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FHBRX
Mutual Fund ticker: NASDAQ
AS OF
Feb 24 closing price
Price
$6.81
Change
-$0.00 (-0.00%)
Net Assets
469.17M

FHBRX Federated Hermes Sust High Yield Bond R6 Forecast, Technical & Fundamental Analysis

Category HighYieldBond
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A.I.Advisor
published Highlights

Industry description

The investment seeks high current income. The fund pursues its investment objective by investing primarily in a diversified portfolio of sustainable, lower-rated fixed-income investments. These investments include lower-rated corporate bonds which include debt securities issued by U.S. or foreign businesses (including emerging market debt securities). The fund will invest at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in sustainable, lower-rated fixed-income investments.
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A.I. Advisor
published General Information

General Information

Category HighYieldBond

Profile
Fundamentals
Details
Category
High Yield Bond
Address
Federated High Income Bond Fund Inc5800 Corporate DrivePittsburgh
Phone
N/A
Web
www.federatedinvestors.com
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FHBRX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, FHBRX has been closely correlated with FTAHX. These tickers have moved in lockstep 87% of the time. This A.I.-generated data suggests there is a high statistical probability that if FHBRX jumps, then FTAHX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To FHBRX
1D Price
Change %
FHBRX100%
N/A
FTAHX - FHBRX
87%
Closely correlated
-0.10%
FAHHX - FHBRX
87%
Closely correlated
-0.10%
HIGFX - FHBRX
87%
Closely correlated
-0.10%
VWEAX - FHBRX
86%
Closely correlated
N/A
VWEHX - FHBRX
86%
Closely correlated
N/A
More