- ISIN
- US31420C7048
- CUSIP
- 31420C704
- Issuer
- Federated
- Inception Date
- Oct 5, 1969
- Category
- Government Bonds
- Min. Investment
- $1,500
- Distribution Policy
- Distributing
- Asset Class
- Bond
Share Price Chart
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Performance
FUSGX Performance Chart
Federated Hermes Fund For US Governent Securities (FUSGX) is up 0.3% since the beginning of the year. FUSGX is currently trading at $6 per share. Investors who bought $1,000 worth of FUSGX shares 5 years ago would now be looking at an investment worth $992.
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Returns By Period
Federated Hermes Fund For US Governent Securities (FUSGX) has returned 0.34% so far this year and 5.70% over the past 12 months. Over the last ten years, FUSGX has returned 0.74% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Federated Hermes Fund For US Governent Securities
- 1D
- 0.32%
- 1M
- 0.81%
- YTD
- 0.34%
- 6M
- 0.65%
- 1Y
- 5.70%
- 3Y*
- 3.72%
- 5Y*
- -0.17%
- 10Y*
- 0.74%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
FUSGX Monthly Returns History
Based on dividend-adjusted daily data since Jan 3, 1980, FUSGX's average daily return is +0.01%, while the average monthly return is +0.18%. At this rate, an investment would double in approximately 32.1 years.
Historically, 59% of months were positive and 41% were negative. The best month was Nov 1981 with a return of +15.4%, while the worst month was Dec 1981 at -9.2%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 9 months.
On a daily basis, FUSGX closed higher 39% of trading days. The best single day was Apr 14, 1982 with a return of +6.3%, while the worst single day was Sep 24, 1981 at -4.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.79% | 1.28% | -2.04% | 0.17% | 0.17% | -0.00% | 0.34% | ||||||
| 2025 | 0.92% | 1.90% | 0.02% | 0.15% | -1.12% | 1.81% | -0.15% | 1.81% | 1.29% | 0.63% | 0.33% | 0.19% | 8.00% |
| 2024 | -0.36% | -1.81% | 0.94% | -3.13% | 1.82% | 1.46% | 2.60% | 1.42% | 1.38% | -3.02% | 1.27% | -1.86% | 0.48% |
| 2023 | 2.97% | -2.59% | 1.84% | 0.55% | -0.86% | -0.54% | -0.06% | -1.02% | -3.16% | -2.41% | 5.37% | 4.45% | 4.20% |
| 2022 | -1.39% | -0.99% | -2.69% | -3.05% | 0.78% | -1.47% | 2.94% | -3.38% | -4.89% | -1.73% | 3.72% | -0.26% | -12.04% |
| 2021 | -0.05% | -0.70% | -0.54% | 0.42% | -0.40% | -0.14% | 0.54% | -0.13% | -0.40% | -0.41% | -0.13% | -0.24% | -2.17% |
Benchmark Metrics
Federated Hermes Fund For US Governent Securities has an annualized alpha of 2.05%, beta of 0.01, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since January 03, 1980.
- This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (9.47%) than losses (6.37%) - typical of diversified or defensive assets.
- Beta of 0.01 may look defensive, but with R2 of 0.00 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
- R2 of 0.00 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 2.05%
- Beta
- 0.01
- R²
- 0.00
- Upside Capture
- 9.47%
- Downside Capture
- 6.37%
Expense Ratio
FUSGX has a high expense ratio of 0.96%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
FUSGX ranks 23 for risk / return — below 23% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Federated Hermes Fund For US Governent Securities (FUSGX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FUSGX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.79 | ||
| Sortino ratioReturn per unit of downside risk | -0.91 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.37 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 1.71 | 2.78 | -1.07 |
| Martin ratioReturn relative to average drawdown | 5.28 | 12.44 | -7.16 |
Dividends
Dividend History
Federated Hermes Fund For US Governent Securities provided a 3.95% dividend yield over the last twelve months, with an annual payout of $0.25 per share. The fund has been increasing its distributions for 4 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.25 | $0.24 | $0.22 | $0.19 | $0.14 | $0.12 | $0.15 | $0.19 | $0.18 | $0.17 | $0.18 | $0.19 |
Dividend yield | 3.95% | 3.76% | 3.60% | 3.08% | 2.33% | 1.63% | 2.06% | 2.51% | 2.51% | 2.32% | 2.39% | 2.53% |
Monthly Dividends
The table displays the monthly dividend distributions for Federated Hermes Fund For US Governent Securities. 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.00 | $0.10 | ||||||
| 2025 | $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 |
| 2024 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.22 |
| 2023 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.19 |
| 2022 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.14 |
| 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 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Federated Hermes Fund For US Governent Securities. 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 Fund For US Governent Securities was 33.96%, occurring on Sep 30, 1981. Recovery took 4097 trading sessions.
The current Federated Hermes Fund For US Governent Securities drawdown is 2.45%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
1981 bear market1981 | -33.96%Sep 1981 | 1y 3mo | 16y 2mo | 17y 5moJun 1980 - Dec 1997 |
2023 correction2023 | -19.13%Oct 2023 | 2y 8mo | — | 5y 4moFeb 2021 - now |
1980 correction1980 | -16.09%Feb 1980 | 1mo 23d | 2mo 9d | 4mo 2dJan 1980 - May 1980 |
2013 pullback2013 | -4.19%Sep 2013 | 4mo 6d | 8mo 3d | 1y 4dMay 2013 - May 2014 |
1999 pullback1999 | -3.98%Aug 1999 | 3mo 12d | 2mo 27d | 6mo 9dApr 1999 - Nov 1999 |
Drawdown Indicators
| FUSGX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.96% | -56.78% | +22.82% |
Max Drawdown (1Y)Largest decline over 1 year | -3.44% | -9.10% | +5.66% |
Max Drawdown (3Y)Largest decline over 3 years | -7.88% | -18.90% | +11.02% |
Max Drawdown (5Y)Largest decline over 5 years | -18.46% | -25.43% | +6.97% |
Max Drawdown (10Y)Largest decline over 10 years | -19.13% | -33.92% | +14.79% |
Current DrawdownCurrent decline from peak | -2.45% | -1.80% | -0.65% |
Average DrawdownAverage peak-to-trough decline | -4.68% | -10.71% | +6.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.11% | 2.03% | -0.92% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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