# Portfolio overlap — FIPRX vs PRIPX

Comparing **Federated Hermes Inflation Protected Securities Fund** (2026-03-31) and **T. Rowe Price Inflation Protected Bond Fund, Inc.** (2026-02-28).

- Shared positions: 33
- Federated Hermes Inflation Protected Securities Fund covered by T. Rowe Price Inflation Protected Bond Fund, Inc.: 0.5648929093415456923722259483
- T. Rowe Price Inflation Protected Bond Fund, Inc. covered by Federated Hermes Inflation Protected Securities Fund: 0.5648929093415456923722259482

## Federated Hermes Inflation Protected Securities Fund — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| U.S. Treasury Inflation-Linked Notes | 0.070751 | ✓ |
| U.S. Treasury Notes | 0.049217 | ✓ |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 2-1/2% 01/15/29 | 0.048814 | ✓ |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES .125 07/15/2030 | 0.048227 | ✓ |
| U.S. Treasury Inflation-Protected Indexed Notes | 0.046221 | ✓ |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 1-5/8% 10/15/27 | 0.039595 | ✓ |
| U.S. Treasury Inflation-Indexed Notes | 0.039503 | ✓ |
| U.S. Treasury Inflation-Protected Indexed Notes | 0.037286 | ✓ |
| UNITED STATES TREASURY INFLATION INDEXED BONDS I/L 2.375% 02-15-56 | 0.033019 |  |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-1/8% 07/15/2031 | 0.030186 | ✓ |
| U.S. Treasury Notes | 0.028743 | ✓ |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES .875% 01/15/2029 | 0.028376 | ✓ |
| U.S. Treasury Inflation-Protected Notes 1.75%, Due 01/15/2034 | 0.028049 | ✓ |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 1.125% 01/15/2033 | 0.028005 | ✓ |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 1-3/4% 01/15/28 | 0.027956 | ✓ |
| U.S. Treasury Notes | 0.027481 | ✓ |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES .25%  07/15/29 | 0.027440 | ✓ |
| US TREASURY N/B | 0.026864 |  |
| US TREASURY N/B | 0.026678 |  |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-1/8%  01/15/32 | 0.024916 | ✓ |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-3/4% 07/15/2028 | 0.022932 | ✓ |
| U.S. Treasury Notes 0.125%, Due 1/15/2030 | 0.021472 | ✓ |
| Federated Hermes Government Obligations Tax-Managed Fund, Institutional Class | 0.019267 |  |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-5/8% 07/15/2032 | 0.018747 | ✓ |
| U.S. Treasury Inflation-Protected Indexed Bonds | 0.017837 | ✓ |
| US TREASURY N/B | 0.017688 |  |
| US TREASURY N/B | 0.017415 |  |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 1-3/8% 02/15/2044 | 0.015332 | ✓ |
| Freddie Mac REMICS | 0.014598 |  |
| Fannie Mae REMICS | 0.014161 |  |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 1% 02/15/46 | 0.013534 | ✓ |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 2 1/8% 02/15/40 | 0.013064 |  |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 1% 02/15/48 | 0.012584 | ✓ |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 1.250 04/15/2028 | 0.009661 | ✓ |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 1.375 07/15/33 | 0.009292 | ✓ |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-5/8% 02/15/2043 | 0.009237 | ✓ |
| U.S. Treasury Inflation-Protected Indexed Bonds | 0.008489 | ✓ |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-1/8% 01/15/2031 | 0.007819 | ✓ |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 0.25% 02/15/2050 | 0.006347 | ✓ |
| U.S. Treasury Inflation-Protected Indexed Notes | 0.004650 | ✓ |
| U.S. Treasury Inflation-Protected Indexed Bonds | 0.004407 | ✓ |
| U.S. Treasury Inflation-Protected Notes 2.125%, Due 02/15/2054 | 0.004138 | ✓ |

## T. Rowe Price Inflation Protected Bond Fund, Inc. — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| U.S. Treasury Inflation-Protected Notes 1.75%, Due 01/15/2034 | 0.082996 | ✓ |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 1.375 07/15/33 | 0.071491 | ✓ |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 2.375% 10/15/2028 | 0.056708 |  |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES .125 07/15/2030 | 0.043180 | ✓ |
| U.S. Treasury Inflation-Protected Indexed Notes | 0.041172 | ✓ |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 1-5/8% 10/15/27 | 0.032154 | ✓ |
| U.S. Treasury Notes | 0.032106 | ✓ |
| U.S. Treasury Inflation-Protected Indexed Notes | 0.031938 | ✓ |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-1/2% 01/15/2028 | 0.031276 |  |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 1.250 04/15/2028 | 0.029797 | ✓ |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-1/8% 04/15/2027 | 0.028996 |  |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-5/8% 07/15/2032 | 0.028641 | ✓ |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES .875% 01/15/2029 | 0.028587 | ✓ |
| U.S. Treasury Notes | 0.027878 | ✓ |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-1/8%  01/15/32 | 0.026923 | ✓ |
| U.S. Treasury Notes 0.125%, Due 1/15/2030 | 0.026800 | ✓ |
| U.S. Treasury Inflation-Linked Notes | 0.025872 | ✓ |
| U.S. Treasury Inflation-Protected Notes 2.125%, Due 02/15/2054 | 0.025253 | ✓ |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES .25%  07/15/29 | 0.025252 | ✓ |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-1/8% 01/15/2031 | 0.025245 | ✓ |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-1/8% 07/15/2031 | 0.023697 | ✓ |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 1.125% 01/15/2033 | 0.019025 | ✓ |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-3/4% 07/15/2028 | 0.017890 | ✓ |
| U.S. Treasury Inflation-Indexed Notes | 0.016756 | ✓ |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 3-7/8% 04/15/29 | 0.016624 |  |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 2-1/2% 01/15/29 | 0.015882 | ✓ |
| U.S. Treasury Notes | 0.014916 | ✓ |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 1-3/8% 02/15/2044 | 0.014290 | ✓ |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-3/4% 02/15/2042 | 0.013023 |  |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 1-3/4% 01/15/28 | 0.011706 | ✓ |
| U.S. Treasury Inflation-Protected Indexed Notes | 0.011652 | ✓ |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-5/8% 02/15/2043 | 0.011470 | ✓ |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-3/8% 07/15/2027 | 0.010942 |  |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-7/8% 02/15/2047 | 0.009999 |  |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-3/4% 02/15/2045 | 0.009861 |  |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 1.50% 2/15/2053 | 0.009276 |  |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 1% 02/15/46 | 0.008756 | ✓ |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 0.25% 02/15/2050 | 0.007711 | ✓ |
| U.S. Treasury Inflation Linked Bonds | 0.007400 |  |
| U.S. Treasury Inflation-Protected Indexed Bonds | 0.006283 | ✓ |
| U.S. Treasury Inflation-Protected Indexed Bonds | 0.006153 | ✓ |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 1% 02/15/48 | 0.005929 | ✓ |
| T Rowe Price Government Reserve Investment Fund | 0.004941 |  |
| U.S. Treasury Inflation-Protected Indexed Bonds | 0.002621 | ✓ |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-1/8%  02/15/2052 | 0.000814 |  |
| 5-Year T-Note Futures, Jun-2026,ETH | 0.000115 |  |
| GS MTG-BACKED SECS TR 2014-EB1A 2A1 CSTR 07/25/2044 144A | 0.000003 |  |


## Sources

- N-PORT (fund A) — accession `0000789281-26-000049` (as of 2026-03-31)
  <https://www.sec.gov/Archives/edgar/data/789281/000078928126000049/0000789281-26-000049-index.htm>
- N-PORT (fund B) — accession `0001099263-26-004451` (as of 2026-02-28)
  <https://www.sec.gov/Archives/edgar/data/1181628/000109926326004451/0001099263-26-004451-index.htm>

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