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Trending ETFs

Federated Hermes Short-Term Government Fund

mutual fund
FSGIX
Payout Change
Pending
Price as of:
$9.59 +0.0 +0.0%
primary theme
Short-Term U.S. Treasury Note
share class
S (FSGIX) Instl (FSGVX)
FSGIX (Mutual Fund)

Federated Hermes Short-Term Government Fund

Payout Change
Pending
Price as of:
$9.59 +0.0 +0.0%
primary theme
Short-Term U.S. Treasury Note
share class
S (FSGIX) Instl (FSGVX)
FSGIX (Mutual Fund)

Federated Hermes Short-Term Government Fund

Payout Change
Pending
Price as of:
$9.59 +0.0 +0.0%
primary theme
Short-Term U.S. Treasury Note
share class
S (FSGIX) Instl (FSGVX)

Name

As of 12/20/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Federated Hermes Short-Term Government Fund

FSGIX | Fund

$9.59

$49.7 M

4.46%

$0.43

0.93%

Vitals

YTD Return

3.3%

1 yr return

3.4%

3 Yr Avg Return

0.8%

5 Yr Avg Return

0.7%

Net Assets

$49.7 M

Holdings in Top 10

50.8%

52 WEEK LOW AND HIGH

$9.6
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.93%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 133.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$1,000,000

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/20/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Federated Hermes Short-Term Government Fund

FSGIX | Fund

$9.59

$49.7 M

4.46%

$0.43

0.93%

FSGIX - Profile

Distributions

  • YTD Total Return 3.3%
  • 3 Yr Annualized Total Return 0.8%
  • 5 Yr Annualized Total Return 0.7%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 0.05%
DIVIDENDS
  • Dividend Yield 4.5%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Federated Hermes Short-Term Government Fund
  • Fund Family Name
    Federated Hermes Funds
  • Inception Date
    Jan 03, 1994
  • Shares Outstanding
    N/A
  • Share Class
    S
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    J. Andrew Kirschler

Fund Description

The Fund’s overall strategy is to invest in a portfolio generally consisting of U.S. Treasury securities and U.S. government agency securities with maturities of not less than one year and not more than three years, and related derivative contracts. There can be no assurance that the Fund’s use of derivative contracts or hybrid instruments will work as intended. Derivative investments made by the Fund are included within the Fund’s 80% policy (as described below) and are calculated at market value. The Fund buys and sells portfolio securities based primarily on its market outlook and analysis of how securities may perform under different market conditions. The Fund evaluates its investment strategy by comparing the performance and composition of the Fund’s portfolio to the performance and composition of the ICE BofA 1-3 Year US Treasury Index, an index composed of U.S. Treasury notes and bonds with maturities greater than or equal to one year and less than three years.U.S. government securities also may be offered on a delayed delivery basis. The Fund will enter into delayed delivery transactions, including when-issued transactions, in order to participate in these offerings or trade these securities. The Fund may also seek to increase its income by lending its portfolio securities.Certain of the government securities in which the Fund invests are not backed by the full faith and credit of the U.S. government, such as those issued by the Federal Home Loan Mortgage Corporation (“Freddie Mac”), the Federal National Mortgage Association (“Fannie Mae”), and the Federal Home Loan Bank System. These entities are, however, supported through federal subsidies, loans or other benefits. The Fund may also invest in government securities that are supported by the full faith and credit of the U.S. government, such as those issued by the Government National Mortgage Association (“Ginnie Mae”). Finally, the Fund may invest in certain government securities that have no explicit financial support, but which are regarded as having implied support because the federal government sponsors their activities.The government mortgage-backed securities in which the Fund may invest are government mortgage-backed securities such as those issued by Ginnie Mae, Fannie Mae and Freddie Mac.The Fund invests in overnight repurchase agreements or affiliated money market funds in order to maintain sufficient cash to pay for daily net redemptions and portfolio transactions.The Fund will invest its assets so that at least 80% of its net assets (plus any borrowings for investment purposes) are invested in U.S. government investments. The Fund will notify shareholders at least 60 days in advance of any change in its investment policy that would enable the Fund to invest, under normal circumstances, less than 80% of its net assets (plus the amount of any borrowings for investment purposes) in U.S. government investments.
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FSGIX - Performance

Return Ranking - Trailing

Period FSGIX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.3% -0.2% 7.3% 58.23%
1 Yr 3.4% 0.0% 7.8% 60.76%
3 Yr 0.8%* -2.1% 3.1% 37.18%
5 Yr 0.7%* -0.9% 2.1% 56.76%
10 Yr 0.6%* -0.2% 2.5% 73.85%

* Annualized

Return Ranking - Calendar

Period FSGIX Return Category Return Low Category Return High Rank in Category (%)
2023 0.1% -1.6% 4.4% 69.62%
2022 -5.8% -10.4% -1.0% 29.49%
2021 -1.5% -6.4% -0.2% 28.21%
2020 1.9% -1.8% 4.9% 62.16%
2019 0.7% -1.4% 3.3% 69.44%

Total Return Ranking - Trailing

Period FSGIX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.3% -0.2% 7.3% 58.23%
1 Yr 3.4% 0.0% 7.8% 60.76%
3 Yr 0.8%* -2.1% 3.1% 37.18%
5 Yr 0.7%* -0.9% 2.1% 56.76%
10 Yr 0.6%* -0.2% 2.5% 73.85%

* Annualized

Total Return Ranking - Calendar

Period FSGIX Return Category Return Low Category Return High Rank in Category (%)
2023 3.8% 2.4% 6.2% 84.81%
2022 -4.5% -9.3% 0.2% 35.90%
2021 -1.4% -3.1% 0.1% 64.10%
2020 2.6% 0.4% 6.0% 82.43%
2019 2.6% 1.1% 5.5% 81.94%

NAV & Total Return History

FSGIX - Holdings

Concentration Analysis

FSGIX Category Low Category High FSGIX % Rank
Net Assets 49.7 M 11.1 M 23.7 B 89.87%
Number of Holdings 28 7 1024 94.94%
Net Assets in Top 10 33.7 M 2 M 6.85 B 84.81%
Weighting of Top 10 50.76% 15.6% 100.0% 34.18%

Top 10 Holdings

  1. U.S. Treasury Notes 6.11%
  2. U.S. Treasury Notes 6.08%
  3. Federal Home Loan Mortgage Corp 5.78%
  4. Federated Hermes Government Obligations Fund 5.42%
  5. U.S. Treasury Notes 5.29%
  6. U.S. Treasury Notes 4.59%
  7. U.S. Treasury Notes 4.57%
  8. U.S. Treasury Notes 4.53%
  9. United States Treasury Note/Bond 4.52%
  10. Freddie Mac Pool 3.89%

Asset Allocation

Weighting Return Low Return High FSGIX % Rank
Bonds 		94.23% 70.16% 127.20% 77.22%
Cash 		5.78% 0.00% 14.15% 21.52%
Stocks 		0.00% 0.00% 0.72% 74.68%
Preferred Stocks 		0.00% 0.00% 0.00% 74.68%
Convertible Bonds 		0.00% 0.00% 0.00% 74.36%
Other 		-0.01% -25.01% 29.90% 88.61%

Bond Sector Breakdown

Weighting Return Low Return High FSGIX % Rank
Government 		98.01% 0.00% 99.96% 16.67%
Cash & Equivalents 		5.42% 0.00% 14.15% 21.52%
Securitized 		0.00% 0.00% 100.00% 94.87%
Corporate 		0.00% 0.00% 34.19% 78.21%
Municipal 		0.00% 0.00% 6.22% 82.05%
Derivative 		-0.01% -0.95% 11.49% 84.81%

Bond Geographic Breakdown

Weighting Return Low Return High FSGIX % Rank
US 		94.23% 70.16% 127.20% 77.22%
Non US 		0.00% 0.00% 0.00% 74.68%

FSGIX - Expenses

Operational Fees

FSGIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.93% 0.03% 2.91% 37.97%
Management Fee 0.30% 0.03% 0.80% 37.18%
12b-1 Fee 0.25% 0.00% 1.00% 63.64%
Administrative Fee 0.10% 0.10% 0.45% 63.64%

Sales Fees

FSGIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.50% 4.75% N/A
Deferred Load N/A 0.50% 1.00% N/A

Trading Fees

FSGIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.00% 0.25% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FSGIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 133.00% 0.00% 466.00% 49.18%

FSGIX - Distributions

Dividend Yield Analysis

FSGIX Category Low Category High FSGIX % Rank
Dividend Yield 4.46% 0.00% 5.67% 37.97%

Dividend Distribution Analysis

FSGIX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

FSGIX Category Low Category High FSGIX % Rank
Net Income Ratio 0.05% -0.78% 3.29% 88.16%

Capital Gain Distribution Analysis

FSGIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Semi-Annually Annually Semi-Annually Annually

Distributions History

View More +

FSGIX - Fund Manager Analysis

Managers

J. Andrew Kirschler

Start Date

Tenure

Tenure Rank

Jul 05, 2013

8.91

8.9%

Mr. Kirschler became Portfolio Manager to FTT in January 2014. Mr. Kirschler joined Federated in 1990 in the Internal Sales department. In 1994 he was an Assistant Trader, in 1996 a Trader and in 2003 a Senior Trader on the fixed income desk concentrating on government securities. Mr. Kirschler became a Senior Investment Analyst in 2013. In 2000 he was appointed Assistant Vice President and in 2003 appointed Vice President of a Federated advisory subsidiary. Education: B.S., The Pennsylvania State University; M.B.A., University of Pittsburgh

Todd Abraham

Start Date

Tenure

Tenure Rank

Apr 30, 2017

5.09

5.1%

Todd A. Abraham is a Senior Portfolio Manager and Head of the Government/Mortgage-Backed Fixed Income Group. Mr. Abraham has been a Senior Portfolio Manager from 2007, Portfolio Manager from 1995 to 2006, a Senior Vice President since 2007 and a Vice President of Federated from 1997 to 2006. Mr. Abraham joined Federated in 1993 as an Investment Analyst and served as Assistant Vice President from 1995 to 1997. Mr. Abraham served as a Portfolio Analyst at Ryland Mortgage Co. from 1992 to 1993. Mr. Abraham has received the Chartered Financial Analyst designation and an M.B.A. in Finance from Loyola College.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.49 32.44 10.48 7.33

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