FUSBX — Federated Hermes Fund for U.S. Government Securities
Data updated: 2026-08-25
FUSBX — Federated Hermes Fund for U.S. Government Securities. Long Securitized (MBS/ABS/CMBS) Bond · $85.13M AUM. Holdings, fees, performance and SEC filings.
FUSBX Fund Overview
FUSBX — Federated Hermes Fund for U.S. Government Securities is a US mutual fund managed by Federated Hermes Income Securities 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 Income Securities Trust
- Category: Long Securitized (MBS/ABS/CMBS) Bond
- Assets under management: $85.13M
- 1-year return: 0.0%
- Ticker: FUSBX
- SEC CIK: 0000789281
- SEC series ID: S000009074
- Share class ID: C000024653
FUSBX Investment Objective and Strategy
Federated Hermes Fund for U.S. Government Securities describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Federated Hermes Income Securities Trust.
Investment objective
The Funds investment objective is to provide current income.
Principal investment strategy
The Fund seeks to provide current income. Under normal market conditions, the Fund invests primarily in a diversified portfolio of U.S. government securities, including mortgage-backed securities (MBS) of investment-grade quality, and seeks to provide returns consistent with investments in the market for U.S. home mortgages. The Fund will invest in MBS that are issued or guaranteed by U.S. government agencies or U.S. government-sponsored enterprises (GSEs). The Fund may invest in non-agency MBS, which are those not issued or guaranteed by GSEs. The Fund also may invest in asset-backed securities, other U.S. government securities and certain derivative instruments. The Fund typically seeks to maintain an overall average dollar-weighted portfolio duration that is within one year above or below the Bloomberg US Mortgage Backed Securities Index (the Index).
At times, the Funds investment advisers (the Adviser) calculation of portfolio duration may result in variances outside this range. Duration is a measure of the price volatility of a fixed-income security as a result of changes in market rates of interest, based on the weighted average timing of the instruments expected fixed interest and principal payments. The Adviser seeks to create a portfolio, consisting of MBS, derivative instruments and other securities, that outperforms the Index. Based on fundamental analysis, the Adviser will consider a variety of factors when making decisions to purchase or sell particular securities or derivative contracts. The Fund may, but is not required to, use derivative instruments, which are instruments that have a value based on another instrument, exchange rate or index, and may be used as substitutes for securities in which the Fund can invest, or to hedge against a potential loss in the underlying asset.
There can be no assurance that the Funds use of derivative instruments will work as intended. Derivative investments made by the Fund are included within the Funds 80% policy (as described below) and are calculated at market value. 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 securities. The Fund will notify shareholders at least 60 days in advance of any change in this investment policy.
FUSBX Holdings
Top 10 holdings of Federated Hermes Fund for U.S. Government Securities by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Umbs, Tba | 7.20% |
| Fannie Mae | 6.20% |
| Fannie Mae | 6.16% |
| Government National Mortgage Association | 5.61% |
| Federated Hermes Money Market Obligations Trust | 5.06% |
| Umbs, Tba | 4.71% |
| Fannie Mae | 4.67% |
| Fannie Mae | 4.16% |
| Fannie Mae | 3.67% |
| Fannie Mae | 3.60% |
FUSBX Portfolio Allocation
Asset-class allocation of Federated Hermes Fund for U.S. Government Securities by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Securitized | 117.0% |
| Cash & Equivalents | 5.1% |
FUSBX Performance
Total returns for FUSBX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 0.0% |
| 3 years (annualised) | -3.8% |
| 5 years (annualised) | -2.1% |
FUSBX Risk Information
Risk metrics for FUSBX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 0.0%
FUSBX Costs and Fees
FUSBX costs about $172 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.72%
- Gross expense ratio: 1.72%
- Portfolio turnover: 211%
- Brokerage commissions: 0.10 bps of average net assets (SEC N-CEN)
FUSBX Cashflows
Over the 12 months to 2026-06, Federated Hermes Fund for U.S. Government Securities had net outflows of $4.58M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$580.45K |
| 2026-05 | −$795.30K |
| 2026-04 | −$568.75K |
| 2026-03 | $123.18K |
| 2026-02 | −$428.82K |
| 2026-01 | −$3.87M |
FUSBX Debt Constituents
No individual debt constituents are reported in Federated Hermes Fund for U.S. Government Securities's latest SEC N-PORT filing.
FUSBX Prospectus and SEC Filings
Official Federated Hermes Fund for U.S. Government Securities filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-05-27
- Prospectus (485BPOS) — filed 2025-05-29
- Prospectus (485BPOS) — filed 2024-05-29
- Portfolio holdings (N-PORT) — filed 2026-08-25
- Portfolio holdings (N-PORT) — filed 2026-05-22
- Portfolio holdings (N-PORT) — filed 2026-02-24
- Annual census (N-CEN) — filed 2026-06-09
- Annual census (N-CEN) — filed 2025-06-02
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.