Share
Class | Ticker |
A | RRFAX |
C | RRFCX |
Institutional | RRFIX |
R6 | FIPRX |
|
A |
C |
IS |
R6 |
Maximum
Sales Charge (Load) Imposed on Purchases (as a percentage of offering
price) |
|
|
||
Maximum
Deferred Sales Charge (Load) (as a percentage of original
purchase
price
or redemption proceeds, as applicable) |
|
|
|
|
Maximum
Sales Charge (Load) Imposed on Reinvested Dividends (and other
Distributions) (as a percentage of
offering
price) |
|
|||
Redemption
Fee (as a percentage of amount redeemed, if
applicable) |
|
|
|
|
Exchange
Fee |
|
|
A |
C |
IS |
R6 |
Management
Fee |
|
|
|
|
Distribution
(12b-1) Fee |
|
|
|
|
Other
Expenses |
|
|
|
|
Total
Annual Fund Operating Expenses |
|
|
|
|
Fee
Waivers and/or Expense Reimbursements3 |
( |
( |
( |
( |
Total
Annual Fund Operating Expenses After Fee Waivers and/or Expense
Reimbursements |
|
|
|
|
Share
Class |
1
Year |
3
Years |
5
Years |
10
Years |
A: |
|
|
|
|
Expenses
assuming redemption |
$543 |
$739 |
$952 |
$1,564 |
Expenses
assuming no redemption |
$543 |
$739 |
$952 |
$1,564 |
C: |
|
|
|
|
Expenses
assuming redemption |
$272 |
$533 |
$918 |
$1,801 |
Expenses
assuming no redemption |
$172 |
$533 |
$918 |
$1,801 |
IS: |
|
|
|
|
Expenses
assuming redemption |
$70 |
$221 |
$384 |
$859 |
Expenses
assuming no redemption |
$70 |
$221 |
$384 |
$859 |
R6: |
|
|
|
|
Expenses
assuming redemption |
$65 |
$205 |
$357 |
$798 |
Expenses
assuming no redemption |
$65 |
$205 |
$357 |
$798 |
Share
Class |
1
Year |
5
Years |
10
Years |
A: |
|
|
|
Return
Before Taxes |
( |
|
|
C: |
|
|
|
Return
Before Taxes |
( |
|
|
IS: |
|
|
|
Return
Before Taxes |
( |
|
|
Return
After Taxes on Distributions |
( |
|
|
Return
After Taxes on Distributions and Sale of Fund Shares |
( |
|
|
R6: |
|
|
|
Return
Before Taxes |
( |
|
|
Bloomberg
US Treasury Inflation Protected Securities (TIPS) Index1
(reflects
no deduction for fees, expenses or taxes) |
( |
|
|
Morningstar
Inflation-Protected Bond Funds Average2 |
( |
|
|
|
Minimum
Initial/Subsequent
Investment
Amounts1
|
Maximum
Sales Charges | |
Shares
Offered |
Front-End
Sales
Charge2
|
Contingent
Deferred
Sales
Charge3
| |
A |
$1,500/$100 |
4.50% |
0.00% |
C |
$1,500/$100 |
None |
1.00% |
A
Class: | ||
Purchase
Amount |
Sales
Charge
as a
Percentage
of
Public
Offering
Price |
Sales
Charge
as a
Percentage
of
NAV |
Less
than $100,000 |
4.50% |
4.71% |
$100,000
but less than $250,000 |
3.75% |
3.90% |
$250,000
but less than $500,000 |
2.50% |
2.56% |
$500,000
but less than $1 million |
2.00% |
2.04% |
$1
million or greater1
|
0.00% |
0.00% |
A
Class: |
|
|
If
you make a purchase of A class in the amount of $1 million or more and
your financial intermediary received an advance commission on the sale,
you will pay a
0.75%
CDSC on any such Shares redeemed within 24 months of the
purchase. | ||
C
Class: | ||
You
will pay a 1.00% CDSC if you redeem Shares within 12 months of the
purchase date. |
A
Class: |
|
Purchase
Amount |
Dealer
Reallowance
as a
Percentage of
Public
Offering Price |
Less
than $100,000 |
4.00% |
$100,000
but less than $250,000 |
3.25% |
$250,000
but less than $500,000 |
2.25% |
$500,000
but less than $1 million |
1.80% |
$1
million or greater |
0.00% |
A
Class (for purchases over $1 million): |
|
Purchase
Amount |
Advance
Commission
as a
Percentage of
Public
Offering Price |
First
$1 million - $5 million |
0.75% |
Next
$5 million - $20 million |
0.50% |
Over
$20 million |
0.25% |
C
Class: |
|
|
Advance
Commission
as a
Percentage of
Public
Offering Price |
All
Purchase Amounts |
1.00% |
|
Year
Ended September 30, | ||||
|
2023 |
2022 |
2021 |
2020 |
2019 |
Net
Asset Value, Beginning of Period |
$9.85 |
$11.72 |
$11.52 |
$10.61 |
$10.22 |
Income
From Investment Operations: |
|
|
|
|
|
Net
investment income (loss)1 |
0.26 |
0.69 |
0.46 |
0.09 |
0.18 |
Net
realized and unrealized gain (loss) |
(0.23) |
(2.00) |
0.07 |
0.90 |
0.43 |
Total
From Investment Operations |
0.03 |
(1.31) |
0.53 |
0.99 |
0.61 |
Less
Distributions: |
|
|
|
|
|
Distributions
from net investment income |
(0.36) |
(0.56) |
(0.33) |
(0.08) |
(0.22) |
Net
Asset Value, End of Period |
$9.52 |
$9.85 |
$11.72 |
$11.52 |
$10.61 |
Total
Return2 |
0.21% |
(11.49)% |
4.64% |
9.41% |
6.03% |
Ratios
to Average Net Assets: |
|
|
|
|
|
Net
expenses3 |
0.59% |
0.63% |
0.74% |
0.74% |
0.74% |
Net
investment income |
2.65% |
6.08% |
3.95% |
0.80% |
1.74% |
Expense
waiver/reimbursement4 |
0.34% |
0.38% |
0.47% |
0.82% |
0.88% |
Supplemental
Data: |
|
|
|
|
|
Net
assets, end of period (000 omitted) |
$16,295 |
$28,499 |
$25,785 |
$17,772 |
$14,884 |
Portfolio
turnover5 |
73% |
75% |
26% |
78% |
35% |
1 |
Per
share numbers have been calculated using the average shares
method. |
2 |
Based
on net asset value, which does not reflect the sales charge, redemption
fee or contingent deferred sales charge, if
applicable. |
3 |
Amount
does not reflect net expenses incurred by investment companies in which
the Fund may invest. |
4 |
This
expense decrease is reflected in both the net expense and the net
investment income (loss) ratios shown above. Amount does not reflect
expense waiver/
reimbursement
recorded by investment companies in which the Fund may
invest. |
5 |
Securities
that mature are considered sales for purposes of this
calculation. |
|
Year
Ended September 30, | ||||
|
2023 |
2022 |
2021 |
2020 |
2019 |
Net
Asset Value, Beginning of Period |
$9.64 |
$11.49 |
$11.31 |
$10.44 |
$10.08 |
Income
From Investment Operations: |
|
|
|
|
|
Net
investment income (loss)1 |
0.18 |
0.63 |
0.33 |
(0.00)2 |
0.10 |
Net
realized and unrealized gain (loss) |
(0.22) |
(2.00) |
0.10 |
0.90 |
0.42 |
Total
From Investment Operations |
(0.04) |
(1.37) |
0.43 |
0.90 |
0.52 |
Less
Distributions: |
|
|
|
|
|
Distributions
from net investment income |
(0.29) |
(0.48) |
(0.25) |
(0.03) |
(0.16) |
Net
Asset Value, End of Period |
$9.31 |
$9.64 |
$11.49 |
$11.31 |
$10.44 |
Total
Return3 |
(0.47)% |
(12.17)% |
3.83% |
8.60% |
5.21% |
Ratios
to Average Net Assets: |
|
|
|
|
|
Net
expenses4 |
1.34% |
1.38% |
1.49% |
1.49% |
1.49% |
Net
investment income (loss) |
1.89% |
5.68% |
2.84% |
(0.02)% |
0.94% |
Expense
waiver/reimbursement5 |
0.34% |
0.38% |
0.48% |
0.82% |
0.88% |
Supplemental
Data: |
|
|
|
|
|
Net
assets, end of period (000 omitted) |
$3,587 |
$4,529 |
$3,033 |
$2,089 |
$2,284 |
Portfolio
turnover6 |
73% |
75% |
26% |
78% |
35% |
1 |
Per
share numbers have been calculated using the average shares
method. |
2 |
Represents
less than $0.01. |
3 |
Based
on net asset value, which does not reflect the sales charge, redemption
fee or contingent deferred sales charge, if
applicable. |
4 |
Amount
does not reflect net expenses incurred by investment companies in which
the Fund may invest. |
5 |
This
expense decrease is reflected in both the net expense and the net
investment income (loss) ratios shown above. Amount does not reflect
expense waiver/
reimbursement
recorded by investment companies in which the Fund may
invest. |
6 |
Securities
that mature are considered sales for purposes of this
calculation. |
|
Year
Ended September 30, | ||||
|
2023 |
2022 |
2021 |
2020 |
2019 |
Net
Asset Value, Beginning of Period |
$9.92 |
$11.80 |
$11.60 |
$10.67 |
$10.27 |
Income
From Investment Operations: |
|
|
|
|
|
Net
investment income (loss)1 |
0.28 |
0.76 |
0.50 |
0.12 |
0.25 |
Net
realized and unrealized gain (loss) |
(0.23) |
(2.05) |
0.06 |
0.91 |
0.39 |
Total
From Investment Operations |
0.05 |
(1.29) |
0.56 |
1.03 |
0.64 |
Less
Distributions: |
|
|
|
|
|
Distributions
from net investment income |
(0.38) |
(0.59) |
(0.36) |
(0.10) |
(0.24) |
Net
Asset Value, End of Period |
$9.59 |
$9.92 |
$11.80 |
$11.60 |
$10.67 |
Total
Return2 |
0.48% |
(11.28)% |
4.87% |
9.74% |
6.29% |
Ratios
to Average Net Assets: |
|
|
|
|
|
Net
expenses3 |
0.34% |
0.37% |
0.49% |
0.49% |
0.49% |
Net
investment income |
2.75% |
6.71% |
4.24% |
1.06% |
2.39% |
Expense
waiver/reimbursement4 |
0.34% |
0.38% |
0.46% |
0.82% |
0.88% |
Supplemental
Data: |
|
|
|
|
|
Net
assets, end of period (000 omitted) |
$111,879 |
$167,319 |
$90,937 |
$34,967 |
$24,444 |
Portfolio
turnover5 |
73% |
75% |
26% |
78% |
35% |
1 |
Per
share numbers have been calculated using the average shares
method. |
2 |
Based
on net asset value. |
3 |
Amount
does not reflect net expenses incurred by investment companies in which
the Fund may invest. |
4 |
This
expense decrease is reflected in both the net expense and the net
investment income (loss) ratios shown above. Amount does not reflect
expense waiver/
reimbursement
recorded by investment companies in which the Fund may
invest. |
5 |
Securities
that mature are considered sales for purposes of this
calculation. |
|
Year
Ended
9/30/2023 |
Period
Ended
9/30/20221 |
Net
Asset Value, Beginning of Period |
$9.92 |
$12.04 |
Income
From Investment Operations: |
|
|
Net
investment income (loss)2 |
0.29 |
0.73 |
Net
realized and unrealized gain (loss) |
(0.23) |
(2.26) |
Total
From Investment Operations |
0.06 |
(1.53) |
Less
Distributions: |
|
|
Distributions
from net investment income |
(0.38) |
(0.59) |
Net
Asset Value, End of Period |
$9.60 |
$9.92 |
Total
Return3 |
0.59% |
(13.05)% |
Ratios
to Average Net Assets: |
|
|
Net
expenses4 |
0.30% |
0.30%5 |
Net
investment income |
2.94% |
8.70%5 |
Expense
waiver/reimbursement6 |
0.33% |
0.36%5 |
Supplemental
Data: |
|
|
Net
assets, end of period (000 omitted) |
$9,952 |
$9,884 |
Portfolio
turnover7 |
73% |
75%8 |
1 |
Reflects
operations for the period from December 29, 2021 (commencement of
operations) to September 30, 2022. |
2 |
Per
share numbers have been calculated using the average shares
method. |
3 |
Based
on net asset value. Total returns for periods of less than one year are
not annualized. |
4 |
Amount
does not reflect net expenses incurred by investment companies in which
the Fund may invest. |
5 |
Computed
on an annualized basis. |
6 |
This
expense decrease is reflected in both the net expense and the net
investment income (loss) ratios shown above. Amount does not reflect
expense waiver/
reimbursement
recorded by investment companies in which the Fund may
invest. |
7 |
Securities
that mature are considered sales for purposes of this
calculation. |
8 |
Portfolio
turnover is calculated at the Fund level. Percentage indicated was
calculated for the year ended September 30,
2022. |
FEDERATED
HERMES INFLATION PROTECTED SECURITIES FUND - A
CLASS | |||||
ANNUAL
EXPENSE RATIO: 0.95% | |||||
MAXIMUM
FRONT-END SALES CHARGE: 4.50% | |||||
Year |
Hypothetical
Beginning
Investment |
Hypothetical
Performance
Earnings |
Investment
After
Returns |
Hypothetical
Expenses |
Hypothetical
Ending
Investment |
1 |
$10,000.00 |
$477.50 |
$10,027.50 |
$542.56 |
$9,936.78 |
2 |
$9,936.78 |
$496.84 |
$10,433.62 |
$96.31 |
$10,339.22 |
3 |
$10,339.22 |
$516.96 |
$10,856.18 |
$100.21 |
$10,757.96 |
4 |
$10,757.96 |
$537.90 |
$11,295.86 |
$104.27 |
$11,193.66 |
5 |
$11,193.66 |
$559.68 |
$11,753.34 |
$108.49 |
$11,647.00 |
6 |
$11,647.00 |
$582.35 |
$12,229.35 |
$112.89 |
$12,118.70 |
7 |
$12,118.70 |
$605.94 |
$12,724.64 |
$117.46 |
$12,609.51 |
8 |
$12,609.51 |
$630.48 |
$13,239.99 |
$122.22 |
$13,120.20 |
9 |
$13,120.20 |
$656.01 |
$13,776.21 |
$127.17 |
$13,651.57 |
10 |
$13,651.57 |
$682.58 |
$14,334.15 |
$132.32 |
$14,204.46 |
Cumulative |
|
$5,746.24 |
|
$1,563.90 |
|
FEDERATED
HERMES INFLATION PROTECTED SECURITIES FUND - C
CLASS | |||||
ANNUAL
EXPENSE RATIO: 1.69% | |||||
MAXIMUM
FRONT-END SALES CHARGE: NONE | |||||
Year |
Hypothetical
Beginning
Investment |
Hypothetical
Performance
Earnings |
Investment
After
Returns |
Hypothetical
Expenses |
Hypothetical
Ending
Investment |
1 |
$10,000.00 |
$500.00 |
$10,500.00 |
$171.80 |
$10,331.00 |
2 |
$10,331.00 |
$516.55 |
$10,847.55 |
$177.48 |
$10,672.96 |
3 |
$10,672.96 |
$533.65 |
$11,206.61 |
$183.36 |
$11,026.23 |
4 |
$11,026.23 |
$551.31 |
$11,577.54 |
$189.43 |
$11,391.20 |
5 |
$11,391.20 |
$569.56 |
$11,960.76 |
$195.70 |
$11,768.25 |
6 |
$11,768.25 |
$588.41 |
$12,356.66 |
$202.17 |
$12,157.78 |
7 |
$12,157.78 |
$607.89 |
$12,765.67 |
$208.87 |
$12,560.20 |
8 |
$12,560.20 |
$628.01 |
$13,188.21 |
$215.78 |
$12,975.94 |
Converts
from Class C to Class A |
|
|
|
Annual
Expense Ratio 0.95% | |
9 |
$12,975.94 |
$648.80 |
$13,624.74 |
$125.77 |
$13,501.47 |
10 |
$13,501.47 |
$675.07 |
$14,176.54 |
$130.86 |
$14,048.28 |
Cumulative |
|
$5,819.25 |
|
$1,801.22 |
|
FEDERATED
HERMES INFLATION PROTECTED SECURITIES FUND - IS
CLASS | |||||
ANNUAL
EXPENSE RATIO: 0.69% | |||||
MAXIMUM
FRONT-END SALES CHARGE: NONE | |||||
Year |
Hypothetical
Beginning
Investment |
Hypothetical
Performance
Earnings |
Investment
After
Returns |
Hypothetical
Expenses |
Hypothetical
Ending
Investment |
1 |
$10,000.00 |
$500.00 |
$10,500.00 |
$70.49 |
$10,431.00 |
2 |
$10,431.00 |
$521.55 |
$10,952.55 |
$73.52 |
$10,880.58 |
3 |
$10,880.58 |
$544.03 |
$11,424.61 |
$76.69 |
$11,349.53 |
4 |
$11,349.53 |
$567.48 |
$11,917.01 |
$80.00 |
$11,838.69 |
5 |
$11,838.69 |
$591.93 |
$12,430.62 |
$83.45 |
$12,348.94 |
6 |
$12,348.94 |
$617.45 |
$12,966.39 |
$87.04 |
$12,881.18 |
7 |
$12,881.18 |
$644.06 |
$13,525.24 |
$90.80 |
$13,436.36 |
8 |
$13,436.36 |
$671.82 |
$14,108.18 |
$94.71 |
$14,015.47 |
9 |
$14,015.47 |
$700.77 |
$14,716.24 |
$98.79 |
$14,619.54 |
10 |
$14,619.54 |
$730.98 |
$15,350.52 |
$103.05 |
$15,249.64 |
Cumulative |
|
$6,090.07 |
|
$858.54 |
|
FEDERATED
HERMES INFLATION PROTECTED SECURITIES FUND - R6
CLASS | |||||
ANNUAL
EXPENSE RATIO: 0.64% | |||||
MAXIMUM
FRONT-END SALES CHARGE: NONE | |||||
Year |
Hypothetical
Beginning
Investment |
Hypothetical
Performance
Earnings |
Investment
After
Returns |
Hypothetical
Expenses |
Hypothetical
Ending
Investment |
1 |
$10,000.00 |
$500.00 |
$10,500.00 |
$65.40 |
$10,436.00 |
2 |
$10,436.00 |
$521.80 |
$10,957.80 |
$68.25 |
$10,891.01 |
3 |
$10,891.01 |
$544.55 |
$11,435.56 |
$71.22 |
$11,365.86 |
4 |
$11,365.86 |
$568.29 |
$11,934.15 |
$74.33 |
$11,861.41 |
5 |
$11,861.41 |
$593.07 |
$12,454.48 |
$77.57 |
$12,378.57 |
6 |
$12,378.57 |
$618.93 |
$12,997.50 |
$80.95 |
$12,918.28 |
7 |
$12,918.28 |
$645.91 |
$13,564.19 |
$84.48 |
$13,481.52 |
8 |
$13,481.52 |
$674.08 |
$14,155.60 |
$88.16 |
$14,069.31 |
9 |
$14,069.31 |
$703.47 |
$14,772.78 |
$92.01 |
$14,682.73 |
10 |
$14,682.73 |
$734.14 |
$15,416.87 |
$96.02 |
$15,322.90 |
Cumulative |
|
$6,104.24 |
|
$798.39 |
|