Federated High Income Bond Fund, Inc. (C) FHICX

Share Classes Product Type Asset Class Category
Mutual Fund Fixed Income High Yield Bond
As of 10-31-2015


  • Pursues a high level of current income.
  • Invests in high-yield, lower-rated corporate bonds.
  • Offers the potential for attractive relative total returns in economic recoveries through ratings upgrades or improved performance of issuing companies.
  • Provides portfolio diversification; historically, high-yield bond performance has not been correlated to other types of bonds.
  • Features a track record of more than 35 years; consistent management since 1987.

Key Investment Team


Symbol   FHICX
Fund Number(s)   242
Newspaper Listing   HiIncBdC
CUSIP   314195306
Benchmark   Barclays U.S. Corporate High Yield 2% Issuer Capped Index
Performance Inception Date   05-01-1993
Fiscal Year-End   3-31

Morningstar Category & Style

disclosures »
Category High Yield Bond