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Morningstar

Federated Hermes Total Return Govt Bd IS FTRGX

Morningstar Medalist Rating
Medalist Rating as of | See Federated Hermes Investment Hub
  • NAV / 1-Day Return 9.39  /  0.32 %
  • Total Assets 200.4 Mil
  • Adj. Expense Ratio
    0.330%
  • Expense Ratio 0.330%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category Intermediate Government
  • Credit Quality / Interest Rate Sensitivity High / Moderate
  • Min. Initial Investment 1,000,000
  • Status Open
  • TTM Yield 3.76%
  • Effective Duration 6.20 years

USD | NAV as of Dec 04, 2023 | 1-Day Return as of Dec 04, 2023, 11:11 PM GMT+0

Morningstar’s Analysis FTRGX

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

People Pillar

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

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

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a 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 FTRGX

More FTRGX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 87
  • Other Holdings 2
  • % Assets in Top 10 Holdings 32.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Federated Hermes Govt Obl Premier

4.93
10,447,617
Cash and Equivalents

United States Treasury Notes 4.75%

4.12
8,741,563
Government

Government National Mortgage Association 6%

4.11
8,720,217
Securitized

United States Treasury Bonds 3.375%

3.33
7,059,023
Government

United States Treasury Notes 2.375%

3.26
6,916,280
Government

10 Year Treasury Note Future Dec 23

3.26
6,916,000
Government

Us 5yr Note (Cbt) Dec23 Xcbt 20231229

3.13
6,637,641
Government

United States Treasury Notes 2.75%

2.89
6,114,880
Government

Government National Mortgage Association 5.5%

2.75
5,825,204
Securitized

United States Treasury Notes 0.5%

2.64
5,591,200
Government