About FTRGX
Federated Hermes Total Return Government Bond Fund Institutional Shares is an open-ended mutual fund that focuses on achieving capital preservation and appreciation by investing primarily in U.S. government securities. As an institutional share class, it is tailored for large-scale investors with a minimum initial investment requirement of $1,000,000. The fund's portfolio is composed mainly of U.S. Treasury notes and bonds, agency securities, and mortgage-backed securities supported or issued by the government, providing a high-quality credit profile with sensitivity to changes in interest rates. It seeks to deliver a competitive yield—in recent periods, its 12-month yield has stood at approximately 4.4%, surpassing its peer group average. With an effective duration of about six years, the fund typically exhibits moderate interest rate risk for its category. Federated Hermes Total Return Government Bond Fund Institutional Shares serves as a foundational fixed-income allocation for institutional investors aiming to balance risk, income, and capital preservation within diversified portfolios. Managed by Federated Hermes, the fund plays a vital role in the broader bond market by offering liquidity and broad exposure to government-backed fixed-income assets.
Fund Family Federated
Category Intermediate Government
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol FTRGX
Share Class Institutional Shares
Index Bloomberg U.S. Government Bond TR
FTRGX had a total return of 7.97% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.38%.
