Federated Hermes Inflation Ptctd Sec R6 (FIPRX)

Fund Assets	40.04M
Expense Ratio	0.31%
Min. Investment	$1,000,000
Turnover	51.00%
Dividend (ttm)	0.56
Dividend Yield	5.76%
Dividend Growth	52.75%
Payout Frequency	Quarterly
Ex-Dividend Date	Jun 25, 2026

Previous Close	9.65
YTD Return	0.88%
1-Year Return	1.62%
5-Year Return	n/a
52-Week Low	9.56
52-Week High	10.15
Beta (5Y)	n/a
Holdings	43
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.

• Fund Family: Federated
• Category: Inflation-Protected Bond
• Performance Rating: Below Average
• Risk Rating: Above Average
• Stock Exchange: NASDAQ
• Ticker Symbol: FIPRX
• Share Class: Class R6 Shares
• Index: Bloomberg U.S. TIPS TR

Performance

FIPRX had a total return of 1.62% in the past year, including dividends. Since the fund's inception, the average annual return has been -0.25%.

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 Securities Fund Institutional Shares	0.07%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
RRFIX	Institutional Shares	0.35%
RRFAX	Class A Shares	0.60%
RRFCX	Class C Shares	1.38%

Dividend History

Ex-Dividend	Amount	Pay Date
Jun 25, 2026	$0.2666	Jun 26, 2026
Mar 25, 2026	$0.021	Mar 26, 2026
Dec 30, 2025	$0.1831	Dec 31, 2025
Sep 29, 2025	$0.0847	Sep 30, 2025
Jun 27, 2025	$0.0969	Jun 30, 2025
Mar 28, 2025	$0.0819	Mar 31, 2025

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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