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Federated Hermes Opportunistic High Yield Bond Fund - Ss Shares: (MF: FHYTX)
(NASDAQ Mutual Funds) As of May 3, 2024 08:00 PM ET
$6.24 USD
+0.03 (0.48%)
Zacks MF Rank
2-Buy of 5 2
Fund Description
The fund was incepted in August 1984 and is managed by Federated Investment Management Company. The fund's investment objective is to seek high current income by investing primarily in a professionally managed, diversified portfolio of fixed income securities. The fund invests primarily in a diversified portfolio of high yield, lower-rated corporate bonds (also known as 'junk bonds'). The fund selects securities seeking high yields, low relative credit risk and high portfolio diversification. The fund offers dividends monthly and capital gains annually.
Load Information
| Ticker | Max Load % |
Deferred Load % |
Red. Fee % |
12B-1 Fee % |
Mgmt Fee % |
Expense Ratio % |
|
|---|---|---|---|---|---|---|---|
| Federated Hermes Opportun HY Bd Svc | FHYTX | NA | NA | 0.00 | 0.00 | 0.60 | 0.97 |
Return Data
| Ticker | Nav | Inception Date | % yield | 1 year return | 2 year return | 3 year return | |
|---|---|---|---|---|---|---|---|
| Federated High Yield Trust Svc | FHYTX | 6.24 | 8/23/1984 | 0.99 | 10.83 | 1.82 | 4.28 |
Investment Information
| Ticker | Minimum Initial Investment ($) | Minimum Subsequent Investment ($) | Minimum Initial IRA ($) | Dividend Frequency | |
|---|---|---|---|---|---|
| Federated Hermes Opportun HY Bd Svc | FHYTX | 1000000 | 0 | 0 | M |
Contact Information
| Family | Federated |
| Address | 1001 Liberty Ave. Pittsburgh, PA 15222 |
| Phone | 800 341-7400 |