Federated Hermes Short-Intermediate Government Fund Institutional Shares (FIGTX)
| Fund Assets | 97.83M |
| Expense Ratio | 0.60% |
| Min. Investment | $1,000,000 |
| Turnover | 81.00% |
| Dividend (ttm) | 0.37 |
| Dividend Yield | 3.70% |
| Dividend Growth | -6.20% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 9.86 |
| YTD Return | 0.79% |
| 1-Year Return | 6.29% |
| 5-Year Return | 1.11% |
| 52-Week Low | 9.26 |
| 52-Week High | 9.86 |
| Beta (5Y) | n/a |
| Holdings | 42 |
| Inception Date | Feb 18, 1983 |
About FIGTX
Federated Hermes Short-Intermediate Government Fund Institutional Shares is an actively managed open‑end mutual fund focused on generating current income from high-quality, short‑ to intermediate‑term U.S. government debt. The portfolio primarily holds U.S. Treasury securities and government agency mortgage‑backed securities, emphasizing a conservative credit profile with a predominantly AA quality mix and limited credit risk exposure. The strategy targets the short government segment with a typical effective duration around the mid‑3‑year range and a weighted average maturity near five years, positioning it to balance income with moderate interest‑rate sensitivity. The fund benchmarks against the ICE BofA 3‑5 Year U.S. Treasury Index and distributes dividends monthly. With a history dating back more than four decades and a research‑driven process that may incorporate derivatives to manage duration and hedge risk, it serves as a core fixed income holding for institutions seeking stability, liquidity, and consistent cash flow from government-backed securities. The mandate’s emphasis on Treasuries and agency MBS underpins its role in capital preservation and in dampening portfolio volatility during shifting rate environments.
Performance
FIGTX had a total return of 6.29% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.81%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.02729 | Jan 30, 2026 |
| Dec 31, 2025 | $0.02951 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02974 | Nov 28, 2025 |
| Oct 31, 2025 | $0.0309 | Oct 31, 2025 |
| Sep 30, 2025 | $0.03023 | Sep 30, 2025 |
| Aug 29, 2025 | $0.03071 | Aug 29, 2025 |