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Name

As of 11/21/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Federated Hermes Short-Intermediate Government Fund

FIGIX | Fund

$9.62

$98.9 M

4.09%

$0.39

1.07%

Vitals

YTD Return

1.4%

1 yr return

3.9%

3 Yr Avg Return

-1.5%

5 Yr Avg Return

-0.4%

Net Assets

$98.9 M

Holdings in Top 10

39.9%

52 WEEK LOW AND HIGH

$9.6
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.07%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 76.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$1,000,000

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 11/21/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Federated Hermes Short-Intermediate Government Fund

FIGIX | Fund

$9.62

$98.9 M

4.09%

$0.39

1.07%

FIGIX - Profile

Distributions

  • YTD Total Return 1.4%
  • 3 Yr Annualized Total Return -1.5%
  • 5 Yr Annualized Total Return -0.4%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 0.80%
DIVIDENDS
  • Dividend Yield 4.1%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Federated Hermes Short-Intermediate Government Fund
  • Fund Family Name
    Federated Hermes Funds
  • Inception Date
    Jun 17, 1994
  • Shares Outstanding
    N/A
  • Share Class
    S
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    J. Andrew Kirschler

Fund Description

The Fund is intended to provide returns consistent with investments in short-to-intermediate term obligations of the U.S. government and its agencies and instrumentalities. The Fund’s overall strategy is generally to invest in a portfolio consisting of U.S. Treasury securities and U.S. government agency securities with maturities of not less than two years and not more than five years. The Fund may also use derivative contracts and/or hybrid instruments to implement elements of its strategies, particularly to manage duration and hedge against potential losses. The Fund buys and sells portfolio securities based primarily on the market outlook and analysis of how securities may perform under different market conditions. Federated Investment Management Company, the Fund’s investment adviser (the “Adviser”), evaluates the Fund’s investment strategy by comparing the performance and composition of the Fund’s portfolio to the performance and composition of ICE BofA 3-5 Year US Treasury Index, an index composed of U.S. Treasury notes and bonds with maturities greater than or equal to three years and less than five years. There can be no assurance that the Fund’s use of derivative contracts or hybrid instruments will work as intended. Derivative investments made by the Fund are included within the Fund’s 80% policy (as described below) and are calculated at market value.U.S. government securities also may be offered on a delayed delivery basis. The Fund will enter into delayed delivery transactions, including when-issued transactions, in order to participate in these offerings or trade these securities. The Fund may also seek to increase its income by lending its portfolio securities.Certain of the government securities in which the Fund invests are not backed by the full faith and credit of the U.S. government, such as those issued by the Federal Home Loan Mortgage Corporation (“Freddie Mac”), the Federal National Mortgage Association (“Fannie Mae”) and the Federal Home Loan Bank System. These entities are, however, supported through federal subsidies, loans or other benefits. The Fund may also invest in government securities that are supported by the full faith and credit of the U.S. government, such as those issued by the Government National Mortgage Association (“Ginnie Mae”). Finally, the Fund may invest in certain government securities that have no explicit financial support, but which are regarded as having implied support because the federal government sponsors their activities.The Fund invests in overnight repurchase agreements or money market funds in order to maintain sufficient cash to pay for daily net redemptions and portfolio transactions.The Fund may also purchase U.S. Treasury Inflation-Protected Securities. The value of inflation-protected securities is subject to the effects of changes in market interest rates caused by factors other than inflation (“real interest rates”). If interest rates rise due to reasons other than inflation, the Fund’s investment in these securities may not be protected to the extent that the increase is not reflected in the security’s inflation measure. Generally, when real interest rates rise, the value of inflation-protected securities will fall and the Fund’s value may decline as a result of this exposure to these securities. Significant risk occurs when interest rates rise and inflation declines.The Fund may invest in government mortgage-backed securities. The government mortgage-backed securities in which the Fund may invest are government mortgage-backed securities such as those issued by Ginnie Mae, Fannie Mae and Freddie Mac.The Fund will invest its assets so that at least 80% of its net assets (plus any borrowings for investment purposes) are invested in U.S. government investments. The Fund will notify shareholders at least 60 days in advance of any change in its investment policy that would enable the Fund to invest, under normal circumstances, less than 80% of its net assets (plus any borrowings for investment purposes) in U.S. government investments.
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FIGIX - Performance

Return Ranking - Trailing

Period FIGIX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.4% 0.1% 6.8% 92.41%
1 Yr 3.9% 3.5% 8.7% 96.20%
3 Yr -1.5%* -2.1% 2.9% 98.72%
5 Yr -0.4%* -0.9% 2.0% 98.65%
10 Yr 0.3%* -0.2% 2.6% 87.69%

* Annualized

Return Ranking - Calendar

Period FIGIX Return Category Return Low Category Return High Rank in Category (%)
2023 -0.1% -1.6% 4.4% 75.95%
2022 -10.4% -10.4% -1.0% 98.72%
2021 -3.4% -6.4% -0.2% 87.18%
2020 4.3% -1.8% 4.9% 2.70%
2019 2.3% -1.4% 3.3% 8.33%

Total Return Ranking - Trailing

Period FIGIX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.4% 0.1% 6.8% 92.41%
1 Yr 3.9% 3.5% 8.7% 96.20%
3 Yr -1.5%* -2.1% 2.9% 98.72%
5 Yr -0.4%* -0.9% 2.0% 98.65%
10 Yr 0.3%* -0.2% 2.6% 87.69%

* Annualized

Total Return Ranking - Calendar

Period FIGIX Return Category Return Low Category Return High Rank in Category (%)
2023 3.3% 2.4% 6.2% 92.41%
2022 -8.9% -9.3% 0.2% 98.72%
2021 -2.6% -3.1% 0.1% 97.44%
2020 5.7% 0.4% 6.0% 5.41%
2019 4.4% 1.1% 5.5% 8.33%

NAV & Total Return History

FIGIX - Holdings

Concentration Analysis

FIGIX Category Low Category High FIGIX % Rank
Net Assets 98.9 M 11.1 M 24.8 B 79.75%
Number of Holdings 39 7 1024 91.14%
Net Assets in Top 10 40.4 M 1.76 M 6.85 B 70.89%
Weighting of Top 10 39.93% 15.6% 100.0% 43.04%

Top 10 Holdings

  1. U.S. Treasury Notes 4.94%
  2. Federal National Mortgage Association 4.93%
  3. U.S. Treasury Notes 3.97%
  4. U.S. Treasury Notes 3.95%
  5. U.S. Treasury Notes 3.95%
  6. Freddie Mac Pool 3.74%
  7. U.S. Treasury Notes 3.74%
  8. Freddie Mac Pool 3.65%
  9. U.S. Treasury Notes 3.56%
  10. U.S. Treasury Notes 3.49%

Asset Allocation

Weighting Return Low Return High FIGIX % Rank
Bonds 		96.85% 70.16% 127.20% 60.76%
Cash 		2.78% 0.00% 23.11% 30.38%
Other 		0.37% -25.01% 30.75% 40.51%
Stocks 		0.00% 0.00% 1.65% 18.99%
Preferred Stocks 		0.00% 0.00% 0.00% 8.86%
Convertible Bonds 		0.00% 0.00% 0.00% 7.69%

Bond Sector Breakdown

Weighting Return Low Return High FIGIX % Rank
Government 		74.88% 0.00% 99.96% 35.90%
Securitized 		11.89% 0.00% 100.00% 73.08%
Cash & Equivalents 		2.65% 0.00% 23.11% 30.38%
Derivative 		0.37% -0.95% 11.49% 12.66%
Corporate 		0.00% 0.00% 34.19% 25.64%
Municipal 		0.00% 0.00% 6.22% 19.23%

Bond Geographic Breakdown

Weighting Return Low Return High FIGIX % Rank
US 		96.85% 70.16% 127.20% 60.76%
Non US 		0.00% 0.00% 0.00% 8.86%

FIGIX - Expenses

Operational Fees

FIGIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.07% 0.03% 2.91% 29.11%
Management Fee 0.40% 0.03% 0.80% 60.26%
12b-1 Fee N/A 0.00% 1.00% 2.78%
Administrative Fee 0.10% 0.10% 0.45% 9.09%

Sales Fees

FIGIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.50% 4.75% N/A
Deferred Load N/A 0.50% 1.00% N/A

Trading Fees

FIGIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.00% 0.25% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FIGIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 76.00% 0.00% 466.00% 31.15%

FIGIX - Distributions

Dividend Yield Analysis

FIGIX Category Low Category High FIGIX % Rank
Dividend Yield 4.09% 0.00% 5.67% 50.63%

Dividend Distribution Analysis

FIGIX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

FIGIX Category Low Category High FIGIX % Rank
Net Income Ratio 0.80% -0.78% 3.29% 21.05%

Capital Gain Distribution Analysis

FIGIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Semi-Annually Annually Semi-Annually Annually

Distributions History

View More +

FIGIX - Fund Manager Analysis

Managers

J. Andrew Kirschler

Start Date

Tenure

Tenure Rank

Jul 05, 2013

8.91

8.9%

Mr. Kirschler became Portfolio Manager to FTT in January 2014. Mr. Kirschler joined Federated in 1990 in the Internal Sales department. In 1994 he was an Assistant Trader, in 1996 a Trader and in 2003 a Senior Trader on the fixed income desk concentrating on government securities. Mr. Kirschler became a Senior Investment Analyst in 2013. In 2000 he was appointed Assistant Vice President and in 2003 appointed Vice President of a Federated advisory subsidiary. Education: B.S., The Pennsylvania State University; M.B.A., University of Pittsburgh

Todd Abraham

Start Date

Tenure

Tenure Rank

May 31, 2017

5.0

5.0%

Todd A. Abraham is a Senior Portfolio Manager and Head of the Government/Mortgage-Backed Fixed Income Group. Mr. Abraham has been a Senior Portfolio Manager from 2007, Portfolio Manager from 1995 to 2006, a Senior Vice President since 2007 and a Vice President of Federated from 1997 to 2006. Mr. Abraham joined Federated in 1993 as an Investment Analyst and served as Assistant Vice President from 1995 to 1997. Mr. Abraham served as a Portfolio Analyst at Ryland Mortgage Co. from 1992 to 1993. Mr. Abraham has received the Chartered Financial Analyst designation and an M.B.A. in Finance from Loyola College.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.49 32.44 10.48 7.33

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