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Federated Hermes Institutional High Yield Bond Fund Institutional Shares: (MF: FIHBX)

(NASDAQ Mutual Funds) As of May 15, 2026 05:25 PM ET

$8.87 USD

-0.04 (-0.45%)

Zacks MF Rank

This is our Mutual Fund rating system that serves as a timeliness indicator for Mutual Fund's over the next 6 months:

Zacks Rank Definition
1 Strong Buy
2 Buy
3 Hold
4 Sell
5 Strong Sell

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5-Strong Sell of 5         5

View All Zacks Mutual Fund Rank #1's

Latest Performance as of Apr 30, 2026

Total Return %* Percentile Rank Objective
YTD 0.76 67
3 months 0.66 47
6 months 1.60 73
1 Year 6.98 70
3 Year 7.70 58
5 Year 3.60 64
10 Year 5.14 32

* Annual for three years and beyond.

Bull Market (9/02 - 10/07) NA
Bear Market (10/07 - 2/09) -20.52
Bull Market (2/09 - 3/21) 272.21

Load Adjusted Returns as of Apr 30, 2026

1 Year 5.88
5 Year 3.45
10 Year 5.29
Since Inception 6.71

Quarterly Return

1st Qtr. 2nd Qtr. 3rd Qtr. 4th Qtr.
2026 -0.84 NA NA NA
2025 0.95 3.83 1.82 1.01
2024 0.85 0.91 4.84 -0.31
2023 3.50 1.51 0.78 6.82
2022 -4.15 -9.89 -1.50 4.17
2021 0.77 2.60 0.75 0.58

Annual Return

20262025202420232022202120202019201820172016
% Total Return 0.767.816.3613.12-11.394.795.5214.97-2.837.1615.09
% Total Return Rel to Index -0.35-0.89-1.81-0.33-0.21-0.49-1.600.66-0.75-0.34-2.05
% Total Return Rel to Peer -0.390.56-1.061.70-2.390.190.693.27-0.291.673.39
% Perf Quintile vs Peer* 4.003.005.001.004.003.002.001.003.002.001.00
% Dividends 0.170.500.520.520.500.500.470.570.570.550.56
% Yield 5.505.285.605.395.684.814.455.455.885.235.41
Capital Gains ($) 0.000.000.000.000.000.000.000.000.000.000.00
Expense Ratio 0.000.490.490.490.490.490.490.490.490.490.49

* 1 = Top 20%, 5 = Bottom 20%