Federated Hermes Total Return Government Bond Fund Institutional Shares (FTRGX)

Fund Assets	177.98M
Expense Ratio	0.344%
Min. Investment	$1,000,000
Turnover	37.00%
Dividend (ttm)	0.39
Dividend Yield	4.31%
Dividend Growth	-2.29%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	8.98
YTD Return	-2.25%
1-Year Return	-1.45%
5-Year Return	-5.81%
52-Week Low	8.92
52-Week High	9.60
Beta (5Y)	-0.10
Holdings	101
Inception Date	Oct 19, 1995

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: Intmdt US Govt
• Performance Rating: Average
• Risk Rating: High
• Stock Exchange: Nasdaq
• Ticker Symbol: FTRGX
• Share Class: Institutional Shares
• Index: Bloomberg U.S. Government Bond TR

Performance

FTRGX had a total return of -1.45% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.15%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
FTGLX	Class R6 Shares	0.32%
FTGSX	Service Shares	0.67%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.03216	Sep 30, 2026
Aug 31, 2026	$0.03358	Aug 31, 2026
Jul 31, 2026	$0.03335	Jul 31, 2026
Jun 30, 2026	$0.03177	Jun 30, 2026
May 29, 2026	$0.03192	May 29, 2026
Apr 30, 2026	$0.03228	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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