FHIIX Fees and Costs — Federated Hermes Sustainable High Yield Bond Fund, Inc., Class A
Data updated: 2026-08-25
The net expense ratio is 0.90%: a 0.50% management fee plus 0.53% other expenses, less a 0.13% fee waiver. This share class carries a maximum front-end sales load of 4.50%. In fiscal 2026 the fund paid $1 in broker commissions, and portfolio turnover was 32%.
FHIIX Fees and Expenses
Annual operating expenses and sales charges of FHIIX. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.53% |
| Gross expense ratio | 1.03% |
| Fee waiver | −0.13% |
| Net expense ratio | 0.90% |
| Sales charges | |
|---|---|
| Max front load | 4.50% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
FHIIX Costs Over Time
On $10,000 invested in FHIIX, assuming 5% a year before costs, total costs come to $1,113 over 5 years, cutting the return by 1.90% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Sales charges | $450 | $450 | $450 |
| Fund expenses (net expense ratio 0.90%) | $90 | $282 | $489 |
| Lost growth on money paid in costs | $22 | $85 | $174 |
| Total costs | $563 | $817 | $1,113 |
| Value after costs | $9,937 | $10,760 | $11,650 |
| Impact on return, per year | 5.63% | 2.53% | 1.90% |
FHIIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: $1
- Bought from dealers (principal trades, not a cost): $494.0M
- Portfolio turnover (prospectus): 32%
- Securities lending: none during the year
FHIIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Nomura Securities International, Inc. | $1 | 100.00% |
FHIIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Federated Securities Corp. | $246.0M | 53.78% |
| Morgan Stanley & Co. LLC | $44.1M | 9.65% |
| J.P. Morgan Securities LLC | $33.9M | 7.41% |
| BofA Securities, Inc. | $33.1M | 7.24% |
| Goldman Sachs & Co. LLC | $31.7M | 6.92% |
| Jane Street Execution Services, LLC | $17.5M | 3.83% |
| Citigroup Global Markets Inc. | $14.3M | 3.12% |
| Jefferies LLC | $13.1M | 2.87% |
| Wells Fargo Securities, LLC | $12.5M | 2.72% |
| Barclays Capital Inc. | $11.2M | 2.46% |
Federated Hermes Sustainable High Yield Bond Fund, Inc. Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FHBRX | Class R6 | 0.64% | none |
| FHISX | Institutional Shares | 0.65% | none |
| FHIIX | Class A | 0.90% | 4.50% |
| FHICX | Class C | 1.74% | none |
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.