Federated Hermes Short-Intermediate Government Fund - SS Class
FIGIX
NASDAQ- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Address
- 4000 Ericsson Drive Warrendale PA United States of America 15086-7561
- IPO Date
- Jun 18, 1992
- CIK
- 0000357159
- Website
- federatedhermes.com
- Similar Companies
- Business
- Federated Hermes Short-Intermediate Government Fund - SS Class (FIGIX) is a mutual fund that seeks current income by investing in a diversified portfolio of short- to intermediate-term obligations issued by the U.S. government, its agencies, and instrumentalities, including U.S. Treasury securities, agency bonds, and mortgage-backed securities guaranteed by government-sponsored enterprises; it maintains a weighted average portfolio duration within 20% of the Merrill Lynch 3-5 Year Treasury Index while employing active management based on the adviser's market outlook and security analysis. The fund offers Service Shares (FIGIX) with an expense ratio of approximately 0.83%, monthly dividend distributions, and annual capital gains payouts, targeting conservative investors seeking income with limited interest rate risk exposure. Managed by Federated Investment Management Company, a subsidiary of Federated Hermes, Inc., the fund was incepted in February 1983 and forms part of the firm's broader fixed-income offerings within the asset management industry, serving individual investors, institutions, and intermediaries through broker-dealers. Federated Hermes, Inc., the fund's parent adviser founded in 1955 and headquartered in Pittsburgh, Pennsylvania, operates globally with additional offices in New York City, London, and other locations, managing over $829 billion in assets across equity, fixed-income, multi-asset, alternative, and liquidity strategies for corporate, institutional, and government clients. The Short-Intermediate Government Fund supports the firm's government bond segment, emphasizing high-credit-quality securities amid fluctuating interest rates and yield curve dynamics. In recent developments, Federated Hermes completed the acquisition of a majority interest in Rivington Energy Management Ltd., a UK-based renewable energy firm, in Q2 2025 to bolster its private markets infrastructure capabilities with energy transition expertise; the company also reported record assets under management of $846 billion in Q2 2025 and participated in a blockchain-based initiative with Bank of New York Mellon and Goldman Sachs for tokenizing money market fund ownership to enhance liquidity and transferability. Further, Federated Hermes launched the Federated Hermes MDT Market Neutral ETF in September 2025, expanding its quantitative equity offerings, and continues fundraising for private funds like the European Direct Lending Fund III (targeting $750 million) while restructuring its UK property trust for improved investor liquidity options. These moves reflect strategic growth in alternatives, digital assets, and infrastructure amid strong institutional inflows.