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Morningstar

Federated Hermes Core Bond IS FGFIX

Morningstar Medalist Rating
Medalist Rating as of | See Federated Investment Hub
  • NAV / 1-Day Return 8.21  /  0.61 %
  • Total Assets 10.4 Mil
  • Adj. Expense Ratio
    0.330%
  • Expense Ratio 0.340%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category Intermediate Core Bond
  • Credit Quality / Interest Rate Sensitivity High / Moderate
  • Min. Initial Investment 1,000,000
  • Status Open
  • TTM Yield 3.67%
  • Effective Duration 6.30 years

USD | NAV as of Jun 02, 2023 | 1-Day Return as of Jun 02, 2023, 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.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Federated Hermes Core Bond IS's Average People Pillar and Process Pillar ratings result in a Morningstar Medalist Rating of Neutral. The portfolio maintains a sizable cost advantage over competitors, priced within the second-cheapest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings FGFIX

More FGFIX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 50
  • Other Holdings 4
  • % Assets in Top 10 Holdings 84.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Federated Mortgage Core Portfolio

21.51
2,384,500
—

Federated Hermes Corporate Bond Strategy

20.93
2,319,892
—

United States Treasury Notes 2.5%

10.77
1,193,775
Government

FONTAINEBLEAU MIAMI BEACH TRUST 3.447%

8.48
940,046
Securitized

Federated Hermes Govt Obl Premier

7.19
796,722
Cash and Equivalents

United States Treasury Notes 1.25%

5.18
574,542
Government

United States Treasury Bonds 2.375%

4.84
537,100
Government

Us 5yr Note (Cbt) Jun23 Xcbt 20230630

3.95
438,031
Government

United States Treasury Bonds 1.75%

3.91
433,983
Government

United States Treasury Notes 3%

2.74
303,350
Government