FDBBX Performance — Federated Hermes Corporate Bond Fund, Class B
Data updated: 2026-07-27
FDBBX returned 0.00% over one year to Aug 2024. Annualised returns are −4.56% over 3 years and −1.10% over 5 years. The fund trailed its Intermediate Corporate Bond category average: $100 invested three years ago grew to $87, against $97 for the category, and to $100 over one year, against $110. Volatility over the past three years was 6.47% a year. In the 12 months to May 2026 the fund lost a net $129.6M, and assets reached $972.88M.
FDBBX Growth of $100
What $100 invested in Federated Hermes Corporate Bond Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Corporate Bond category average over the same months.
| Period | FDBBX | Category average |
|---|---|---|
| 1 year (Sep 2023 – Aug 2024) | $100 | $110 |
| 3 years (Sep 2021 – Aug 2024) | $87 | $97 |
| 5 years (Sep 2019 – Aug 2024) | $95 | $107 |
FDBBX Trailing Returns
Total returns to Aug 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | 0.00% |
| 3 years (annualised) | −4.56% |
| 5 years (annualised) | −1.10% |
FDBBX Annual Returns
Calendar-year total returns of Federated Hermes Corporate Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–Aug) | 0.00% |
| 2023 | +3.68% |
| 2022 | −15.28% |
| 2021 | −0.93% |
| 2020 | +7.91% |
| 2019 (Sep–Dec) | +0.78% |
FDBBX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — | — | — | — |
| 2023 | +3.7% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| 2022 | −3.0% | −1.9% | −2.3% | −5.0% | +0.4% | −2.9% | +3.2% | −2.8% | −4.8% | −0.5% | +4.3% | −0.8% |
| 2021 | −0.9% | −1.2% | −1.3% | +1.0% | +0.4% | +1.4% | +1.0% | −0.2% | −0.8% | −0.2% | −0.3% | +0.3% |
| 2020 | +1.8% | +0.5% | −8.0% | +4.6% | +2.6% | +1.5% | +3.2% | −0.7% | −0.4% | −0.3% | +2.6% | +0.8% |
| 2019 | — | — | — | — | — | — | — | — | −0.4% | +0.4% | +0.1% | +0.6% |
FDBBX Risk
Risk measures from monthly returns over Sep 2021 – Aug 2024.
- 3-year volatility (annualised): 6.47%
- 3-year Sharpe ratio: -1.40 (vs 4.5% risk-free rate)
- Best month: +4.33% (Nov 2022)
- Worst month: −4.99% (Apr 2022)
FDBBX Fund Flows
Monthly money in and out of Federated Hermes Corporate Bond Fund, from SEC Form N-PORT.
- 12-month net flow: −$129.6M
- 12-month gross sales (incl. reinvestments): $223.9M
- Sales ÷ redemptions: 0.63×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $18.6M | $124.1M | −$105.5M |
| Apr 2026 | $19.4M | $18.9M | $471K |
| Mar 2026 | $20.1M | $20.7M | −$608K |
| Feb 2026 | $19.9M | $22.0M | −$2.1M |
| Jan 2026 | $16.2M | $17.6M | −$1.4M |
| Dec 2025 | $17.1M | $19.9M | −$2.8M |
| Nov 2025 | $15.4M | $29.1M | −$13.7M |
| Oct 2025 | $24.1M | $38.0M | −$13.8M |
| Sep 2025 | $18.4M | $15.6M | $2.7M |
| Aug 2025 | $16.8M | $16.2M | $631K |
| Jul 2025 | $20.2M | $15.8M | $4.3M |
| Jun 2025 | $17.6M | $15.5M | $2.1M |
FDBBX Assets Under Management
Net assets of Federated Hermes Corporate Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $972.88M |
| 2026-02-28 | $1.10B |
| 2025-11-30 | $1.10B |
| 2025-08-31 | $1.11B |
| 2025-05-31 | $1.09B |
| 2025-02-28 | $1.12B |
| 2024-11-30 | $1.14B |
| 2024-08-31 | $1.15B |
| 2024-05-31 | $1.13B |
| 2024-02-29 | $1.14B |
| 2023-11-30 | $1.10B |
| 2023-08-31 | $1.09B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.