Morningstar® Investment Profile™   Morningstar®
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Federated Hermes High Income Bond II P
Release date as of 2025-08-31. 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 6.17
Average Wtd Price 99.05
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 95.3
Bullet Cash Cash 4.6
Bullet Other Other 0.1
Asset Allocation Rescaled Graph
Data through 2025-06-30
  Morningstar Fixed-Income Sectors
% Fund
Government 0.00
Corporate 95.40
Securitized 0.00
Municipal 0.00
Cash & Equivalents 4.60
Derivative 0.00
Data through 2025-06-30
  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 451
% of Net Assets in Top 10 Holdings 8.69
Turnover % (as of 2024-12-31) 28.00
30 Day SEC Yield % 5.37
Top 25 Holdings
Maturity
Date 		Shares
 Value
$000 		% of Net
Assets
Ardonagh Group Finance Ltd. 8.875% 2032-02-15 1,225 1,290 1.10
Medline Borrower LP 5.25% 2029-10-01 1,150 1,142 0.98
Broadstreet Partners Inc 5.875% 2029-04-15 1,125 1,112 0.95
Clarios Global LP 8.5% 2027-05-15 1,100 1,107 0.95
McAfee Corp 7.375% 2030-02-15 1,075 1,016 0.87
1011778 B.C. Unlimited Liability Company / New Red Finance, Inc. 4% 2030-10-15 1,000 933 0.80
Madison IAQ LLC 5.875% 2029-06-30 925 911 0.78
Athenahealth Group Inc. 6.5% 2030-02-15 900 887 0.76
CCO Holdings, LLC/ CCO Holdings Capital Corp. 4.75% 2030-03-01 900 873 0.75
Usi Inc 7.5% 2032-01-15 825 872 0.75
HUB International Ltd. 7.375% 2032-01-31 800 838 0.72
Ardagh Metal Packaging Finance PLC / Ardagh Metal Packaging Finance USA LLC 2029-09-01 900 822 0.70
Truist Insurance Holdings LLC & Panther Co-Issuer Inc. 7.125% 2031-06-01 775 806 0.69
Garda World Security Corporation 8.375% 2032-11-15 775 797 0.68
CCO Holdings, LLC/ CCO Holdings Capital Corp. 5% 2028-02-01 750 744 0.64
Cloud Software Group Inc. 9% 2029-09-30 700 726 0.62
Allied Universal Holdco LLC / Allied Universal Finance Corporation 6% 2029-06-01 725 706 0.60
Archrock Partners LP/Archrock Partners Finance Corp 6.875% 2027-04-01 700 701 0.60
EMRLD Borrower LP / Emerald Co-Issuer Inc. 6.625% 2030-12-15 675 691 0.59
Jones Deslauriers Insurance Management Inc. 10.5% 2030-12-15 625 667 0.57
White Cap Buyer LLC 6.875% 2028-10-15 650 650 0.56
SPX Flow Inc. 8.75% 2030-04-01 625 649 0.56
Amwins Group Inc 4.875% 2029-06-30 650 632 0.54
HUB International Ltd. 7.25% 2030-06-15 600 627 0.54
Standard Building Solutions Inc. 5% 2027-02-15 625 624 0.53
Data through 2025-06-30
Show Data Definitions

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