Federated Hermes Short-Term Government Fund (FSGVX)
The fund invests in a portfolio generally consisting of U.S. Treasury securities and U.S. government agency securities with maturities of not less than one year and not more than three years, and related derivative contracts. It buys and sells portfolio securities based primarily on its market outlook and analysis of how securities may perform under different market conditions. 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.
Fund Info
ISIN | US31428M1009 |
---|---|
CUSIP | 31428M100 |
Issuer | Federated |
Inception Date | Mar 14, 1984 |
Category | Government Bonds |
Min. Investment | $1,000,000 |
Asset Class | Bond |
Expense Ratio
FSGVX has a high expense ratio of 0.41%, 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-Term 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-Term Government Fund had a return of 0.76% year-to-date (YTD) and 2.81% in the last 12 months. Over the past 10 years, Federated Hermes Short-Term Government Fund had an annualized return of 0.70%, while the S&P 500 had an annualized return of 10.90%, indicating that Federated Hermes Short-Term Government Fund did not perform as well as the benchmark.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 0.76% | 11.05% |
1 month | 0.69% | 4.86% |
6 months | 2.07% | 17.50% |
1 year | 2.81% | 27.37% |
5 years (annualized) | 0.85% | 13.14% |
10 years (annualized) | 0.70% | 10.90% |
Monthly Returns
The table below presents the monthly returns of FSGVX, 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 | 0.77% | -0.44% | 0.10% | -0.10% | 0.76% | ||||||||
2023 | 1.12% | -0.72% | 1.45% | -0.00% | -0.07% | -0.50% | 0.34% | 0.35% | -0.42% | 0.52% | 1.20% | 0.73% | 4.04% |
2022 | -0.65% | -0.46% | -1.33% | -0.51% | 0.51% | -0.44% | 0.30% | -0.72% | -1.41% | -0.13% | 0.73% | -0.21% | -4.24% |
2021 | -0.05% | -0.14% | -0.09% | 0.05% | 0.00% | -0.10% | 0.04% | 0.06% | -0.07% | -0.39% | -0.04% | -0.17% | -0.88% |
2020 | 0.46% | 0.82% | 1.00% | 0.27% | 0.17% | 0.07% | 0.07% | -0.02% | 0.07% | -0.13% | 0.06% | 0.06% | 2.95% |
2019 | 0.30% | -0.01% | 0.60% | 0.10% | 0.69% | 0.48% | -0.11% | 0.68% | -0.11% | 0.28% | -0.12% | 0.17% | 2.98% |
2018 | -0.32% | -0.01% | 0.15% | -0.24% | 0.36% | -0.03% | -0.02% | 0.27% | -0.13% | 0.08% | 0.39% | 0.69% | 1.20% |
2017 | 0.06% | 0.07% | 0.02% | 0.10% | 0.09% | -0.09% | 0.10% | 0.19% | -0.12% | -0.08% | -0.15% | -0.01% | 0.17% |
2016 | 0.42% | 0.03% | 0.36% | -0.02% | -0.09% | 0.41% | -0.08% | -0.19% | 0.15% | -0.02% | -0.30% | -0.01% | 0.68% |
2015 | 0.52% | -0.23% | 0.25% | -0.03% | -0.06% | -0.12% | 0.03% | -0.28% | 0.25% | -0.07% | -0.23% | -0.09% | -0.05% |
2014 | -0.06% | 0.03% | -0.23% | -0.02% | 0.12% | 0.09% | -0.19% | -0.04% | -0.04% | 0.14% | -0.03% | -0.35% | -0.57% |
2013 | -0.19% | 0.02% | -0.05% | -0.04% | -0.33% | -0.23% | 0.13% | -0.25% | 0.13% | 0.04% | 0.42% | -0.06% | -0.40% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FSGVX is 46, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
FSGVX (Federated Hermes Short-Term Government Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Federated Hermes Short-Term Government Fund (FSGVX) 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-Term Government Fund granted a 4.11% dividend yield in the last twelve months. The annual payout for that period amounted to $0.39 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Dividend | $0.39 | $0.37 | $0.21 | $0.06 | $0.11 | $0.23 | $0.19 | $0.12 | $0.10 | $0.10 | $0.08 | $0.05 |
Dividend yield | 4.11% | 3.87% | 2.13% | 0.57% | 1.06% | 2.25% | 1.87% | 1.15% | 0.98% | 0.92% | 0.76% | 0.44% |
Monthly Dividends
The table displays the monthly dividend distributions for Federated Hermes Short-Term 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 | $0.03 | $0.03 | $0.03 | $0.04 | $0.00 | $0.13 | |||||||
2023 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.04 | $0.37 |
2022 | $0.00 | $0.00 | $0.01 | $0.02 | $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 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 |
2020 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.11 |
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 | $0.23 |
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 | $0.19 |
2017 | $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 |
2016 | $0.00 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.10 |
2015 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.00 | $0.01 | $0.01 | $0.10 |
2014 | $0.00 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.00 | $0.08 |
2013 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 |
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-Term 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-Term Government Fund was 9.38%, occurring on Jun 3, 1985. Recovery took 2 trading sessions.
The current Federated Hermes Short-Term Government Fund drawdown is 0.51%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-9.38% | Jun 3, 1985 | 1 | Jun 3, 1985 | 2 | Jun 5, 1985 | 3 |
-8.89% | Apr 1, 1986 | 19 | Apr 25, 1986 | 384 | Oct 30, 1987 | 403 |
-6.15% | Oct 2, 2020 | 524 | Oct 20, 2022 | — | — | — |
-2.03% | Feb 1, 1994 | 67 | May 9, 1994 | 80 | Aug 31, 1994 | 147 |
-1.69% | Apr 1, 2008 | 52 | Jun 12, 2008 | 48 | Aug 20, 2008 | 100 |
Volatility
Volatility Chart
The current Federated Hermes Short-Term Government Fund volatility is 0.64%, 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.