FSGTX — Federated Hermes Short-Term Government Fund

FSGTX Fund Overview

FSGTX — Federated Hermes Short-Term Government Fund is a US mutual fund managed by Federated Hermes Short-Term Government Trust, categorised as Intermediate Treasury / Sovereign 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 Short-Term Government Trust
• Category: Intermediate Treasury / Sovereign Bond
• Assets under management: $44.49M
• 1-year return: 0.0%
• Ticker: FSGTX
• SEC CIK: 0000739594
• SEC series ID: S000009065
• Share class ID: C000024629

FSGTX Investment Objective and Strategy

Federated Hermes Short-Term Government Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Federated Hermes Short-Term Government Trust.

Investment objective

The Fund's investment objective is to provide current income.

Principal investment strategy

"The Fund's overall strategy is to invest in a portfolio generally consisting of U.S. Treasury securities and U.S. government agency securities with maturities of not less than one year and not more than three years, and related derivative contracts. The Fund buys and sells portfolio securities based primarily on its market outlook and analysis of how securities may perform under different market conditions. The Fund evaluates its investment strategy by comparing the performance and composition of the Fund's portfolio to the performance and composition of the ICE BofAML 1-3 Year US Treasury Index (formerly, Bank of America Merrill Lynch 1-3 Year US Treasury Index), an index composed of U.S. Treasury notes and bonds with maturities greater than or equal to one year and less than three years.

U.S. government securities also may be offered on a delayed delivery basis. The Fund will enter into delayed delivery transactions, including when-issued transactions, in order to participate in these offerings or trade these securities. The Fund may also seek to increase its income by lending its portfolio securities. Certain of the government securities in which the Fund invests are not backed by the full faith and credit of the U.S. government, such as those issued by the Federal Home Loan Mortgage Corporation (""Freddie Mac''), the Federal National Mortgage Association (""Fannie Mae''), and the Federal Home Loan Bank System. These entities are, however, supported through federal subsidies, loans or other benefits. The Fund may also invest in government securities that are supported by the full faith and credit of the U.S.

government, such as those issued by the Government National Mortgage Association (""Ginnie Mae""). Finally, the Fund may invest in a few government securities that have no explicit financial support, but which are regarded as having implied support because the federal government sponsors their activities. The government mortgage-backed securities in which the Fund may invest are government mortgage-backed securities such as those issued by Ginnie Mae, Fannie Mae and Freddie Mac. The Fund will invest its assets so that at least 80% of its net assets (plus any borrowings for investment purposes) are invested in U.S. government investments. The Fund will notify shareholders at least 60 days in advance of any change in its investment policy that would enable the Fund to invest, under normal circumstances, less than 80% of its net assets (plus the amount of any borrowings for investment purposes) in U.S.

government investments."

FSGTX Holdings

Top 10 holdings of Federated Hermes Short-Term Government Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.

View all FSGTX holdings

FSGTX Portfolio Allocation

Asset-class allocation of Federated Hermes Short-Term Government Fund by percentage of net assets, from the latest SEC N-PORT filing.

FSGTX Performance

Total returns for FSGTX (as of 2026-10-01), from SEC filings.

FSGTX Risk Information

Risk metrics for FSGTX, derived from monthly returns in SEC filings.

• 1-year volatility (annualised): 0.0%

FSGTX Costs and Fees

FSGTX costs about $37 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.37%
• Gross expense ratio: 0.66%
• Portfolio turnover: 79%

FSGTX Cashflows

Over the 12 months to 2025-08, Federated Hermes Short-Term Government Fund had net outflows of $21.65M, from monthly SEC N-PORT filings.

FSGTX Debt Constituents

Largest debt holdings of Federated Hermes Short-Term Government Fund by percentage of net assets, from the latest SEC N-PORT filing.

FSGTX Prospectus and SEC Filings

Official Federated Hermes Short-Term Government Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2025-04-25
• Prospectus (485BPOS) — filed 2024-04-24
• Prospectus (485BPOS) — filed 2023-04-25
• Portfolio holdings (N-PORT) — filed 2025-10-23
• Portfolio holdings (N-PORT) — filed 2025-07-22
• Portfolio holdings (N-PORT) — filed 2025-04-22
• Annual census (N-CEN) — filed 2026-05-06
• Annual census (N-CEN) — filed 2025-05-05

Related Funds

Other Intermediate Treasury / Sovereign Bond funds tracked on ABC INVEST:

• Vanguard Intermediate-Term Bond Index Fund (VBIIX)
• Vanguard Intermediate-Term Treasury Index Fund (VSIGX)
• iShares U.S. Treasury Bond ETF (GOVT)
• iShares 3-7 Year Treasury Bond ETF (IEI)
• Fidelity SAI Inflation-Protected Bond Index Fund (FSPWX)

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.