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Morningstar

Federated Hermes Short-Interm Govt IS FIGTX

Morningstar Medalist Rating
Medalist Rating as of | See Federated Hermes Investment Hub
  • NAV / 1-Day Return 9.55  /  0.21 %
  • Total Assets 104.7 Mil
  • Adj. Expense Ratio
    0.600%
  • Expense Ratio 0.600%
  • Distribution Fee Level Above Average
  • Share Class Type Institutional
  • Category Short Government
  • Credit Quality / Interest Rate Sensitivity High / Limited
  • Min. Initial Investment 1,000,000
  • Status Open
  • TTM Yield 3.39%
  • Effective Duration 4.00 years

USD | NAV as of Sep 22, 2023 | 1-Day Return as of Sep 22, 2023, 10:15 PM GMT+0

Morningstar’s Analysis FIGTX

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

People Pillar

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

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

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings FIGTX

More FIGTX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 30
  • Other Holdings 2
  • % Assets in Top 10 Holdings 57.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Us 5yr Note (Cbt) Sep23 Xcbt 20230929

27.39
47,121,250
Government

Federal Home Loan Banks 0.9%

5.09
8,753,030
Government

Federal Home Loan Banks 0.85%

5.08
8,743,449
Government

Federal Home Loan Banks 4%

4.26
7,323,091
Government

Federal Home Loan Mortgage Corporation 0.8%

4.12
7,080,258
Government

United States Treasury Notes 4.125%

4.03
6,929,453
Government

United States Treasury Notes 2.75%

3.84
6,597,396
Government

United States Treasury Notes 3.875%

3.44
5,913,877
Government

United States Treasury Notes 4.625%

2.91
5,005,469
Government

Fnma Pass-Thru I 5.5%

2.90
4,982,333
Securitized