Federated Hermes Global Total Return Bond Fund (FTIIX)
The fund invests primarily in investment-grade, fixed-income securities, including U.S. and non-U.S. government, agency, inflation protected, mortgage-related, loan participation, asset-backed and corporate debt securities. It may invest up to 25% of its total assets in non investment-grade, fixed-income securities. The fund may use derivative contracts (such as, for example, futures contracts, option contracts and swap contracts) and/or hybrid instruments to implement its investment strategy and to hedge against potential losses. It is non-diversified.
Fund Info
| ISIN | US31420G4082 |
|---|---|
| CUSIP | 31420G408 |
| Issuer | Federated |
| Inception Date | Jun 3, 1991 |
| Category | Global Bonds |
| Min. Investment | $1,500 |
| Asset Class | Bond |
Expense Ratio
FTIIX has a high expense ratio of 1.03%, 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 Global Total Return Bond 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 Global Total Return Bond Fund had a return of -3.96% year-to-date (YTD) and -2.60% in the last 12 months. Over the past 10 years, Federated Hermes Global Total Return Bond Fund had an annualized return of -1.81%, while the S&P 500 had an annualized return of 10.84%, indicating that Federated Hermes Global Total Return Bond Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -3.96% | 10.00% |
| 1 month | 0.50% | 2.41% |
| 6 months | 1.76% | 16.70% |
| 1 year | -2.60% | 26.85% |
| 5 years (annualized) | -2.28% | 12.81% |
| 10 years (annualized) | -1.81% | 10.84% |
Monthly Returns
The table below presents the monthly returns of FTIIX, 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 | -2.04% | -1.22% | 0.62% | -2.96% | -3.96% | ||||||||
| 2023 | 3.05% | -3.67% | 3.44% | -0.00% | -1.90% | -0.48% | 0.61% | -1.45% | -3.31% | -1.40% | 5.02% | 4.40% | 3.89% |
| 2022 | -2.04% | -1.45% | -3.06% | -5.00% | 0.11% | -3.20% | 1.65% | -4.07% | -4.96% | -0.76% | 4.88% | 0.37% | -16.58% |
| 2021 | -1.13% | -1.82% | -2.04% | 1.59% | 1.08% | -0.58% | 0.97% | -0.29% | -1.64% | -0.69% | -0.59% | 0.37% | -4.75% |
| 2020 | 1.11% | -0.10% | -4.21% | 1.46% | 1.13% | 1.22% | 3.42% | 0.19% | -0.19% | -0.29% | 2.83% | 2.14% | 8.86% |
| 2019 | 1.47% | -0.52% | 0.93% | -0.31% | 1.03% | 1.94% | -1.10% | 1.42% | -0.70% | 0.60% | -1.00% | 1.21% | 5.03% |
| 2018 | 0.80% | -0.80% | 0.90% | -1.69% | -1.11% | -0.51% | -0.21% | -0.51% | -0.41% | -1.35% | 0.32% | 1.98% | -2.62% |
| 2017 | 0.85% | 0.11% | 0.53% | 1.15% | 1.34% | 0.00% | 1.63% | 0.80% | -1.10% | -0.50% | 0.91% | 0.23% | 6.09% |
| 2016 | 0.93% | 3.80% | 3.26% | 2.10% | -2.25% | 3.26% | 1.02% | -1.01% | 0.65% | -4.34% | -5.69% | -1.32% | -0.09% |
| 2015 | -0.89% | -0.90% | -1.41% | 1.54% | -3.43% | -0.10% | -0.00% | 1.26% | 0.83% | -0.10% | -2.36% | 1.47% | -4.17% |
| 2014 | 1.45% | 1.81% | 0.00% | 1.50% | 0.00% | 1.11% | -1.01% | -0.19% | -3.88% | -0.67% | -1.55% | -0.79% | -2.33% |
| 2013 | -1.79% | -2.65% | -0.75% | 1.23% | -3.45% | -0.97% | 2.05% | -0.57% | 2.11% | 1.04% | -1.40% | -1.12% | -6.25% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FTIIX is 1, indicating that it is in the bottom 1% 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.
FTIIX (Federated Hermes Global Total Return Bond Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Federated Hermes Global Total Return Bond Fund (FTIIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Federated Hermes Global Total Return Bond Fund granted a 2.22% dividend yield in the last twelve months. The annual payout for that period amounted to $0.18 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.18 | $0.18 | $0.00 | $0.26 | $0.16 | $0.14 | $0.17 | $0.01 | $0.24 | $0.00 | $0.00 | $0.14 |
Dividend yield | 2.22% | 2.13% | 0.00% | 2.62% | 1.55% | 1.40% | 1.76% | 0.13% | 2.55% | 0.00% | 0.00% | 1.38% |
Monthly Dividends
The table displays the monthly dividend distributions for Federated Hermes Global Total Return Bond 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 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.18 | $0.18 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.26 | $0.26 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.16 | $0.16 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.14 | $0.14 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.17 | $0.17 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.01 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.24 | $0.24 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2013 | $0.14 | $0.14 |
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 Global Total Return Bond 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 Global Total Return Bond Fund was 25.98%, occurring on Oct 20, 2022. The portfolio has not yet recovered.
The current Federated Hermes Global Total Return Bond Fund drawdown is 20.94%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -25.98% | Jan 6, 2021 | 452 | Oct 20, 2022 | — | — | — |
| -22.84% | Jan 5, 1999 | 465 | Oct 25, 2000 | 550 | Jan 10, 2003 | 1015 |
| -17.52% | Aug 24, 2011 | 950 | Jun 5, 2015 | 1403 | Dec 30, 2020 | 2353 |
| -14.7% | Oct 25, 1993 | 173 | Jun 22, 1994 | 228 | May 8, 1995 | 401 |
| -13.78% | Mar 18, 2008 | 160 | Nov 3, 2008 | 189 | Aug 5, 2009 | 349 |
Volatility
Volatility Chart
The current Federated Hermes Global Total Return Bond Fund volatility is 1.51%, 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.