- What does FIGIX invest in?
- The fund buys and sells portfolio securities based primarily on the Adviser's market outlook and analysis of how securities may perform under different market conditions. It may also use derivative contracts and/or hybrid instruments to implement elements of its strategies, particularly to manage duration and hedge against potential losses. The fund may also invest in government securities that are supported by the full faith and credit of the U.S. government.
- What is the expense ratio of FIGIX?
- Federated Hermes Short-Interm Govt Svc (FIGIX) charges an expense ratio of 0.83%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is FIGIX?
- Federated Hermes Short-Interm Govt Svc (FIGIX) manages $103.7M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is FIGIX actively managed or an index fund?
- FIGIX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was FIGIX launched?
- Federated Hermes Short-Interm Govt Svc (FIGIX) launched in June 1992 and is managed by Federated Hermes.
- How has FIGIX performed?
- FIGIX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
