Federated Hermes Government Income Fund Service Shares (FITSX)

Fund Assets	132.32M
Expense Ratio	0.881%
Min. Investment	$1,000,000
Turnover	292.00%
Dividend (ttm)	0.32
Dividend Yield	3.71%
Dividend Growth	4.12%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	8.64
YTD Return	-2.65%
1-Year Return	-1.59%
5-Year Return	-5.21%
52-Week Low	8.54
52-Week High	9.28
Beta (5Y)	-0.02
Holdings	98
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.

• Fund Family: Federated
• Category: US Mortgage
• Performance Rating: Below Average
• Risk Rating: High
• Stock Exchange: Nasdaq
• Ticker Symbol: FITSX
• Share Class: Service Shares
• Index: Bloomberg US MBS TR

Performance

FITSX had a total return of -1.59% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.45%.

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
Sep 30, 2026	$0.02691	Sep 30, 2026
Aug 31, 2026	$0.0274	Aug 31, 2026
Jul 31, 2026	$0.02789	Jul 31, 2026
Jun 30, 2026	$0.0281	Jun 30, 2026
May 29, 2026	$0.02636	May 29, 2026
Apr 30, 2026	$0.02774	Apr 30, 2026

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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