FGUSX — Federated Hermes Government Ultrashort Fund
Data updated: 2026-07-27
FGUSX — Federated Hermes Government Ultrashort Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Long Securitized (MBS/ABS/CMBS) Bond · $2.33B AUM · 0.26% expense ratio · 5.0% 1-yr return. From SEC regulatory filings.
FGUSX Fund Overview
FGUSX — 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: 5.0%
- Ticker: FGUSX
- SEC CIK: 0000925723
- SEC series ID: S000009740
- Share class ID: C000026763
FGUSX 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. | 13.91% |
| BMO Capital Markets Corp. | 8.59% |
| JPMorgan Chase Bank NA | 8.59% |
| 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% |
| Government National Mortgage Association | 1.56% |
FGUSX 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% |
FGUSX Performance
Total returns for FGUSX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 0.9% |
| 1 year | 5.0% |
| 3 years (annualised) | 5.3% |
| 5 years (annualised) | 3.4% |
FGUSX Risk Information
Risk metrics for FGUSX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 0.3%
FGUSX Costs and Fees
FGUSX costs about $26 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.26%
- Gross expense ratio: 0.42%
- Portfolio turnover: 22%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
FGUSX Cashflows
Over the 12 months to 2026-02, Federated Hermes Government Ultrashort Fund had net inflows of $649.06M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-02 | $35.82M |
| 2026-01 | $94.24M |
| 2025-12 | $8.11M |
| 2025-11 | $4.57M |
| 2025-10 | $260.95M |
| 2025-09 | $47.93M |
FGUSX 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% |
FGUSX Prospectus and SEC Filings
Official Federated Hermes Government Ultrashort Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
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.