RRFAX Performance — Federated Hermes Inflation Protected Securities Fund, Class A
Data updated: 2026-08-25
RRFAX returned +0.97% year to date and +2.77% over one year to Jun 2026. Annualised returns are +3.35% over 3 years and +0.38% over 5 years. The fund trailed its Intermediate Government Bond category average: $100 invested three years ago grew to $110, against $112 for the category, and to $103 over one year, against $103. Volatility over the past three years was 4.29% a year. In the 12 months to Jun 2026 the fund lost a net $75.5M, and assets reached $40.59M.
RRFAX Growth of $100
What $100 invested in Federated Hermes Inflation Protected Securities 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 | RRFAX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $103 | $103 |
| 3 years (Jul 2023 – Jun 2026) | $110 | $112 |
| 5 years (Jul 2021 – Jun 2026) | $102 | $103 |
| Since data start (Jul 2019 – Jun 2026) | $116 | $114 |
RRFAX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +0.97% |
| 1 year | +2.77% |
| 3 years (annualised) | +3.35% |
| 5 years (annualised) | +0.38% |
RRFAX Annual Returns
Calendar-year total returns of Federated Hermes Inflation Protected Securities Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +0.97% |
| 2025 | +6.22% |
| 2024 | +1.46% |
| 2023 | +2.59% |
| 2022 | −12.00% |
| 2021 | +5.42% |
| 2020 | +10.43% |
| 2019 (Jul–Dec) | +1.84% |
RRFAX 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 | +0.3% | +1.3% | −1.6% | +1.2% | +0.2% | −0.5% | — | — | — | — | — | — |
| 2025 | +1.4% | +2.0% | +0.6% | +0.4% | −1.0% | +1.0% | −0.2% | +1.7% | +0.3% | +0.2% | +0.3% | −0.5% |
| 2024 | +0.5% | −1.4% | +0.5% | −1.7% | +1.6% | +0.6% | +2.1% | +0.8% | +1.7% | −2.0% | +0.4% | −1.6% |
| 2023 | +2.0% | −1.7% | +3.3% | +0.2% | −1.4% | −1.2% | +0.1% | −0.8% | −1.9% | −0.6% | +2.5% | +2.2% |
| 2022 | −1.9% | +1.2% | −1.9% | −2.3% | −0.7% | −3.2% | +4.5% | −2.9% | −6.8% | +1.4% | +1.8% | −1.5% |
| 2021 | +0.5% | −1.4% | −0.1% | +1.2% | +1.0% | +0.3% | +2.3% | −0.2% | −0.8% | +1.4% | +0.7% | +0.3% |
| 2020 | +2.0% | +0.5% | −1.6% | +2.7% | +0.4% | +1.2% | +2.3% | +1.3% | −0.4% | −0.8% | +1.2% | +1.1% |
| 2019 | — | — | — | — | — | — | +0.3% | +2.1% | −1.2% | 0.0% | +0.3% | +0.4% |
RRFAX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 4.29%
- 3-year Sharpe ratio: -0.27 (vs 4.5% risk-free rate)
- Best month: +2.54% (Nov 2023)
- Worst month: −2.00% (Oct 2024)
RRFAX Fund Flows
Monthly money in and out of Federated Hermes Inflation Protected Securities Fund, from SEC Form N-PORT.
- 12-month net flow: −$75.5M
- 12-month gross sales (incl. reinvestments): $26.3M
- Sales ÷ redemptions: 0.26×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $1.8M | $1.1M | $731K |
| May 2026 | $563K | $1.0M | −$483K |
| Apr 2026 | $777K | $73.7M | −$72.9M |
| Mar 2026 | $1.9M | $3.4M | −$1.5M |
| Feb 2026 | $1.7M | $1.6M | $133K |
| Jan 2026 | $1.4M | $1.8M | −$383K |
| Dec 2025 | $3.6M | $6.3M | −$2.7M |
| Nov 2025 | $1.4M | $2.3M | −$889K |
| Oct 2025 | $2.0M | $3.1M | −$1.1M |
| Sep 2025 | $4.6M | $1.9M | $2.8M |
| Aug 2025 | $3.3M | $4.0M | −$657K |
| Jul 2025 | $3.3M | $1.8M | $1.5M |
RRFAX Assets Under Management
Net assets of Federated Hermes Inflation Protected Securities Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $40.59M |
| 2026-03-31 | $113.16M |
| 2025-12-31 | $115.10M |
| 2025-09-30 | $121.85M |
| 2025-06-30 | $117.09M |
| 2025-03-31 | $97.10M |
| 2024-12-31 | $102.47M |
| 2024-09-30 | $107.24M |
| 2024-06-30 | $105.53M |
| 2024-03-31 | $107.82M |
| 2023-12-31 | $117.21M |
| 2023-09-30 | $141.79M |
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.