Returns Chart

Key Stats

Net Expense Ratio Total Assets Under Management Weighted Average Dividend Yield Turnover Ratio (Generic)
0.59% 6.840M -- 97.00%
1 Year Fund Level Flows 1 Year Total Returns (Daily) Annualized Total Returns Since Inception (Daily) Max Drawdown (Since Inception)
-17.90M 5.61%

Basic Info

Investment Strategy
The Fund seeks to provide total return. The investment objective is pursued by investing at least 65% of its assets in governmental and non-governmental investment grade mortgage-backed securities. Total return is made up of changes in market value of portfolio's securities and of income received from same.
General
Security Type Mutual Fund
Equity Style --
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Global Peer Group Bond USD Medium Term
Peer Group Core Bond Funds
Global Macro Bond HC
US Macro Short/Intermediate Investment-Grade Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective Core Bond Funds
Fund Owner Firm Name Federated Hermes
Broad Asset Class Benchmark Index
^BBUSATR 100.0%

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Net Fund Flows Versus Peer Group

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1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
1 Month
% Rank: 79
-1.258B Peer Group Low
4.389B Peer Group High
1 Year
% Rank: 64
-17.90M
-3.519B Peer Group Low
25.86B Peer Group High
3 Months
% Rank: 79
-1.077B Peer Group Low
10.71B Peer Group High
3 Years
% Rank: 64
-13.85B Peer Group Low
82.10B Peer Group High
6 Months
% Rank: 78
-1.195B Peer Group Low
27.99B Peer Group High
5 Years
% Rank: 64
-14.64B Peer Group Low
139.13B Peer Group High
YTD
% Rank: 61
-2.727B Peer Group Low
18.22B Peer Group High
10 Years
% Rank: 76
-14.99B Peer Group Low
225.21B Peer Group High
Date Unavailable

Performance Versus Peer Group

 
20%
15%
10%
5%
0
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (NAV)
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
Peer Group Rtn. (NAV)
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
% Rank in Peer Group (NAV)
5.0
5.0
5.0
5.0
5.0
5.0
5.0
5.0
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Annual Total Returns Versus Peers

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Name
2018
2019
2020
2021
2022
2023
2024
2025 *
0.51%
5.13%
7.62%
-1.00%
-13.69%
5.04%
1.39%
5.85%
0.01%
8.72%
7.51%
-1.54%
-13.01%
5.53%
1.25%
6.57%
-0.61%
7.65%
6.17%
-1.54%
-13.91%
5.19%
0.90%
--
--
--
--
-2.64%
-13.61%
4.90%
1.26%
6.42%
-1.00%
10.03%
8.71%
-2.20%
-17.24%
5.53%
0.26%
6.87%
-0.76%
9.41%
8.23%
-1.45%
-13.36%
5.54%
2.06%
6.24%
As of April 05, 2026. *Indicates data for the year is incomplete.

Fundamentals

General
Distribution Yield --
Dividend Yield TTM (11-14-25) 3.96%
30-Day SEC Yield (9-30-25) 3.89%
7-Day SEC Yield --
Number of Holdings 17
Bond
Yield to Maturity (6-30-25) 4.96%
Effective Duration 6.10
Average Coupon 4.38%
Calculated Average Quality 2.435
Effective Maturity 18.51
Nominal Maturity 18.57
Number of Bond Holdings 14
As of June 30, 2025

Asset Allocation

As of June 30, 2025.
Type % Net
Cash 5.07%
Stock 0.00%
Bond 80.93%
Convertible 0.00%
Preferred 0.00%
Other 13.99%
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Top 10 Holdings

Name % Weight Price % Change
Federated Hermes Government Obligations Fd Premier 100.9% 1.00 0.00%
USD Cash
0.18% -- --
GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2525X XF PT FLT 5.58881% 20-FEB-2065
0.00% -- --
FNMA-New 3.0 06/25/2052 FIX USD Agency 0.00% 88.16 -0.13%
FNMA-New 4.0 06/25/2053 FIX USD Agency 0.00% 94.50 -0.11%
Federal National Mortgage Association 01-MAY-2052 FS4815
0.00% -- --
Government National Mortgage Association 2 20-AUG-2055 MB0554
0.00% -- --
Federal National Mortgage Association 01-OCT-2053 CB7237
0.00% -- --
Federal National Mortgage Association 01-DEC-2054 MA5553
0.00% -- --
Government National Mortgage Association 2 20-FEB-2055 MB0206
0.00% -- --

Fees & Availability

Fees
Actual 12B-1 Fee --
Actual Management Fee --
Administration Fee 1.04K%
Maximum Front Load 4.50%
Maximum Deferred Load --
Maximum Redemption Fee --
General Availability
Available for Insurance Product --
Available for RRSP --
Purchase Details
Open to New Investors No
Minimum Initial Investment 1500.00 None
Minimum Subsequent Investment 100.00 None

Basic Info

Investment Strategy
The Fund seeks to provide total return. The investment objective is pursued by investing at least 65% of its assets in governmental and non-governmental investment grade mortgage-backed securities. Total return is made up of changes in market value of portfolio's securities and of income received from same.
General
Security Type Mutual Fund
Equity Style --
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Global Peer Group Bond USD Medium Term
Peer Group Core Bond Funds
Global Macro Bond HC
US Macro Short/Intermediate Investment-Grade Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective Core Bond Funds
Fund Owner Firm Name Federated Hermes
Broad Asset Class Benchmark Index
^BBUSATR 100.0%

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Fundamentals

General
Distribution Yield --
Dividend Yield TTM (11-14-25) 3.96%
30-Day SEC Yield (9-30-25) 3.89%
7-Day SEC Yield --
Number of Holdings 17
Bond
Yield to Maturity (6-30-25) 4.96%
Effective Duration 6.10
Average Coupon 4.38%
Calculated Average Quality 2.435
Effective Maturity 18.51
Nominal Maturity 18.57
Number of Bond Holdings 14
As of June 30, 2025

Fund Details

Key Dates
Inception Date 5/31/1997
Attributes
Inverse Fund --
Leveraged Fund --
Currency Hedged Fund --
Socially Responsible Fund No

Top Portfolio Holders

Name % Weight
Portfolio A 5.00%
Portfolio B 3.50%
Portfolio C 2.25%
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Excel Add-In Codes

Name: =YCI("M:FGFSX:DL", "name")
Broad Asset Class: =YCI("M:FGFSX:DL", "broad_asset_class")
Broad Category: =YCI("M:FGFSX:DL", "broad_category_group")
Prospectus Objective: =YCI("M:FGFSX:DL", "prospectus_objective")
To find the codes for any of our securities and financial metrics, see our Complete Excel Reference.
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