Fixed-income assets under management as of 3/31/23

Average industry experience of our portfolio managers

Managing fixed income

Investment professionals

A multi-sector fund for clients seeking a portfolio with broad fixed-income market exposure that can serve as a core-plus holding through all market cycles.

Total Return Bond Fund

Explore our timely fixed-income strategies

DISCLOSURES Past performance is no guarantee of future results. Mutual funds are subject to risks and fluctuate in value. High-yield, lower-rated securities generally entail greater market, credit/default and liquidity risks and may be more volatile than investment-grade securities. Duration is a measure of a security’s price sensitivity to changes in interest rates. Securities with longer durations are more sensitive to changes in interest rates than securities of shorter durations. Alpha measures the excess returns of a fund relative to the return of a benchmark index. Yield Curve: Graph showing the comparative yields of securities in a particular class according to maturity. Securities on the long end of the yield curve have longer maturities. International investing involves special risks including currency risk, increased volatility, political risks, and differences in auditing and other financial standards. Prices of emerging-market and frontier-market securities can be significantly more volatile than the prices of securities in developed countries, and currency risk and political risks are accentuated in emerging markets. There is no guarantee that considering ESG risks will be a successful investment approach. Diversification does not assure a profit nor protect against loss. Investors should carefully consider the fund's investment objectives, risks, charges and expenses before investing. To obtain a summary prospectus or prospectus containing this and other information, contact us or view the prospectus provided on this website. Please carefully read the summary prospectus or prospectus before investing. Not FDIC Insured May Lose Value No Bank Guarantee Federated Securities Corp., Distributor 21-30391 (9/21)

years

billion

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An option for clients seeking a multisector fixed-income portfolio with high income potential and broad flexibility.

Strategic Income Fund

We seek to fully evaluate the risks and opportunities of fixed-income securities, including environmental, social and governance (ESG) considerations that incorporate proprietary insights from EOS at Federated Hermes, our corporate engagement division.

Investing responsibly

Our approach to fixed-income investing has generated competitive performance and has weathered all types of market cycles.

Delivering over market cycles

More than 50 years

View of mountains with stream running through

Our experience

ESG CONSIDERATIONS

Subject-matter experts on a wide range of topics, including human capital management, sustainable supply chains and corporate governance.

See all Federated Hermes' fixed-income investment options

A leader in active fixed-income investing

Federated Hermes offers active fixed-income options designed to meet a range of investor needs, including total return, income generation and capital preservation.

Serves as a core institutional high-yield bond fund that provides exposure to the higher-yielding, lower-rated, corporate bond market.

Institutional High Yield Bond Fund

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Dedicated to key elements of fixed-income investing: duration, yield-curve positioning, sector allocation and currency.

Our investment processes incorporate insights from Federated Hermes’ Alpha Pods, investment teams that operate independently from one another to ensure that diverse viewpoints are considered.

Incorporating a proprietary framework

ACTIVE MANAGEMENT

Our value-oriented, fundamental process combines a focus on diversification and risk management.

Deployed across the spectrum of sectors, including U.S. and international developed markets, government and corporate bonds, municipals, emerging market debt and trade finance.

Our portfolio managers average more than 28 years in the investment industry and, importantly, more than 24 years at Federated Hermes.

Leveraging skill, experience and breadth

70+ fixed-income investment professionals

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Environmental, Social and Governance

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Environmental, Social and Governance

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Incorporated

Security Policy

Fund Governance

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Connect With Us

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Incorporated

Security Policy

Fund Governance

Site Map