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Federated Hermes Instl High Yield Bd IS FIHBX Fund Analysis

| Analyst rating as of | See Federated Investment Hub

Morningstar’s Analysis FIHBX

Will FIHBX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

A distinctive philosophy well-executed.

Associate Director

Summary

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Federated Institutional High Yield Bond Fund’s strengths—a thoughtful process, long-tenured manager and experienced team—earn both of its share classes a Morningstar Analyst Rating of Silver.

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