Skip to Content
Morningstar

Federated Hermes Core Bond IS FGFIX

Morningstar Medalist Rating
Medalist Rating as of | See Federated Hermes Investment Hub
  • NAV / 1-Day Return 8.20  /  +0.37 %
  • Total Assets 23.3 Mil
  • Adj. Expense Ratio
    0.340%
  • Expense Ratio 0.340%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category Intermediate Core Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 1.0 Mil
  • Status Open
  • TTM Yield 3.85%
  • Effective Duration 6.30 years

USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:12 PM GMT+0

Morningstar’s Analysis FGFIX

Will FGFIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FGFIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FGFIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FGFIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Strength in Federated Hermes Core Bond IS's Process Pillar is partially offset by an Average People Pillar rating, leading to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the second-cheapest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings FGFIX

More FGFIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 70.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Federated Mortgage Core Portfolio

22.20 5.5 Mil
—

Federated Hermes Corporate Bond Strategy

21.54 5.4 Mil
—

Federated Hermes Govt Obl Premier

4.86 1.2 Mil
Cash and Equivalents

United States Treasury Notes 4%

4.57 1.1 Mil
Government

FONTAINEBLEAU MIAMI BEACH TRUST 3.447%

3.93 976,224
Securitized

United States Treasury Notes 4%

3.88 965,201
Government

United States Treasury Notes 4.25%

3.49 868,164
Government

Us 5yr Note (Cbt) Jun24 Xcbt 20240628

3.01 749,109
Government

United States Treasury Notes 2.5%

2.86 710,210
Government

United States Treasury Notes 4%

2.58 641,691
Government