FSGIX

About FSGIX

Federated Hermes Short-Term Government Fund Service Shares is an actively managed mutual fund focused on delivering current income with modest interest rate sensitivity. The portfolio primarily invests in a diversified mix of U.S. Treasury securities and U.S. government agency securities, emphasizing maturities in the short end of the curve to help manage duration risk and price volatility. The fund’s strategy seeks to balance income generation with capital preservation by concentrating on high-quality government-backed instruments, positioning it as a conservative option within the short-term bond category. Federated Hermes provides ongoing management and risk oversight, with performance commonly evaluated against benchmarks that track one- to three-year government debt. Distributions are generally paid monthly, reflecting the fund’s income-oriented mandate. Overall, Federated Hermes Short-Term Government Fund Service Shares serves investors looking for a high-credit-quality bond allocation that targets steady income and lower interest rate exposure relative to intermediate- or long-duration bond funds.