INISX

About INISX

Federated Hermes Intermediate Corporate Bond Fund Service Shares is a mutual fund focused primarily on investment-grade corporate bonds with intermediate durations. The fund’s primary objective is to provide investors with current income by allocating more than 65% of its portfolio to corporate debt denominated in U.S. dollars, offering exposure to credit risk and higher yields than government or agency-backed bonds. The fund maintains well-diversified holdings across a range of industries, with no single issuer dominating the portfolio; the top ten holdings collectively represent only about 13% of assets, indicating broad diversification. Key holdings often include U.S. Treasury securities, major financial institutions, and established corporations, providing both stability and moderate income potential. This fund plays an important role in fixed income portfolios by balancing credit risk and interest rate sensitivity, making it suitable for investors seeking intermediate-term corporate bond exposure within the broader bond market. The fund is managed by Federated Hermes, a firm known for its expertise in fixed income strategies, applying rigorous credit selection and active management to navigate shifting market conditions.