Returns Chart

Key Stats

Net Expense Ratio Total Assets Under Management Weighted Average Dividend Yield Turnover Ratio (Generic)
0.02% 1.054B -- 9.00%
1 Year Fund Level Flows 1 Year Total Returns (Daily) Annualized Total Returns Since Inception (Daily) Max Drawdown (Since Inception)
-381.54M 6.39% Upgrade Upgrade

Basic Info

Investment Strategy
The Fund seeks to provide total return. The fund pursues its objective by investing primarily in Mortgage Core Fund (the "Underlying Fund"), that invests primarily in mortgage-backed securities (MBS) of investment-grade quality and seeks to provide returns consistent with investments in the market for US home mortgages.
General
Security Type Mutual Fund
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Global Peer Group Bond USD Mortgages
Peer Group U.S. Mortgage Funds
Global Macro Bond HC
US Macro U.S. Government & Treasury Fixed Income Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective U.S. Mortgage 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: 40
-2.634B Peer Group Low
249.26M Peer Group High
1 Year
% Rank: 96
-381.54M
-4.359B Peer Group Low
5.384B Peer Group High
3 Months
% Rank: 19
-2.714B Peer Group Low
402.03M Peer Group High
3 Years
% Rank: 8
-7.770B Peer Group Low
11.17B Peer Group High
6 Months
% Rank: 23
-1.091B Peer Group Low
994.25M Peer Group High
5 Years
% Rank: 11
-20.20B Peer Group Low
12.23B Peer Group High
YTD
% Rank: 96
-5.578B Peer Group Low
5.384B Peer Group High
10 Years
% Rank: 14
-28.21B Peer Group Low
27.65B 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
YTD
1.12%
6.29%
4.77%
-0.95%
-11.54%
5.18%
1.42%
8.39%
0.01%
8.72%
7.51%
-1.54%
-13.01%
5.53%
1.25%
7.11%
2.48%
6.80%
4.67%
0.64%
-11.83%
7.01%
3.94%
8.41%
--
--
--
--
--
5.11%
1.53%
8.07%
--
--
--
--
--
--
--
--
0.16%
6.55%
5.75%
-0.61%
-13.47%
5.12%
0.98%
8.30%
As of December 05, 2025.

Fundamentals

General
Distribution Yield --
Dividend Yield TTM (12-3-25) 4.86%
30-Day SEC Yield (10-31-25) 4.89%
7-Day SEC Yield --
Number of Holdings 4

Fund Details

Key Dates
Inception Date 12/20/2007
Last Annual Report Date 12/31/2024
Last Prospectus Date 2/28/2025
Attributes
Index Fund --
Inverse Fund No
Leveraged Fund --
Fund of Funds Yes
Currency Hedged Fund --
Synthetic Replication Fund No

Asset Allocation

As of September 30, 2025.
Type % Net
Cash 0.37%
Stock 0.00%
Bond 0.00%
Convertible 0.00%
Preferred 0.00%
Other 99.63%
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Top 4 Holdings

Name % Weight Price % Change
Federated Hermes Core Trust
99.71% -- --
Bank of America NA Repo
0.37% -- --
USD Cash
0.00% -- --
Other Assets less Liabilities
-0.08% -- --

Fees & Availability

Fees
Actual 12B-1 Fee --
Actual Management Fee --
Administration Fee 150.0K%
Maximum Front Load --
Maximum Deferred Load --
Maximum Redemption Fee --
General Availability
Available for Insurance Product No
Available for RRSP No
Purchase Details
Open to New Investors Yes
Minimum Initial Investment 0.00 None
Minimum Subsequent Investment 0.00 None

Basic Info

Investment Strategy
The Fund seeks to provide total return. The fund pursues its objective by investing primarily in Mortgage Core Fund (the "Underlying Fund"), that invests primarily in mortgage-backed securities (MBS) of investment-grade quality and seeks to provide returns consistent with investments in the market for US home mortgages.
General
Security Type Mutual Fund
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Global Peer Group Bond USD Mortgages
Peer Group U.S. Mortgage Funds
Global Macro Bond HC
US Macro U.S. Government & Treasury Fixed Income Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective U.S. Mortgage 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 (12-3-25) 4.86%
30-Day SEC Yield (10-31-25) 4.89%
7-Day SEC Yield --
Number of Holdings 4

Fund Details

Key Dates
Inception Date 12/20/2007
Last Annual Report Date 12/31/2024
Last Prospectus Date 2/28/2025
Attributes
Index Fund --
Inverse Fund No
Leveraged Fund --
Fund of Funds Yes
Currency Hedged Fund --
Synthetic Replication 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:FMBPX", "name")
Broad Asset Class: =YCI("M:FMBPX", "broad_asset_class")
Broad Category: =YCI("M:FMBPX", "broad_category_group")
Prospectus Objective: =YCI("M:FMBPX", "prospectus_objective")
To find the codes for any of our securities and financial metrics, see our Complete Excel Reference.
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