IHIAX

About IHIAX

Federated Hermes Emerging Market Debt Fund Class A is a mutual fund focused on fixed-income opportunities across developing countries. Its primary objective is to deliver a high level of current income, with a secondary goal of capital appreciation, by investing predominantly in sovereign and corporate bonds from emerging markets, in both local currencies and U.S. dollars. The fund is managed within the emerging markets bond category, where exposures commonly span Latin America, Eastern Europe, Africa, the Middle East, and Asia. It may hold below‑investment‑grade debt, reflecting a mandate that includes higher-yield securities alongside investment-grade issuers. The strategy’s role in the market is to provide diversified access to emerging-market credit and interest-rate dynamics, aiming to capture income premia associated with developing economies while navigating currency and political risks inherent to these regions. As a longstanding offering within its category, the fund’s approach seeks total return through active selection of issuers and instruments across geographies and maturities, aligning with investors seeking dedicated emerging-market fixed-income exposure.