FUSCX

About FUSCX

The Federated Hermes Fund for U.S. Government Securities Class C Shares is a mutual fund focused on providing exposure to fixed income securities backed by the U.S. government. Its primary function is to invest the majority of its assets—at least 80%—in obligations such as U.S. Treasury bonds, government agency securities, and investment-grade mortgage-backed securities. This strategy emphasizes credit quality and aims to minimize default risk by concentrating on government-backed instruments. The fund is categorized within the intermediate-government sector, reflecting typical portfolio durations between 3.5 and 6 years, and seeks to balance yield with relative stability. Its portfolio is diversified but concentrated in U.S. government and agency-backed instruments, which underpin its role as a potential core fixed income holding for investors seeking income and lower credit risk. With actively managed allocations and periodic rebalancing, the fund is designed to respond to changing market conditions while maintaining a focus on capital preservation and reliable income within the context of the broader bond market.