassing those from developing economies. The investment advisor places no specific limitations on the maturity spectrum of the fund's holdings. Furthermore, the fund is permitted to employ derivative contracts, such as futures, options, and swap agreements, to execute its investment objectives.

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