IHICX

About IHICX

Federated Hermes Emerging Markets Debt Fund - Class C is an actively managed mutual fund focused on fixed-income securities from emerging market issuers. The fund seeks a high level of current income with a secondary objective of capital appreciation by investing primarily in sovereign and corporate debt across developing economies, in both local-currency and U.S. dollar denominations and across the maturity spectrum. Its mandate includes the flexibility to hold non-investment-grade bonds, enabling exposure to higher-yielding segments of the emerging markets debt universe while accepting greater credit and liquidity risk. The strategy spans diversified country and security selection and may integrate research-driven assessments of macroeconomic conditions, credit quality, and currency dynamics typical of the asset class. Within the broader market, the fund serves as a vehicle for accessing emerging markets fixed income, a segment often used for portfolio diversification and income generation relative to developed-market bonds, while carrying heightened volatility due to interest-rate, currency, and political risks inherent to emerging economies.