Share
Class | Ticker |
A | FDBAX |
C | FDBCX |
F | ISHIX |
Institutional | FDBIX |
R6 | FDBLX |
|
|
A |
C |
F |
IS |
R6 |
Maximum
Sales Charge |
|
|
|
|
|
Maximum
Sales Charge (Load) Imposed on Purchases (as a percentage of offering
price) |
|
|
|
|
|
Maximum
Deferred Sales Charge (Load) (as a percentage of original purchase price
or redemption proceeds,
as
applicable) |
|
|
|
|
|
Maximum
Sales Charge (Load) Imposed on Reinvested Dividends (and other
Distributions)
(as a
percentage of offering price) |
|
|
|
|
|
Redemption
Fee (as a percentage of amount redeemed, if
applicable) |
|
||||
Exchange
Fee |
|
|
|
|
|
|
A |
C |
F |
IS |
R6 |
Management
Fee |
|
|
|
|
|
Distribution
(12b-1) Fee |
|
|
|
|
|
Other
Expenses |
|
|
|
|
|
Acquired
Fund Fees and Expenses |
|
|
|
|
|
Total
Annual Fund Operating Expenses |
|
|
|
|
|
Fee
Waivers and/or Expense Reimbursements2 |
( |
( |
( |
( |
( |
Total
Annual Fund Operating Expenses After Fee Waivers and/or Expense
Reimbursements |
|
|
|
|
|
Share
Class |
1
Year |
3
Years |
5
Years |
10
Years |
A: |
|
|
|
|
Expenses
assuming redemption |
$548 |
$757 |
$983 |
$1,631 |
Expenses
assuming no redemption |
$548 |
$757 |
$983 |
$1,631 |
C: |
|
|
|
|
Expenses
assuming redemption |
$277 |
$548 |
$944 |
$1,859 |
Expenses
assuming no redemption |
$177 |
$548 |
$944 |
$1,859 |
F: |
|
|
|
|
Expenses
assuming redemption |
$300 |
$512 |
$642 |
$1,301 |
Expenses
assuming no redemption |
$200 |
$412 |
$642 |
$1,301 |
IS: |
|
|
|
|
Expenses
assuming redemption |
$78 |
$243 |
$422 |
$942 |
Expenses
assuming no redemption |
$78 |
$243 |
$422 |
$942 |
R6: |
|
|
|
|
Expenses
assuming redemption |
$67 |
$211 |
$368 |
$822 |
Expenses
assuming no redemption |
$67 |
$211 |
$368 |
$822 |
Share
Class |
1
Year |
5
Years |
10
Years |
A: |
|
|
|
Return
Before Taxes |
|
|
|
Return
After Taxes on Distributions |
|
|
|
Return
After Taxes on Distributions and Sale of Fund Shares |
|
|
|
C: |
|
|
|
Return
Before Taxes |
|
|
|
F: |
|
|
|
Return
Before Taxes |
|
|
|
IS: |
|
|
|
Return
Before Taxes |
|
|
|
R6: |
|
|
|
Return
Before Taxes |
|
|
|
Bloomberg
US Credit Index1
(reflects
no deduction for fees, expenses or taxes) |
|
|
|
Blended
Index2
(reflects
no deduction for fees, expenses or taxes) |
|
|
|
Lipper
Corporate Debt Funds BBB-Rated Average3 |
|
|
|
|
Minimum
Initial/Subsequent
Investment
Amounts1
|
Maximum
Sales Charges | |
Shares
Offered |
Front-End
Sales
Charge2
|
Contingent
Deferred
Sales
Charge3
| |
A |
$1,500/$100 |
4.50% |
0.00% |
C |
$1,500/$100 |
None |
1.00% |
F |
$1,500/$100 |
1.00% |
1.00% |
A: | ||
Purchase
Amount |
Sales
Charge
as a
Percentage
of
Public
Offering
Price |
Sales
Charge
as a
Percentage
of Net
Amount Invested |
Less
than $100,000 |
4.50% |
4.71% |
$100,000
but less than $250,000 |
3.75% |
3.90% |
$250,000
but less than $500,000 |
2.50% |
2.56% |
$500,000
but less than $1 million |
2.00% |
2.04% |
$1
million or greater1
|
0.00% |
0.00% |
F: | ||||
Purchase
Amount |
|
Sales
Charge
as a
Percentage
of
Public
Offering
Price |
|
Sales
Charge
as a
Percentage
of
NAV |
Less
than $1 million |
|
1.00% |
|
1.01% |
$1
million or greater |
|
0.00% |
|
0.00% |
A: |
|
|
If you
make a purchase of the A class in the amount of $1 million or more and
your financial intermediary received an advance commission on the sale,
you will
pay a
0.75% CDSC on any such Shares redeemed within 24 months of the
purchase. | ||
C: |
|
|
You
will pay a 1.00% CDSC if you redeem Shares within 12 months of the
purchase date. | ||
F: |
|
|
Purchase
Amount |
Shares
Held |
CDSC |
Up to
$2 million |
4
years or less |
1.00% |
$2
million but less than $5 million |
2
years or less |
0.50% |
$5
million or more |
1 year
or less |
0.25% |
A: |
|
Purchase
Amount |
Dealer
Reallowance
as a
Percentage of
Public
Offering Price |
Less
than $100,000 |
4.00% |
$100,000
but less than $250,000 |
3.25% |
$250,000
but less than $500,000 |
2.25% |
$500,000
but less than $1 million |
1.80% |
$1
million or greater |
0.00% |
F: |
|
Less
than $1 million |
1.00% |
$1
million or greater |
0.00% |
A
(for purchases over $1 million): |
|
Purchase
Amount |
Advance
Commission
as a
Percentage of
Public
Offering Price |
First
$1 million - $5 million |
0.75% |
Next
$5 million - $20 million |
0.50% |
Over
$20 million |
0.25% |
C: |
|
|
Advance
Commission
as a
Percentage of
Public
Offering Price |
All
Purchase Amounts |
1.00% |
F: |
|
Purchase
Amount |
Advance
Commission
as a
Percentage of
Public
Offering Price |
Less
than $2 million |
1.00% |
$2
million but less than $5 million |
0.50% |
$5
million or greater |
0.25% |
|
Year
Ended November 30, | ||||
|
2023 |
2022 |
2021 |
2020 |
2019 |
Net
Asset Value, Beginning of Period |
$8.09 |
$9.71 |
$9.98 |
$9.50 |
$8.70 |
Income
From Investment Operations: |
|
|
|
|
|
Net
investment income (loss)1 |
0.28 |
0.29 |
0.30 |
0.32 |
0.34 |
Net
realized and unrealized gain (loss) |
(0.02) |
(1.61) |
(0.26) |
0.48 |
0.81 |
Total
From Investment Operations |
0.26 |
(1.32) |
0.04 |
0.80 |
1.15 |
Less
Distributions: |
|
|
|
|
|
Distributions
from net investment income |
(0.29) |
(0.30) |
(0.31) |
(0.32) |
(0.35) |
Net
Asset Value, End of Period |
$8.06 |
$8.09 |
$9.71 |
$9.98 |
$9.50 |
Total
Return2 |
3.28% |
(13.76)% |
0.41% |
8.65% |
13.43% |
Ratios
to Average Net Assets: |
|
|
|
|
|
Net
expenses3
|
0.85% |
0.85% |
0.85% |
0.85% |
0.85% |
Net
investment income |
3.42% |
3.30% |
3.02% |
3.32% |
3.73% |
Expense
waiver/reimbursement4 |
0.15% |
0.14% |
0.12% |
0.13% |
0.14% |
Supplemental
Data: |
|
|
|
|
|
Net
assets, end of period (000 omitted) |
$255,852 |
$283,573 |
$403,132 |
$438,296 |
$401,690 |
Portfolio
turnover5 |
4% |
23% |
13% |
17% |
18% |
1 |
Per
share numbers have been calculated using the average shares
method. |
2 |
Based
on net asset value, which does not reflect the sales charge, redemption
fee or contingent deferred sales charge, if
applicable. |
3 |
Amount
does not reflect net expenses incurred by investment companies in which
the Fund may invest. |
4 |
This
expense decrease is reflected in both the net expense and the net
investment income ratios shown above. Amount does not reflect expense
waiver/
reimbursement
recorded by investment companies in which the Fund may
invest. |
5 |
Securities
that mature are considered sales for purposes of this
calculation. |
|
Year
Ended November 30, | ||||
|
2023 |
2022 |
2021 |
2020 |
2019 |
Net
Asset Value, Beginning of Period |
$8.16 |
$9.78 |
$10.05 |
$9.56 |
$8.76 |
Income
From Investment Operations: |
|
|
|
|
|
Net
investment income (loss)1 |
0.22 |
0.22 |
0.22 |
0.24 |
0.27 |
Net
realized and unrealized gain (loss) |
(0.02) |
(1.62) |
(0.26) |
0.49 |
0.80 |
Total
From Investment Operations |
0.20 |
(1.40) |
(0.04) |
0.73 |
1.07 |
Less
Distributions: |
|
|
|
|
|
Distributions
from net investment income |
(0.22) |
(0.22) |
(0.23) |
(0.24) |
(0.27) |
Net
Asset Value, End of Period |
$8.14 |
$8.16 |
$9.78 |
$10.05 |
$9.56 |
Total
Return2 |
2.53% |
(14.37)% |
(0.42)% |
7.81% |
12.41% |
Ratios
to Average Net Assets: |
|
|
|
|
|
Net
expenses3 |
1.66% |
1.67% |
1.67% |
1.67% |
1.66% |
Net
investment income |
2.70% |
2.48% |
2.21% |
2.51% |
2.94% |
Expense
waiver/reimbursement4 |
0.07% |
0.06% |
0.05% |
0.06% |
0.07% |
Supplemental
Data: |
|
|
|
|
|
Net
assets, end of period (000 omitted) |
$14,118 |
$19,167 |
$31,524 |
$47,820 |
$47,337 |
Portfolio
turnover5 |
4% |
23% |
13% |
17% |
18% |
1 |
Per
share numbers have been calculated using the average shares
method. |
2 |
Based
on net asset value, which does not reflect the sales charge, redemption
fee or contingent deferred sales charge, if
applicable. |
3 |
Amount
does not reflect net expenses incurred by investment companies in which
the Fund may invest. |
4 |
This
expense decrease is reflected in both the net expense and the net
investment income ratios shown above. Amount does not reflect expense
waiver/
reimbursement
recorded by investment companies in which the Fund may
invest. |
5 |
Securities
that mature are considered sales for purposes of this
calculation. |
|
Year
Ended November 30, | ||||
|
2023 |
2022 |
2021 |
2020 |
2019 |
Net
Asset Value, Beginning of Period |
$8.17 |
$9.80 |
$10.07 |
$9.58 |
$8.77 |
Income
From Investment Operations: |
|
|
|
|
|
Net
investment income (loss)1 |
0.29 |
0.29 |
0.30 |
0.32 |
0.35 |
Net
realized and unrealized gain (loss) |
(0.02) |
(1.62) |
(0.26) |
0.49 |
0.81 |
Total
From Investment Operations |
0.27 |
(1.33) |
0.04 |
0.81 |
1.16 |
Less
Distributions: |
|
|
|
|
|
Distributions
from net investment income |
(0.29) |
(0.30) |
(0.31) |
(0.32) |
(0.35) |
Net
Asset Value, End of Period |
$8.15 |
$8.17 |
$9.80 |
$10.07 |
$9.58 |
Total
Return2 |
3.37% |
(13.74)% |
0.41% |
8.68% |
13.44% |
Ratios
to Average Net Assets: |
|
|
|
|
|
Net
expenses3
|
0.85% |
0.85% |
0.85% |
0.85% |
0.85% |
Net
investment income |
3.53% |
3.29% |
3.02% |
3.33% |
3.74% |
Expense
waiver/reimbursement4 |
0.13% |
0.11% |
0.09% |
0.11% |
0.11% |
Supplemental
Data: |
|
|
|
|
|
Net
assets, end of period (000 omitted) |
$62,398 |
$76,873 |
$127,519 |
$138,694 |
$134,534 |
Portfolio
turnover5 |
4% |
23% |
13% |
17% |
18% |
1 |
Per
share numbers have been calculated using the average shares
method. |
2 |
Based
on net asset value, which does not reflect the sales charge, redemption
fee or contingent deferred sales charge, if
applicable. |
3 |
Amount
does not reflect net expenses incurred by investment companies in which
the Fund may invest. |
4 |
This
expense decrease is reflected in both the net expense and the net
investment income ratios shown above. Amount does not reflect expense
waiver/
reimbursement
recorded by investment companies in which the Fund may
invest. |
5 |
Securities
that mature are considered sales for purposes of this
calculation. |
|
Year
Ended November 30, | ||||
|
2023 |
2022 |
2021 |
2020 |
2019 |
Net
Asset Value, Beginning of Period |
$8.09 |
$9.71 |
$9.98 |
$9.50 |
$8.70 |
Income
From Investment Operations: |
|
|
|
|
|
Net
investment income (loss)1 |
0.31 |
0.31 |
0.32 |
0.34 |
0.37 |
Net
realized and unrealized gain (loss) |
(0.02) |
(1.61) |
(0.26) |
0.49 |
0.80 |
Total
From Investment Operations |
0.29 |
(1.30) |
0.06 |
0.83 |
1.17 |
Less
Distributions: |
|
|
|
|
|
Distributions
from net investment income |
(0.31) |
(0.32) |
(0.33) |
(0.35) |
(0.37) |
Net
Asset Value, End of Period |
$8.07 |
$8.09 |
$9.71 |
$9.98 |
$9.50 |
Total
Return2 |
3.66% |
(13.55)% |
0.66% |
8.92% |
13.72% |
Ratios
to Average Net Assets: |
|
|
|
|
|
Net
expenses3
|
0.60% |
0.60% |
0.60% |
0.60% |
0.60% |
Net
investment income |
3.82% |
3.55% |
3.27% |
3.56% |
3.98% |
Expense
waiver/reimbursement4 |
0.14% |
0.13% |
0.12% |
0.13% |
0.14% |
Supplemental
Data: |
|
|
|
|
|
Net
assets, end of period (000 omitted) |
$700,578 |
$569,876 |
$795,317 |
$890,497 |
$733,626 |
Portfolio
turnover5 |
4% |
23% |
13% |
17% |
18% |
1 |
Per
share numbers have been calculated using the average shares
method. |
2 |
Based
on net asset value. |
3 |
Amount
does not reflect net expenses incurred by investment companies in which
the Fund may invest. |
4 |
This
expense decrease is reflected in both the net expense and the net
investment income ratios shown above. Amount does not reflect expense
waiver/
reimbursement
recorded by investment companies in which the Fund may
invest. |
5 |
Securities
that mature are considered sales for purposes of this
calculation. |
|
Year
Ended November 30, | ||||
|
2023 |
2022 |
2021 |
2020 |
2019 |
Net
Asset Value, Beginning of Period |
$8.11 |
$9.72 |
$9.99 |
$9.51 |
$8.71 |
Income
From Investment Operations: |
|
|
|
|
|
Net
investment income (loss)1 |
0.31 |
0.31 |
0.32 |
0.35 |
0.37 |
Net
realized and unrealized gain (loss) |
(0.03) |
(1.60) |
(0.26) |
0.48 |
0.80 |
Total
From Investment Operations |
0.28 |
(1.29) |
0.06 |
0.83 |
1.17 |
Less
Distributions: |
|
|
|
|
|
Distributions
from net investment income |
(0.31) |
(0.32) |
(0.33) |
(0.35) |
(0.37) |
Net
Asset Value, End of Period |
$8.08 |
$8.11 |
$9.72 |
$9.99 |
$9.51 |
Total
Return2 |
3.55% |
(13.41)% |
0.68% |
8.93% |
13.72% |
Ratios
to Average Net Assets: |
|
|
|
|
|
Net
expenses3
|
0.58% |
0.58% |
0.58% |
0.58% |
0.58% |
Net
investment income |
3.79% |
3.56% |
3.29% |
3.60% |
3.99% |
Expense
waiver/reimbursement4 |
0.07% |
0.06% |
0.05% |
0.06% |
0.07% |
Supplemental
Data: |
|
|
|
|
|
Net
assets, end of period (000 omitted) |
$63,648 |
$52,350 |
$81,121 |
$68,232 |
$96,838 |
Portfolio
turnover5 |
4% |
23% |
13% |
17% |
18% |
1 |
Per
share numbers have been calculated using the average shares
method. |
2 |
Based
on net asset value. |
3 |
Amount
does not reflect net expenses incurred by investment companies in which
the Fund may invest. |
4 |
This
expense decrease is reflected in both the net expense and the net
investment income ratios shown above. Amount does not reflect expense
waiver/
reimbursement
recorded by investment companies in which the Fund may
invest. |
5 |
Securities
that mature are considered sales for purposes of this
calculation. |
FEDERATED
HERMES CORPORATE BOND FUND - A CLASS | |||||
ANNUAL
EXPENSE RATIO: 1.01% | |||||
MAXIMUM
FRONT-END SALES CHARGE: 4.50% | |||||
Year |
Hypothetical
Beginning
Investment |
Hypothetical
Performance
Earnings |
Investment
After
Returns |
Hypothetical
Expenses |
Hypothetical
Ending
Investment |
1 |
$10,000.00 |
$477.50 |
$10,027.50 |
$548.38 |
$9,931.05 |
2 |
$9,931.05 |
$496.55 |
$10,427.60 |
$102.30 |
$10,327.30 |
3 |
$10,327.30 |
$516.37 |
$10,843.67 |
$106.39 |
$10,739.36 |
4 |
$10,739.36 |
$536.97 |
$11,276.33 |
$110.63 |
$11,167.86 |
5 |
$11,167.86 |
$558.39 |
$11,726.25 |
$115.05 |
$11,613.46 |
6 |
$11,613.46 |
$580.67 |
$12,194.13 |
$119.64 |
$12,076.84 |
7 |
$12,076.84 |
$603.84 |
$12,680.68 |
$124.41 |
$12,558.71 |
8 |
$12,558.71 |
$627.94 |
$13,186.65 |
$129.37 |
$13,059.80 |
9 |
$13,059.80 |
$652.99 |
$13,712.79 |
$134.54 |
$13,580.89 |
10 |
$13,580.89 |
$679.04 |
$14,259.93 |
$139.90 |
$14,122.77 |
Cumulative |
|
$5,730.26 |
|
$1,630.61 |
|
FEDERATED
HERMES CORPORATE BOND FUND - C CLASS | |||||
ANNUAL
EXPENSE RATIO: 1.74% | |||||
MAXIMUM
FRONT-END SALES CHARGE: NONE | |||||
Year |
Hypothetical
Beginning
Investment |
Hypothetical
Performance
Earnings |
Investment
After
Returns |
Hypothetical
Expenses |
Hypothetical
Ending
Investment |
1 |
$10,000.00 |
$500.00 |
$10,500.00 |
$176.84 |
$10,326.00 |
2 |
$10,326.00 |
$516.30 |
$10,842.30 |
$182.60 |
$10,662.63 |
3 |
$10,662.63 |
$533.13 |
$11,195.76 |
$188.55 |
$11,010.23 |
4 |
$11,010.23 |
$550.51 |
$11,560.74 |
$194.70 |
$11,369.16 |
5 |
$11,369.16 |
$568.46 |
$11,937.62 |
$201.05 |
$11,739.79 |
6 |
$11,739.79 |
$586.99 |
$12,326.78 |
$207.60 |
$12,122.51 |
7 |
$12,122.51 |
$606.13 |
$12,728.64 |
$214.37 |
$12,517.70 |
8 |
$12,517.70 |
$625.89 |
$13,143.59 |
$221.36 |
$12,925.78 |
Converts
from Class C to Class A |
|
|
|
Annual
Expense Ratio: 1.01% | |
9 |
$12,925.78 |
$646.29 |
$13,572.07 |
$133.15 |
$13,441.52 |
10 |
$13,441.52 |
$672.08 |
$14,113.60 |
$138.47 |
$13,977.84 |
Cumulative |
|
$5,805.78 |
|
$1,858.69 |
|
FEDERATED
HERMES CORPORATE BOND FUND - F CLASS | |||||
ANNUAL
EXPENSE RATIO: 0.99% | |||||
MAXIMUM
FRONT-END SALES CHARGE: 1.00% | |||||
Year |
Hypothetical
Beginning
Investment |
Hypothetical
Performance
Earnings |
Investment
After
Returns |
Hypothetical
Expenses |
Hypothetical
Ending
Investment |
1 |
$10,000.00 |
$495.00 |
$10,395.00 |
$199.98 |
$10,296.99 |
2 |
$10,296.99 |
$514.85 |
$10,811.84 |
$103.98 |
$10,709.90 |
3 |
$10,709.90 |
$535.50 |
$11,245.40 |
$108.15 |
$11,139.37 |
4 |
$11,139.37 |
$556.97 |
$11,696.34 |
$112.49 |
$11,586.06 |
5 |
$11,586.06 |
$579.30 |
$12,165.36 |
$117.00 |
$12,050.66 |
6 |
$12,050.66 |
$602.53 |
$12,653.19 |
$121.69 |
$12,533.89 |
7 |
$12,533.89 |
$626.69 |
$13,160.58 |
$126.57 |
$13,036.50 |
8 |
$13,036.50 |
$651.83 |
$13,688.33 |
$131.65 |
$13,559.26 |
9 |
$13,559.26 |
$677.96 |
$14,237.22 |
$136.93 |
$14,102.99 |
10 |
$14,102.99 |
$705.15 |
$14,808.14 |
$142.42 |
$14,668.52 |
Cumulative |
|
$5,945.78 |
|
$1,300.86 |
|
FEDERATED
HERMES CORPORATE BOND FUND - IS CLASS | |||||
ANNUAL
EXPENSE RATIO: 0.76% | |||||
MAXIMUM
FRONT-END SALES CHARGE: NONE | |||||
Year |
Hypothetical
Beginning
Investment |
Hypothetical
Performance
Earnings |
Investment
After
Returns |
Hypothetical
Expenses |
Hypothetical
Ending
Investment |
1 |
$10,000.00 |
$500.00 |
$10,500.00 |
$77.61 |
$10,424.00 |
2 |
$10,424.00 |
$521.20 |
$10,945.20 |
$80.90 |
$10,865.98 |
3 |
$10,865.98 |
$543.30 |
$11,409.28 |
$84.33 |
$11,326.70 |
4 |
$11,326.70 |
$566.34 |
$11,893.04 |
$87.91 |
$11,806.95 |
5 |
$11,806.95 |
$590.35 |
$12,397.30 |
$91.64 |
$12,307.56 |
6 |
$12,307.56 |
$615.38 |
$12,922.94 |
$95.52 |
$12,829.40 |
7 |
$12,829.40 |
$641.47 |
$13,470.87 |
$99.57 |
$13,373.37 |
8 |
$13,373.37 |
$668.67 |
$14,042.04 |
$103.79 |
$13,940.40 |
9 |
$13,940.40 |
$697.02 |
$14,637.42 |
$108.19 |
$14,531.47 |
10 |
$14,531.47 |
$726.57 |
$15,258.04 |
$112.78 |
$15,147.60 |
Cumulative |
|
$6,070.30 |
|
$942.24 |
|
FEDERATED
HERMES CORPORATE BOND FUND - R6 CLASS | |||||
ANNUAL
EXPENSE RATIO: 0.66% | |||||
MAXIMUM
FRONT-END SALES CHARGE: NONE | |||||
Year |
Hypothetical
Beginning
Investment |
Hypothetical
Performance
Earnings |
Investment
After
Returns |
Hypothetical
Expenses |
Hypothetical
Ending
Investment |
1 |
$10,000.00 |
$500.00 |
$10,500.00 |
$67.43 |
$10,434.00 |
2 |
$10,434.00 |
$521.70 |
$10,955.70 |
$70.36 |
$10,886.84 |
3 |
$10,886.84 |
$544.34 |
$11,431.18 |
$73.41 |
$11,359.33 |
4 |
$11,359.33 |
$567.97 |
$11,927.30 |
$76.60 |
$11,852.32 |
5 |
$11,852.32 |
$592.62 |
$12,444.94 |
$79.92 |
$12,366.71 |
6 |
$12,366.71 |
$618.34 |
$12,985.05 |
$83.39 |
$12,903.43 |
7 |
$12,903.43 |
$645.17 |
$13,548.60 |
$87.01 |
$13,463.44 |
8 |
$13,463.44 |
$673.17 |
$14,136.61 |
$90.79 |
$14,047.75 |
9 |
$14,047.75 |
$702.39 |
$14,750.14 |
$94.73 |
$14,657.42 |
10 |
$14,657.42 |
$732.87 |
$15,390.29 |
$98.84 |
$15,293.55 |
Cumulative |
|
$6,098.57 |
|
$822.48 |
|