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Morningstar

Federated Hermes Short-Term Govt IS FSGVX

Morningstar Medalist Rating
Medalist Rating as of | See Federated Hermes Investment Hub
  • NAV / 1-Day Return 9.64  /  0.31 %
  • Total Assets 83.5 Mil
  • Adj. Expense Ratio
    0.370%
  • Expense Ratio 0.370%
  • Distribution Fee Level Below 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 3.86%
  • Effective Duration 1.90 years

USD | NAV as of Dec 01, 2023 | 1-Day Return as of Dec 01, 2023, 11:20 PM GMT+0

Morningstar’s Analysis FSGVX

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

People Pillar

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

Federated Hermes Short-Term Govt IS's Average Process Pillar and People Pillar ratings result in a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

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

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings FSGVX

More FSGVX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 24
  • Other Holdings 2
  • % Assets in Top 10 Holdings 55.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

2 Year Treasury Note Future Dec 23

12.51
12,162,656
Government

United States Treasury Notes 4.5%

5.09
4,949,366
Government

Federal Home Loan Mortgage Corporation 4%

5.06
4,916,110
Government

United States Treasury Notes 4%

5.04
4,893,768
Government

Federal Home Loan Banks 4%

5.02
4,880,891
Government

United States Treasury Notes 3.5%

4.99
4,853,157
Government

Federal Home Loan Banks 0.55%

4.81
4,677,341
Government

Federal National Mortgage Association 5.5%

4.27
4,145,261
Securitized

Federal Home Loan Mortgage Corporation 0.6%

4.22
4,101,992
Government

Federal Home Loan Banks 5%

4.10
3,980,018
Government