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Average Annual Total Returns - Federated Hermes Institutional High Yield Bond Fund
IS
1 Year
IS
5 Years
IS
10 Years
IS
Return After Taxes on Distributions
1 Year
IS
Return After Taxes on Distributions
5 Years
IS
Return After Taxes on Distributions
10 Years
IS
Return After Taxes on Distributions and Sale of Fund Shares
1 Year
IS
Return After Taxes on Distributions and Sale of Fund Shares
5 Years
IS
Return After Taxes on Distributions and Sale of Fund Shares
10 Years
R6
1 Year
R6
5 Years
R6
10 Years
Bloomberg Barclays U.S. Corporate High Yield 2% Issuer Capped Index(reflects no deduction for fees, expenses or taxes)
1 Year
Bloomberg Barclays U.S. Corporate High Yield 2% Issuer Capped Index(reflects no deduction for fees, expenses or taxes)
5 Years
Bloomberg Barclays U.S. Corporate High Yield 2% Issuer Capped Index(reflects no deduction for fees, expenses or taxes)
10 Years
Lipper High Yield Funds Average
1 Year
Lipper High Yield Funds Average
5 Years
Lipper High Yield Funds Average
10 Years
Total 14.97% 6.13% 7.60% 12.25% 3.54% 4.73% 8.79% 3.50% 4.66% 14.98% 6.14% 7.56% 14.32% [1] 6.14% [1] 7.55% [1] 13.61% [2] 5.09% [2] 6.51% [2]
[1] The Bloomberg Barclays U.S. Corporate High Yield 2% Issuer Capped Index is an issuer-constrained version of the Bloomberg Barclays U.S. Corporate High-Yield Index that measures the market of USD-denominated, noninvestment-grade, fixed-rate, taxable corporate bonds. The index follows the same rules as the uncapped index but limits the exposure of each issuer to 2% of the total market value and redistributes any excess market value index-wide on a pro-rata basis.
[2] Lipper figures represent the average of the total returns reported by all mutual funds designated by Lipper, Inc., as falling into the respective category and is not adjusted to reflect any sales charges.