FSGVX

About FSGVX

Federated Hermes Short-Term Government Fund Institutional Shares is an open-end mutual fund focused on high-quality, short-duration U.S. government fixed income. The fund’s primary objective is current income, achieved by investing mainly in U.S. Treasury securities and U.S. government agency obligations, typically with maturities between one and three years, and may include related derivatives for portfolio management purposes. Its mandate centers on preserving capital and managing interest-rate sensitivity through a limited duration profile, positioning it as a conservative core bond holding within the short-term government category. The strategy targets exposures tied to the U.S. government credit, emphasizing liquidity and transparency while seeking to mitigate credit risk relative to corporate bonds. Managed by Federated Hermes, the fund tracks performance against short-duration government benchmarks and publishes regular updates on returns, expenses, and holdings mix, reflecting its disciplined risk management and income-centric approach. It plays a role in cash management and ballast within diversified portfolios, offering a steady income profile aligned with short-maturity government securities markets.