Federated Hermes Inflation Protected Securities Fund (RRFIX)
The investment seeks to provide current income and real total returns. The fund pursues its investment objective by investing primarily in investment-grade, inflation-indexed bonds issued by the U.S. government, its agencies or instrumentalities and corporations. Inflation-indexed bonds are fixed-income securities that are structured to provide protection against inflation. It may invest in derivative instruments, such as credit default swap agreements, to synthesize inflation-indexed bonds.
Fund Info
US31420C7535
31420C753
Oct 17, 2006
$1,000,000
Expense Ratio
RRFIX features an expense ratio of 0.37%, falling within the medium range.
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 Inflation Protected Securities 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 Inflation Protected Securities Fund had a return of 1.66% year-to-date (YTD) and 4.59% in the last 12 months. Over the past 10 years, Federated Hermes Inflation Protected Securities Fund had an annualized return of 2.20%, while the S&P 500 had an annualized return of 11.31%, indicating that Federated Hermes Inflation Protected Securities Fund did not perform as well as the benchmark.
RRFIX
1.66%
1.14%
-0.03%
4.59%
1.45%
2.20%
^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of RRFIX, 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 | 1.35% | 1.66% | |||||||||||
| 2024 | 0.51% | -1.42% | 0.56% | -1.64% | 1.56% | 0.71% | 2.07% | 0.91% | 1.65% | -1.99% | 0.41% | -1.50% | 1.73% |
| 2023 | 2.01% | -1.68% | 3.29% | 0.19% | -1.36% | -1.24% | 0.20% | -0.81% | -1.88% | -0.63% | 2.52% | 2.24% | 2.73% |
| 2022 | -1.84% | 1.11% | -1.85% | -2.25% | -0.62% | -3.23% | 4.49% | -2.87% | -6.80% | 1.41% | 1.89% | -1.39% | -11.73% |
| 2021 | 0.51% | -1.36% | -0.00% | 1.21% | 1.02% | 0.36% | 2.38% | -0.17% | -0.77% | 1.36% | 0.67% | 0.34% | 5.64% |
| 2020 | 1.96% | 0.64% | -1.51% | 2.69% | 0.45% | 1.17% | 2.31% | 1.39% | -0.38% | -0.86% | 1.30% | 1.20% | 10.77% |
| 2019 | 1.69% | -0.10% | 1.66% | 0.48% | 1.63% | 0.89% | 0.19% | 2.17% | -1.19% | -0.00% | 0.37% | 0.32% | 8.36% |
| 2018 | 0.10% | -0.48% | 0.36% | 0.29% | 0.10% | 0.61% | -0.38% | 0.58% | -0.88% | -1.46% | 0.30% | -0.05% | -0.94% |
| 2017 | 0.77% | 0.19% | 0.03% | 0.10% | -0.29% | -0.77% | 0.58% | 0.39% | -0.17% | 0.48% | 0.10% | 0.95% | 2.37% |
| 2016 | 0.00% | 0.50% | 2.19% | 0.68% | -0.87% | 0.79% | 0.68% | 0.29% | 0.93% | 0.19% | 0.10% | -0.07% | 5.51% |
| 2015 | 1.17% | 0.29% | -0.86% | 1.45% | -0.95% | -0.29% | -0.10% | -1.16% | -1.13% | 1.00% | -0.20% | -1.18% | -2.00% |
| 2014 | 0.76% | 0.47% | -0.09% | 1.03% | 1.20% | 0.52% | -0.09% | -0.09% | -2.34% | 0.47% | -0.47% | -1.61% | -0.31% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of RRFIX is 45, 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 Inflation Protected Securities Fund (RRFIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Federated Hermes Inflation Protected Securities Fund provided a 3.76% dividend yield over the last twelve months, with an annual payout of $0.37 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.37 | $0.37 | $0.37 | $0.65 | $0.42 | $0.11 | $0.21 | $0.25 | $0.22 | $0.17 | $0.07 | $0.24 |
Dividend yield | 3.76% | 3.82% | 3.73% | 6.57% | 3.52% | 0.94% | 1.95% | 2.43% | 2.15% | 1.64% | 0.74% | 2.36% |
Monthly Dividends
The table displays the monthly dividend distributions for Federated Hermes Inflation Protected Securities 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | ||||||||||
| 2024 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.13 | $0.37 |
| 2023 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.16 | $0.37 |
| 2022 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.18 | $0.65 |
| 2021 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.11 | $0.42 |
| 2020 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.05 | $0.11 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.21 |
| 2018 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.08 | $0.25 |
| 2017 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.12 | $0.22 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.07 | $0.17 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.00 | $0.07 |
| 2014 | $0.12 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.08 | $0.24 |
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 Inflation Protected Securities 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 Inflation Protected Securities Fund was 14.69%, occurring on Nov 24, 2008. Recovery took 198 trading sessions.
The current Federated Hermes Inflation Protected Securities Fund drawdown is 6.93%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -14.69% | Mar 13, 2008 | 178 | Nov 24, 2008 | 198 | Sep 9, 2009 | 376 |
| -14.68% | Mar 9, 2022 | 398 | Oct 6, 2023 | — | — | — |
| -9.63% | Mar 9, 2020 | 9 | Mar 19, 2020 | 27 | Apr 28, 2020 | 36 |
| -8.92% | Dec 11, 2012 | 783 | Jan 21, 2016 | 559 | Apr 11, 2018 | 1342 |
| -4.3% | Nov 10, 2021 | 64 | Feb 10, 2022 | 17 | Mar 8, 2022 | 81 |
Volatility
Volatility Chart
The current Federated Hermes Inflation Protected Securities Fund volatility is 1.22%, 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.