Federated Hermes Institutional High Yield Bond Fund

Fund Profile

Fund profile

Tickers

FIHBX, FIHLX, FIHAX, FIHCX

Fund manager

Federated Institutional Trust

Total assets

$7.79 bn

Liabilities

$97.43 mm

Net assets

$7.70 bn

Number of holdings

576.00

Top 200 of 576 Holdings

As of Oct 2024

Security	$Holding	Balance	% of Fund	Category	Position	Country
Federated Hermes Government Obligations Fund	205.11 mm	205.11 mm shares	2.67	Short-term investment vehicle	Long	USA
Panther BF Aggregator 2 LP / Panther Finance Co Inc	80.85 mm	80.28 mm principal	1.05	Debt	Long	XX
Mozart Debt Merger Sub Inc	71.06 mm	73.30 mm principal	0.92	Debt	Long	USA
MCFE McAfee Corp.	69.64 mm	72.18 mm principal	0.91	Debt	Long	USA
Clydesdale Acquisition Holdings Inc	69.01 mm	67.90 mm principal	0.90	Debt	Long	USA
1011778 BC ULC / New Red Finance Inc	65.21 mm	72.13 mm principal	0.85	Debt	Long	Canada
Minerva Merger Sub Inc	64.97 mm	68.65 mm principal	0.84	Debt	Long	USA
Ardonagh Group Finance Ltd	63.73 mm	62.33 mm principal	0.83	Debt	Long	Jersey
BroadStreet Partners Inc	60.16 mm	62.85 mm principal	0.78	Debt	Long	USA
MIDAS OPCO HOLDINGS LLC	58.38 mm	61.33 mm principal	0.76	Debt	Long	USA
HUB International Ltd	53.89 mm	52.80 mm principal	0.70	Debt	Long	USA
BCPE Empire Holdings Inc	53.62 mm	53.25 mm principal	0.70	Debt	Long	USA
Madison IAQ LLC	51.01 mm	53.73 mm principal	0.66	Debt	Long	USA
USI Inc/NY	50.31 mm	49.25 mm principal	0.65	Debt	Long	USA
Trivium Packaging Finance BV	46.99 mm	47.08 mm principal	0.61	Debt	Long	Netherlands
UKG Inc	46.29 mm	45.15 mm principal	0.60	Debt	Long	USA
GW B-CR Security Corp	46.27 mm	46.20 mm principal	0.60	Debt	Long	Canada
ALLIED UNIVERSAL HOLDCO SR UNSECURED 144A 07/27 9.75	43.43 mm	43.30 mm principal	0.56	Debt	Long	USA
Emerald Debt Merger Sub LLC	43.30 mm	42.53 mm principal	0.56	Debt	Long	USA
Telenet Finance Luxembourg Notes Sarl	42.84 mm	44.00 mm principal	0.56	Debt	Long	Luxembourg
GTCR W-2 Merger Sub LLC	42.34 mm	40.13 mm principal	0.55	Debt	Long	USA
Panther Escrow Issuer LLC	41.96 mm	40.95 mm principal	0.55	Debt	Long	USA
SS&C Technologies Inc	41.36 mm	41.50 mm principal	0.54	Debt	Long	USA
Mohegan Gaming & Entertainment	40.08 mm	40.33 mm principal	0.52	Debt	Long	USA
TransDigm Inc	39.60 mm	38.60 mm principal	0.51	Debt	Long	USA
Clarivate Science Holdings Corp	39.50 mm	41.75 mm principal	0.51	Debt	Long	USA
Cloud Software Group Inc	38.15 mm	38.13 mm principal	0.50	Debt	Long	USA
HUB International Ltd	37.36 mm	36.13 mm principal	0.49	Debt	Long	USA
Rocket Software Inc	37.17 mm	39.92 mm principal	0.48	Debt	Long	USA
Grifols Escrow Issuer SA	36.97 mm	40.08 mm principal	0.48	Debt	Long	Spain
Adient Global Holdings Ltd	36.44 mm	36.95 mm principal	0.47	Debt	Long	Jersey
CCO Holdings LLC / CCO Holdings Capital Corp	35.33 mm	40.67 mm principal	0.46	Debt	Long	USA
FBM Foundation Building Materials, Inc.	34.92 mm	39.48 mm principal	0.45	Debt	Long	USA
UPC Broadband Finco BV	34.51 mm	37.67 mm principal	0.45	Debt	Long	Netherlands
Redwood Star Merger Sub Inc	33.58 mm	32.28 mm principal	0.44	Debt	Long	USA
TIBX TIBCO Software Inc	32.57 mm	33.33 mm principal	0.42	Debt	Long	USA
Station Casinos LLC	32.10 mm	33.60 mm principal	0.42	Debt	Long	USA
Antero Midstream Partners LP / Antero Midstream Finance Corp	32.03 mm	32.17 mm principal	0.42	Debt	Long	USA
Ziggo Bond Finance BV	31.58 mm	31.63 mm principal	0.41	Debt	Long	Netherlands
SeaWorld Parks & Entertainment Inc	31.36 mm	32.63 mm principal	0.41	Debt	Long	USA
Avantor Funding Inc	31.31 mm	32.35 mm principal	0.41	Debt	Long	USA
Herens Holdco Sarl	31.23 mm	35.55 mm principal	0.41	Debt	Long	Luxembourg
Dornoch Debt Merger Sub Inc	30.67 mm	36.60 mm principal	0.40	Debt	Long	USA
CP Atlas Buyer Inc	30.38 mm	33.15 mm principal	0.39	Debt	Long	USA
Ford Motor Credit Co LLC	30.02 mm	30.60 mm principal	0.39	Debt	Long	USA
Ford Motor Credit Co LLC	29.84 mm	30.20 mm principal	0.39	Debt	Long	USA
Real Hero Merger Sub 2 Inc	29.71 mm	33.98 mm principal	0.39	Debt	Long	USA
Archrock Partners LP / Archrock Partners Finance Corp	29.68 mm	29.58 mm principal	0.39	Debt	Long	USA
Archrock Partners LP / Archrock Partners Finance Corp	29.53 mm	29.45 mm principal	0.38	Debt	Long	USA
Seagate HDD Cayman	29.50 mm	25.86 mm principal	0.38	Debt	Long	Cayman Islands
AmWINS Group Inc	29.16 mm	30.95 mm principal	0.38	Debt	Long	USA
LCM Investments Holdings II LLC	29.00 mm	27.75 mm principal	0.38	Debt	Long	USA
Vistra Operations Co LLC	28.77 mm	28.83 mm principal	0.37	Debt	Long	USA
IRM Iron Mountain Incorporated	28.46 mm	27.65 mm principal	0.37	Debt	Long	USA
CCO Holdings LLC / CCO Holdings Capital Corp	28.18 mm	31.53 mm principal	0.37	Debt	Long	USA
Standard Industries Inc/NJ	27.83 mm	28.40 mm principal	0.36	Debt	Long	USA
Suburban Propane Partners LP/Suburban Energy Finance Corp	27.78 mm	30.25 mm principal	0.36	Debt	Long	USA
THC Tenet Healthcare Corporation	27.55 mm	27.55 mm principal	0.36	Debt	Long	USA
Jones Deslauriers Insurance Management Inc	26.90 mm	24.95 mm principal	0.35	Debt	Long	Canada
HUB International Ltd	26.73 mm	27.58 mm principal	0.35	Debt	Long	USA
TerraForm Power Operating LLC	26.57 mm	27.18 mm principal	0.35	Debt	Long	USA
Garda World Security Corp	26.57 mm	28.33 mm principal	0.35	Debt	Long	Canada
USA Compression Partners LP / USA Compression Finance Corp	26.34 mm	26.20 mm principal	0.34	Debt	Long	USA
Central Parent Inc / Central Merger Sub Inc	26.25 mm	26.13 mm principal	0.34	Debt	Long	USA
White Cap Buyer LLC	25.91 mm	25.80 mm principal	0.34	Debt	Long	USA
Garda World Security Corp	25.55 mm	25.53 mm principal	0.33	Debt	Long	Canada
United Shore Financial Services LLC	25.26 mm	25.38 mm principal	0.33	Debt	Long	USA
II-VI Inc	25.25 mm	26.30 mm principal	0.33	Debt	Long	USA
GYP Holdings III Corp	24.97 mm	26.43 mm principal	0.32	Debt	Long	USA
CCO Holdings LLC / CCO Holdings Capital Corp	24.88 mm	27.33 mm principal	0.32	Debt	Long	USA
Elastic NV	24.71 mm	26.68 mm principal	0.32	Debt	Long	Netherlands
CARS Cars.com Inc.	24.52 mm	24.58 mm principal	0.32	Debt	Long	USA
ENR Energizer Holdings, Inc.	24.25 mm	25.90 mm principal	0.32	Debt	Long	USA
Six Flags Entertainment Corp	24.16 mm	23.55 mm principal	0.31	Debt	Long	USA
Targa Resources Partners LP / Targa Resources Partners Finance Corp	24.11 mm	24.05 mm principal	0.31	Debt	Long	USA
Ford Motor Credit Co LLC	23.80 mm	23.80 mm principal	0.31	Debt	Long	USA
Antero Midstream Partners LP / Antero Midstream Finance Corp	23.62 mm	23.65 mm principal	0.31	Debt	Long	USA
Baldwin Insurance Group Holdings LLC / Baldwin Insurance Group Holdings Finance	23.61 mm	23.13 mm principal	0.31	Debt	Long	USA
AssuredPartners Inc	23.59 mm	24.90 mm principal	0.31	Debt	Long	USA
HQY HealthEquity, Inc.	23.50 mm	24.63 mm principal	0.31	Debt	Long	USA
Ford Motor Credit Co LLC	23.42 mm	23.48 mm principal	0.30	Debt	Long	USA
Acrisure LLC / Acrisure Finance Inc	23.23 mm	22.83 mm principal	0.30	Debt	Long	USA
EQM Midstream Partners, LP	23.10 mm	24.28 mm principal	0.30	Debt	Long	USA
CCSI Consensus Cloud Solutions, Inc.	22.98 mm	23.18 mm principal	0.30	Debt	Long	USA
HEES H&E Equipment Services, Inc.	22.97 mm	24.85 mm principal	0.30	Debt	Long	USA
Ontario Gaming GTA LP	22.80 mm	22.08 mm principal	0.30	Debt	Long	Canada
Ford Motor Credit Co LLC	22.37 mm	22.98 mm principal	0.29	Debt	Long	USA
Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer	22.29 mm	22.13 mm principal	0.29	Debt	Long	USA
MGM MGM Resorts International	21.99 mm	21.98 mm principal	0.29	Debt	Long	USA
Organon Finance 1 LLC	21.91 mm	24.00 mm principal	0.28	Debt	Long	USA
Kodiak Gas Services LLC	21.81 mm	21.20 mm principal	0.28	Debt	Long	USA
CRK Comstock Resources, Inc.	21.51 mm	22.45 mm principal	0.28	Debt	Long	USA
CHDN Churchill Downs Incorporated	21.51 mm	21.10 mm principal	0.28	Debt	Long	USA
Ford Motor Credit Co LLC	21.32 mm	23.60 mm principal	0.28	Debt	Long	USA
Capstone Borrower Inc	21.23 mm	20.30 mm principal	0.28	Debt	Long	USA
EQM Midstream Partners, LP	21.23 mm	21.38 mm principal	0.28	Debt	Long	USA
TransDigm Inc	21.13 mm	20.75 mm principal	0.27	Debt	Long	USA
IHO Verwaltungs GmbH	21.07 mm	21.78 mm principal	0.27	Debt	Long	Germany
Jones Deslauriers Insurance Management Inc	20.80 mm	19.63 mm principal	0.27	Debt	Long	Canada
CNXM CNX Midstream Partners LP	20.71 mm	22.23 mm principal	0.27	Debt	Long	USA
HI Hillenbrand, Inc.	20.68 mm	20.58 mm principal	0.27	Debt	Long	USA
Ardagh Metal Packaging Finance USA LLC / Ardagh Metal Packaging Finance PLC	20.55 mm	23.40 mm principal	0.27	Debt	Long	XX
NextEra Energy Operating Partners LP	20.49 mm	19.90 mm principal	0.27	Debt	Long	USA
CDE Coeur Mining, Inc.	20.39 mm	21.35 mm principal	0.26	Debt	Long	USA
BRBR BellRing Brands, Inc.	20.26 mm	19.45 mm principal	0.26	Debt	Long	USA
Scientific Games Holdings LP/Scientific Games US FinCo Inc	19.90 mm	20.40 mm principal	0.26	Debt	Long	USA
Olympus Water US Holding Corp	19.86 mm	18.70 mm principal	0.26	Debt	Long	USA
Sirius XM Radio Inc	19.78 mm	20.38 mm principal	0.26	Debt	Long	USA
US Foods Inc	19.65 mm	20.38 mm principal	0.26	Debt	Long	USA
ESI Element Solutions Inc	19.53 mm	20.25 mm principal	0.25	Debt	Long	USA
Northriver Midstream Finance LP	19.51 mm	19.00 mm principal	0.25	Debt	Long	Canada
Olympus Water US Holding Corp	19.48 mm	20.40 mm principal	0.25	Debt	Long	USA
Match Group Inc.	19.27 mm	21.18 mm principal	0.25	Debt	Long	USA
CLW Clearwater Paper Corporation	19.27 mm	20.73 mm principal	0.25	Debt	Long	USA
ENR Energizer Holdings, Inc.	19.27 mm	20.05 mm principal	0.25	Debt	Long	USA
Entegris Escrow Corp	19.20 mm	19.20 mm principal	0.25	Debt	Long	USA
Ardagh Packaging Finance PLC / Ardagh Holdings USA Inc	19.12 mm	31.80 mm principal	0.25	Debt	Long	XX
Allied Universal Holdco LLC / Allied Universal Finance Corp	19.05 mm	20.80 mm principal	0.25	Debt	Long	USA
CSC Holdings LLC	19.03 mm	25.93 mm principal	0.25	Debt	Long	USA
DINO HF Sinclair Corporation	18.97 mm	19.15 mm principal	0.25	Debt	Long	USA
THC Tenet Healthcare Corporation	18.75 mm	18.90 mm principal	0.24	Debt	Long	USA
United Wholesale Mortgage LLC	18.71 mm	19.60 mm principal	0.24	Debt	Long	USA
WESCO Distribution Inc	18.54 mm	18.10 mm principal	0.24	Debt	Long	USA
CLF Cleveland-Cliffs Inc.	18.43 mm	19.65 mm principal	0.24	Debt	Long	USA
POST Post Holdings, Inc.	18.27 mm	18.43 mm principal	0.24	Debt	Long	USA
CSC Holdings LLC	18.27 mm	20.50 mm principal	0.24	Debt	Long	USA
Mauser Packaging Solutions Holding Co	18.12 mm	17.70 mm principal	0.24	Debt	Long	USA
CZR Caesars Entertainment, Inc.	18.08 mm	18.52 mm principal	0.23	Debt	Long	USA
Dun & Bradstreet Corp/The	18.04 mm	18.40 mm principal	0.23	Debt	Long	USA
CSC Holdings LLC	18.04 mm	24.40 mm principal	0.23	Debt	Long	USA
USA Compression Partners LP / USA Compression Finance Corp	17.96 mm	17.63 mm principal	0.23	Debt	Long	USA
Scientific Games International Inc	17.83 mm	17.43 mm principal	0.23	Debt	Long	USA
Sealed Air Corp	17.80 mm	17.52 mm principal	0.23	Debt	Long	USA
TransDigm Inc	17.78 mm	17.93 mm principal	0.23	Debt	Long	USA
CNC Centene Corporation	17.67 mm	18.25 mm principal	0.23	Debt	Long	USA
CCSI Consensus Cloud Solutions, Inc.	17.62 mm	17.80 mm principal	0.23	Debt	Long	USA
Royal Caribbean Cruises Ltd	17.62 mm	17.50 mm principal	0.23	Debt	Long	Liberia
EQM Midstream Partners, LP	17.50 mm	17.10 mm principal	0.23	Debt	Long	USA
CHS/Community Health Systems Inc	17.27 mm	20.43 mm principal	0.22	Debt	Long	USA
Vertical US Newco Inc	17.06 mm	17.33 mm principal	0.22	Debt	Long	USA
Sirius XM Radio Inc	16.95 mm	18.93 mm principal	0.22	Debt	Long	USA
CIVI Civitas Resources, Inc.	16.61 mm	16.05 mm principal	0.22	Debt	Long	USA
Quicken Loans LLC / Quicken Loans Co-Issuer Inc	16.47 mm	18.48 mm principal	0.21	Debt	Long	USA
Olympus Water US Holding Corp	16.47 mm	17.48 mm principal	0.21	Debt	Long	USA
OTEX Open Text Corporation	16.43 mm	17.45 mm principal	0.21	Debt	Long	Canada
Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc	16.33 mm	17.15 mm principal	0.21	Debt	Long	USA
THC Tenet Healthcare Corporation	16.30 mm	16.27 mm principal	0.21	Debt	Long	USA
DTM DT Midstream, Inc.	16.27 mm	17.68 mm principal	0.21	Debt	Long	USA
Jazz Securities DAC	16.27 mm	17.18 mm principal	0.21	Debt	Long	Ireland
Academy Ltd	16.19 mm	16.23 mm principal	0.21	Debt	Long	USA
Quicken Loans LLC / Quicken Loans Co-Issuer Inc	16.04 mm	17.40 mm principal	0.21	Debt	Long	USA
CLF Cleveland-Cliffs Inc.	16.04 mm	16.00 mm principal	0.21	Debt	Long	USA
Performance Food Group Inc	15.95 mm	17.02 mm principal	0.21	Debt	Long	USA
Stena International SA	15.82 mm	15.23 mm principal	0.21	Debt	Long	Luxembourg
Wynn Resorts Finance LLC / Wynn Resorts Capital Corp	15.74 mm	14.95 mm principal	0.20	Debt	Long	USA
Ardagh Packaging Finance PLC / Ardagh Holdings USA Inc	15.69 mm	26.10 mm principal	0.20	Debt	Long	XX
Dolya Holdco 18 DAC	15.69 mm	16.35 mm principal	0.20	Debt	Long	Ireland
Mozart Debt Merger Sub Inc	15.66 mm	16.73 mm principal	0.20	Debt	Long	USA
PATK Patrick Industries, Inc.	15.59 mm	15.75 mm principal	0.20	Debt	Long	USA
Univision Communications Inc	15.46 mm	15.20 mm principal	0.20	Debt	Long	USA
Aethon United BR LP / Aethon United Finance Corp	15.42 mm	15.30 mm principal	0.20	Debt	Long	USA
White Cap Parent LLC	15.40 mm	15.38 mm principal	0.20	Debt	Long	USA
IHO Verwaltungs GmbH	15.29 mm	15.23 mm principal	0.20	Debt	Long	Germany
ABG Asbury Automotive Group, Inc.	15.25 mm	16.27 mm principal	0.20	Debt	Long	USA
Terrier Media Buyer Inc	15.21 mm	20.95 mm principal	0.20	Debt	Long	USA
Illuminate Buyer LLC / Illuminate Holdings IV Inc	15.11 mm	14.90 mm principal	0.20	Debt	Long	USA
RBLX Roblox Corporation	15.04 mm	16.60 mm principal	0.20	Debt	Long	USA
Vmed O2 UK Financing I PLC	15.02 mm	17.33 mm principal	0.20	Debt	Long	UK
Hess Midstream LP	14.98 mm	15.30 mm principal	0.19	Debt	Long	USA
NCR Atleos Escrow Corp	14.81 mm	13.45 mm principal	0.19	Debt	Long	USA
DISH DBS Corp	14.78 mm	22.18 mm principal	0.19	Debt	Long	USA
TILE Interface, Inc.	14.63 mm	14.93 mm principal	0.19	Debt	Long	USA
Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer	14.57 mm	14.68 mm principal	0.19	Debt	Long	USA
Rockcliff Energy II LLC	14.53 mm	15.38 mm principal	0.19	Debt	Long	USA
Standard Industries Inc/NJ	14.46 mm	15.73 mm principal	0.19	Debt	Long	USA
TransDigm Inc	14.24 mm	13.93 mm principal	0.19	Debt	Long	USA
Sinclair Television Group Inc	14.20 mm	15.95 mm principal	0.18	Debt	Long	USA
TGNA TEGNA Inc.	14.09 mm	15.08 mm principal	0.18	Debt	Long	USA
JB Poindexter & Co Inc	13.94 mm	13.28 mm principal	0.18	Debt	Long	USA
Nexstar Escrow Inc	13.87 mm	14.10 mm principal	0.18	Debt	Long	USA
Owens-Brockway Glass Container Inc	13.79 mm	14.08 mm principal	0.18	Debt	Long	USA
Mauser Packaging Solutions Holding Co	13.76 mm	13.38 mm principal	0.18	Debt	Long	USA
CHS/Community Health Systems Inc	13.71 mm	15.70 mm principal	0.18	Debt	Long	USA
TransDigm Inc	13.65 mm	14.28 mm principal	0.18	Debt	Long	USA
Allied Universal Holdco LLC	13.62 mm	13.38 mm principal	0.18	Debt	Long	USA
Affinity Gaming	13.62 mm	16.58 mm principal	0.18	Debt	Long	USA
NAVI Navient Corporation	13.57 mm	14.23 mm principal	0.18	Debt	Long	USA
Albertsons Cos LLC / Safeway Inc / New Albertsons LP / Albertson's LLC	13.31 mm	13.28 mm principal	0.17	Debt	Long	USA
WESCO Distribution Inc	13.24 mm	12.90 mm principal	0.17	Debt	Long	USA
AHP Health Partners Inc	13.22 mm	13.63 mm principal	0.17	Debt	Long	USA
CPNLQ Calpine Corp	13.22 mm	14.65 mm principal	0.17	Debt	Long	USA
Watco Cos LLC / Watco Finance Corp	13.13 mm	12.73 mm principal	0.17	Debt	Long	USA
RHP Hotel Properties LP / RHP Finance Corp	13.09 mm	12.93 mm principal	0.17	Debt	Long	USA
Standard Industries Inc/NJ	13.08 mm	15.05 mm principal	0.17	Debt	Long	USA
VZ Secured Financing BV	13.06 mm	14.53 mm principal	0.17	Debt	Long	Netherlands
Hilton Domestic Operating Co Inc	13.04 mm	13.00 mm principal	0.17	Debt	Long	USA
Raptor Acquisition Corp / Raptor Co-Issuer LLC	13.03 mm	13.13 mm principal	0.17	Debt	Long	USA
NCL Corp Ltd	13.02 mm	13.03 mm principal	0.17	Debt	Long	Bermuda
Sirius XM Radio Inc	13.01 mm	15.13 mm principal	0.17	Debt	Long	USA
WR Grace Holdings LLC	12.97 mm	14.03 mm principal	0.17	Debt	Long	USA