Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.
Federated Hermes Government Income Svc FITSX
- NAV / 1-Day Return 8.60 / +0.58 %
- Total Assets 165.4 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.840%
- Distribution Fee Level High
- Share Class Type Institutional
- Category Intermediate Government
- Credit Quality / Interest Rate Sensitivity High/Moderate
- Min. Initial Investment 1.0 Mil
- Status Open
- TTM Yield 2.64%
- Effective Duration 5.90 years
USD | NAV as of May 02, 2024 | 1-Day Return as of May 02, 2024, 10:19 PM GMT+0
Morningstar’s Analysis FITSX
Will FITSX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 32.4
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Government National Mortgage Association 2.5% | 4.89 | 9.7 Mil | Securitized |
2 Year Treasury Note Future June 24 | 4.10 | 8.2 Mil | Government |
Federal National Mortgage Association 2% | 3.85 | 7.7 Mil | Securitized |
Federal Home Loan Mortgage Corp. 4% | 3.24 | 6.5 Mil | Securitized |
Federal National Mortgage Association 3% | 3.06 | 6.1 Mil | Securitized |
Federal Home Loan Mortgage Corp. 2% | 3.03 | 6.0 Mil | Securitized |
Fnma Pass-Thru I 2% | 2.72 | 5.4 Mil | Securitized |
Federal National Mortgage Association 6.5% | 2.51 | 5.0 Mil | Securitized |
FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD 6.06864% | 2.49 | 5.0 Mil | Securitized |
Federal National Mortgage Association 6.12165% | 2.49 | 5.0 Mil | Securitized |