FGULX — Federated Hermes Government Ultrashort Fund
Data updated: 2026-08-11
FGULX — Federated Hermes Government Ultrashort Fund. Long Securitized (MBS/ABS/CMBS) Bond · $2.33B AUM. Holdings, fees, performance and SEC filings.
FGULX Fund Overview
FGULX — Federated Hermes Government Ultrashort Fund is a US mutual fund managed by Federated Hermes Institutional Trust, categorised as Long Securitized (MBS/ABS/CMBS) Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Federated Hermes Institutional Trust
- Category: Long Securitized (MBS/ABS/CMBS) Bond
- Assets under management: $2.33B
- 1-year return: 4.8%
- Ticker: FGULX
- SEC CIK: 0000925723
- SEC series ID: S000009740
- Share class ID: C000168177
FGULX Holdings
Top 10 holdings of Federated Hermes Government Ultrashort Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| BofA Securities, Inc. | 8.59% |
| BMO Capital Markets Corp. | 8.59% |
| JPMorgan Chase Bank NA | 8.59% |
| BofA Securities, Inc. | 5.32% |
| Government National Mortgage Association | 2.95% |
| FHLMC Multifamily Structured Pass Through Certs. | 1.86% |
| Freddie Mac | 1.81% |
| Freddie Mac | 1.78% |
| FHLMC Multifamily Structured Pass Through Certs. | 1.65% |
| FHLMC Multifamily Structured Pass Through Certs. | 1.64% |
FGULX Portfolio Allocation
Asset-class allocation of Federated Hermes Government Ultrashort Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Securitized | 59.6% |
| Cash & Equivalents | 31.9% |
| Fixed Income | 9.1% |
FGULX Performance
Total returns for FGULX (as of 2026-09-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 1.6% |
| 1 year | 4.8% |
| 3 years (annualised) | 5.1% |
| 5 years (annualised) | 3.6% |
FGULX Risk Information
Risk metrics for FGULX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 0.4%
FGULX Costs and Fees
FGULX costs about $24 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.24%
- Gross expense ratio: 0.38%
- Portfolio turnover: 24%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
FGULX Cashflows
Over the 12 months to 2026-05, Federated Hermes Government Ultrashort Fund had net inflows of $528.19M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-05 | −$8.98M |
| 2026-04 | $33.83M |
| 2026-03 | $4.85M |
| 2026-02 | $35.82M |
| 2026-01 | $94.24M |
| 2025-12 | $8.11M |
FGULX Debt Constituents
Largest debt holdings of Federated Hermes Government Ultrashort Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| United States Of America - Bureau Of The Public Debt | 0.86% |
| United States Treasury | 0.69% |
| United States Treasury | 0.68% |
| United States Treasury | 0.68% |
| United States Treasury | 0.46% |
| United States Treasury | 0.43% |
| United States Treasury | 0.43% |
| United States Treasury | 0.42% |
| United States Treasury | 0.34% |
| United States Treasury | 0.34% |
FGULX Prospectus and SEC Filings
Official Federated Hermes Government Ultrashort Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-07-27
- Prospectus (485BPOS) — filed 2025-07-25
- Prospectus (485BPOS) — filed 2024-07-24
- Portfolio holdings (N-PORT) — filed 2026-07-27
- Portfolio holdings (N-PORT) — filed 2026-04-23
- Portfolio holdings (N-PORT) — filed 2026-01-23
- Annual census (N-CEN) — filed 2026-08-11
- Annual census (N-CEN) — filed 2025-08-06
Related Funds
Other Long Securitized (MBS/ABS/CMBS) Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.