Federated Hermes Government Income Fund - Service Shares

Frequently Asked Questions About FITSX

What does FITSX invest in?

The primary objective of this fund is to generate current income for its investors. Under typical market conditions, its main holdings consist of high-quality mortgage-backed securities (MBS), with the goal of achieving returns consistent with the overall U.S. residential mortgage market. Specifically, the fund focuses on MBS that are either issued directly by or guaranteed by U.S. government agencies or government-sponsored enterprises (GSEs). The portfolio also has the flexibility to include U.S. government securities and certain types of derivative instruments.

What is the expense ratio of FITSX?

Federated Hermes Government Income Fund - Service Shares (FITSX) charges an expense ratio of 0.84%. This is the annual fee deducted from fund assets to cover management and operations.

What is FITSX's dividend yield?

FITSX's trailing-twelve-month yield is 3.67%, calculated from the sum of dividends over the past year divided by the current price.

How big is FITSX?

Federated Hermes Government Income Fund - Service Shares (FITSX) manages $136.0M 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 FITSX actively managed or an index fund?

FITSX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was FITSX launched?

Federated Hermes Government Income Fund - Service Shares (FITSX) launched in June 1992 and is managed by Federated Hermes.