FIIFX Performance — Federated Hermes Intermediate Corporate Bond Fund, Institutional Shares
Data updated: 2026-09-23
FIIFX returned −0.04% year to date and +2.89% over one year to Jul 2026. Annualised returns are +4.94% over 3 years and +1.11% over 5 years. The fund trailed its Intermediate Corporate Bond category average: $100 invested three years ago grew to $116, against $116 for the category, and to $103 over one year, against $103. Volatility over the past three years was 3.83% a year. In the 12 months to Jul 2026 the fund took in a net $61.3M, and assets reached $461.94M.
FIIFX Growth of $100
What $100 invested in Federated Hermes Intermediate 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 | FIIFX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $103 | $103 |
| 3 years (Aug 2023 – Jul 2026) | $116 | $116 |
| 5 years (Aug 2021 – Jul 2026) | $106 | $103 |
| Since data start (Aug 2019 – Jul 2026) | $117 | $116 |
FIIFX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | −0.04% |
| 1 year | +2.89% |
| 3 years (annualised) | +4.94% |
| 5 years (annualised) | +1.11% |
FIIFX Annual Returns
Calendar-year total returns of Federated Hermes Intermediate Corporate Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | −0.04% |
| 2025 | +7.32% |
| 2024 | +3.87% |
| 2023 | +6.40% |
| 2022 | −9.51% |
| 2021 | −1.25% |
| 2020 | +7.54% |
| 2019 (Aug–Dec) | +2.71% |
FIIFX 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 | +0.2% | +1.0% | −1.5% | +0.4% | +0.4% | +0.1% | −0.7% | — | — | — | — | — |
| 2025 | +0.6% | +1.4% | +0.2% | +0.5% | +0.1% | +1.4% | 0.0% | +1.2% | +0.7% | +0.2% | +0.8% | 0.0% |
| 2024 | +0.3% | −0.9% | +0.8% | −1.3% | +1.4% | +0.7% | +1.9% | +1.2% | +1.3% | −1.5% | +0.8% | −0.8% |
| 2023 | +2.4% | −1.9% | +2.1% | +0.7% | −0.9% | −0.3% | +0.5% | −0.1% | −1.5% | −0.7% | +3.5% | +2.6% |
| 2022 | −1.8% | −1.0% | −2.4% | −2.8% | +0.7% | −1.8% | +2.1% | −1.9% | −3.1% | −0.4% | +2.9% | −0.2% |
| 2021 | −0.2% | −0.6% | −1.0% | +0.6% | +0.5% | +0.3% | +0.8% | −0.3% | −0.4% | −0.7% | −0.1% | −0.1% |
| 2020 | +1.5% | +1.0% | −5.9% | +3.9% | +2.1% | +1.7% | +1.6% | +0.1% | −0.1% | 0.0% | +1.3% | +0.4% |
| 2019 | — | — | — | — | — | — | — | +1.8% | −0.2% | +0.7% | 0.0% | +0.4% |
FIIFX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 3.83%
- 3-year Sharpe ratio: 0.11 (vs 4.5% risk-free rate)
- Best month: +3.51% (Nov 2023)
- Worst month: −1.50% (Oct 2024)
FIIFX Fund Flows
Monthly money in and out of Federated Hermes Intermediate Corporate Bond Fund, from SEC Form N-PORT.
- 12-month net flow: $61.3M
- 12-month gross sales (incl. reinvestments): $170.3M
- Sales ÷ redemptions: 1.56×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $6.8M | $9.4M | −$2.5M |
| Jun 2026 | $9.6M | $6.6M | $3.0M |
| May 2026 | $16.8M | $7.9M | $8.9M |
| Apr 2026 | $13.8M | $4.5M | $9.3M |
| Mar 2026 | $27.8M | $6.9M | $21.0M |
| Feb 2026 | $15.3M | $3.7M | $11.6M |
| Jan 2026 | $14.1M | $7.4M | $6.7M |
| Dec 2025 | $7.0M | $20.1M | −$13.1M |
| Nov 2025 | $5.1M | $3.2M | $1.9M |
| Oct 2025 | $44.8M | $7.4M | $37.4M |
| Sep 2025 | $4.7M | $5.1M | −$442K |
| Aug 2025 | $4.5M | $26.7M | −$22.2M |
FIIFX Assets Under Management
Net assets of Federated Hermes Intermediate Corporate Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $461.94M |
| 2026-04-30 | $458.54M |
| 2026-01-31 | $422.07M |
| 2025-10-31 | $426.63M |
| 2025-07-31 | $407.82M |
| 2025-04-30 | $420.24M |
| 2025-01-31 | $410.93M |
| 2024-10-31 | $407.15M |
| 2024-07-31 | $398.61M |
| 2024-04-30 | $374.81M |
| 2024-01-31 | $360.43M |
| 2023-10-31 | $354.14M |
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.