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Trending ETFs

Federated Hermes International Strategic Value Dividend Fund

mutual fund
IVFLX
Payout Change
Pending
Price as of:
$3.72 +0.0 +0.0%
primary theme
International Large-Cap Value Equity
share class
C (IVFCX) A (IVFAX) R6 (IVFLX) Instl (IVFIX)
IVFLX (Mutual Fund)

Federated Hermes International Strategic Value Dividend Fund

Payout Change
Pending
Price as of:
$3.72 +0.0 +0.0%
primary theme
International Large-Cap Value Equity
share class
C (IVFCX) A (IVFAX) R6 (IVFLX) Instl (IVFIX)
IVFLX (Mutual Fund)

Federated Hermes International Strategic Value Dividend Fund

Payout Change
Pending
Price as of:
$3.72 +0.0 +0.0%
primary theme
International Large-Cap Value Equity
share class
C (IVFCX) A (IVFAX) R6 (IVFLX) Instl (IVFIX)

Name

As of 12/13/2024

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 International Strategic Value Dividend Fund

IVFLX | Fund

$3.72

$745 M

2.48%

$0.09

0.92%

Vitals

YTD Return

4.5%

1 yr return

6.8%

3 Yr Avg Return

5.3%

5 Yr Avg Return

4.7%

Net Assets

$745 M

Holdings in Top 10

34.6%

52 WEEK LOW AND HIGH

$3.7
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.92%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 27.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$0

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/13/2024

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 International Strategic Value Dividend Fund

IVFLX | Fund

$3.72

$745 M

2.48%

$0.09

0.92%

IVFLX - Profile

Distributions

  • YTD Total Return 4.5%
  • 3 Yr Annualized Total Return 5.3%
  • 5 Yr Annualized Total Return 4.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.89%
DIVIDENDS
  • Dividend Yield 2.5%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Federated Hermes International Strategic Value Dividend Fund
  • Fund Family Name
    Federated Hermes Funds
  • Inception Date
    Jan 27, 2017
  • Shares Outstanding
    N/A
  • Share Class
    R6
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Daniel Peris

Fund Description

The Fund pursues its investment objective by investing primarily in equity securities of companies based in countries outside the United States, consisting principally of high dividend-paying stocks with dividend growth potential. The Fund generally invests in large-cap or mid-cap stocks (which are generally defined as of the date of this Prospectus as stocks of companies with market capitalizations above $7 billion and $2 billion, respectively) and may also hold depositary receipts and real estate investment trusts. The Fund’s investment adviser (the “Adviser”) believes a strategic emphasis on high dividend-paying stocks with the potential for future dividend growth can enhance performance over time. The Adviser defines high-dividend paying stocks as those with a higher dividend yield than the MSCI World ex USA Index’s average dividend yield. The Adviser believes that this is achievable while targeting long-term dividend growth and lower volatility than the index, as measured by standard deviation.The Adviser’s security selection process involves prioritizing stocks based on attractive combinations of dividend yield and dividend growth potential over time following review of appropriate fundamental criteria, including, but not limited to, balance sheet strength, earnings growth and cash flow durability. Those companies that rank as highly attractive in the prioritization process are closely scrutinized for inclusion in the portfolio using bottom-up fundamental proprietary research. The Fund may use derivative contracts, in particular forward contracts, to manage or hedge the Fund’s currency exposure. There can be no assurance that the Fund’s use of derivative contracts will work as intended. Derivative investments made by the Fund are included within the Fund’s 80% policy (as described below) and are calculated at market value.The Adviser anticipates that normally the Fund will invest in companies based in developed countries, although to a lesser extent, the Fund may also invest in foreign companies based in emerging markets.The Fund will invest its assets so that at least 80% of its net assets (plus any borrowings for investment purposes) are invested in dividend-paying securities. The Fund will notify shareholders at least 60 days in advance of any change in its investment policy that would enable the Fund to invest, under normal circumstances, less than 80% of its net assets (plus any borrowings for investment purposes) in dividend-paying securities.
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IVFLX - Performance

Return Ranking - Trailing

Period IVFLX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.5% -2.2% 20.4% 73.42%
1 Yr 6.8% -2.4% 25.6% 78.07%
3 Yr 5.3%* -3.2% 81.0% 49.83%
5 Yr 4.7%* 0.3% 45.8% 67.87%
10 Yr N/A* 0.4% 23.4% 78.00%

* Annualized

Return Ranking - Calendar

Period IVFLX Return Category Return Low Category Return High Rank in Category (%)
2023 6.3% 1.0% 26.9% 94.77%
2022 -6.2% -27.8% 166.1% 8.20%
2021 7.5% -66.6% 64.4% 55.33%
2020 -5.5% -17.0% 17.3% 79.79%
2019 15.5% 4.4% 31.6% 35.84%

Total Return Ranking - Trailing

Period IVFLX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.5% -2.2% 20.4% 73.42%
1 Yr 6.8% -2.4% 25.6% 78.07%
3 Yr 5.3%* -3.2% 81.0% 49.83%
5 Yr 4.7%* 0.3% 45.8% 67.87%
10 Yr N/A* 0.4% 23.4% 75.60%

* Annualized

Total Return Ranking - Calendar

Period IVFLX Return Category Return Low Category Return High Rank in Category (%)
2023 10.8% 5.4% 31.0% 91.83%
2022 -2.5% -19.9% 344.3% 5.25%
2021 11.6% -0.2% 75.3% 54.33%
2020 -1.7% -11.8% 18.9% 80.84%
2019 20.5% 11.2% 32.1% 28.32%

NAV & Total Return History

IVFLX - Holdings

Concentration Analysis

IVFLX Category Low Category High IVFLX % Rank
Net Assets 745 M 3.42 M 46.7 B 41.69%
Number of Holdings 45 2 2513 93.16%
Net Assets in Top 10 247 M 628 K 14.6 B 44.30%
Weighting of Top 10 34.60% 6.2% 100.0% 18.63%

Top 10 Holdings

  1. Sanofi 4.60%
  2. National Grid PLC 4.29%
  3. TC Energy Corp 3.68%
  4. Elisa Oyj 3.49%
  5. Enbridge Inc 3.45%
  6. Novartis AG 3.23%
  7. Snam SpA 3.02%
  8. TELUS Corp 3.02%
  9. Takeda Pharmaceutical Co Ltd 2.94%
  10. Amcor PLC 2.87%

Asset Allocation

Weighting Return Low Return High IVFLX % Rank
Stocks 		98.73% 6.62% 104.54% 19.87%
Cash 		1.27% 0.00% 13.78% 60.26%
Preferred Stocks 		0.00% 0.00% 3.92% 74.92%
Other 		0.00% -1.10% 29.32% 67.43%
Convertible Bonds 		0.00% 0.00% 0.15% 53.09%
Bonds 		0.00% 0.00% 100.21% 56.35%

Stock Sector Breakdown

Weighting Return Low Return High IVFLX % Rank
Financial Services 		20.69% 0.00% 42.76% 45.72%
Communication Services 		20.58% 0.29% 22.75% 1.32%
Utilities 		20.06% 0.00% 27.46% 1.64%
Consumer Defense 		12.10% 0.00% 31.84% 16.78%
Healthcare 		11.29% 0.00% 23.28% 42.11%
Energy 		10.70% 0.00% 26.59% 23.68%
Basic Materials 		1.97% 0.00% 30.76% 97.70%
Industrials 		1.95% 1.03% 36.79% 96.71%
Real Estate 		0.65% 0.00% 17.06% 68.75%
Technology 		0.00% 0.00% 24.16% 98.03%
Consumer Cyclical 		0.00% 0.00% 27.46% 99.34%

Stock Geographic Breakdown

Weighting Return Low Return High IVFLX % Rank
Non US 		88.92% 0.00% 99.66% 70.03%
US 		9.81% 0.00% 100.40% 23.78%

IVFLX - Expenses

Operational Fees

IVFLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.92% 0.01% 5.99% 56.68%
Management Fee 0.75% 0.00% 1.25% 68.63%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.10% 0.03% 0.47% 57.83%

Sales Fees

IVFLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

IVFLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 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.

IVFLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 27.00% 2.00% 158.16% 25.65%

IVFLX - Distributions

Dividend Yield Analysis

IVFLX Category Low Category High IVFLX % Rank
Dividend Yield 2.48% 0.00% 13.19% 30.39%

Dividend Distribution Analysis

IVFLX Category Low Category High Category Mod
Dividend Distribution Frequency None SemiAnnual Quarterly Quarterly

Net Income Ratio Analysis

IVFLX Category Low Category High IVFLX % Rank
Net Income Ratio 3.89% 0.18% 7.85% 8.64%

Capital Gain Distribution Analysis

IVFLX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

View More +

IVFLX - Fund Manager Analysis

Managers

Daniel Peris

Start Date

Tenure

Tenure Rank

Jun 04, 2008

14.0

14.0%

Daniel Peris, CFA, is a Senior Vice President and Senior Portfolio Manager of Federated Equity Management Company of Pennsylvania. Mr. Peris joined Federated Investors, Inc. in August 2002. Previously, Mr. Peris worked at Argus Research Corp., New York and Absolut Invest, Moscow. Mr. Peris earned his Bachelor of Arts from Williams College, his Master of Philosophy from Oxford University and his Ph.D. from the University of Illinois.

Deborah Bickerstaff

Start Date

Tenure

Tenure Rank

Jan 31, 2014

8.33

8.3%

Deborah D. Bickerstaff is a Vice President and Portfolio Manager of Federated Equity Management Company of Pennsylvania. Ms. Bickerstaff joined Federated Investors, Inc in July 1996. From 2010 to 2013, she served as Associate Portfolio Manager with the firm. Previously, Ms. Bickerstaff held various positions with Federated subsidiary companies including: Associate Portfolio Manager, Senior Analyst, Performance Attribution and Risk Management; Senior Financial Analyst, Fund Treasury, and Senior Fund Controller, Client Financial Services. Ms. Bickerstaff received her B.S. from La Roche College.

Jared Hoff

Start Date

Tenure

Tenure Rank

Dec 31, 2015

6.42

6.4%

Mr. Hoff joined Federated in July 2000. He held various financial analyst positions with Federated subsidiary companies between 2000 and 2011, and became an Associate Portfolio Manager with the Federated in January 2012. Mr. Hoff received his B.S., Business Administration from Duquesne University and his M.B.A. from Carnegie Mellon University. Mr. Hoff has started to engaged in investment since 2002.

Michael Tucker

Start Date

Tenure

Tenure Rank

Jan 31, 2017

5.33

5.3%

Michael R. Tucker, senior investment analyst, is a portfolio manager and a Vice President of the Fund's Federated Equity Management Company of Pennsylvania. Mr. Tucker joined Federated in June 1993. He has worked in investment management since 1993; and has managed investment portfolios since 2017. Mr. Tucker earned his Master of Science in Industrial Administration with an emphasis on Finance and Strategy from Carnegie Mellon University. Mr. Tucker has 23 years of investment experience. Education: B.S. and M.S., Carnegie Mellon University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.25 29.68 7.74 0.54

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