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Federated Hermes Shrt-Interm TR Bd IS (FGCIX)

9.89 +0.01 (+0.10%)
At close: 8:01 PM EDT

Fund Summary

The fund's overall investment strategy is to invest in a portfolio consisting primarily of U.S. Treasury securities, U.S. government agency securities, (including mortgage-backed securities issued or guaranteed by U.S. government agencies or instrumentalities), mortgage-backed securities (MBS), asset-backed securities and investment-grade corporate securities. It will invest at least 80% of its net assets plus the amount of any borrowing for investment purposes in fixed-income securities. The fund may invest its assets in securities of other investment companies, including the securities of affiliated money market funds.

Federated Hermes Shrt-Interm TR Bd IS

Pittsburgh, PA 15222-3779
5800 Corporate Drive

Fund Overview

Category Short-Term Bond
Fund Family Federated
Net Assets 912.24M
YTD Return 0.22%
Yield 2.94%
Morningstar Rating
Inception Date Jan 31, 2014

Fund Operations

Last Dividend 0.08
Last Cap Gain -14.00
Holdings Turnover 39.00%
Average for Category --

Fees & Expenses

Expense FGCIX Category Average
Annual Report Expense Ratio (net) 0.63% 0.68%
Prospectus Net Expense Ratio 0.63% --
Prospectus Gross Expense Ratio 0.71% --
Max 12b1 Fee -- --
Max Front End Sales Load -- 2.59%
Max Deferred Sales Load -- 1.12%
3 Yr Expense Projection 0 --
5 Yr Expense Projection 0 --
10 Yr Expense Projection 0 --

Management Information

John T. Gentry, Lead Manager since November 30, 2013
John Gentry is Senior Vice President, Senior Portfolio Manager and Head of the Domestic High Grade Corporate Bond Group. Mr. Gentry joined Federated in 1995. Prior to joining Federated, he was a Senior Treasury Analyst at Sun Company, Inc. and an Analyst at Golembe Associates, Inc. He has worked in investment management since 1990 and has managed investment portfolios since 1997. Mr. Gentry has received the Chartered Financial Analyst designation. Mr. Gentry received his B.A. from the University of Virginia and M.B.A. from Cornell University.

Morningstar Style Box

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Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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