Federated Hermes High-Yield Strategy Portfolio (FHYSX)
The fund pursues its investment objective by investing primarily in the High Yield Bond Core Fund (the "underlying fund"), a portfolio of Federated Hermes Core Trust. The underlying fund in turn invests in a diversified portfolio of domestic corporate high-yield bonds (also known as "junk bonds"), but may invest a portion of its portfolio in securities of issuers based outside the United States.
Fund Info
| ISIN | US31421P2092 |
|---|---|
| Issuer | Federated |
| Inception Date | Dec 24, 2008 |
| Category | High Yield Bonds |
| Min. Investment | $0 |
| Asset Class | Bond |
Expense Ratio
FHYSX has an expense ratio of 0.02%, which is considered low compared to other funds.
Share Price Chart
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Compare to other instruments
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Popular comparisons: FHYSX vs. EIFAX, FHYSX vs. ICSH, FHYSX vs. SPHY
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Federated Hermes High-Yield Strategy Portfolio, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Federated Hermes High-Yield Strategy Portfolio had a return of 7.15% year-to-date (YTD) and 13.07% in the last 12 months. Over the past 10 years, Federated Hermes High-Yield Strategy Portfolio had an annualized return of 5.09%, while the S&P 500 had an annualized return of 11.05%, indicating that Federated Hermes High-Yield Strategy Portfolio did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 7.15% | 21.24% |
| 1 month | -0.31% | 0.55% |
| 6 months | 5.40% | 11.47% |
| 1 year | 13.07% | 32.45% |
| 5 years (annualized) | 4.23% | 13.43% |
| 10 years (annualized) | 5.09% | 11.05% |
Monthly Returns
The table below presents the monthly returns of FHYSX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.46% | -0.01% | 0.70% | -0.54% | 1.05% | 0.53% | 2.25% | 1.03% | 2.16% | -0.65% | 7.15% | ||
| 2023 | 4.56% | -1.42% | 1.11% | 0.63% | -0.61% | 1.84% | 1.63% | 0.55% | -1.78% | -0.99% | 4.71% | 3.20% | 13.99% |
| 2022 | -2.50% | -1.00% | -0.60% | -4.42% | 0.46% | -6.60% | 4.65% | -1.70% | -4.28% | 3.04% | 1.89% | -1.18% | -12.10% |
| 2021 | -0.30% | 0.61% | 0.76% | 0.92% | -0.15% | 1.83% | -0.08% | 1.06% | -0.08% | -0.91% | -0.40% | 2.09% | 5.43% |
| 2020 | -0.21% | -1.83% | -10.59% | 4.17% | 4.87% | 0.33% | 4.57% | 0.79% | -0.85% | 0.31% | 3.40% | 1.93% | 6.07% |
| 2019 | 4.81% | 1.87% | 0.83% | 1.32% | -1.25% | 2.47% | 0.52% | 0.23% | 0.68% | 0.22% | 0.23% | 2.39% | 15.14% |
| 2018 | 0.35% | -0.78% | -0.70% | 0.68% | 0.05% | 0.28% | 1.22% | 0.67% | 0.53% | -1.38% | -0.72% | -2.33% | -2.16% |
| 2017 | 1.28% | 1.57% | -0.24% | 1.18% | 1.10% | 0.16% | 1.32% | -0.17% | 0.80% | 0.20% | -0.24% | 1.11% | 8.35% |
| 2016 | -0.91% | 0.92% | 3.68% | 3.24% | 0.56% | 0.74% | 2.67% | 1.91% | 0.67% | 0.06% | -0.39% | 1.81% | 15.91% |
| 2015 | 1.03% | 2.13% | -0.25% | 1.07% | 0.39% | -1.24% | 0.24% | -1.21% | -2.16% | 2.88% | -2.17% | -2.29% | -1.73% |
| 2014 | 0.73% | 1.94% | 0.30% | 0.58% | 0.14% | 1.42% | -1.51% | 1.23% | -1.33% | 1.63% | -0.87% | -0.69% | 3.57% |
| 2013 | 1.46% | 0.41% | 0.50% | 2.57% | -0.73% | -2.90% | 2.64% | -1.22% | 1.76% | 2.43% | -0.35% | 1.21% | 7.88% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of FHYSX is 91, placing it in the top 9% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Federated Hermes High-Yield Strategy Portfolio (FHYSX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Federated Hermes High-Yield Strategy Portfolio provided a 6.20% dividend yield over the last twelve months, with an annual payout of $0.73 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.73 | $0.73 | $0.77 | $0.72 | $0.76 | $0.82 | $0.81 | $0.93 | $0.85 | $1.02 | $1.06 | $1.19 |
Dividend yield | 6.20% | 6.33% | 7.06% | 5.43% | 5.73% | 6.18% | 6.61% | 6.98% | 6.45% | 8.45% | 7.95% | 8.55% |
Monthly Dividends
The table displays the monthly dividend distributions for Federated Hermes High-Yield Strategy Portfolio. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.00 | $0.60 | |
| 2023 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.07 | $0.73 |
| 2022 | $0.06 | $0.06 | $0.06 | $0.06 | $0.07 | $0.07 | $0.06 | $0.06 | $0.06 | $0.06 | $0.07 | $0.06 | $0.77 |
| 2021 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.72 |
| 2020 | $0.07 | $0.07 | $0.07 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.76 |
| 2019 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.82 |
| 2018 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.81 |
| 2017 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.19 | $0.93 |
| 2016 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.08 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.08 | $0.85 |
| 2015 | $0.08 | $0.08 | $0.08 | $0.07 | $0.07 | $0.20 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.09 | $1.02 |
| 2014 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.17 | $0.08 | $0.07 | $0.07 | $0.07 | $0.07 | $0.12 | $1.06 |
| 2013 | $0.09 | $0.09 | $0.09 | $0.09 | $0.08 | $0.15 | $0.08 | $0.08 | $0.09 | $0.09 | $0.09 | $0.17 | $1.19 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Federated Hermes High-Yield Strategy Portfolio. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Federated Hermes High-Yield Strategy Portfolio was 21.45%, occurring on Mar 23, 2020. Recovery took 94 trading sessions.
The current Federated Hermes High-Yield Strategy Portfolio drawdown is 0.65%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -21.45% | Feb 18, 2020 | 25 | Mar 23, 2020 | 94 | Aug 5, 2020 | 119 |
| -15.93% | Jan 3, 2022 | 189 | Sep 29, 2022 | 315 | Dec 27, 2023 | 504 |
| -10.03% | Jun 3, 2015 | 176 | Feb 11, 2016 | 53 | Apr 28, 2016 | 229 |
| -8.26% | Aug 2, 2011 | 45 | Oct 4, 2011 | 63 | Jan 3, 2012 | 108 |
| -5.66% | Oct 4, 2018 | 57 | Dec 26, 2018 | 24 | Jan 31, 2019 | 81 |
Volatility
Volatility Chart
The current Federated Hermes High-Yield Strategy Portfolio volatility is 0.84%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.