Home
Guide
Picks
High Yield
Dates
Monthly
Screener
Resources
ESG
Retire
Channels
Continue to site >
Trending ETFs

Federated Hermes SDG Engagement Equity Fund

mutual fund
FHERX
Payout Change
Pending
Price as of:
$14.52 +0.12 +0.83%
primary theme
N/A
share class
R6 (FHERX) A (FHEQX) Instl (FHESX)
FHERX (Mutual Fund)

Federated Hermes SDG Engagement Equity Fund

Payout Change
Pending
Price as of:
$14.52 +0.12 +0.83%
primary theme
N/A
share class
R6 (FHERX) A (FHEQX) Instl (FHESX)
FHERX (Mutual Fund)

Federated Hermes SDG Engagement Equity Fund

Payout Change
Pending
Price as of:
$14.52 +0.12 +0.83%
primary theme
N/A
share class
R6 (FHERX) A (FHEQX) Instl (FHESX)

Name

As of 10/11/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Federated Hermes SDG Engagement Equity Fund

FHERX | Fund

$14.52

$102 M

0.93%

$0.13

1.20%

Vitals

YTD Return

6.8%

1 yr return

22.3%

3 Yr Avg Return

2.3%

5 Yr Avg Return

N/A

Net Assets

$102 M

Holdings in Top 10

27.2%

52 WEEK LOW AND HIGH

$14.4
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.20%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 13.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$0

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 10/11/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Federated Hermes SDG Engagement Equity Fund

FHERX | Fund

$14.52

$102 M

0.93%

$0.13

1.20%

FHERX - Profile

Distributions

  • YTD Total Return 6.8%
  • 3 Yr Annualized Total Return 2.3%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 0.28%
DIVIDENDS
  • Dividend Yield 0.9%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Federated Hermes SDG Engagement Equity Fund
  • Fund Family Name
    Federated Hermes Funds
  • Inception Date
    Jun 11, 2021
  • Shares Outstanding
    N/A
  • Share Class
    R6
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Hamish Galpin

Fund Description

The Fund pursues its investment objective of long-term capital appreciation alongside positive societal impact by investing, under normal circumstances, at least 80% of its net assets in equity securities.In seeking to achieve its objective, the Fund may invest its assets in companies of all capitalizations; however, the Fund’s investment adviser or sub-adviser (as applicable, the “Adviser”) anticipates that the Fund will be primarily invested in equity securities and equity-related securities (such as depositary receipts) of small- and mid-capitalization companies in both the United States and foreign markets (including emerging markets).The Fund may also invest in and gain exposure to securities of other investment companies, real estate investment trusts (REITs), and money market funds including funds advised by the Adviser or its affiliates.In managing the assets of the Fund, the Adviser will seek to invest in companies that, in its view, provide the potential for long-term capital appreciation while also contributing to positive societal impact aligned to the United Nations Sustainable Development Goals (the “UN Sustainable Development Goals”) (as outlined in further detail below).1 It will do so by performing bottom-up fundamental analysis of financial criteria such as balance sheet quality, franchise value (i.e., brand strength and sustainability of the business model), and quality of management. The review process may include analysis of financial statements, meetings with management, consideration of the general economic environment in which the company operates, structural growth potential of the relevant industry segment and other relevant factors which allow the Adviser to assess the intrinsic value of a company, and a comparison to the market valuation, as reflected in the current share price. The Adviser also will use standard accounting methodologies to assess the growth prospects of a company by estimating its future operating cash flow less capital expenditures (adjusted for the time value of money). The Adviser believes this analysis may help determine whether the companies may provide the potential for long-term capital appreciation, notwithstanding that equities of such companies may, at the time of purchase, be undervalued.1Please refer to https://sustainabledevelopment.un.org/?menu=1300 for further information on the United Nations Sustainable Development Goals.In addition to fundamental financial indicator criteria, the Adviser may consider engagement criteria such as assessment of company management competence, integrity and vision, as well as exposure to one or multiple UN Sustainable Development Goals.The Adviser intends to invest in small- and mid-capitalization companies that it believes will implement UN Sustainable Development Goals aligned practices. The Adviser will utilize bottom-up analysis of companies’ respective supply chains, direct operations, products and services to identify those businesses with the best opportunity for improvement in areas such as water and energy conservation.The Fund will not be subject to any limitation on the types of companies in which it may invest (either in terms of industry or focus) so long as these companies are viewed by the Adviser to provide the potential for long-term capital appreciation while also contributing to positive societal impact aligned to the UN Sustainable Development Goals. The Fund may, from time to time, have larger allocations to certain broad market sectors in attempting to achieve its investment objective.The Fund will invest its assets so that at least 80% of its net assets (plus any borrowings for investment purposes) are invested in equity securities. The Fund will notify shareholders at least 60 days in advance of any change in its investment policy that would permit the Fund to invest, under normal circumstances, less than 80% of its net assets (plus any borrowings for investment purposes) in investments in equity securities.Portfolio TurnoverThe Fund actively trades its portfolio securities in an attempt to achieve its investment objective, although the Fund expects to have low portfolio turnover. Active trading may cause the Fund to have an increased portfolio turnover rate and increase the Fund’s trading costs, which may have an adverse impact on the Fund’s performance. An active trading strategy may result in the Fund generating more short-term capital gains or losses. Short-term gains are generally taxed at a higher rate than long-term gains. Any short-term losses are used first to offset short-term gains.
Read More

FHERX - Performance

Return Ranking - Trailing

Period FHERX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.8% -44.3% 9.5% 18.59%
1 Yr 22.3% -51.1% 24.7% 21.29%
3 Yr 2.3%* -6.4% 28.0% 76.35%
5 Yr N/A* -4.2% 18.3% N/A
10 Yr N/A* 1.0% 13.7% N/A

* Annualized

Return Ranking - Calendar

Period FHERX Return Category Return Low Category Return High Rank in Category (%)
2023 17.1% -50.5% 18.8% N/A
2022 -18.7% -27.4% 103.5% N/A
2021 N/A 3.5% 66.4% N/A
2020 N/A -64.5% 5.6% N/A
2019 N/A -9.3% 49.7% N/A

Total Return Ranking - Trailing

Period FHERX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.8% -44.3% 9.5% 16.67%
1 Yr 22.3% -51.1% 24.7% 20.00%
3 Yr 2.3%* -6.4% 28.0% 71.62%
5 Yr N/A* -4.2% 18.3% N/A
10 Yr N/A* 1.0% 13.7% N/A

* Annualized

Total Return Ranking - Calendar

Period FHERX Return Category Return Low Category Return High Rank in Category (%)
2023 18.3% -50.6% 18.8% N/A
2022 -18.4% -27.4% 103.5% N/A
2021 N/A 3.5% 66.4% N/A
2020 N/A -64.5% 5.6% N/A
2019 N/A -9.3% 53.2% N/A

NAV & Total Return History

FHERX - Holdings

Concentration Analysis

FHERX Category Low Category High FHERX % Rank
Net Assets 102 M 2.31 M 71.6 B 71.88%
Number of Holdings 53 31 9561 78.13%
Net Assets in Top 10 29.3 M 452 K 5.44 B 67.50%
Weighting of Top 10 27.21% 4.2% 63.4% 34.38%

Top 10 Holdings

  1. Reinsurance Group of America Inc 3.01%
  2. Yaoko Co Ltd 2.83%
  3. Trelleborg AB 2.79%
  4. PTC Inc 2.79%
  5. CLEAN HARBORS INC 2.77%
  6. Techtronic Industries Co Ltd 2.71%
  7. STERIS PLC 2.61%
  8. Wintrust Financial Corp 2.60%
  9. AptarGroup Inc 2.55%
  10. RPM International Inc 2.54%

Asset Allocation

Weighting Return Low Return High FHERX % Rank
Stocks 		98.80% 40.59% 104.41% 6.25%
Cash 		1.20% -4.41% 47.07% 88.75%
Preferred Stocks 		0.00% 0.00% 1.04% 43.75%
Other 		0.00% -7.94% 19.71% 58.13%
Convertible Bonds 		0.00% 0.00% 7.55% 36.88%
Bonds 		0.00% 0.00% 8.07% 38.75%

Stock Sector Breakdown

Weighting Return Low Return High FHERX % Rank
Industrials 		18.96% 0.00% 53.77% 63.75%
Consumer Cyclical 		16.09% 0.00% 71.20% 23.13%
Healthcare 		15.18% 0.00% 28.38% 33.13%
Basic Materials 		10.19% 0.00% 26.39% 15.63%
Financial Services 		9.45% 0.00% 75.07% 57.50%
Technology 		9.35% 0.00% 93.40% 87.50%
Real Estate 		7.96% 0.00% 43.48% 18.13%
Consumer Defense 		5.24% 0.00% 52.28% 41.88%
Energy 		3.34% 0.00% 36.56% 26.25%
Utilities 		2.35% 0.00% 70.33% 29.38%
Communication Services 		1.89% 0.00% 23.15% 70.63%

Stock Geographic Breakdown

Weighting Return Low Return High FHERX % Rank
US 		52.54% 6.76% 79.19% 21.88%
Non US 		46.26% 12.39% 83.06% 55.00%

FHERX - Expenses

Operational Fees

FHERX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.20% 0.43% 2.93% 79.38%
Management Fee 0.75% 0.30% 1.25% 39.38%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.10% 0.03% 0.15% 66.04%

Sales Fees

FHERX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

FHERX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FHERX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 13.00% 7.00% 145.00% 5.93%

FHERX - Distributions

Dividend Yield Analysis

FHERX Category Low Category High FHERX % Rank
Dividend Yield 0.93% 0.00% 14.18% 6.25%

Dividend Distribution Analysis

FHERX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annually Annually Annually

Net Income Ratio Analysis

FHERX Category Low Category High FHERX % Rank
Net Income Ratio 0.28% -1.92% 6.98% 30.57%

Capital Gain Distribution Analysis

FHERX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

FHERX - Fund Manager Analysis

Managers

Hamish Galpin

Start Date

Tenure

Tenure Rank

Nov 01, 2018

3.58

3.6%

Hamish is the Head of the Small & Mid Cap boutique and has led it since its creation in 2007. He has been at Hermes since 1995 when he joined as co-manager of the UK smaller companies strategies; he served as lead manager from January 1997 to April 2010. Since the founding of the team, Hamish has gradually assumed a more global perspective, with oversight of the holdings across all of the team's strategies, and he is now lead manager of the Global Small Cap strategy. He has a background in credit, having started his career in the energy and natural resources division of NatWest Bank, and later moving to Bankers Trust as a credit analyst covering European corporates. He has BEng (Hons) in Civil Engineering from Nottingham University and is a former director of the Hermes Group (DB) Pension Scheme. Hamish also sits on the Hermes Governance Group, which monitors the Hermes (DC) pension scheme.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 39.6 7.02 9.33

Advertisement

×

Wait! Rates are rising, is your portfolio ready?

×