Federated Hermes SDG Engagement High Yield Credit Fund Institutional Shares NMFQS:FHHIX

The fund pursues its investment objective by investing primarily in a diversified portfolio of high yield fixed-income securities (also known as “junk bonds”), which include debt securities issued by U.S. or foreign businesses (including emerging market debt securities). It will invest its assets so that at least 80% of its net assets (plus any borrowings for investment purposes) are invested in fixed-income investments rated below investment-grade.