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Morningstar

Federated Hermes Government Inc Secs A FGOAX

Morningstar Medalist Rating
Medalist Rating as of | See Federated Hermes Investment Hub
  • NAV / 1-Day Return 7.31  /  0.81 %
  • Total Assets 5.7 Mil
  • Adj. Expense Ratio
    1.010%
  • Expense Ratio 1.010%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category Intermediate Government
  • Credit Quality / Interest Rate Sensitivity High / Moderate
  • Min. Initial Investment 1,500
  • Status Open
  • TTM Yield 2.26%
  • Effective Duration 6.30 years

USD | NAV as of Sep 21, 2023 | 1-Day Return as of Sep 21, 2023, 10:25 PM GMT+0

Morningstar’s Analysis FGOAX

Will FGOAX 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 FGOAX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the FGOAX 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 FGOAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Federated Hermes Government Inc Secs A's Average People Pillar and Process Pillar ratings result in a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings FGOAX

More FGOAX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 141
  • Other Holdings 2
  • % Assets in Top 10 Holdings 29.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Fnma Pass-Thru I 2%

6.50
5,866,908
Securitized

Federal National Mortgage Association 2%

3.54
3,197,389
Securitized

Us 5yr Note (Cbt) Sep23 Xcbt 20230929

2.97
2,677,344
Government

United States Treasury Notes 1.25%

2.90
2,615,625
Government

Fnma Pass-Thru I 2%

2.46
2,221,952
Securitized

Federal Home Loan Mortgage Corporation 2.5%

2.40
2,165,041
Securitized

United States Treasury Bonds 3.125%

2.39
2,160,758
Government

Tennessee Valley Authority 2.875%

2.31
2,080,529
Government

Federal Home Loan Banks 5%

2.21
1,994,615
Government

Federal Home Loan Mortgage Corporation 2.5%

2.18
1,969,672
Securitized