Federated Hermes Intermediate Corp Bd IS (FIIFX)
Fund Summary
The fund invests in a diversified portfolio of investment-grade, fixed-income securities consisting primarily of corporate debt securities, U.S. government mortgage-backed securities, and U.S. Treasury and agency securities. The Adviser seeks to enhance the performance by allocating relatively more of its portfolio to the security type that the Adviser expects to offer the best balance between current income and risk. The foreign securities in which it invests will be predominately denominated in U.S. dollars. It may invest in derivative contracts and/or hybrid instruments to implement its investment strategies.
Risk Overview
Morningstar Risk Rating | |
Best 1Y Total Return | 9.70% |
Worst 1Y Total Return | -- |
Number of Years Up | 24 |
Number of Years Down | 7 |
Performance & Risk
YTD Return | 2.72% |
5y Average Return | 1.71% |
Rank in Category (ytd) | 59 |
% Rank in Category (ytd) | -- |
Beta (5Y Monthly) | 0.72 |
Morningstar Risk Rating |
Risk Statistics
3 Years | 5 Years | 10 Years | ||||
---|---|---|---|---|---|---|
FIIFX | Category Average | FIIFX | Category Average | FIIFX | Category Average | |
Alpha | 0.77 | 0.01 | 2 | 0.01 | 0.76 | 0.01 |
BETA | 0.72 | 0.01 | 0.76 | 0.01 | 0.75 | 0.01 |
Mean Annual Return | 0.22 | 0.01 | 0.21 | 0 | 0.2 | 0 |
R-squared | 97.9 | 0.48 | 88.99 | 0.51 | 72.77 | 0.53 |
Standard Deviation | 5.59 | 0.07 | 5.14 | 0.06 | 4.45 | 0.05 |
Sharpe Ratio | -0.34 | 0.01 | -0.05 | 0.01 | 0.11 | 0.01 |
Treynor Ratio | -2.94 | 0.05 | -0.52 | 0.06 | 0.51 | 0.04 |