Federated Hermes Short-Intermediate Government Fund (FIGTX)
The fund buys and sells portfolio securities based primarily on the Adviser's market outlook and analysis of how securities may perform under different market conditions. It 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 may also invest in government securities that are supported by the full faith and credit of the U.S. government.
Fund Info
ISIN | US31428P1030 |
---|---|
CUSIP | 31428P103 |
Issuer | Federated |
Inception Date | Feb 17, 1983 |
Category | Government Bonds |
Min. Investment | $1,000,000 |
Asset Class | Bond |
Expense Ratio
FIGTX has a high expense ratio of 0.59%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Federated Hermes Short-Intermediate Government Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Federated Hermes Short-Intermediate Government Fund had a return of -0.83% year-to-date (YTD) and 0.18% in the last 12 months. Over the past 10 years, Federated Hermes Short-Intermediate Government Fund had an annualized return of 0.35%, while the S&P 500 had an annualized return of 10.90%, indicating that Federated Hermes Short-Intermediate Government Fund did not perform as well as the benchmark.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | -0.83% | 11.05% |
1 month | 1.29% | 4.86% |
6 months | 1.70% | 17.50% |
1 year | 0.18% | 27.37% |
5 years (annualized) | -0.12% | 13.14% |
10 years (annualized) | 0.35% | 10.90% |
Monthly Returns
The table below presents the monthly returns of FIGTX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | 0.56% | -1.44% | 0.21% | -1.29% | -0.83% | ||||||||
2023 | 1.97% | -1.96% | 2.56% | 0.20% | -0.52% | -1.33% | 0.21% | 0.11% | -1.34% | -0.08% | 2.47% | 1.66% | 3.87% |
2022 | -1.20% | -0.49% | -2.72% | -1.81% | 0.78% | -0.70% | 1.07% | -2.11% | -2.75% | -0.55% | 1.93% | -0.71% | -8.99% |
2021 | -0.18% | -0.80% | -0.44% | 0.27% | 0.09% | -0.25% | 0.36% | 0.00% | -0.46% | -0.72% | -0.03% | -0.28% | -2.41% |
2020 | 1.29% | 1.44% | 2.12% | 0.21% | 0.28% | 0.10% | 0.28% | -0.08% | 0.10% | -0.35% | 0.09% | 0.17% | 5.76% |
2019 | 0.38% | -0.10% | 1.14% | 0.10% | 1.41% | 0.74% | -0.36% | 1.75% | -0.55% | 0.37% | -0.27% | -0.09% | 4.58% |
2018 | -0.84% | -0.28% | 0.44% | -0.69% | 0.55% | -0.02% | -0.20% | 0.46% | -0.49% | 0.00% | 0.58% | 1.44% | 0.94% |
2017 | 0.25% | 0.00% | 0.22% | 0.30% | 0.19% | -0.26% | 0.29% | 0.39% | -0.55% | -0.16% | -0.39% | 0.00% | 0.29% |
2016 | 1.25% | 0.25% | 0.38% | 0.02% | -0.31% | 1.24% | -0.13% | -0.50% | 0.34% | -0.37% | -1.27% | -0.08% | 0.80% |
2015 | 1.50% | -0.82% | 0.43% | -0.07% | -0.11% | -0.42% | 0.26% | -0.22% | 0.46% | -0.23% | -0.38% | -0.26% | 0.13% |
2014 | 0.43% | 0.15% | -0.54% | 0.28% | 0.51% | 0.03% | -0.32% | 0.27% | -0.28% | 0.44% | 0.36% | -0.50% | 0.84% |
2013 | -0.46% | 0.35% | 0.02% | 0.11% | -0.96% | -1.16% | 0.27% | -0.53% | 0.54% | 0.28% | 0.26% | -0.56% | -1.84% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FIGTX is 5, indicating that it is in the bottom 5% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
FIGTX (Federated Hermes Short-Intermediate Government Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Federated Hermes Short-Intermediate Government Fund (FIGTX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Federated Hermes Short-Intermediate Government Fund granted a 3.78% dividend yield in the last twelve months. The annual payout for that period amounted to $0.36 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Dividend | $0.36 | $0.35 | $0.21 | $0.12 | $0.16 | $0.24 | $0.21 | $0.14 | $0.14 | $0.14 | $0.12 | $0.21 |
Dividend yield | 3.78% | 3.60% | 2.11% | 1.07% | 1.37% | 2.24% | 1.94% | 1.32% | 1.28% | 1.24% | 1.11% | 1.90% |
Monthly Dividends
The table displays the monthly dividend distributions for Federated Hermes Short-Intermediate Government Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | $0.02 | $0.03 | $0.03 | $0.03 | $0.00 | $0.11 | |||||||
2023 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.35 |
2022 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.21 |
2021 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.12 |
2020 | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.16 |
2019 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.24 |
2018 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.21 |
2017 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.01 | $0.14 |
2016 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.14 |
2015 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.01 | $0.02 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.14 |
2014 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.12 |
2013 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.10 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.21 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Federated Hermes Short-Intermediate Government Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Federated Hermes Short-Intermediate Government Fund was 13.34%, occurring on Oct 20, 2022. The portfolio has not yet recovered.
The current Federated Hermes Short-Intermediate Government Fund drawdown is 8.66%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-13.34% | Aug 5, 2020 | 565 | Oct 20, 2022 | — | — | — |
-4.99% | Apr 9, 1987 | 29 | May 19, 1987 | 122 | Nov 5, 1987 | 151 |
-4.1% | Feb 2, 1994 | 69 | May 9, 1994 | 207 | Feb 22, 1995 | 276 |
-3.98% | Mar 18, 2008 | 62 | Jun 13, 2008 | 56 | Sep 4, 2008 | 118 |
-3.78% | Apr 2, 2009 | 46 | Jun 8, 2009 | 81 | Oct 1, 2009 | 127 |
Volatility
Volatility Chart
The current Federated Hermes Short-Intermediate Government Fund volatility is 0.98%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.