Federated Hermes Inflation Ptctd Sec R6 (FIPRX)
| Fund Assets | 121.85M |
| Expense Ratio | 0.31% |
| Min. Investment | $1,500 |
| Turnover | 87.00% |
| Dividend (ttm) | 0.39 |
| Dividend Yield | 3.91% |
| Dividend Growth | -0.83% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Sep 29, 2025 |
| Previous Close | 10.08 |
| YTD Return | 5.49% |
| 1-Year Return | 3.17% |
| 5-Year Return | n/a |
| 52-Week Low | 9.60 |
| 52-Week High | 10.15 |
| Beta (5Y) | n/a |
| Holdings | 39 |
| Inception Date | Dec 29, 2021 |
About FIPRX
Federated Hermes Inflation Protected Securities Fund R6 is an open-end mutual fund specializing in inflation-indexed fixed-income securities. Its primary objective is to seek current income and real total returns by investing predominantly in investment-grade, inflation-protected bonds issued by the U.S. government and its agencies, as well as select derivatives and other fixed-income assets. A notable characteristic of this fund is its focus on securities that adjust their principal value in response to changes in the Consumer Price Index, thereby helping shield investors’ portfolios from inflation-driven erosion of purchasing power. The fund is managed by Federated Hermes, a recognized name in asset management. The R6 share class targets institutional and retirement plan investors by offering a lower expense ratio—0.75%—and does not impose sales loads. With over half its portfolio concentrated in top U.S. Treasury Inflation-Protected Securities (TIPS) positions, the fund plays a significant role as a hedging tool within diversified portfolios, especially during periods of rising inflation or increased interest rate volatility. It offers annual capital gain distributions and a variable yield shaped by real-time inflation trends.
Performance
FIPRX had a total return of 3.17% in the past year, including dividends. Since the fund's inception, the average annual return has been -0.58%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VIPIX | Vanguard | Vanguard Inflation-Protected Secs I | 0.07% |
Top 10 Holdings
41.69% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury - U.S. Treasury Inflation-Indexed Bonds | TII.2.5 01.15.29 | 4.64% |
| United States Treasury - U.S. Treasury Inflation-Indexed Notes | TII.1.25 04.15.28 | 4.56% |
| United States Treasury - U.S. Treasury Inflation-Indexed Notes | TII.0.125 07.15.30 | 4.51% |
| United States Treasury - U.S. Treasury Inflation-Indexed Notes | TII.1.375 07.15.33 | 4.38% |
| United States Treasury - U.S. Treasury Inflation-Indexed Notes | TII.1.875 07.15.34 | 4.37% |
| United States Treasury - U.S. Treasury Notes | T.3.875 04.30.30 | 4.29% |
| United States Treasury - U.S. Treasury Inflation-Indexed Notes | TII.0.125 10.15.26 | 3.96% |
| United States Treasury - U.S. Treasury Inflation-Indexed Notes | TII.1.625 10.15.27 | 3.74% |
| United States Treasury - U.S. Treasury Inflation-Indexed Notes | TII.2.375 10.15.28 | 3.71% |
| United States Treasury - U.S. Treasury Inflation-Indexed Notes | TII.1.625 10.15.29 | 3.53% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 29, 2025 | $0.0847 | Sep 30, 2025 |
| Jun 27, 2025 | $0.0969 | Jun 30, 2025 |
| Mar 28, 2025 | $0.0819 | Mar 31, 2025 |
| Dec 30, 2024 | $0.1305 | Dec 31, 2024 |
| Sep 27, 2024 | $0.0543 | Sep 30, 2024 |
| Jun 27, 2024 | $0.1489 | Jun 28, 2024 |