The fund’s recent performance has been great relative to peers, but it’s been driven mainly by the asset class it invests in; its future peer-and index-relative return potential is likewise tied to its investment universe.
Federated Hermes Adj Rate A FEUGX
- NAV / 1-Day Return 9.26 / 0.00
- Total Assets 153.9 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.560%
- Distribution Fee Level Above Average
- Share Class Type Institutional
- Category Short Government
- Credit Quality / Interest Rate Sensitivity High/Limited
- Min. Initial Investment 1,500
- Status Open
- TTM Yield 5.03%
- Effective Duration 0.90 years
USD | NAV as of Apr 24, 2024 | 1-Day Return as of Apr 24, 2024, 10:18 PM GMT+0
Morningstar’s Analysis FEUGX
Will FEUGX 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 27.8
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Federated Hermes Govt Obl Premier | 9.28 | 12.1 Mil | Cash and Equivalents |
Federal Home Loan Mortgage Corp. 5.90191% | 5.01 | 6.5 Mil | Securitized |
Federal National Mortgage Association 5.90191% | 3.60 | 4.7 Mil | Securitized |
Federal National Mortgage Association 5.75191% | 3.18 | 4.1 Mil | Securitized |
Federal Home Loan Mortgage Corp. 5.75292% | 2.94 | 3.8 Mil | Securitized |
Federal National Mortgage Association 5.90191% | 2.68 | 3.5 Mil | Securitized |
Federal Home Loan Mortgage Corp. 5.90292% | 2.54 | 3.3 Mil | Securitized |
Federal Home Loan Mortgage Corp. 5.85292% | 2.10 | 2.7 Mil | Securitized |
FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD 5.99074% | 2.02 | 2.6 Mil | Securitized |
Federal National Mortgage Association 5.90191% | 1.86 | 2.4 Mil | Securitized |