Morningstar

Federated Hermes Total Return Government Bond Fund Institutional Shares FTRGX

Morningstar Medalist Rating
Medalist Rating as of | See Federated Hermes Investment Hub
  • NAV / 1-Day Return 9.29  /  −0.11 %
  • Total Assets 182.4M
  • Adj. Expense Ratio
    0.330%
  • Expense Ratio 0.320%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Intermediate Government
  • Credit Quality / Interest Rate Sensitivity High/Moderate
  • Min. Initial Investment 1M
  • Status Open
  • TTM Yield 4.19%
  • Effective Duration 5.80 years

USD | NAV as of Jul 11, 2026 | 1-Day Return as of Jul 11, 2026, 12:11 AM GMT+0

Morningstar’s Analysis FTRGX

Will FTRGX outperform in the 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.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Federated Hermes Total Return Govt Bd IS holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings FTRGX

More FTRGX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 35.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Us 5yr Note (Cbt) Jun26 Xcbt 20260630

7.13 16M
Government

10 Year Treasury Note Future June 26

5.52 12M
Government

United States Treasury Notes 3.375%

4.21 9M
Government

United States Treasury Bonds 3.375%

4.02 9M
Government

2 Year Treasury Note Future June 26

3.44 8M
Government

United States Treasury Notes 3.125%

3.08 7M
Government

United States Treasury Notes 2.375%

2.32 5M
Government

Federated Hermes Govt Obl Premier

2.19 5M
Cash and Equivalents

United States Treasury Notes 3.75%

2.01 4M
Government

Federal Home Loan Mortgage Corp. 4.28671%

1.96 4M
Securitized

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