Morningstar® Investment Profile™   Morningstar®
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Federated Hermes High Income Bond II P
Release date as of 2025-04-30. Data on page is subject to change.
Snapshot Ratings & Risk Portfolio Nuts & Bolts
  Style Box Details for Bond Holdings
Average Eff Duration 3.80 Yrs
Average Eff Maturity 3.80 Yrs
Average Wtd Coupon 6.12
Average Wtd Price 96.38
As of 2025-03-31
Data as of 2025-03-31
  Asset Allocation
% of Net Assets
Bullet U.S. Stocks U.S. Stocks 0.0
Bullet Non-U.S. Stocks Non-U.S. Stocks 0.0
Bullet Bonds Bonds 96.6
Bullet Cash Cash 3.3
Bullet Other Other 0.1
Asset Allocation Rescaled Graph
Data through 2025-03-31
  Morningstar Fixed-Income Sectors
% Fund
Government 0.00
Corporate 96.67
Securitized 0.00
Municipal 0.00
Cash & Equivalents 3.33
Derivative 0.00
Data through 2025-03-31
  Credit Analysis
% Bonds
AAA 4.10
AA 0.00
A 0.00
BBB 1.70
BB 30.50
B 41.50
Below B 22.20
Not Rated 0.00
Data through 2025-03-31
Credit Analysis Graph
  Top 25 Holdings
Total Number of Stock Holdings 1
Total Number of Bond Holdings 444
% of Net Assets in Top 10 Holdings 8.86
Turnover % (as of 2024-12-31) 28.00
30 Day SEC Yield % 6.37
Top 25 Holdings
Maturity
Date 		Shares
 Value
$000 		% of Net
Assets
Ardonagh Group Finance Ltd. 8.875% 2032-02-15 1,225 1,248 1.12
Medline Borrower LP 5.25% 2029-10-01 1,150 1,104 0.99
Clarios Global LP 8.5% 2027-05-15 1,100 1,102 0.99
Broadstreet Partners Inc 5.875% 2029-04-15 1,125 1,082 0.97
Trivium Packaging Finance BV 8.5% 2027-08-15 1,025 1,021 0.91
McAfee Corp 7.375% 2030-02-15 1,025 908 0.81
1011778 B.C. Unlimited Liability Company / New Red Finance, Inc. 4% 2030-10-15 1,000 906 0.81
Minerva Merger Subordinated Inc. 6.5% 2030-02-15 900 845 0.76
Usi Inc 7.5% 2032-01-15 825 843 0.75
CCO Holdings, LLC/ CCO Holdings Capital Corp. 4.75% 2030-03-01 900 836 0.75
HUB International Ltd. 7.375% 2032-01-31 800 815 0.73
Madison IAQ LLC 5.875% 2029-06-30 850 804 0.72
Truist Insurance Holdings LLC & Panther Co-Issuer Inc. 7.125% 2031-06-01 775 790 0.71
BCPE Empire Topco Inc 7.625% 2027-05-01 800 788 0.71
Ardagh Metal Packaging Finance PLC / Ardagh Metal Packaging Finance USA LLC 2029-09-01 900 768 0.69
Garda World Security Corporation 8.375% 2032-11-15 775 763 0.68
Clydesdale Acquisition Holdings Inc. 8.75% 2030-04-15 750 761 0.68
SS&C Technologies, Inc. 5.5% 2027-09-30 750 745 0.67
CCO Holdings, LLC/ CCO Holdings Capital Corp. 5% 2028-02-01 750 728 0.65
Midas Opco Holdings LLC 5.625% 2029-08-15 750 715 0.64
Archrock Partners LP/Archrock Partners Finance Corp 6.875% 2027-04-01 700 701 0.63
Cloud Software Group Inc. 9% 2029-09-30 700 699 0.63
EMRLD Borrower LP / Emerald Co-Issuer Inc. 6.625% 2030-12-15 675 676 0.61
Jones Deslauriers Insurance Management Inc. 10.5% 2030-12-15 625 670 0.60
TransDigm, Inc. 5.5% 2027-11-15 675 668 0.60
Data through 2025-03-31
Show Data Definitions

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