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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 9.19  /  −0.20 %
  • Total Assets 187.1 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 1.0 Mil
  • Status Open
  • TTM Yield 4.05%
  • Effective Duration 6.20 years

USD | NAV as of Apr 24, 2024 | 1-Day Return as of Apr 24, 2024, 10:18 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 sizable cost advantage over competitors, priced within the second-cheapest fee quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings FTRGX

More FTRGX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 33.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Us 5yr Note (Cbt) Mar24 Xcbt 20240328

4.10 9.0 Mil
Government

Government National Mortgage Association 6%

4.05 8.9 Mil
Securitized

United States Treasury Notes 4.75%

4.02 8.8 Mil
Government

United States Treasury Bonds 3.375%

3.57 7.9 Mil
Government

10 Year Treasury Note Future Mar 24

3.44 7.6 Mil
Government

United States Treasury Notes 2.375%

3.24 7.1 Mil
Government

United States Treasury Notes 2.75%

2.90 6.4 Mil
Government

Government National Mortgage Association 5.5%

2.73 6.0 Mil
Securitized

Fnma Pass-Thru I 3.5%

2.54 5.6 Mil
Securitized

United States Treasury Bonds 2.75%

2.47 5.4 Mil
Government