Federated Hermes Institutional High Yield Bond Fund Institutional Shares (FIHBX) NASDAQ
Currency In USD
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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
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.