Federated Hermes Inflation Protected Securities Fund Institutional Shares (RRFIX)

Fund Assets	31.74M
Expense Ratio	0.34%
Min. Investment	$1,000,000
Turnover	51.00%
Dividend (ttm)	0.54
Dividend Yield	5.69%
Dividend Growth	37.16%
Payout Frequency	Quarterly
Ex-Dividend Date	Sep 25, 2026

Previous Close	9.51
YTD Return	0.37%
1-Year Return	-0.44%
5-Year Return	-1.19%
52-Week Low	9.26
52-Week High	10.05
Beta (5Y)	0.09
Holdings	34
Inception Date	Oct 18, 2006

About RRFIX

Federated Hermes Inflation Protected Securities Fund Class IS is a mutual fund focused on the objective of capital preservation and appreciation by investing mainly in U.S. government-issued, inflation-indexed bonds, commonly known as Treasury Inflation-Protected Securities (TIPS). It primarily targets investment-grade fixed-income securities that are structured to adjust principal and interest payments in response to changes in the U.S. Consumer Price Index, providing a direct hedge against inflation risk. The fund’s investment approach emphasizes high-quality debt, while minimizing exposure to credit risk, and it may also hold securities from U.S. government agencies or other entities, as well as employ derivatives for efficient portfolio management. Federated Hermes Inflation Protected Securities Fund is designed to appeal to institutional investors seeking stable, inflation-adjusted returns with relatively low credit risk, and plays a significant role in fixed-income allocation strategies that require inflation protection within diversified portfolios.

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

Performance

RRFIX had a total return of -0.44% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.30%.

Equivalent Funds

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

Symbol	Provider	Name	Expense Ratio
VIPIX	Vanguard	Vanguard Inflation-Protected Secs I	0.07%

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%
RRFAX	Class A Shares	0.60%
RRFCX	Class C Shares	1.38%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 25, 2026	$0.0693	Sep 28, 2026
Jun 25, 2026	$0.2666	Jun 26, 2026
Mar 25, 2026	$0.0213	Mar 26, 2026
Dec 30, 2025	$0.1832	Dec 31, 2025
Sep 29, 2025	$0.0847	Sep 30, 2025
Jun 27, 2025	$0.0969	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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