Federated Hermes Government Income Fund Institutional Shares (FICMX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

8.69

+0.05 (0.58%)

At close: Oct 15, 2026

Fund Assets	132.32M
Expense Ratio	0.629%
Min. Investment	$1,000,000
Turnover	292.00%
Dividend (ttm)	0.34
Dividend Yield	3.92%
Dividend Growth	4.05%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	8.64
YTD Return	-2.51%
1-Year Return	-1.40%
5-Year Return	-4.50%
52-Week Low	8.54
52-Week High	9.28
Beta (5Y)	0.27
Holdings	98
Inception Date	Mar 30, 1982

About FICMX

Federated Hermes Government Income Fund Institutional Shares is a mutual fund specializing in fixed income investments. Its primary objective is to provide current income by investing predominantly in high-quality U.S. government securities, with a particular emphasis on mortgage-backed securities issued or guaranteed by federal agencies such as the Government National Mortgage Association (Ginnie Mae), Federal National Mortgage Association (Fannie Mae), and Federal Home Loan Mortgage Corporation (Freddie Mac). The fund is structured for institutional investors and requires a substantial minimum initial investment. Its portfolio is characterized by a high credit quality profile and moderate sensitivity to interest rate movements, with an effective duration of approximately six years. Federated Hermes Government Income Fund Institutional Shares plays a key role in the financial market by offering investors exposure to government-related bonds and mortgage-backed securities, aiming for a steady income stream while seeking to manage interest rate and credit risks. The fund's strategy supports institutions and large investors seeking stability and liquidity within the U.S. fixed income sector.

Fund Family Federated

Category US Mortgage

Performance Rating Below Average

Risk Rating High

Stock Exchange Nasdaq

Ticker Symbol FICMX

Share Class Institutional Shares

Index Bloomberg US MBS TR

Performance

FICMX had a total return of -1.40% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.47%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
FITSX	Service Shares	0.84%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.02834	Sep 30, 2026
Aug 31, 2026	$0.02881	Aug 31, 2026
Jul 31, 2026	$0.02935	Jul 31, 2026
Jun 30, 2026	$0.02957	Jun 30, 2026
May 29, 2026	$0.02789	May 29, 2026
Apr 30, 2026	$0.02923	Apr 30, 2026

Full Dividend History