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FIHLX
Mutual Fund ticker: NASDAQ
AS OF
Apr 25 closing price
Price
$8.84
Change
+$0.02 (+0.23%)
Net Assets
7.16B

FIHLX Federated Hermes Instl High Yield Bd R6 Forecast, Technical & Fundamental Analysis

The investment seeks high current income... Show more

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A.I.Advisor
published Highlights

Industry description

The investment seeks high current income. The fund invests primarily in a diversified portfolio of high yield corporate bonds (also known as "junk bonds"), which include debt securities issued by U.S. or foreign businesses (including emerging market debt securities). The Adviser does not limit the fund's investments to securities of a particular maturity range. The fund may invest in derivative contracts (for example, futures contracts, option contracts and swap contracts) to implement its investment strategies.
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A.I. Advisor
published General Information

General Information

Category HighYieldBond

Profile
Fundamentals
Details
Category
High Yield Bond
Address
Federated Institutional Trust5800 Corporate DrivePittsburgh
Phone
N/A
Web
www.federatedinvestors.com
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FIHLX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, FIHLX has been closely correlated with FTAHX. These tickers have moved in lockstep 96% of the time. This A.I.-generated data suggests there is a high statistical probability that if FIHLX jumps, then FTAHX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To FIHLX
1D Price
Change %
FIHLX100%
N/A
FTAHX - FIHLX
96%
Closely correlated
+0.31%
FAHHX - FIHLX
95%
Closely correlated
+0.31%
HIGFX - FIHLX
95%
Closely correlated
+0.31%
RITEX - FIHLX
94%
Closely correlated
+0.31%
RITHX - FIHLX
94%
Closely correlated
+0.31%
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