FIBPX

About FIBPX

The Federated Hermes International Bond Strategy Portfolio is an actively managed mutual fund designed to achieve total return through investments in global fixed-income securities. This portfolio primarily targets bonds issued by foreign governments, their agencies, and foreign corporations, including both developed and emerging markets. The fund invests in a blend of U.S. dollar and non-dollar denominated securities, offering broad exposure to various currencies and credit qualities. Its investment universe spans investment-grade as well as below-investment-grade debt, allowing for flexibility in both credit quality and market selection. By allocating a significant portion of assets—at least 80%—to fixed-income instruments, the portfolio provides diversified international bond exposure. The fund plays a key role for investors seeking global diversification in the fixed-income sector and access to income opportunities beyond domestic markets. It is managed by Federated Hermes and employs a multi-manager approach, adapting allocations to changing market conditions and opportunities across regions and credit spectrums.