FHHIX Performance — Federated Hermes SDG Engagement High Yield Credit Fund, Institutional Shares
Data updated: 2026-07-27
FHHIX returned +1.31% year to date and +6.89% over one year to May 2026. Annualised returns are +8.58% over 3 years and +3.51% over 5 years. The fund trailed its Global High Yield Bond category average: $100 invested three years ago grew to $128, against $131 for the category, and to $107 over one year, against $108. Volatility over the past three years was 4.36% a year. In the 12 months to May 2026 the fund took in a net $68.4M, and assets reached $192.37M.
FHHIX Growth of $100
What $100 invested in Federated Hermes SDG Engagement High Yield Credit Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Global High Yield Bond category average over the same months.
| Period | FHHIX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $107 | $108 |
| 3 years (Jun 2023 – May 2026) | $128 | $131 |
| 5 years (Jun 2021 – May 2026) | $119 | $125 |
| Since data start (Sep 2019 – May 2026) | $134 | $138 |
FHHIX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.31% |
| 1 year | +6.89% |
| 3 years (annualised) | +8.58% |
| 5 years (annualised) | +3.51% |
FHHIX Annual Returns
Calendar-year total returns of Federated Hermes SDG Engagement High Yield Credit Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +1.31% |
| 2025 | +8.32% |
| 2024 | +7.47% |
| 2023 | +11.44% |
| 2022 | −10.67% |
| 2021 | +2.59% |
| 2020 | +7.12% |
| 2019 (Sep–Dec) | +3.91% |
FHHIX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.5% | +0.3% | −2.1% | +2.0% | +0.7% | — | — | — | — | — | — | — |
| 2025 | +1.0% | +0.9% | −1.0% | +0.3% | +1.5% | +1.6% | +0.5% | +0.9% | +0.9% | +0.2% | +0.7% | +0.6% |
| 2024 | +0.4% | +0.1% | +1.3% | −1.0% | +1.5% | +0.5% | +1.7% | +1.4% | +1.2% | −0.6% | +1.0% | −0.2% |
| 2023 | +3.8% | −1.4% | +0.2% | +0.5% | −0.5% | +1.0% | +1.3% | −0.4% | −1.1% | −0.8% | +4.8% | +3.6% |
| 2022 | −2.6% | −3.4% | −0.2% | −3.5% | −0.3% | −6.7% | +5.1% | −1.9% | −4.3% | +2.7% | +4.4% | +0.1% |
| 2021 | +0.3% | +0.2% | −0.4% | +1.1% | +0.1% | +1.0% | +0.5% | +0.4% | −0.4% | −0.8% | −0.8% | +1.3% |
| 2020 | +0.6% | −2.4% | −12.6% | +6.4% | +3.8% | +1.6% | +3.7% | +2.5% | −1.2% | +0.8% | +3.8% | +1.3% |
| 2019 | — | — | — | — | — | — | — | — | −0.2% | +1.2% | +0.9% | +1.9% |
FHHIX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 4.36%
- 3-year Sharpe ratio: 0.94 (vs 4.5% risk-free rate)
- Best month: +4.75% (Nov 2023)
- Worst month: −2.12% (Mar 2026)
FHHIX Fund Flows
Monthly money in and out of Federated Hermes SDG Engagement High Yield Credit Fund, from SEC Form N-PORT.
- 12-month net flow: $68.4M
- 12-month gross sales (incl. reinvestments): $86.9M
- Sales ÷ redemptions: 4.68×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $11.0M | $412K | $10.6M |
| Apr 2026 | $1.2M | $6.7M | −$5.5M |
| Mar 2026 | $702K | $487K | $215K |
| Feb 2026 | $26.8M | $3.0M | $23.8M |
| Jan 2026 | $1.1M | $1.5M | −$388K |
| Dec 2025 | $4.6M | $1.7M | $3.0M |
| Nov 2025 | $21.4M | $1.3M | $20.0M |
| Oct 2025 | $1.3M | $661K | $647K |
| Sep 2025 | $1.0M | $842K | $178K |
| Aug 2025 | $15.9M | $483K | $15.4M |
| Jul 2025 | $980K | $620K | $361K |
| Jun 2025 | $1.1M | $940K | $119K |
FHHIX Assets Under Management
Net assets of Federated Hermes SDG Engagement High Yield Credit Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $192.37M |
| 2026-02-28 | $187.46M |
| 2025-11-30 | $162.60M |
| 2025-08-31 | $140.88M |
| 2025-05-31 | $122.55M |
| 2025-02-28 | $126.05M |
| 2024-11-30 | $82.46M |
| 2024-08-31 | $80.23M |
| 2024-05-31 | $73.81M |
| 2024-02-29 | $80.56M |
| 2023-11-30 | $74.41M |
| 2023-08-31 | $64.78M |
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.