IMPORTANT
INFORMATION REGARDING
THE FEDERATED HERMES FUNDS
SUPPLEMENT TO CURRENT
PROSPECTUSES
Please add the following
disclosure to the section entitled “What are the Fund’s Principal Investments?”, under the sub-section “Other Investments, Transactions, Techniques”:
“Additional Information Regarding the Security Selection Process
As part of analysis
inherent in its security selection process, among other factors, the Adviser also evaluates whether environmental, social and governance factors could have positive or negative impact on the risk profiles of many
issuers or guarantors in the universe of securities in which the Fund may invest. The Adviser may also consider information derived from active engagements conducted by its in-house stewardship team with certain
issuers or guarantors. This qualitative analysis does not automatically result in including or excluding specific securities but is used by Federated Hermes as an additional input to improve portfolio risk/return
characteristics.”
The Federated Hermes Funds include
the following registrants and funds and all of their share classes:
FEDERATED HERMES FIXED INCOME
SECURITIES, INC.
Federated Hermes
Strategic Income Fund
FEDERATED HERMES HIGH INCOME
BOND FUND, INC.
FEDERATED HERMES HIGH YIELD
TRUST
Federated Hermes
Equity Advantage Fund
Federated Hermes Opportunistic High Yield Bond Fund
Federated Hermes Income
Securities Trust
Federated Hermes
Intermediate Corporate Bond Fund
Federated Hermes Floating Rate Strategic Income Fund
Federated Hermes Short-Term Income Fund
Federated Hermes Institutional
Trust
Federated Hermes
Institutional High Yield Bond Fund
Federated Hermes Short-Intermediate Total Return Bond Fund
Federated Hermes Insurance
Series
Federated Hermes
High Income Bond Fund II
Federated Hermes Quality Bond Fund II
Federated Hermes International
Series, Inc.
Federated Hermes
Global Total Return Bond Fund