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Federated Hermes Government Income Fund - Institutional Shares: (MF: FICMX)
(NASDAQ Mutual Funds) As of May 15, 2024 08:00 PM ET
$8.77 USD
+0.07 (0.81%)
Zacks MF Rank
5-Strong Sell of 5 5
Fund Description
The fund was incepted in March 1982 and is managed by Federated Investment Management Company. The fund's investment objective is to seek current income. The fund pursues its objective by investing primarily in U.S. government securities, including mortgage backed securities and collateralized mortgage obligations. The fund limits its investments to those that would enable it to qualify as a permissible investment for national banks and federal savings associations. The fund offers dividends monthly and capital gains annually.
Load Information
| Ticker | Max Load % |
Deferred Load % |
Red. Fee % |
12B-1 Fee % |
Mgmt Fee % |
Expense Ratio % |
|
|---|---|---|---|---|---|---|---|
| Federated Hermes Government Inc IS | FICMX | NA | NA | 0.00 | 0.00 | 0.40 | 0.29 |
Return Data
| Ticker | Nav | Inception Date | % yield | 1 year return | 2 year return | 3 year return | |
|---|---|---|---|---|---|---|---|
| Federated Income Trust Inst | FICMX | 8.77 | 3/30/1982 | 1.01 | -3.68 | -4.73 | -1.41 |
| Federated Income Trust Svc | FITSX | 8.69 | 6/2/1992 | 0.97 | -3.87 | -4.91 | -1.60 |
Investment Information
| Ticker | Minimum Initial Investment ($) | Minimum Subsequent Investment ($) | Minimum Initial IRA ($) | Dividend Frequency | |
|---|---|---|---|---|---|
| Federated Hermes Government Inc IS | FICMX | 1000000 | 0 | 0 | M |
Contact Information
| Family | Federated |
| Address | 1001 Liberty Ave. Pittsburgh, PA 15222 |
| Phone | 800 341-7400 |