Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.
Federated Hermes Short-Interm Govt Svc FIGIX
- NAV / 1-Day Return 9.51 / 0.00
- Total Assets 101.4 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.830%
- Distribution Fee Level High
- Share Class Type Institutional
- Category Short Government
- Credit Quality / Interest Rate Sensitivity High/Limited
- Min. Initial Investment 1.0 Mil
- Status Open
- TTM Yield 3.48%
- Effective Duration 3.70 years
USD | NAV as of Apr 19, 2024 | 1-Day Return as of Apr 19, 2024, 10:13 PM GMT+0
Morningstar’s Analysis FIGIX
Will FIGIX 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 58.3
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Us 5yr Note (Cbt) Mar24 Xcbt 20240328 | 34.37 | 47.9 Mil | Government |
United States Treasury Notes 4.125% | 5.03 | 7.0 Mil | Government |
United States Treasury Notes 4.625% | 3.62 | 5.0 Mil | Government |
United States Treasury Notes 4% | 3.61 | 5.0 Mil | Government |
United States Treasury Notes 4.5% | 3.60 | 5.0 Mil | Government |
Federal National Mortgage Association 5.2% | 3.58 | 5.0 Mil | Government |
United States Treasury Notes 2.375% | 2.97 | 4.1 Mil | Government |
United States Treasury Notes 4.5% | 2.90 | 4.0 Mil | Government |
United States Treasury Notes 4% | 2.88 | 4.0 Mil | Government |
United States Treasury Notes 3.875% | 2.87 | 4.0 Mil | Government |