Federated Hermes Corporate Bond Fund maintains its Above Average Ratings for People and Process. The team managing the strategy has plenty of experience. Brian Ruffner and Bryan Dingle, who manage the investment-grade sleeve, are veterans of Federated Hermes, and Mark Durbiano, who manages the high-yield portion, even more so, having started at the firm in 1982.
Federated Hermes Corporate Bond R6 FDBLX
- NAV / 1-Day Return 8.29 / 0.00
- Total Assets 1.1 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.590%
- Distribution Fee Level High
- Share Class Type Retirement, Large
- Category Corporate Bond
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Min. Initial Investment —
- Status Open
- TTM Yield 3.86%
- Effective Duration 5.90 years
USD | NAV as of Jul 23, 2024 | 1-Day Return as of Jul 23, 2024, 10:14 PM GMT+0
Morningstar’s Analysis FDBLX
Will FDBLX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 15.3
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
High Yield Bond Portfolio | 8.24 | 93.7 Mil | — |
Federated Hermes Inst Prime Val Obl IS | 5.43 | 61.7 Mil | Cash and Equivalents |
United States Treasury Notes 4.125% | 3.06 | 34.8 Mil | Government |
United States Treasury Bonds 4.75% | 0.85 | 9.6 Mil | Government |
Honeywell International Inc. 5% | 0.71 | 8.1 Mil | Corporate |
Johnson & Johnson 1.3% | 0.71 | 8.1 Mil | Corporate |
JPMorgan Chase & Co. 3.875% | 0.65 | 7.4 Mil | Corporate |
JPMorgan Chase & Co. 5.012% | 0.65 | 7.4 Mil | Corporate |
Goldman Sachs Group, Inc. 3.814% | 0.64 | 7.3 Mil | Corporate |
The Bank of New York Mellon Corp. 3.992% | 0.63 | 7.2 Mil | Corporate |