Federated Hermes Government Income Fund Service Shares (FITSX)
| Fund Assets | 150.12M |
| Expense Ratio | 0.84% |
| Min. Investment | $1,000,000 |
| Turnover | 256.00% |
| Dividend (ttm) | 0.32 |
| Dividend Yield | 3.42% |
| Dividend Growth | 9.34% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 9.25 |
| YTD Return | 1.58% |
| 1-Year Return | 8.87% |
| 5-Year Return | -0.86% |
| 52-Week Low | 8.48 |
| 52-Week High | 9.27 |
| Beta (5Y) | n/a |
| Holdings | 95 |
| Inception Date | Jun 2, 1992 |
About FITSX
Federated Hermes Government Income Fund Service Shares is a mutual fund focused on generating current income by investing primarily in fixed-income securities. Its core holdings consist of investment-grade mortgage-backed securities (MBS), particularly those issued or guaranteed by U.S. government agencies and government-sponsored enterprises. The fund may also allocate assets to direct U.S. government securities and select derivative instruments to manage interest rate and portfolio risks. By concentrating on MBS, the fund plays a key role in providing exposure to the U.S. mortgage market while emphasizing credit quality and government backing. With a long operating history since its 1992 inception, this fund offers monthly dividend distributions, making it suitable for investors seeking regular income streams. The fund sits within the intermediate government bond category and is managed by Federated Hermes, a firm known for its expertise in fixed-income management. It holds significance in the financial market as a vehicle for accessing government-backed fixed-income assets, supporting investor demand for stability and income generation within the context of changing interest rate environments.
Performance
FITSX had a total return of 8.87% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.65%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| FICMX | Institutional Shares | 0.64% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.02443 | Jan 30, 2026 |
| Dec 31, 2025 | $0.02901 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02571 | Nov 28, 2025 |
| Oct 31, 2025 | $0.02515 | Oct 31, 2025 |
| Sep 30, 2025 | $0.02627 | Sep 30, 2025 |
| Aug 29, 2025 | $0.02763 | Aug 29, 2025 |