Federated Hermes Inflation Protected Securities Fund Class A Shares (RRFAX)

Fund Assets	31.74M
Expense Ratio	0.593%
Min. Investment	$1,500
Turnover	51.00%
Dividend (ttm)	0.52
Dividend Yield	5.46%
Dividend Growth	40.26%
Payout Frequency	Quarterly
Ex-Dividend Date	Sep 25, 2026

Previous Close	9.41
YTD Return	0.34%
1-Year Return	-0.53%
5-Year Return	-2.26%
52-Week Low	9.19
52-Week High	9.98
Beta (5Y)	0.09
Holdings	34
Inception Date	Oct 18, 2006

About RRFAX

Federated Hermes Inflation Protected Securities Fund Class A Shares is a mutual fund that focuses on providing current income and real total returns by investing primarily in inflation-indexed bonds, including U.S. Treasury Inflation-Protected Securities (TIPS), as well as other fixed-income securities and derivatives. The fund’s main purpose is to help investors preserve purchasing power in periods of rising inflation by generating income and returns that are adjusted for changes in the Consumer Price Index. This strategy makes the fund particularly relevant for investors seeking exposure to inflation-hedged fixed income within a diversified portfolio. The asset tends to fluctuate in value due to interest rate changes and the underlying risks associated with both investment-grade and lower-rated securities, as well as the use of derivatives. In the broader financial market, this fund plays a significant role in addressing the needs of investors who are sensitive to inflation risk, aiming to maintain the real value of their investments over time while participating in the fixed-income sector.

• Fund Family: Federated
• Category: Inflation-Protected Bond
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: RRFAX
• Share Class: Class A Shares
• Index: Bloomberg U.S. TIPS TR

Performance

RRFAX had a total return of -0.53% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.01%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FIPDX	Fidelity	Fidelity Inflation-Protected Bond Index Fund	0.05%
SWRSX	Schwab	Schwab Treasury Inflation Protected Securities Index Fund	0.05%
VIPSX	Vanguard	Vanguard Inflation-Protected Securities Fund Investor Shares	0.21%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
FIPRX	Class R6 Shares	0.31%
RRFIX	Institutional Shares	0.35%
RRFCX	Class C Shares	1.38%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 25, 2026	$0.0632	Sep 28, 2026
Jun 25, 2026	$0.2604	Jun 26, 2026
Mar 25, 2026	$0.0153	Mar 26, 2026
Dec 30, 2025	$0.1767	Dec 31, 2025
Sep 29, 2025	$0.0776	Sep 30, 2025
Jun 27, 2025	$0.0901	Jun 30, 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:

Nov 3, 2026

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