FITSX Performance — Federated Hermes Government Income Fund, Service Shares
Data updated: 2026-09-23
FITSX returned −0.59% year to date and +3.83% over one year to Jul 2026. Annualised returns are +3.46% over 3 years and −0.52% over 5 years. Against its Intermediate Securitized Bond category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $111, against $115 for the category, and to $104 over one year, against $104. Volatility over the past three years was 6.98% a year. In the 12 months to Jul 2026 the fund lost a net $9.6M, and assets reached $134.71M.
FITSX Growth of $100
What $100 invested in Federated Hermes Government Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Securitized Bond category average over the same months.
| Period | FITSX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $104 | $104 |
| 3 years (Aug 2023 – Jul 2026) | $111 | $115 |
| 5 years (Aug 2021 – Jul 2026) | $97 | $103 |
| Since data start (Aug 2019 – Jul 2026) | $102 | $111 |
FITSX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | −0.59% |
| 1 year | +3.83% |
| 3 years (annualised) | +3.46% |
| 5 years (annualised) | −0.52% |
FITSX Annual Returns
Calendar-year total returns of Federated Hermes Government Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | −0.59% |
| 2025 | +8.31% |
| 2024 | +0.21% |
| 2023 | +3.49% |
| 2022 | −11.75% |
| 2021 | −1.64% |
| 2020 | +4.04% |
| 2019 (Aug–Dec) | +1.43% |
FITSX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.5% | +1.7% | −1.8% | +0.2% | +0.2% | +0.1% | −1.4% | — | — | — | — | — |
| 2025 | +0.6% | +2.5% | 0.0% | +0.5% | −1.3% | +1.9% | −0.5% | +1.8% | +1.2% | +0.8% | +0.6% | 0.0% |
| 2024 | −0.5% | −2.0% | +0.9% | −3.2% | +2.0% | +1.3% | +2.7% | +1.5% | +1.3% | −3.1% | +1.3% | −1.7% |
| 2023 | +3.1% | −2.7% | +1.9% | +0.4% | −0.9% | −0.7% | −0.1% | −1.0% | −3.5% | −2.6% | +5.7% | +4.4% |
| 2022 | −1.4% | −0.8% | −2.7% | −3.3% | +0.9% | −1.5% | +3.4% | −3.5% | −5.0% | −1.9% | +4.2% | −0.5% |
| 2021 | +0.2% | −0.5% | −0.7% | +0.6% | −0.6% | 0.0% | +0.5% | −0.1% | −0.2% | −0.4% | −0.2% | −0.1% |
| 2020 | +0.7% | +0.9% | +0.4% | +0.9% | +0.3% | 0.0% | +0.5% | +0.2% | −0.2% | −0.1% | 0.0% | +0.3% |
| 2019 | — | — | — | — | — | — | — | +0.8% | 0.0% | +0.3% | +0.1% | +0.2% |
FITSX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 6.98%
- 3-year Sharpe ratio: -0.15 (vs 4.5% risk-free rate)
- Best month: +5.72% (Nov 2023)
- Worst month: −3.53% (Sep 2023)
FITSX Fund Flows
Monthly money in and out of Federated Hermes Government Income Fund, from SEC Form N-PORT.
- 12-month net flow: −$9.6M
- 12-month gross sales (incl. reinvestments): $22.4M
- Sales ÷ redemptions: 0.70×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $920K | $2.0M | −$1.1M |
| Jun 2026 | $898K | $3.4M | −$2.5M |
| May 2026 | $773K | $3.7M | −$2.9M |
| Apr 2026 | $1.5M | $4.6M | −$3.1M |
| Mar 2026 | $3.3M | $4.2M | −$888K |
| Feb 2026 | $1.1M | $1.9M | −$779K |
| Jan 2026 | $1.5M | $1.9M | −$473K |
| Dec 2025 | $2.8M | $3.6M | −$800K |
| Nov 2025 | $5.6M | $1.4M | $4.1M |
| Oct 2025 | $957K | $2.0M | −$1.0M |
| Sep 2025 | $1.8M | $1.4M | $330K |
| Aug 2025 | $1.4M | $2.0M | −$541K |
FITSX Assets Under Management
Net assets of Federated Hermes Government Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $134.71M |
| 2026-04-30 | $144.00M |
| 2026-01-31 | $150.12M |
| 2025-10-31 | $146.84M |
| 2025-07-31 | $143.89M |
| 2025-04-30 | $149.95M |
| 2025-01-31 | $150.55M |
| 2024-10-31 | $160.03M |
| 2024-07-31 | $166.86M |
| 2024-04-30 | $165.44M |
| 2024-01-31 | $103.02M |
| 2023-10-31 | $102.27M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.