FTRGX Performance — Federated Hermes Total Return Government Bond Fund, Institutional Shares
Data updated: 2026-07-27
FTRGX returned +0.09% year to date and +4.48% over one year to May 2026. Annualised returns are +3.04% over 3 years and −0.39% over 5 years. The fund trailed its Intermediate Government Bond category average: $100 invested three years ago grew to $109, against $112 for the category, and to $104 over one year, against $105. Volatility over the past three years was 5.53% a year. In the 12 months to May 2026 the fund lost a net $9.2M, and assets reached $185.51M.
FTRGX Growth of $100
What $100 invested in Federated Hermes Total Return Government Bond Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Government Bond category average over the same months.
| Period | FTRGX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $104 | $105 |
| 3 years (Jun 2023 – May 2026) | $109 | $112 |
| 5 years (Jun 2021 – May 2026) | $98 | $104 |
| Since data start (Sep 2019 – May 2026) | $102 | $111 |
FTRGX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +0.09% |
| 1 year | +4.48% |
| 3 years (annualised) | +3.04% |
| 5 years (annualised) | −0.39% |
FTRGX Annual Returns
Calendar-year total returns of Federated Hermes Total Return Government Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +0.09% |
| 2025 | +6.71% |
| 2024 | +0.64% |
| 2023 | +4.02% |
| 2022 | −12.28% |
| 2021 | −2.72% |
| 2020 | +8.21% |
| 2019 (Sep–Dec) | −1.61% |
FTRGX 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 | +0.1% | +1.7% | −1.7% | 0.0% | 0.0% | — | — | — | — | — | — | — |
| 2025 | +0.6% | +2.2% | 0.0% | +0.5% | −1.0% | +1.3% | −0.4% | +1.3% | +0.9% | +0.7% | +0.7% | −0.2% |
| 2024 | −0.3% | −1.4% | +0.7% | −2.6% | +1.6% | +1.0% | +2.4% | +1.3% | +1.3% | −2.7% | +1.0% | −1.5% |
| 2023 | +2.8% | −2.3% | +2.6% | +0.3% | −1.0% | −0.6% | −0.3% | −0.6% | −2.6% | −1.7% | +4.3% | +3.6% |
| 2022 | −1.8% | −0.6% | −3.0% | −2.9% | +0.5% | −1.2% | +2.1% | −2.8% | −4.0% | −1.3% | +2.9% | −0.7% |
| 2021 | −0.8% | −1.6% | −1.2% | +0.7% | +0.2% | +0.3% | +1.1% | −0.2% | −0.9% | −0.2% | +0.5% | −0.6% |
| 2020 | +2.4% | +2.3% | +2.9% | +0.5% | −0.2% | +0.3% | +1.1% | −1.0% | +0.2% | −1.0% | +0.5% | 0.0% |
| 2019 | — | — | — | — | — | — | — | — | −0.8% | 0.0% | −0.3% | −0.5% |
FTRGX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 5.53%
- 3-year Sharpe ratio: -0.26 (vs 4.5% risk-free rate)
- Best month: +4.28% (Nov 2023)
- Worst month: −2.67% (Oct 2024)
FTRGX Fund Flows
Monthly money in and out of Federated Hermes Total Return Government Bond Fund, from SEC Form N-PORT.
- 12-month net flow: −$9.2M
- 12-month gross sales (incl. reinvestments): $49.8M
- Sales ÷ redemptions: 0.84×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $3.8M | $3.5M | $335K |
| Apr 2026 | $3.9M | $3.5M | $443K |
| Mar 2026 | $3.8M | $3.5M | $300K |
| Feb 2026 | $3.3M | $2.6M | $700K |
| Jan 2026 | $6.2M | $9.0M | −$2.9M |
| Dec 2025 | $6.6M | $2.7M | $3.9M |
| Nov 2025 | $2.2M | $4.3M | −$2.1M |
| Oct 2025 | $5.3M | $7.1M | −$1.8M |
| Sep 2025 | $2.1M | $2.6M | −$496K |
| Aug 2025 | $3.8M | $10.5M | −$6.8M |
| Jul 2025 | $4.6M | $4.6M | $25K |
| Jun 2025 | $4.2M | $5.0M | −$775K |
FTRGX Assets Under Management
Net assets of Federated Hermes Total Return Government Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $185.51M |
| 2026-02-28 | $189.60M |
| 2025-11-30 | $186.59M |
| 2025-08-31 | $188.76M |
| 2025-05-31 | $193.97M |
| 2025-02-28 | $199.67M |
| 2024-11-30 | $201.60M |
| 2024-08-31 | $194.60M |
| 2024-05-31 | $188.35M |
| 2024-02-29 | $199.66M |
| 2023-11-30 | $198.27M |
| 2023-08-31 | $213.01M |
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.