ETF · holdings as of 2026-07-31
What's inside FIHLX? Federated Hermes Institutional High Yield Bond Fund
Holdings 460 positions in the fund
Expense ratio 0.49% net, per year
Fund size $5B total net assets Hold FIHLX alongside other funds? See your combined true holdings, overlap, and blended fees — free, no signup.
Unwrap your portfolio → Top 20 holdings Rank Logo Ticker / Name Weight 1 ?
— Cash & Money Market
2.32% 2 BOND
Ardonagh Group Finance 8.875% · Feb 2032
1.27% 3 BOND
Hub International 7.375% · Jan 2032
1.09% 4 BOND
Mcafee 7.375% · Feb 2030
0.95% 5 BOND
Medline Borrower 5.25% · Oct 2029
0.90% 6 BOND
Usi Inc/Ny 7.5% · Jan 2032
0.86% 7 BOND
Madison Iaq 5.875% · Jun 2029
0.81% 8 BOND
Tallgrass Nrg Prtnr/Fin 6.75% · Mar 2034
0.81% 9 BOND
Beach Acquisition Bidco 10% · Jul 2033
0.77% 10 BOND
Ukg 6.875% · Feb 2031
0.77% 11 BOND
Crc Insurance Group 7.125% · Jun 2031
0.71% 12 BOND
Clariv Sci Hld 4.875% · Jul 2029
0.70% 13 BOND
Clarios Global Lp/US Fin 6.75% · Sep 2032
0.69% 14 BOND
1011778 Bc / New Red Fin 4% · Oct 2030
0.66% 15 BOND
Froneri Lux Finco Sarl 6% · Aug 2032
0.65% 16 BOND
Broadstreet Partners Grp 5.875% · Apr 2029
0.64% 17 BOND
Amwins Group 4.875% · Jun 2029
0.62% 18 BOND
Antero Midstream Part/Fi 5.75% · Jan 2028
0.60% 19 BOND
Cloud Software Grp 9% · Sep 2029
0.60% 20 BOND
1261229 Bc 10% · Apr 2032
0.59%
Show more (20 more)
Sectors tap a row to see its top 10 holdings
› 1 Bonds & Fixed Income 97.5% › › › Top holdings — Bonds & Fixed Income
Your 10 largest positions in this sector
1
BOND
Ardonagh Group Finance 8.875% · Feb 2032
1.27% 2
BOND
Hub International 7.375% · Jan 2032
1.09% 3
BOND
Mcafee 7.375% · Feb 2030
0.95% 4
BOND
Medline Borrower 5.25% · Oct 2029
0.90% 5
BOND
Usi Inc/Ny 7.5% · Jan 2032
0.86% 6
BOND
Madison Iaq 5.875% · Jun 2029
0.81% 7
BOND
Tallgrass Nrg Prtnr/Fin 6.75% · Mar 2034
0.81% 8
BOND
Beach Acquisition Bidco 10% · Jul 2033
0.77% 9
BOND
Ukg 6.875% · Feb 2031
0.77% 10
BOND
Crc Insurance Group 7.125% · Jun 2031
0.71% Geography tap a row to see its top 10 holdings
Top holdings — United States
Your 10 largest positions in this country
1
BOND
Ardonagh Group Finance 8.875% · Feb 2032
1.27% 2
BOND
Hub International 7.375% · Jan 2032
1.09% 3
BOND
Mcafee 7.375% · Feb 2030
0.95% 4
BOND
Medline Borrower 5.25% · Oct 2029
0.90% 5
BOND
Usi Inc/Ny 7.5% · Jan 2032
0.86% 6
BOND
Madison Iaq 5.875% · Jun 2029
0.81% 7
BOND
Tallgrass Nrg Prtnr/Fin 6.75% · Mar 2034
0.81% 8
BOND
Beach Acquisition Bidco 10% · Jul 2033
0.77% 9
BOND
Ukg 6.875% · Feb 2031
0.77% 10
BOND
Crc Insurance Group 7.125% · Jun 2031
0.71% Geography reflects each issuer's registered business address per SEC EDGAR filings where available, falling back to the exchange or listing where no SEC filing exists — not necessarily where a company's stock is primarily listed (e.g. TSMC is classified as Taiwan even though its ADR trades on the NYSE).
Data source: official SEC Form N-PORT filings (as of 2026-07-31); expense ratio from SEC prospectus (risk/return) filings. Fund holdings are disclosed quarterly and may reflect a 60-day reporting delay.