FGCSX

About FGCSX

Federated Hermes Short-Intermediate Total Return Bond Fund Service Class is an actively managed mutual fund focused on delivering total return through a diversified, short‑intermediate duration bond portfolio. It primarily invests in U.S. government and investment‑grade corporate securities, with flexibility to allocate to high yield and emerging markets, including trade finance, within stated limits that cap high yield at 35% and emerging markets at 10% of assets. The portfolio targets a dollar‑weighted average effective duration of roughly 1.5 to 3.5 years, positioning it within the short‑term bond category and aiming to balance interest‑rate sensitivity with income generation. The fund is benchmarked to the Bloomberg 1‑5 Year U.S. Government/Credit Index and emphasizes sector rotation based on anticipated economic and market conditions. Managed by a seasoned team, it serves as a core multi‑sector bond holding for investors seeking diversified exposure across high‑quality government and corporate bonds with selective credit and geographic breadth, distributed through monthly income payments consistent with its total return mandate.