Morningstar

Federated Hermes Inflation Protected Securities Fund Institutional Shares RRFIX

Medalist Rating as of Aug 31, 2026 See Federated Hermes Investment Hub

Strategy

The investment seeks to provide current income and real total returns. The fund pursues its investment objective by investing primarily in investment-grade, inflation-indexed bonds issued by the U.S. government, its agencies or instrumentalities, and corporations. Inflation-indexed bonds are fixed-income securities that are structured to provide protection against inflation. It may use derivative contracts to implement elements of its investment strategy, in particular credit default swap agreements, options and futures contracts related to conventional bonds.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
RRFIX	Federated Hermes Inflation Protected Securities Fund Institutional Shares	Institutional	Open			Oct 18, 2006	$21.92M	0.350%	Below Average	$1M	−$82.52M
RRFAX	Federated Hermes Inflation Protected Securities Fund Class A Shares	Front Load	Open			Oct 18, 2006	$6.29M	0.600%	Low	$1,500	−$583,817.07
RRFCX	Federated Hermes Inflation Protected Securities Fund Class C Shares	Level Load	Open			Oct 18, 2006	$1.41M	1.380%	Below Average	$1,500	−$695,716.15
FIPRX	Federated Hermes Inflation Protected Securities Fund Class R6 Shares	Retirement, Large	Open			Dec 29, 2021	$1.75M	0.310%	Below Average	$0	−$5.14M

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