Federated Hermes Government Ultrashort Fund
Name
As of 04/24/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
1.8%
1 yr return
5.1%
3 Yr Avg Return
2.2%
5 Yr Avg Return
2.0%
Net Assets
$943 M
Holdings in Top 10
51.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.43%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 30.00%
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 04/24/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FGUSX - Profile
Distributions
- YTD Total Return 1.8%
- 3 Yr Annualized Total Return 2.2%
- 5 Yr Annualized Total Return 2.0%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.24%
- Dividend Yield 5.7%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameFederated Hermes Government Ultrashort Fund
-
Fund Family NameFederated Hermes Funds
-
Inception DateJul 06, 2000
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerSusan Hill
Fund Description
FGUSX - Performance
Return Ranking - Trailing
Period | FGUSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.8% | -1.5% | 3.1% | 43.52% |
1 Yr | 5.1% | -0.4% | 12.7% | 77.21% |
3 Yr | 2.2%* | -2.1% | 5.8% | 66.83% |
5 Yr | 2.0%* | -1.0% | 3.9% | 57.98% |
10 Yr | 1.4%* | -4.5% | 27.5% | 69.23% |
* Annualized
Return Ranking - Calendar
Period | FGUSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -0.2% | -2.3% | 4.3% | 97.69% |
2022 | -1.1% | -6.5% | 0.5% | 28.71% |
2021 | -0.2% | -2.1% | 0.3% | 24.63% |
2020 | 0.8% | -3.1% | 1.8% | 15.46% |
2019 | -0.1% | -1.2% | 6.1% | 89.67% |
Total Return Ranking - Trailing
Period | FGUSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.8% | -1.5% | 3.1% | 43.52% |
1 Yr | 5.1% | -0.4% | 12.7% | 77.21% |
3 Yr | 2.2%* | -2.1% | 5.8% | 66.83% |
5 Yr | 2.0%* | -1.0% | 3.9% | 57.98% |
10 Yr | 1.4%* | -4.5% | 27.5% | 69.23% |
* Annualized
Total Return Ranking - Calendar
Period | FGUSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 5.0% | 0.8% | 12.1% | 86.57% |
2022 | 0.1% | -5.1% | 2.5% | 43.06% |
2021 | 0.5% | -2.1% | 14.5% | 17.24% |
2020 | 1.6% | -1.0% | 3.6% | 48.97% |
2019 | 2.1% | 0.3% | 9.6% | 84.24% |
NAV & Total Return History
FGUSX - Holdings
Concentration Analysis
FGUSX | Category Low | Category High | FGUSX % Rank | |
---|---|---|---|---|
Net Assets | 943 M | 25.6 K | 22.6 B | 46.36% |
Number of Holdings | 205 | 2 | 1291 | 66.36% |
Net Assets in Top 10 | 481 M | 32.5 K | 17.3 B | 28.64% |
Weighting of Top 10 | 51.04% | 5.6% | 163.3% | 14.09% |
Top 10 Holdings
- BANK OF MONTREAL 5 10.61%
- HSBC REPO 3 10.61%
- Freddie Mac Multifamily Structured Pass Through Certificates 5.62%
- Freddie Mac Multifamily Structured Pass Through Certificates 4.50%
- Freddie Mac Multifamily Structured Pass Through Certificates 4.21%
- Government National Mortgage Association 3.78%
- Freddie Mac REMICS 3.39%
- Freddie Mac Multifamily Structured Pass Through Certificates 3.07%
- Freddie Mac Multifamily Structured Pass Through Certificates 2.77%
- Freddie Mac Multifamily Structured Pass Through Certificates 2.49%
Asset Allocation
Weighting | Return Low | Return High | FGUSX % Rank | |
---|---|---|---|---|
Bonds | 77.99% | 0.00% | 128.16% | 60.00% |
Other | 22.06% | -29.59% | 99.92% | 13.64% |
Cash | 0.31% | 0.00% | 109.89% | 99.09% |
Stocks | 0.00% | 0.00% | 97.29% | 59.09% |
Preferred Stocks | 0.00% | 0.00% | 0.00% | 50.91% |
Convertible Bonds | 0.00% | 0.00% | 15.25% | 89.04% |
Bond Sector Breakdown
Weighting | Return Low | Return High | FGUSX % Rank | |
---|---|---|---|---|
Securitized | 47.52% | 0.00% | 100.00% | 20.55% |
Government | 14.34% | 0.00% | 100.00% | 22.37% |
Cash & Equivalents | 0.31% | 0.00% | 109.89% | 95.91% |
Derivative | 0.00% | -29.59% | 21.59% | 41.82% |
Corporate | 0.00% | 0.00% | 99.91% | 94.06% |
Municipal | 0.00% | 0.00% | 70.39% | 73.97% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | FGUSX % Rank | |
---|---|---|---|---|
US | 77.99% | 0.00% | 128.16% | 56.36% |
Non US | 0.00% | 0.00% | 22.24% | 59.09% |
FGUSX - Expenses
Operational Fees
FGUSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.43% | 0.02% | 28.11% | 58.72% |
Management Fee | 0.25% | 0.00% | 1.19% | 48.64% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.10% | 0.01% | 0.40% | 40.63% |
Sales Fees
FGUSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.50% | 5.75% | N/A |
Deferred Load | N/A | 0.25% | 1.00% | N/A |
Trading Fees
FGUSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.00% | 1.00% | 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.
FGUSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 30.00% | 0.00% | 369.54% | 11.89% |
FGUSX - Distributions
Dividend Yield Analysis
FGUSX | Category Low | Category High | FGUSX % Rank | |
---|---|---|---|---|
Dividend Yield | 5.74% | 0.00% | 8.10% | 11.36% |
Dividend Distribution Analysis
FGUSX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
FGUSX | Category Low | Category High | FGUSX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.24% | -1.30% | 14.86% | 69.34% |
Capital Gain Distribution Analysis
FGUSX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 31, 2024 | $0.047 | DailyAccrualFund |
Feb 29, 2024 | $0.045 | DailyAccrualFund |
Jan 31, 2024 | $0.046 | DailyAccrualFund |
Dec 31, 2023 | $0.046 | DailyAccrualFund |
Nov 30, 2023 | $0.046 | DailyAccrualFund |
Oct 31, 2023 | $0.047 | DailyAccrualFund |
Sep 30, 2023 | $0.045 | DailyAccrualFund |
Aug 31, 2023 | $0.047 | DailyAccrualFund |
Jul 31, 2023 | $0.044 | DailyAccrualFund |
Jun 30, 2023 | $0.042 | DailyAccrualFund |
May 31, 2023 | $0.044 | DailyAccrualFund |
Apr 30, 2023 | $0.041 | DailyAccrualFund |
Mar 31, 2023 | $0.037 | DailyAccrualFund |
Feb 28, 2023 | $0.035 | DailyAccrualFund |
Jan 31, 2023 | $0.034 | DailyAccrualFund |
Dec 31, 2022 | $0.032 | DailyAccrualFund |
Nov 30, 2022 | $0.029 | DailyAccrualFund |
Oct 31, 2022 | $0.023 | DailyAccrualFund |
Sep 30, 2022 | $0.019 | DailyAccrualFund |
Aug 31, 2022 | $0.017 | DailyAccrualFund |
Jul 29, 2022 | $0.013 | DailyAccrualFund |
Jun 30, 2022 | $0.009 | DailyAccrualFund |
May 31, 2022 | $0.004 | DailyAccrualFund |
Apr 29, 2022 | $0.003 | DailyAccrualFund |
Mar 31, 2022 | $0.002 | DailyAccrualFund |
Feb 28, 2022 | $0.001 | DailyAccrualFund |
Jan 31, 2022 | $0.000 | DailyAccrualFund |
Dec 31, 2021 | $0.001 | DailyAccrualFund |
Nov 30, 2021 | $0.001 | DailyAccrualFund |
Oct 31, 2021 | $0.001 | DailyAccrualFund |
Sep 30, 2021 | $0.001 | DailyAccrualFund |
Aug 31, 2021 | $0.001 | DailyAccrualFund |
Jul 31, 2021 | $0.001 | DailyAccrualFund |
Jun 30, 2021 | $0.001 | DailyAccrualFund |
May 31, 2021 | $0.001 | DailyAccrualFund |
Apr 30, 2021 | $0.001 | DailyAccrualFund |
Mar 31, 2021 | $0.001 | DailyAccrualFund |
Feb 28, 2021 | $0.002 | DailyAccrualFund |
Jan 31, 2021 | $0.002 | DailyAccrualFund |
Dec 31, 2020 | $0.002 | DailyAccrualFund |
Nov 30, 2020 | $0.002 | DailyAccrualFund |
Oct 30, 2020 | $0.002 | DailyAccrualFund |
Sep 30, 2020 | $0.002 | DailyAccrualFund |
Aug 31, 2020 | $0.002 | DailyAccrualFund |
Jul 31, 2020 | $0.003 | DailyAccrualFund |
Jun 30, 2020 | $0.005 | DailyAccrualFund |
May 29, 2020 | $0.005 | DailyAccrualFund |
Apr 30, 2020 | $0.006 | DailyAccrualFund |
Mar 31, 2020 | $0.008 | DailyAccrualFund |
Feb 28, 2020 | $0.012 | DailyAccrualFund |
Jan 31, 2020 | $0.014 | DailyAccrualFund |
Dec 31, 2019 | $0.014 | DailyAccrualFund |
Nov 29, 2019 | $0.015 | DailyAccrualFund |
Oct 31, 2019 | $0.016 | DailyAccrualFund |
Sep 30, 2019 | $0.018 | DailyAccrualFund |
Aug 30, 2019 | $0.019 | DailyAccrualFund |
Jul 31, 2019 | $0.020 | DailyAccrualFund |
May 31, 2019 | $0.021 | DailyAccrualFund |
Apr 30, 2019 | $0.020 | DailyAccrualFund |
Mar 29, 2019 | $0.020 | DailyAccrualFund |
Feb 28, 2019 | $0.019 | DailyAccrualFund |
Jan 31, 2019 | $0.018 | DailyAccrualFund |
Dec 31, 2018 | $0.018 | DailyAccrualFund |
Nov 30, 2018 | $0.017 | DailyAccrualFund |
Oct 31, 2018 | $0.018 | DailyAccrualFund |
Aug 31, 2018 | $0.015 | DailyAccrualFund |
Jul 31, 2018 | $0.012 | DailyAccrualFund |
Jun 29, 2018 | $0.014 | DailyAccrualFund |
May 31, 2018 | $0.014 | DailyAccrualFund |
Apr 30, 2018 | $0.016 | DailyAccrualFund |
Mar 29, 2018 | $0.015 | DailyAccrualFund |
Feb 28, 2018 | $0.009 | DailyAccrualFund |
Jan 31, 2018 | $0.010 | DailyAccrualFund |
Dec 29, 2017 | $0.014 | DailyAccrualFund |
Nov 30, 2017 | $0.008 | DailyAccrualFund |
Oct 31, 2017 | $0.008 | DailyAccrualFund |
Sep 29, 2017 | $0.010 | DailyAccrualFund |
Aug 31, 2017 | $0.008 | DailyAccrualFund |
Jul 31, 2017 | $0.010 | DailyAccrualFund |
Jun 30, 2017 | $0.007 | DailyAccrualFund |
May 31, 2017 | $0.006 | DailyAccrualFund |
Apr 28, 2017 | $0.008 | DailyAccrualFund |
Mar 31, 2017 | $0.006 | DailyAccrualFund |
Feb 28, 2017 | $0.005 | DailyAccrualFund |
Jan 31, 2017 | $0.004 | DailyAccrualFund |
Dec 30, 2016 | $0.005 | DailyAccrualFund |
Nov 30, 2016 | $0.004 | DailyAccrualFund |
Oct 31, 2016 | $0.005 | DailyAccrualFund |
Sep 30, 2016 | $0.003 | DailyAccrualFund |
Aug 31, 2016 | $0.004 | DailyAccrualFund |
Jul 29, 2016 | $0.006 | DailyAccrualFund |
Jun 30, 2016 | $0.004 | DailyAccrualFund |
May 31, 2016 | $0.004 | DailyAccrualFund |
Apr 29, 2016 | $0.004 | DailyAccrualFund |
Mar 31, 2016 | $0.003 | DailyAccrualFund |
Feb 29, 2016 | $0.004 | DailyAccrualFund |
Jan 29, 2016 | $0.004 | DailyAccrualFund |
Dec 31, 2015 | $0.003 | DailyAccrualFund |
Nov 30, 2015 | $0.003 | DailyAccrualFund |
Oct 30, 2015 | $0.002 | DailyAccrualFund |
Sep 30, 2015 | $0.001 | DailyAccrualFund |
Aug 31, 2015 | $0.002 | DailyAccrualFund |
Jul 31, 2015 | $0.002 | DailyAccrualFund |
Jun 30, 2015 | $0.002 | DailyAccrualFund |
May 29, 2015 | $0.002 | DailyAccrualFund |
Apr 30, 2015 | $0.002 | DailyAccrualFund |
Mar 31, 2015 | $0.002 | DailyAccrualFund |
Feb 27, 2015 | $0.002 | DailyAccrualFund |
Jan 30, 2015 | $0.002 | DailyAccrualFund |
Dec 31, 2014 | $0.002 | DailyAccrualFund |
Nov 28, 2014 | $0.002 | DailyAccrualFund |
Oct 31, 2014 | $0.002 | DailyAccrualFund |
Sep 30, 2014 | $0.002 | DailyAccrualFund |
Aug 29, 2014 | $0.002 | DailyAccrualFund |
Jul 31, 2014 | $0.002 | DailyAccrualFund |
Jun 30, 2014 | $0.002 | DailyAccrualFund |
May 31, 2014 | $0.003 | DailyAccrualFund |
Apr 30, 2014 | $0.003 | DailyAccrualFund |
Mar 31, 2014 | $0.002 | DailyAccrualFund |
Feb 28, 2014 | $0.002 | DailyAccrualFund |
Jan 31, 2014 | $0.002 | DailyAccrualFund |
Dec 31, 2013 | $0.003 | DailyAccrualFund |
Nov 29, 2013 | $0.003 | DailyAccrualFund |
Oct 31, 2013 | $0.002 | DailyAccrualFund |
Sep 30, 2013 | $0.002 | DailyAccrualFund |
Aug 30, 2013 | $0.002 | DailyAccrualFund |
Jul 31, 2013 | $0.002 | DailyAccrualFund |
Jun 28, 2013 | $0.002 | DailyAccrualFund |
May 31, 2013 | $0.003 | DailyAccrualFund |
Apr 30, 2013 | $0.003 | DailyAccrualFund |
Mar 28, 2013 | $0.003 | DailyAccrualFund |
Feb 28, 2013 | $0.003 | DailyAccrualFund |
Jan 31, 2013 | $0.001 | DailyAccrualFund |
Dec 31, 2012 | $0.003 | DailyAccrualFund |
Nov 30, 2012 | $0.004 | DailyAccrualFund |
Oct 31, 2012 | $0.004 | DailyAccrualFund |
Sep 28, 2012 | $0.005 | DailyAccrualFund |
Aug 31, 2012 | $0.004 | DailyAccrualFund |
Jul 31, 2012 | $0.004 | DailyAccrualFund |
Jun 29, 2012 | $0.005 | DailyAccrualFund |
May 31, 2012 | $0.006 | DailyAccrualFund |
Apr 30, 2012 | $0.007 | DailyAccrualFund |
Mar 30, 2012 | $0.006 | DailyAccrualFund |
Feb 29, 2012 | $0.005 | DailyAccrualFund |
Jan 31, 2012 | $0.005 | DailyAccrualFund |
Dec 30, 2011 | $0.005 | DailyAccrualFund |
Nov 30, 2011 | $0.005 | DailyAccrualFund |
Oct 31, 2011 | $0.005 | DailyAccrualFund |
Sep 30, 2011 | $0.005 | DailyAccrualFund |
Aug 31, 2011 | $0.005 | DailyAccrualFund |
Jul 29, 2011 | $0.006 | DailyAccrualFund |
Jun 30, 2011 | $0.005 | DailyAccrualFund |
May 31, 2011 | $0.004 | DailyAccrualFund |
Apr 29, 2011 | $0.004 | DailyAccrualFund |
Mar 31, 2011 | $0.004 | DailyAccrualFund |
Feb 28, 2011 | $0.004 | DailyAccrualFund |
Jan 31, 2011 | $0.004 | DailyAccrualFund |
Dec 31, 2010 | $0.004 | DailyAccrualFund |
Nov 30, 2010 | $0.004 | DailyAccrualFund |
Oct 29, 2010 | $0.004 | DailyAccrualFund |
Sep 30, 2010 | $0.004 | DailyAccrualFund |
Aug 31, 2010 | $0.004 | DailyAccrualFund |
Jul 30, 2010 | $0.005 | DailyAccrualFund |
Jun 30, 2010 | $0.005 | DailyAccrualFund |
May 28, 2010 | $0.004 | DailyAccrualFund |
Apr 30, 2010 | $0.004 | DailyAccrualFund |
Mar 31, 2010 | $0.005 | DailyAccrualFund |
Feb 26, 2010 | $0.005 | DailyAccrualFund |
Jan 29, 2010 | $0.005 | DailyAccrualFund |
Dec 31, 2009 | $0.005 | DailyAccrualFund |
Nov 30, 2009 | $0.006 | DailyAccrualFund |
Oct 30, 2009 | $0.007 | DailyAccrualFund |
Sep 30, 2009 | $0.007 | DailyAccrualFund |
Aug 31, 2009 | $0.007 | DailyAccrualFund |
Jul 31, 2009 | $0.006 | DailyAccrualFund |
Jun 30, 2009 | $0.007 | DailyAccrualFund |
May 29, 2009 | $0.008 | DailyAccrualFund |
Apr 30, 2009 | $0.010 | DailyAccrualFund |
Mar 31, 2009 | $0.011 | DailyAccrualFund |
Feb 27, 2009 | $0.011 | DailyAccrualFund |
Jan 30, 2009 | $0.014 | DailyAccrualFund |
Dec 31, 2008 | $0.016 | DailyAccrualFund |
Nov 28, 2008 | $0.019 | DailyAccrualFund |
Oct 31, 2008 | $0.022 | DailyAccrualFund |
Sep 30, 2008 | $0.024 | DailyAccrualFund |
Aug 29, 2008 | $0.024 | DailyAccrualFund |
Jul 31, 2008 | $0.022 | DailyAccrualFund |
Jun 30, 2008 | $0.024 | DailyAccrualFund |
May 30, 2008 | $0.025 | DailyAccrualFund |
Apr 30, 2008 | $0.027 | DailyAccrualFund |
Mar 31, 2008 | $0.030 | DailyAccrualFund |
Feb 29, 2008 | $0.033 | DailyAccrualFund |
Jan 31, 2008 | $0.038 | DailyAccrualFund |
Dec 31, 2007 | $0.040 | DailyAccrualFund |
Nov 30, 2007 | $0.040 | DailyAccrualFund |
Oct 31, 2007 | $0.042 | DailyAccrualFund |
Sep 28, 2007 | $0.042 | DailyAccrualFund |
Aug 31, 2007 | $0.042 | DailyAccrualFund |
Jul 31, 2007 | $0.043 | DailyAccrualFund |
Jun 29, 2007 | $0.043 | DailyAccrualFund |
May 31, 2007 | $0.043 | DailyAccrualFund |
Apr 30, 2007 | $0.042 | DailyAccrualFund |
Mar 30, 2007 | $0.043 | DailyAccrualFund |
Feb 28, 2007 | $0.042 | DailyAccrualFund |
Jan 31, 2007 | $0.043 | DailyAccrualFund |
Dec 29, 2006 | $0.043 | DailyAccrualFund |
Nov 30, 2006 | $0.042 | DailyAccrualFund |
Oct 31, 2006 | $0.042 | DailyAccrualFund |
Sep 29, 2006 | $0.041 | DailyAccrualFund |
Aug 31, 2006 | $0.042 | DailyAccrualFund |
Jul 31, 2006 | $0.043 | DailyAccrualFund |
Jun 30, 2006 | $0.040 | DailyAccrualFund |
May 31, 2006 | $0.039 | DailyAccrualFund |
Apr 28, 2006 | $0.037 | DailyAccrualFund |
Mar 31, 2006 | $0.036 | DailyAccrualFund |
Feb 28, 2006 | $0.033 | DailyAccrualFund |
Jan 31, 2006 | $0.034 | DailyAccrualFund |
FGUSX - Fund Manager Analysis
Managers
Susan Hill
Start Date
Tenure
Tenure Rank
Jul 10, 1997
24.91
24.9%
Ms. Hill joined Federated in 1990 and has been a Senior Portfolio Manager since 2003 and a Senior Vice President of Federated Investment Management Company since 2005. Ms. Hill was a Portfolio Manager from 1994 until 2003, and served as Vice President of the Fund's Adviser from 1997 until 2004 and as Assistant Vice President of the Fund's Adviser from 1994 until 1997. Ms. Hill has received the Chartered Financial Analyst designation and an M.S. in Industrial Administration from Carnegie Mellon University.
Liam O'Connell
Start Date
Tenure
Tenure Rank
Nov 01, 2010
11.59
11.6%
Liam O’Connell, CFA, has been the Fund’s portfolio manager since April of 2017. Mr. O’Connell is responsible for providing research and advice on sector allocation and security selection. He has been with the Adviser or an affiliate since 2003; has worked in investment management since 2003; has managed investment portfolios since 2005. Education: B.S., Webb Institute of Naval Architecture; M.S, Johns Hopkins University; M.B.A., Massachusetts Institute of Technology.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 32.44 | 6.56 | 7.92 |