Federated Hermes Total Return Bond Fund Institutional Shares (FTRBX)
Federated Hermes Total Return Bond Fund (FTRBX) aims to achieve its investment objective by primarily investing in U.S. dollar-denominated, investment-grade fixed-income securities. Additionally, it may allocate assets to high-yield, non-U.S. dollar denominated, and emerging market fixed-income securities. However, the fund will typically not hold more than 10% of its assets in unhedged non-U.S. dollar denominated fixed-income securities.
Fund Info
US31428Q1013
31428Q101
Oct 1, 1996
$1,000,000
Expense Ratio
FTRBX features an expense ratio of 0.39%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Federated Hermes Total Return Bond Fund Institutional Shares, 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 Total Return Bond Fund Institutional Shares had a return of 0.48% year-to-date (YTD) and 4.59% in the last 12 months. Over the past 10 years, Federated Hermes Total Return Bond Fund Institutional Shares had an annualized return of 1.74%, while the S&P 500 had an annualized return of 11.29%, indicating that Federated Hermes Total Return Bond Fund Institutional Shares did not perform as well as the benchmark.
FTRBX
0.48%
0.81%
-1.02%
4.59%
-0.23%
1.74%
^GSPC (Benchmark)
4.22%
2.22%
9.51%
22.46%
12.74%
11.29%
Monthly Returns
The table below presents the monthly returns of FTRBX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.48% | 0.48% | |||||||||||
| 2024 | 0.35% | -1.52% | 0.64% | -2.05% | 1.58% | 0.54% | 2.83% | 1.16% | 1.88% | -2.44% | 0.63% | -1.10% | 2.37% |
| 2023 | 3.38% | -2.49% | 2.33% | 0.31% | -0.81% | -0.62% | 0.12% | -0.62% | -2.78% | -1.42% | 4.76% | 3.23% | 5.19% |
| 2022 | -1.94% | -1.16% | -2.28% | -3.81% | 0.47% | -1.75% | 2.32% | -2.38% | -4.01% | -1.33% | 3.54% | -0.96% | -12.76% |
| 2021 | -0.60% | -0.84% | -0.80% | 0.87% | 0.18% | 1.06% | 0.70% | 0.24% | -0.66% | -0.09% | 0.08% | -0.90% | -0.77% |
| 2020 | 1.71% | 1.13% | -2.82% | 2.71% | 1.56% | 1.17% | 2.04% | -0.36% | -0.03% | -0.40% | 1.76% | -1.08% | 7.50% |
| 2019 | 1.73% | 0.18% | 1.82% | 0.31% | 1.07% | 1.60% | 0.29% | 1.93% | -0.36% | 0.35% | 0.09% | 0.37% | 9.76% |
| 2018 | -0.75% | -0.95% | 0.28% | -0.56% | 0.47% | -0.18% | 0.39% | 0.38% | -0.20% | -0.95% | 0.11% | 1.13% | -0.85% |
| 2017 | 0.45% | 0.82% | 0.00% | 0.73% | 0.63% | 0.17% | 0.52% | 0.70% | -0.29% | 0.18% | -0.08% | 0.51% | 4.42% |
| 2016 | 0.39% | 0.47% | 1.80% | 1.21% | -0.07% | 1.76% | 1.10% | 0.37% | 0.07% | -0.57% | -2.09% | 0.28% | 4.75% |
| 2015 | 1.90% | -0.45% | 0.25% | -0.09% | -0.26% | -1.09% | 0.56% | -0.63% | 0.19% | 0.57% | -0.37% | -0.70% | -0.16% |
| 2014 | 1.14% | 0.77% | 0.13% | 0.85% | 1.03% | 0.22% | -0.14% | 0.85% | -0.69% | 0.74% | 0.48% | -0.23% | 5.25% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FTRBX is 37, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Federated Hermes Total Return Bond Fund Institutional Shares (FTRBX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Federated Hermes Total Return Bond Fund Institutional Shares provided a 4.51% dividend yield over the last twelve months, with an annual payout of $0.42 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.42 | $0.42 | $0.37 | $0.31 | $0.32 | $0.32 | $0.38 | $0.36 | $0.35 | $0.37 | $0.38 | $0.41 |
Dividend yield | 4.51% | 4.47% | 3.84% | 3.24% | 2.87% | 2.78% | 3.39% | 3.49% | 3.21% | 3.47% | 3.52% | 3.75% |
Monthly Dividends
The table displays the monthly dividend distributions for Federated Hermes Total Return Bond Fund Institutional Shares. 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.04 | $0.00 | $0.04 | ||||||||||
| 2024 | $0.03 | $0.04 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.03 | $0.04 | $0.04 | $0.42 |
| 2023 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.37 |
| 2022 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.31 |
| 2021 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.03 | $0.32 |
| 2020 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.03 | $0.32 |
| 2019 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.38 |
| 2018 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.36 |
| 2017 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.35 |
| 2016 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.37 |
| 2015 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.38 |
| 2014 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.41 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Federated Hermes Total Return Bond Fund Institutional Shares. 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 Total Return Bond Fund Institutional Shares was 18.05%, occurring on Oct 24, 2022. The portfolio has not yet recovered.
The current Federated Hermes Total Return Bond Fund Institutional Shares drawdown is 7.74%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -18.05% | Dec 30, 2020 | 465 | Oct 24, 2022 | — | — | — |
| -9.16% | Mar 9, 2020 | 9 | Mar 19, 2020 | 49 | May 29, 2020 | 58 |
| -8.09% | Sep 10, 2008 | 54 | Nov 24, 2008 | 96 | Apr 15, 2009 | 150 |
| -5.11% | Dec 7, 2012 | 137 | Jun 25, 2013 | 214 | May 1, 2014 | 351 |
| -4.96% | Apr 1, 2004 | 44 | Jun 3, 2004 | 53 | Aug 19, 2004 | 97 |
Volatility
Volatility Chart
The current Federated Hermes Total Return Bond Fund Institutional Shares volatility is 1.30%, 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.