Exhibit 28 (a) under Form N-1A
Exhibit 3 (i) under Item 601/Reg. S-K

 

ARTICLES OF RESTATEMENT

 

OF

 

LIBERTY HIGH INCOME BOND FUND, INC.

 

Liberty High Income Bond Fund, Inc., a Maryland Corporation (the “Corporation”, having its principal office in Baltimore, Maryland, hereby certifies to the State Department of Assessments and Taxation that:

 

FIRST: The Corporation desires to restate its Charter as currently in effect. The Charter as restated is as follows:

 

FIRST: The name of the corporation is Liberty High Income Bond Fund, Inc.

 

SECOND: The purpose for which the Corporation is formed is to act as an open-end investment company of the management type registered as such with the Securities and Exchange Commission pursuant to the Investment Company Act of 1940 and to exercise and generally to enjoy all of the powers, rights and privileges granted to, or conferred upon, corporations by the General Laws of the State of Maryland now or hereafter in force.

 

THIRD: The post office address of the principal office and the office of the resident agent of the Corporation in the State of Maryland is 32 South Street, Baltimore, Maryland 21202. The resident agent of the Corporation in the state of Maryland is THE CORPORATION TRUST INCORPORATED, which is a corporation organized and existing under the laws of the State of Maryland.

 

FOURTH: (a) The Corporation is authorized to issue 10,000,000,000 shares of common stock, par value $0.001 per share. The aggregate par value of all shares which the Corporation is authorized to issue is $10,000,000. Subject to the following paragraph, the authorized shares are classified as separate classes of common stock, with 4,000,000,000 classified into each of Class A and Class C shares, and 2,000,000,000 unclassified shares.

 

(b) The Board of Directors is authorized to classify or to reclassify (i.e., into series and classes of series), from time to time, any unissued shares of stock of the Corporation, whether now or hereafter authorized, by setting, changing or eliminating the preferences, conversion or other rights, voting powers, restrictions, limitations as to dividends, qualifications or terms or conditions of or rights to require redemption of the stock.

 

Unless otherwise provided by the Board of Directors prior to the issuance of the stock, the shares of each class or series of stock shall be subject to the following:

 

(i) The Board of Directors may redesignate a class or series of stock whether or not share of such class or series are issued and outstanding, provided that such redesignation does not affect the preferences, conversion or other rights, voting powers, restrictions, limitations as to dividends, qualifications or terms or conditions of redemption of such class or series of stock.

 

(ii) The assets attributable to each class or series may be invested in a common investment portfolio. The assets and liabilities and the income and expenses of each class or series of the Corporation’s stock shall be determined separately and, accordingly, the net asset value of shares of the Corporation’s stock may vary among classes or series. The income or gain and the expenses or liabilities of the Corporation shall be allocated to each class or series of stock as determined by or under the direction of the Board of Directors.

 

(iii) Shares of each class or series of stock shall be entitled to such dividends or distributions, in stock or in cash or both, as may be declared from time to time by the Board of Directors with respect to such class or series. Dividends or distributions shall be paid on shares of a class or series of stock only out of the assets belonging to that class or series.

 

(iv) In the event of the liquidation or dissolution of the Corporation, the stockholders of a class or series of the Corporation’s stock shall be entitled to receive, as a class or series, out of the assets of the Corporation available for distribution to stockholders, the assets belonging to that class or series less the liabilities allocated to that class or series. The assets so distributable to the stockholders of a class or series shall be distributed among such stockholders in proportion to the number of shares of that class or series held by them and recorded on the books of the Corporation. In the event that there are any assets available for distribution that are not attributable to any particular class or series of stock, such assets shall be allocated to all classes and series in proportion to the net asset value of the respective classes or series.

 

(v) All holders of shares of stock vote as a single class or series except with respect to any matter which affects only one or more classes or series of stock, in which case only the holders of shares of the classes or series affected shall be entitled to vote.

 

(c) The Corporation may issue fractional shares. Any fractional shares shall carry proportionately all the rights of a whole share, except any right to receive a certificate evidencing such fractional share, but including, without limitation, the right to vote and the right receive dividends.

 

FIFTH: (a) The number of Directors of the Corporation shall be three, or such other number as may be from time to time fixed in the manner provided by the By-Laws of the Corporation but shall never be less than three (3).

 

(b) The names of the Directors who are currently in office are:

 

John F. Donahue Edward L. Flaherty, Jr.
John T. Conroy, Jr. Peter E. Madden
William J. Copeland Gregor F. Meyer
J. Christopher Donahue Wesley W. Posvar
James E. Dowd Marjorie P. Smuts
Lawrence D. Ellis, M.D.  

 

SIXTH: The Board of Directors is empowered to authorize the issuance from time to time of shares of Capital Stock of the Corporation and/or securities convertible into shares of its Capital Stock, whether now or hereafter authorized, upon such terms and conditions and for such consideration as the Board of Directors may from time to time determine; provided, however, that the consideration per share to be received by the Corporation upon the issuance or sale of any shares fo its Capital Stock shall be not less than the greater of the par value per share or the net asset value per share determined in accordance with the requirements of the Investment Company Act of 1940 and the applicable rules and regulations of the Securities and Exchange Commission (or any succeeding governmental authority) and in conformity with generally accepted accounting practices and principles.

 

SEVENTH: (a) To the extent the Corporation has funds or property legally available therefor, each Stockholder of the Corporation shall have the right at such times as may be permitted by the Corporation, but no less frequently than once a week, to require the Corporation to redeem all or any part of his shares at a redemption price equal to the net asset value per share of Capital Stock next determined after the shares are tendered for redemption; said determination of the net asset value per share to be made in accordance with the requirements of the Investment Company Act of 1940 and the applicable rules and regulations of the Securities and Exchange Commission (or any succeeding government authority) and in conformity with generally accepted accounting practices and principles.

 

Notwithstanding the foregoing, the Corporation may postpone payment or deposit of the redemption price and may suspend the right of the holders of Capital Stock to require the Corporation to redeem shares of such Capital Stock during any period when (i) the New York Stock Exchange is closed for other than weekends and holidays; (ii) the Securities and Exchange Commission has by order permitted such suspension; (iii) an emergency as defined by rules of the Securities and Exchange Commission exists, making disposal of portfolio securities or valuation of net assets of the Corporation not reasonably practicable; or (iv) trading on the New York Stock Exchange is restricted under the conditions set forth in the rules and regulations of the Securities and Exchange Commission.

 

(b)       The Corporation shall have the right, exercisable at the discretion of the Board of Directors, to redeem shares of any shareholder for their then current net asset value per Share if at such time the shareholder owns shares having an aggregate net asset value of less than $1,000.00

 

(c)       Each share of Capital Stock is subject to redemption by the Corporation at the redemption price computed in the manner set forth in subparagraph (a) of Article SEVENTH of this Charter at any time if the Board of Directors, in its sole discretion, determines that failure to so redeem may result in the Corporation being classified as a personal holding company as defined in the Internal Revenue Code.

 

(d)       Transfer of Capital Stock will be recorded on the stock transfer records of the Corporation at the request of the holders thereof at any time during normal business hours of the Corporation, unless the Board of Directors of the Corporation determines, in its sole discretion, that allowing such transfer may result in the Corporation being classified as a personal holding company as defined in the Internal Revenue Code.

 

EIGHTH: The following provisions are hereby adopted for the purpose of defining, limiting, and regulating the powers of the Corporation and of the Directors and Stockholders:

 

(a)       No Stockholder of the Corporation shall have any pre-emptive or preferential right of subscription to any shares of any class whether now or hereafter authorized. The Board of Directors may issue shares of Capital Stock of the Corporation without offering the same either in whole or in part to the Stockholders.

 

(b)       Capital Stock of the Corporation may be purchased, held and disposed of by the Officers and Directors of the Corporation, by partnerships of which any such Officer or Director may be a member and by corporations of which any Officer or Director of the Corporation may be an officer or director. Except as above set forth, or authorized by the Securities and Exchange Commission, the Officers and Directors of the Corporation and partnerships or corporations which are affiliates of the Officers and Directors may not deal with the Corporation as principals in the purchase or sale of any securities or other property.

 

(c)       The Corporation may enter into exclusive or non-exclusive underwriting contracts or contracts for the sale of its shares and may also enter into contracts for investment advisory, management and administrative services. The terms and conditions, methods of authorization, renewal, amendment and termination of the aforesaid contracts shall be as determined at the discretion of the Board of Directors; subject, however, to the provisions of the Charter of the Corporation, the By-Laws of the Corporation, applicable state law, and the Investment Company Act of 1940 and the rules and regulations of the Securities and Exchange Commission.

 

(d)       Except as otherwise provided by law or by the Charter of the Corporation, no contract or other transaction between the Corporation and any person, partnership or corporation and no act of the Corporation shall in any way be affected or invalidated by the fact that any Officer or Director of the Corporation is pecuniarily or otherwise interested therein or is such person or a member, officer or director of such partnership or other corporation, provided, that the fact of such interest shall be known to the Board of Directors of the Corporation. Specifically, but without limitation of the foregoing, the Corporation may:

 

(i)       Enter into a written underwriting contract, management contract or contracts for research and advisory services with Federated Research Corp., or its parent, affiliates or subsidiaries thereof, or their respective successors, or otherwise do business with such corporation, notwithstanding the fact that one or more of the Directors of the Corporation and some or all of its Officers are, have been, or may become Directors, Officers, Employees or Stockholders of Federated Research Corp. or its parent, affiliates or subsidiaries or successors, and in the absence of actual fraud the Corporation may deal freely with Federated Research Corp. or its parent, affiliates, subsidiaries or successors, and neither such underwriting contract, management contract or contract for research or advisory services nor any other contract or transaction between the Corporation and Federated Research Corp. or its parent, affiliates, subsidiaries or successors shall be invalidated or in anywise affected thereby, nor shall any Director or Officer of the Corporation be liable to the Corporation or any Stockholder or creditor of the Corporation or to any other person for any loss incurred under or by reason of any such contract or transaction. Anything in the foregoing notwithstanding, no officer or director or underwriter or investment adviser of the Corporation shall be protected against any liability to the Corporation or to its security holders to which he would otherwise be subject by reason of willful misfeasance, bad faith, gross negligence or reckless disregard of the duties involved in the conduct of this office;

 

(e)       No Officer or Director of the Corporation or of any investment advisory company or management company, nor the Corporation itself, nor such investment advisory or management company or underwriter of the Corporation shall take long or short positions in respect of any shares issued by the Corporation; provided, however, that such prohibition shall not prevent:

 

(i)       Any underwriter from purchasing from the Corporation shares of Capital Stock issued by the Corporation, provided that orders to purchase from the Corporation are entered with the Corporation by such underwriter either for investment or upon receipt by it of purchase orders for shares of stock of the Corporation, and provided such purchases are not in excess of purchase orders received by such underwriter;

 

(ii)       The Corporation or any distributor or underwriter from maintaining a market for shares of capital stock issued by the Corporation;

 

(iii)       The purchase from the Corporation of shares of Capital Stock of the Corporation by the Officers or Directors of the Corporation or of any investment advisory, management company or underwriter or distributor of the Corporation at the prices available to the public or as authorized by the Securities Exchange Commission at the moment of such purchase.

 

(f)       The Corporation shall indemnify its Officers, Directors, employees and agents and any person who serves at the request of the Corporation as a Director, Officer, employee or agent of another Corporation, partnership, joint venture, trust or other enterprise to the extent permitted by Maryland law as amended from time to time.

 

(g)       The Board of Directors shall, subject to the laws of Maryland, have the power to determine, from time to time, whether and to what extent and at what times and places and under what conditions and regulations any accounts and books of the Corporation, or any of them, shall be open to the inspection of the Stockholders.

 

(h)       Notwithstanding any provision of law requiring a greater proportion than a majority of the votes of all classes or of any class of stock entitled to be cast, to take or authorize any action, the Corporation may take or authorize any such action upon the concurrence of a majority of the aggregate number of the votes entitled to be cast thereon.

 

(i)       The Corporation reserves the right from time to time to make any amendment of its Charter now or hereafter authorized by law, including any amendment which alters the contract rights, as expressly set forth in its Charter, of any outstanding shares of Capital Stock.

 

(j)       In addition to the powers and authority conferred upon them by the Charter of the Corporation or by law, the Board of Directors may exercise all such powers and authority and do all such acts and things as may be exercised or done by the Corporation, subject, nevertheless, to the provisions of applicable state law and the Charter and By-Laws of the Corporation.

 

(k)       The Board of Directors is expressly authorized to determine in accordance with generally accepted accounting principles and practices what constitutes net profits, earning, surplus or net assets in excess of capital, and to determine what accounting periods shall be used by the Corporation for any purpose, whether annual or any other period, including daily; to set apart out of any funds of the Corporation such reserves for such purposes as it shall determine and to abolish the same; to declare and pay dividends and distributions in cash, securities or other property from surplus or any funds legally available therefor, at such intervals (which may be as frequently as daily) or on such other periodic basis, as it shall determine; to declare such dividends or distributions by means of a formula or other method of determination, at meetings held less frequently than the frequency of the effectiveness of such declarations; to establish payment dates for dividends or any other distributions on any basis, including dates occurring less frequently than the effectiveness of declarations thereof; and to provide for the payment of declared dividends on a date earlier or later than the specified payment date in the case of Stockholders of the Corporation redeeming their entire ownership of shares of the Corporation.

 

NINTH: The Corporation acknowledges that it is adopting its corporate name through permission of Federated Investors, Inc., a Pennsylvania corporation and agrees that Federated Investors, Inc. reserves to itself and any successor to its business the right to withdraw from the Corporation the use of the name “Federated” and reserves to itself and any successor to its business the right to grant the non-exclusive right to use the name “Federated” or any similar name to any other investment company or business enterprise.

 

TENTH: The duration of the Corporation shall be perpetual.

 

SECOND:       The restatement of the Charter was approved by a majority of the entire Board of Directors.

 

THIRD:       The provisions set forth in these Articles of Restatement are all the provisions of the Charter currently in effect. The current address of the principal office of the Corporation, the name and address of the Corporation’s current resident agent and the number of directors of the Corporation and the names of those currently in office are as stated above.

 

FOURTH:       The Charter is not amended by these Articles of Restatement.

 

IN WITNESS WHEREOF, Liberty High Income Bond Fund, Inc. has caused these Articles of Restatement to be signed in its name and on its behalf by its President and attested by its Assistant Secretary on April 30, 1993. The undersigned President acknowledges these Articles of Restatement to be the corporate act of the Corporation and states to the best of his knowledge, information and belief that the matters and facts set forth herein with respect to authorization and approval are true in all material respects and that this statement is made under the penalties of perjury.

 

WITNESS: LIBERTY HIGH INCOME BOND FUND, INC.
   
   
/s/ Charles H. Field By:  /s/ Richard B. Fisher
 
 

 

LIBERTY HIGH INCOME BOND FUND, INC.

 

ARTICLES SUPPLEMENTARY

 

 

LIBERTY HIGH INCOME BOND FUND, INC., a Maryland corporation having its principal offices in Baltimore, Maryland (hereinafter called the “Corporation”), hereby certifies:

 

FIRST: The Board of Directors hereby reclassifies 200,000,000,000 of the authorized by unissued shares of common stock of the Corporation as 200,000,000,000 shares of Select Shares.

 

SECOND: The shares of Common Stock reclassified hereby shall have the preferences, conversion and other rights, voting powers, restrictions, limitations as to dividends, qualifications, and terms and conditions of redemption as set forth in Article FOUR, paragraph (b) of the Corporation’s charter and shall be subject to all provisions of the charter relating to stock of the Corporation generally.

 

THIRD: The Stock has been reclassified by the Board of Directors under the authority contained in the charter of the Corporation.

 

IN WITNESS WHEREOF, Liberty High Income Bond Fund, Inc. has caused these presents to be signed in its name and on its behalf by its President and witnessed by its Assistant Secretary on November 20, 1993.

 

The undersigned, Richard B. Fisher, President of the Corporation, hereby acknowledges in the name and on behalf of the Corporation the foregoing Articles Supplementary to be its corporate act and further certifies to the best of his knowledge, information and belief, that the matters and facts set forth herein with respect to the authorization and approval hereof are true in all material respects and that this statement is made under the penalties of perjury.

 

ATTEST: LIBERTY HIGH INCOME BOND
  FUND, INC.
   
   
/s/ S. Elliott Cohan By:  /s/ Richard B. Fisher
S. Elliott Cohan Richard B. Fisher
Assistant Secretary President

 

 
 

 

LIBERTY HIGH INCOME BOND FUND, INC.

 

CERTIFICATE OF CORRECTION

 

 

The undersigned, President of LIBERTY HIGH INCOME BOND FUND, INC. (“the Corporation”), hereby certifies the following:

 

• that the Liberty High Income Bond Fund, Inc., Articles Supplementary signed by Richard B. Fisher, President of the Corporation, and attested by S. Elliott Cohan, Assistant Secretary of the Corporation, filed on

January 10, 1994, is incorrect.

 

• that the provision in the document that is incorrect reads:

 

• "The Board of Directors hereby reclassifies 200,000,000,000 of the authorized but unissued shares of common stock of the Corporation as 200,000,000,000 shares of Select Shares."

 

• that this provision should read:

 

• "The Board of Directors hereby reclassifies 2,000,000,000 of the authorized but unissued shares of common stock of the Corporation as 2,000,000,000 shares of Select Shares."

 

IN WITNESS WHEREOF, Liberty High Income Bond Fund, Inc. has caused these presents to be signed in its name and on its behalf by its President and witnessed by its Assistant Secretary on July 29, 1994.

 

The undersigned, Richard B. Fisher, President of the Corporation, hereby acknowledges in the name and on behalf of the Corporation the foregoing Certificate of Correction to be representative of its corporate act and further certifies to the best of his knowledge, information and belief, that the matters and facts set forth herein with respect to the authorization and approval hereof are true in all material respects and that this statement is made under the penalties of perjury.

 

ATTEST: LIBERTY HIGH INCOME BOND
  FUND, INC.
   
   
   
/s/ Charles H. Field By:/s/ Richard B. Fisher
Charles H. Field Richard B. Fisher
Assistant Secretary President
 
 

 

LIBERTY HIGH INCOME BOND FUND, INC.

 

ARTICLES SUPPLEMENTARY

 

 

 

LIBERTY HIGH INCOME BOND FUND, INC., a Maryland corporation having its principal offices in Baltimore, Maryland (hereinafter called the “Corporation”), hereby certifies:

 

FIRST: The Board of Directors hereby reclassifies 2,000,000,000 Select shares as 2,000,000,000 of the authorized but unissued shares of common stock of the Corporation as 2,000,000,000 shares of Class C Shares.

 

SECOND: The shares of Common Stock reclassified hereby shall have the preferences, conversion and other rights, voting powers, restrictions, limitations as to dividends, qualifications, and terms and conditions of redemption as set forth in Article FOUR, paragraph (b) of the Corporation’s charter and shall be subject to all provisions of the charter relating to stock of the Corporation generally.

 

THIRD: The stock has been reclassified by the Board of Directors under the authority contained in the charter of the Corporation.

 

IN WITNESS WHEREOF, Liberty High Income Bond Fund, Inc. has caused these presents to be signed in its name and on its behalf by its President and witnessed by its Assistant Secretary on July 29, 1994.

 

The undersigned, Richard B. Fisher, President of the Corporation, hereby acknowledges in the name and on behalf of the Corporation the foregoing Articles Supplementary to be its corporate act and further certifies to the best of his knowledge, information and belief, that the matters and facts set forth herein with respect to the authorization and approval hereof are true in all material respects and that this statement is made under the penalties of perjury.

 

ATTEST: LIBERTY HIGH INCOME BOND
  FUND, INC.
   
   
   
/s/ Charles H. Field By:/s/ Richard B. Fisher
Charles H. Field Richard B. Fisher
Assistant Secretary President
 
 

 

LIBERTY HIGH INCOME BOND FUND, INC.

 

ARTICLES SUPPLEMENTARY

 

 

 

LIBERTY HIGH INCOME BOND FUND, INC., a Maryland corporation having its principal offices in Baltimore, Maryland (hereinafter called the “Corporation”), hereby certifies:

 

FIRST: The Board of Directors hereby reclassifies 2,000,000,000 of the authorized but unissued shares of Class C shares of the Corporation as 2,000,000,000 shares of Class B Shares.

 

SECOND: The shares of Common Stock reclassified hereby shall have the preferences, conversion and other rights, voting powers, restrictions, limitations as to dividends, qualifications, and terms and conditions of redemption as set forth in Article FOUR, paragraph (b) of the Corporation’s charter and shall be subject to all provisions of the charter relating to stock of the Corporation generally.

 

THIRD: The stock has been reclassified by the Board of Directors under the authority contained in the charter of the Corporation.

 

IN WITNESS WHEREOF, Liberty High Income Bond Fund, Inc. has caused these presents to be signed in its name and on its behalf by its President and witnessed by its Assistant Secretary on September 27, 1994.

 

The undersigned, Richard B. Fisher, President of the Corporation, hereby acknowledges in the name and on behalf of the Corporation the foregoing Articles Supplementary to be its corporate act and further certifies to the best of his knowledge, information and belief, that the matters and facts set forth herein with respect to the authorization and approval hereof are true in all material respects and that this statement is made under the penalties of perjury.

 

ATTEST: LIBERTY HIGH INCOME BOND
  FUND, INC.
   
   
   
/s/ Charles H. Field By:/s/ Richard B. Fisher
Charles H. Field Richard B. Fisher
Assistant Secretary President
 
 

 

LIBERTY HIGH INCOME BOND FUND, INC.

 

ARTICLES OF AMENDMENT

 

 

LIBERTY HIGH INCOME BOND FUND, INC., a Maryland corporation having post office addresses in the City of Pittsburgh, Pennsylvania and the City of Baltimore, Maryland (hereinafter called the "Corporation"), hereby certifies to the State Department of Assessments and Taxation of Maryland that:

 

FIRST: The Articles of Incorporation of the Corporation are hereby amended by striking Article FIRST and inserting the following in its place:

 

"FIRST: The name of the Corporation is Federated High Income Bond Fund, Inc."

 

SECOND: The Board of Directors, in accordance with the authority granted under subparagraph (b)(i) of paragraph FOURTH of the Corporation’s Articles of Restatement, dated April 30, 1993, hereby redesignates the classes of authorized shares of common stock of the Corporation as:

 

Federated High Income Bond Fund, Inc. Class A Shares

Federated High Income Bond Fund, Inc. Class B Shares

Federated High Income Bond Fund, Inc. Class C Shares

 

THIRD: The foregoing amendment to the charter of the Corporation was approved by a majority of the entire Board of Directors of the Corporation; the charter amendment is limited to a change expressly permitted by Section 2-605 of the Maryland General Corporation Law to be made without action by stockholders; and the Corporation is registered as an open-end company under the Investment Company Act of 1940, as amended.

 

FOURTH: These Articles of Amendment will become effective immediately upon filing with the State Department of Assessments and Taxation of Maryland.

 

IN WITNESS WHEREOF, Liberty High Income Bond Fund, Inc. has caused these presents to be signed in its name and on its behalf by its Secretary and witnessed by its Assistant Secretary on March 29, 1996.

 

 
 

The undersigned, John W. McGonigle, Executive Vice President and Secretary of the Corporation, hereby acknowledges in the name and on behalf of the Corporation the foregoing Articles of Amendment to be its corporate act and further certifies to the best of his knowledge, information and belief, that the matters and facts set forth herein with respect to the authorization and approval hereof are true in all material respects and that this statement is made under the penalties of perjury.

 

 

  LIBERTY HIGH INCOME
ATTEST BOND FUND, INC.
   
   
   
/s/ Charles H. Field /s/ John W. McGonigle
Charles H. Field John W. McGonigle
Assistant Secretary Executive Vice President and Secretary
 
 

 

FEDERATED HIGH INCOME BOND FUND, INC.

 

CERTIFICATE OF CORRECTION

 

Federated High Income Bond Fund, Inc., a Maryland corporation, having its principal office in Maryland in the City of Baltimore, Maryland (hereinafter called the “Corporation”), hereby certifies to the State Department of Assessments and Taxation of Maryland that:

 

FIRST: The title of the document being corrected is “Articles Supplementary.”

 

SECOND: The only party to the document being corrected is Federated High Income Bond Fund, Inc. (formerly, Liberty High Income Bond Fund, Inc.).

 

THIRD: The document being corrected was filed with the State Department of Assessments and Taxation on October 24, 1994.

 

FOURTH: (1) Article SECOND in the document as previously filed reads as follows:

 

SECOND:       The shares of Common Stock reclassified hereby shall have the preferences, conversion and other rights, voting powers, restrictions, limitations as to dividends, qualifications, and terms and conditions of redemption as set forth in Article FOUR, paragraph (b) of the Corporation’s charter and shall be subject to all provisions of the charter relating to stock of the Corporation generally.

 

(2)       Article SECOND in the document as corrected reads as follows:

 

SECOND:       The shares of common stock reclassified hereby shall have the preferences, conversion and other rights, voting powers, restrictions, limitations as to dividends, qualifications, and terms and conditions of redemption as set forth in Article FOURTH, paragraph (b) of the Corporation’s charter and shall be subject to all provisions of the charter relating to stock of the Corporation generally and to the following:

 

At such times as may be determined by the Board of Directors (or with the authorization of the Board of Directors, by the Officers of the Corporation) in accordance with the Investment Company Act of 1940, as amended, applicable rules and regulations thereunder, and applicable rules and regulations of the National Association of Securities Dealers, Inc., and reflected in the pertinent registration statement of the Corporation, Class B Shares of the Corporation may be automatically converted into Class A Shares of the Corporation based on the relative net asset values of such classes at the time of the conversion, subject, however, to any conditions of conversion that may be imposed by the Board of Directors (or with the authorization of the Board of Directors, by the Officers of the Corporation) and reflected in the pertinent registration statement of the Corporation as aforesaid.

 

IN WITNESS WHEREOF, the Corporation has caused these presents to be signed in its name and on its behalf by its Executive Vice President and witnessed by its Assistant Secretary on this 28th day of February, 1997.

 

 

The undersigned Executive Vice President acknowledges this Certificate of Correction to be the corporate act of the Corporation and as to all matters or facts required to be verified under oath the undersigned Executive Vice President acknowledges that to the best of his knowledge, information and belief, these matters and facts are true in all material respects and that this statement is made under the penalties for perjury.

 

 

WITNESSED FEDERATED HIGH INCOME BOND
  FUND, INC.
   
   
   
/s/ S. Elliott Cohan By:/s/ J. Christopher Donahue
S. Elliott Cohan J. Christopher Donahue
Assistant Secretary Executive Vice President

 

 
 

 

FEDERATED HIGH INCOME BOND FUND, INC.

 

CERTIFICATE OF CORRECTION

 

 

 

Federated High Income Bond Fund, Inc., a Maryland Corporation (the “Corporation”), hereby certifies that:

 

FIRST: The title of the document being corrected is “Articles Supplementary”.

 

SECOND: The only party to the document being corrected is Federated High Income Bond Fund, Inc.

 

THIRD: The Articles Supplementary were filed on August 24, 1994.

 

FOURTH: A. Article FIRST of the Articles Supplementary as filed August 24, 1994 read as follows:

 

“FIRST: The Board of Directors hereby reclassifies 2,000,000,000 Select shares as 2,000,000,000 of the authorized but unissued shares of common stock of the Corporation as 2,000,000,000 shares of Class C Shares.”

 

B. As corrected, Article FIRST of the Articles Supplementary read as follows:

 

“FIRST: The Board of Directors hereby reclassifies 2,000,000,000 Select shares as 2,000,000,000 shares of Class C Shares.”

 

IN WITNESS WHEREOF, Federated High Income Bond Fund, Inc. sas caused these presents to be signed in its name and on its behalf, as of April 11, 1997, by its duly authorized officers who acknowledge that this Certificate of Correction is the act of the Corporation, that to the best of their knowledge, information and belief, all matters and facts set forth herein are required to be executed under oath are true in all material respects, and that this statement is made under the penalties of perjury.

 

WITNESS: FEDERATED HIGH INCOME BOND
  FUND, INC.
   
   
/s/ S. Elliott Cohan By:  /s/ John W. McGonigle
S. Elliott Cohan John W. McGonigle
Assistant Secretary Executive Vice President
 
 

 

 

FEDERATED HIGH INCOME BOND FUND, INC.

 

ARTICLES OF AMENDMENT

 

 

FEDERATED HIGH INCOME BOND FUND, INC., a Maryland corporation (hereinafter called the “Corporation”), hereby certifies to the State Department of Assessments and Taxation that:

 

FIRST: The charter of the Corporation is amended by inserting, at the end of Article EIGHTH, new subparagraph (l), to read:

 

“(l) To the extent permitted under Maryland law, without the vote of the shares of any class of stock of the Corporation then outstanding, the Corporation may, upon approval of a majority of the Board of Directors, sell and convert into money all the assets of any class or series of the Corporation. Upon making provision for the payment of all outstanding obligations, taxes and other liabilities, accrued or contingent, belonging to the Corporation, or any class or series thereof, the Directors shall distribute the remaining assets of the Corporation ratably among the holders of the outstanding shares of the Corporation, or any affected class or series thereof.”

 

SECOND: The foregoing amendment to the charter of the Corporation was approved by the Board of Directors of the Corporation; and has been duly approved by shareholders of the Corporation at a special meeting of the shareholders held on November 18, 1999.

 

IN WITNESS WHEREOF, Federated High Income Bond Fund, Inc., has caused these Articles of Amendment to be signed in its name and on its behalf as of January 13, 2000, by its duly authorized officers, who acknowledge that these Articles of Amendment are the act of the Corporation, that to the best of their knowledge, information and belief, all matters and facts set forth therein relating to the authorization and approval of these Articles are true in all material respects, and that this statement is made under the penalties of perjury.

 

 

WITNESS: FEDERATED HIGH INCOME BOND
  FUND, INC.
   
/s/ C. Grant Anderson By:  /s/ J. Christopher Donahue
C. Grant Anderson J. Christopher Donahue
Assistant Secretary Executive Vice President

 

 
 

 

FEDERATED HIGH INCOME BOND FUND, INC.

ARTICLES SUPPLEMENTARY

 

Federated High Income Bond Fund, Inc., a Maryland corporation having its principal office in the City of Baltimore, Maryland and a registered open-end Company under the Investment Company Act of 1940 (the “Corporation”), hereby certifies to the State Department of Assessments and Taxation of Maryland that:

 

FIRST:       The Corporation is authorized to issue ten billion (10,000,000,000) shares of common stock, all of which have a par value of one tenth of one cent ($.001) per share, with an aggregate par value of $10,000,000. These Articles Supplementary do not increase the total authorized capital stock of the Corporation or the aggregate par value thereof.

 

SECOND:       The Board of Directors of the Corporation hereby reclassifies (i) 4,000,000,000 shares of the authorized and unissued shares of the shares of the Corporation into Federated High Income Bond Fund, Inc. Institutional Shares; and (ii) 4,000,000,000 shares of the authorized and unissued shares of the shares of the Corporation into Federated High Income Bond Fund, Inc. R6 Shares.

 

THIRD:       Immediately before the reclassification of shares as set forth in Article FOURTH hereto, the Corporation was authorized to issue ten billion (10,000,000,000) shares of common stock, all of which were of a par value of one tenth of one cent ($.001) per share having an aggregate par value of ten million dollars ($10,000,000) which were classified as follows:

 

Class Number of Shares
   
Federated High Income Bond Fund, Inc. 4,000,000,000
Class A Shares  
Federated High Income Bond Fund, Inc. 2,000,000,000
Class B Shares  
Federated High Income Bond Fund, Inc. 4,000,000,000
Class C Shares  

 

Following the aforesaid reclassification of shares as set forth in Article SECOND hereto, the Corporation will have the following authorized capital be authorized to issue ten billion (10,000,000,000) shares of common stock, all of which have a par value of one tenth of one cent ($.001) per share, with an aggregate par value of $10,000,000 classified as follows:

 

Class Number of Shares
   
Federated High Income Bond Fund, Inc. 750,000,000
Class A Shares  
Federated High Income Bond Fund, Inc. 100,000,000
Class B Shares  
Federated High Income Bond Fund, Inc. 400,000,000
Class C Shares  
Federated High Income Bond Fund, Inc. 4,000,000,000
Institutional Shares  
Federated High Income Bond Fund, Inc. 4,000,000,000
R6 Shares  
   
Unclassified Shares 750,000,000

 

 

FOURTH:       The shares of common stock of the Corporation reclassified hereby shall be subject to all of the provisions of the Corporation’s Charter relating to shares of stock of the Corporation generally and shall have the preferences, conversion and other rights, voting powers, restrictions, limitations as to dividends, qualifications, and terms and conditions of redemption set forth in Article FOURTH, paragraph (b) of the Articles of Incorporation of the Corporation and shall be subject to all provisions of the charter relating to stock of the Corporation generally.

 

FIFTH: The stock has been reclassified by the Board of Directors under the authority contained in the Charter of the Corporation.

 

SIXTH: These Articles Supplementary will become effective immediately upon filing with the State Department of Assessments and Taxation of Maryland.

 

IN WITNESS WHEREOF, the Corporation has caused these presents to be signed in its name and on its behalf by its President and Assistant Secretary on November 17, 2016. The undersigned President and Assistant Secretary acknowledge that these Articles Supplementary are the act of the Corporation, that to the best of their knowledge, information and belief, all matters and facts set forth herein relating to the authorization and approval of these Articles of Supplementary are true in all material respects and that this statement is made under the penalties of perjury.

 

WITNESS FEDERATED HIGH INCOME BOND FUND, INC.
   
   
   
/s/George F. Magera /s/J. Christopher Donahue
George F. Magera J. Christopher Donahue
Assistant Secretary President

 

 

 

 

 

 

FEDERATED HIGH INCOME BOND FUND, INC.

ARTICLES SUPPLEMENTARY

 

Federated High Income Bond Fund, Inc., a Maryland corporation having its principal office in the City of Baltimore, Maryland and a registered open-end Company under the Investment Company Act of 1940 (the “Corporation”), hereby certifies to the State Department of Assessments and Taxation of Maryland that:

 

FIRST:       The Corporation is authorized to issue ten billion (10,000,000,000) shares of common stock, all of which have a par value of one tenth of one cent ($.001) per share, with an aggregate par value of $10,000,000. These Articles Supplementary do not increase the total authorized capital stock of the Corporation or the aggregate par value thereof.

 

SECOND:       The Board of Directors of the Corporation hereby classifies (i) 500,000,000 shares of the authorized and unissued shares of the shares of the Corporation into Federated High Income Bond Fund, Inc. Class T Shares.

 

THIRD:       Immediately before the classification of shares as set forth in Article SECOND hereto, the Corporation was authorized to issue ten billion (10,000,000,000) shares of common stock, all of which were of a par value of one tenth of one cent ($.001) per share having an aggregate par value of ten million dollars ($10,000,000) which were classified as follows:

 

Class Number of Shares
   
Federated High Income Bond Fund, Inc. 750,000,000
Class A Shares  
Federated High Income Bond Fund, Inc. 100,000,000
Class B Shares  
Federated High Income Bond Fund, Inc. 400,000,000
Class C Shares  
Federated High Income Bond Fund, Inc. 4,000,000,000
Institutional Shares  
Federated High Income Bond Fund, Inc. 4,000,000,000
R6 Shares  
   
Unclassified Shares 750,000,000

 

 

Following the aforesaid classification of shares as set forth in Article SECOND hereto, the Corporation will have the following authorized capital be authorized to issue ten billion (10,000,000,000) shares of common stock, all of which have a par value of one tenth of one cent ($.001) per share, with an aggregate par value of $10,000,000 classified as follows:

 

Class Number of Shares
   
Federated High Income Bond Fund, Inc. 750,000,000
Class A Shares  
Federated High Income Bond Fund, Inc. 100,000,000
Class B Shares  
Federated High Income Bond Fund, Inc. 400,000,000
Class C Shares  
Federated High Income Bond Fund, Inc. 4,000,000,000
Institutional Shares  
Federated High Income Bond Fund, Inc. 4,000,000,000
R6 Shares  
Federated High Income Bond Fund, Inc. 500,000,000
Class T Shares  
   
Unclassified Shares 250,000,000

 

 

FOURTH:       The shares of common stock of the Corporation classified hereby shall be subject to all of the provisions of the Corporation’s Charter relating to shares of stock of the Corporation generally and shall have the preferences, conversion and other rights, voting powers, restrictions, limitations as to dividends, qualifications, and terms and conditions of redemption set forth in Article FOURTH, paragraph (b) of the Articles of Incorporation of the Corporation and shall be subject to all provisions of the charter relating to stock of the Corporation generally.

 

FIFTH: The stock has been classified by the Board of Directors under the authority contained in the Charter of the Corporation.

 

SIXTH: These Articles Supplementary will become effective immediately upon filing with the State Department of Assessments and Taxation of Maryland.

 

IN WITNESS WHEREOF, the Corporation has caused these presents to be signed in its name and on its behalf by its President and Assistant Secretary on February 22, 2017. The undersigned President and Assistant Secretary acknowledge that these Articles Supplementary are the act of the Corporation, that to the best of their knowledge, information and belief, all matters and facts set forth herein relating to the authorization and approval of these Articles of Supplementary are true in all material respects and that this statement is made under the penalties of perjury.

 

WITNESS FEDERATED HIGH INCOME BOND FUND, INC.
   
   
   
/s/ George F. Magera /s/ J. Christopher Donahue
George F. Magera J. Christopher Donahue
Assistant Secretary President

 

 

 

 

 

 

 

 

 

 
 

 

FEDERATED HIGH INCOME BOND FUND, INC.

 

ARTICLES OF AMENDMENT

 

 

 

FEDERATED HIGH INCOME BOND FUND, INC., a Maryland corporation having post office addresses in the City of Pittsburgh, Pennsylvania and the City of Baltimore, Maryland (hereinafter called the "Corporation"), hereby certifies to the State Department of Assessments and Taxation of Maryland that:

 

FIRST: The Articles of Incorporation of the Corporation are hereby amended by striking Article FIRST and inserting the following in its place:

 

"FIRST: The name of the Corporation is Federated Hermes High Income Bond Fund, Inc."

 

SECOND: The foregoing amendment to the charter of the Corporation was approved by a majority of the entire Board of Directors of the Corporation; the charter amendment is limited to a change expressly permitted by Section 2-605 of the Maryland General Corporation Law to be made without action by stockholders; and the Corporation is registered as an open-end company under the Investment Company Act of 1940, as amended.

 

THIRD: These Articles of Amendment will become effective immediately upon filing with the State Department of Assessments and Taxation of Maryland.

 

IN WITNESS WHEREOF, Federated High Income Bond Fund, Inc. has caused these presents to be signed in its name and on its behalf by its President and witnessed by its Assistant Secretary on June 18, 2020.

 

The undersigned, J. Christopher Donahue, President of the Corporation, hereby acknowledges in the name and on behalf of the Corporation the foregoing Articles of Amendment to be its corporate act and further certifies to the best of his knowledge, information and belief, that the matters and facts set forth herein with respect to the authorization and approval hereof are true in all material respects and that this statement is made under the penalties of perjury.

 

 

 

ATTEST Federated High Income Bond Fund, Inc.
   
   
/s/ George F. Magera /s/ J. Christopher Donahue
George F. Magera J. Christopher Donahue
Assistant Secretary President

 

 

 
 

 

 

FEDERATED HERMES HIGH INCOME BOND FUND, INC.

ARTICLES SUPPLEMENTARY

 

Federated Hermes High Income Bond Fund, Inc., a Maryland corporation having its principal office in the City of Baltimore, Maryland and a registered open-end Company under the Investment Company Act of 1940 (the “Corporation”), hereby certifies to the State Department of Assessments and Taxation of Maryland that:

 

FIRST:       The Corporation is authorized to issue ten billion (10,000,000,000) shares of common stock, all of which have a par value of one tenth of one cent ($.001) per share, with an aggregate par value of $10,000,000. These Articles Supplementary do not increase the total authorized capital stock of the Corporation or the aggregate par value thereof.

 

SECOND:       The Board of Directors of the Corporation hereby reclassifies 500,000,000 shares of the authorized and unissued shares of the shares of the Corporation Class T Shares as authorized but unclassified and unissued shares of the Corporation.

 

THIRD:       Immediately before the classification of shares as set forth in Article SECOND hereto, the Corporation was authorized to issue ten billion (10,000,000,000) shares of common stock, all of which were of a par value of one tenth of one cent ($.001) per share having an aggregate par value of ten million dollars ($10,000,000) which were classified as follows:

 

Class Number of Shares
   
Federated Hermes High Income Bond Fund, Inc. 750,000,000
Class A Shares  
Federated Hermes High Income Bond Fund, Inc. 100,000,000
Class B Shares  
Federated Hermes High Income Bond Fund, Inc. 400,000,000
Class C Shares  
Federated Hermes High Income Bond Fund, Inc. 4,000,000,000
Institutional Shares  
Federated Hermes High Income Bond Fund, Inc. 4,000,000,000
R6 Shares  
Federated Hermes High Income Bond Fund, Inc. 500,000,000
Class T Shares  
   
Unclassified Shares 250,000,000

 

Following the aforesaid classification of shares as set forth in Article SECOND hereto, the Corporation will have the following authorized capital be authorized to issue ten billion (10,000,000,000) shares of common stock, all of which have a par value of one tenth of one cent ($.001) per share, with an aggregate par value of $10,000,000 classified as follows:

 

Class Number of Shares
   
Federated Hermes High Income Bond Fund, Inc. 750,000,000
Class A Shares  
Federated Hermes High Income Bond Fund, Inc. 100,000,000
Class B Shares  
Federated Hermes High Income Bond Fund, Inc. 400,000,000
Class C Shares  
Federated Hermes High Income Bond Fund, Inc. 4,000,000,000
Institutional Shares  
Federated Hermes High Income Bond Fund, Inc. 4,000,000,000
R6 Shares  
   
Unclassified Shares 750,000,000

 

 

FOURTH:       The shares of common stock of the Corporation classified hereby shall be subject to all of the provisions of the Corporation’s Charter relating to shares of stock of the Corporation generally and shall have the preferences, conversion and other rights, voting powers, restrictions, limitations as to dividends, qualifications, and terms and conditions of redemption set forth in Article FOURTH, paragraph (b) of the Articles of Incorporation of the Corporation and shall be subject to all provisions of the charter relating to stock of the Corporation generally.

 

FIFTH: The stock has been classified by the Board of Directors under the authority contained in the Charter of the Corporation.

 

SIXTH: These Articles Supplementary will become effective immediately upon filing with the State Department of Assessments and Taxation of Maryland.

 

IN WITNESS WHEREOF, the Corporation has caused these presents to be signed in its name and on its behalf by its President and Assistant Secretary on November 18, 2020. The undersigned President and Assistant Secretary acknowledge that these Articles Supplementary are the act of the Corporation, that to the best of their knowledge, information and belief, all matters and facts set forth herein relating to the authorization and approval of these Articles of Supplementary are true in all material respects and that this statement is made under the penalties of perjury.

 

WITNESS FEDERATED HERMES HIGH INCOME BOND FUND, INC.
   
   
   
/s/ George F. Magera /s/ J. Christopher Donahue
George F. Magera J. Christopher Donahue
Assistant Secretary President
 
 

 

FEDERATED HERMES HIGH INCOME BOND FUND, INC.

ARTICLES SUPPLEMENTARY

 

Federated Hermes High Income Bond Fund, Inc., a Maryland corporation having its principal office in the City of Baltimore, Maryland and a registered open-end Company under the Investment Company Act of 1940 (the “Corporation”), hereby certifies to the State Department of Assessments and Taxation of Maryland that:

 

FIRST:       The Corporation is authorized to issue ten billion (10,000,000,000) shares of common stock, all of which have a par value of one tenth of one cent ($.001) per share, with an aggregate par value of $10,000,000. These Articles Supplementary do not increase the total authorized capital stock of the Corporation or the aggregate par value thereof.

 

SECOND:       The Board of Directors of the Corporation hereby reclassifies 100,000,000 shares of the authorized and unissued shares of the shares of the Corporation Class B Shares as authorized but unclassified and unissued shares of the Corporation.

 

THIRD:       Immediately before the classification of shares as set forth in Article SECOND hereto, the Corporation was authorized to issue ten billion (10,000,000,000) shares of common stock, all of which were of a par value of one tenth of one cent ($.001) per share having an aggregate par value of ten million dollars ($10,000,000) which were classified as follows:

 

Class Number of Shares
   
Federated Hermes High Income Bond Fund, Inc. 750,000,000
Class A Shares  
Federated Hermes High Income Bond Fund, Inc. 100,000,000
Class B Shares  
Federated Hermes High Income Bond Fund, Inc. 400,000,000
Class C Shares  
Federated Hermes High Income Bond Fund, Inc. 4,000,000,000
Institutional Shares  
Federated Hermes High Income Bond Fund, Inc. 4,000,000,000
R6 Shares  
   
Unclassified Shares 750,000,000

 

 

Following the aforesaid classification of shares as set forth in Article SECOND hereto, the Corporation will have the following authorized capital be authorized to issue ten billion (10,000,000,000) shares of common stock, all of which have a par value of one tenth of one cent ($.001) per share, with an aggregate par value of $10,000,000 classified as follows:

 

Class Number of Shares
   
Federated Hermes High Income Bond Fund, Inc. 750,000,000
Class A Shares  
Federated Hermes High Income Bond Fund, Inc. 400,000,000
Class C Shares  
Federated Hermes High Income Bond Fund, Inc. 4,000,000,000
Institutional Shares  
Federated Hermes High Income Bond Fund, Inc. 4,000,000,000
R6 Shares  
   
Unclassified Shares 850,000,000

 

 

FOURTH:       The shares of common stock of the Corporation classified hereby shall be subject to all of the provisions of the Corporation’s Charter relating to shares of stock of the Corporation generally and shall have the preferences, conversion and other rights, voting powers, restrictions, limitations as to dividends, qualifications, and terms and conditions of redemption set forth in Article FOURTH, paragraph (b) of the Articles of Incorporation of the Corporation and shall be subject to all provisions of the charter relating to stock of the Corporation generally.

 

FIFTH: The stock has been classified by the Board of Directors under the authority contained in the Charter of the Corporation.

 

SIXTH: These Articles Supplementary will become effective immediately upon filing with the State Department of Assessments and Taxation of Maryland.

 

IN WITNESS WHEREOF, the Corporation has caused these presents to be signed in its name and on its behalf by its President and Assistant Secretary on February 3, 2023. The undersigned President and Assistant Secretary acknowledge that these Articles Supplementary are the act of the Corporation, that to the best of their knowledge, information and belief, all matters and facts set forth herein relating to the authorization and approval of these Articles of Supplementary are true in all material respects and that this statement is made under the penalties of perjury.

 

WITNESS FEDERATED HERMES HIGH INCOME BOND FUND, INC.
   
   
   
/s/ George F. Magera /s/ J. Christopher Donahue
George F. Magera J. Christopher Donahue
Assistant Secretary President

 

 

 
 

 

FEDERATED HERMES HIGH INCOME BOND FUND, INC.

 

ARTICLES OF AMENDMENT

 

 

 

FEDERATED HERMES HIGH INCOME BOND FUND, INC., a Maryland corporation having post office addresses in the City of Pittsburgh, Pennsylvania and the City of Baltimore, Maryland (hereinafter called the "Corporation"), hereby certifies to the State Department of Assessments and Taxation of Maryland that:

 

FIRST: The Articles of Incorporation of the Corporation are hereby amended by striking Article FIRST and inserting the following in its place:

 

"FIRST: The name of the Corporation is Federated Hermes Sustainable High Yield Bond Fund, Inc."

 

SECOND: The foregoing amendment to the charter of the Corporation was approved by a majority of the entire Board of Directors of the Corporation; the charter amendment is limited to a change expressly permitted by Section 2-605 of the Maryland General Corporation Law to be made without action by stockholders; and the Corporation is registered as an open-end company under the Investment Company Act of 1940, as amended.

 

THIRD: These Articles of Amendment will become effective on May 26, 2023, upon filing with the State Department of Assessments and Taxation of Maryland.

 

IN WITNESS WHEREOF, Federated High Income Bond Fund, Inc. has caused these presents to be signed in its name and on its behalf by its President and witnessed by its Assistant Secretary on March 1, 2023.

 

The undersigned, J. Christopher Donahue, President of the Corporation, hereby acknowledges in the name and on behalf of the Corporation the foregoing Articles of Amendment to be its corporate act and further certifies to the best of his knowledge, information and belief, that the matters and facts set forth herein with respect to the authorization and approval hereof are true in all material respects and that this statement is made under the penalties of perjury.

 

 

 

ATTEST Federated Hermes High Income Bond Fund, Inc.
   
   
/s/ George F. Magera /s/ J. Christopher Donahue
George F. Magera J. Christopher Donahue
Assistant Secretary President