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Name

As of 09/25/2020

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 Equity Advantage Fund

FEKAX | Fund

$8.01

$1.77 M

1.51%

$0.12

9.87%

Vitals

YTD Return

-21.1%

1 yr return

-5.6%

3 Yr Avg Return

-4.3%

5 Yr Avg Return

N/A

Net Assets

$1.77 M

Holdings in Top 10

38.4%

52 WEEK LOW AND HIGH

$8.0
$4.43
$10.25

Expenses

OPERATING FEES

Expense Ratio 9.87%

SALES FEES

Front Load 5.50%

Deferred Load N/A

TRADING FEES

Turnover 51.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$1,500

IRA

$250

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 09/25/2020

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 Equity Advantage Fund

FEKAX | Fund

$8.01

$1.77 M

1.51%

$0.12

9.87%

FEKAX - Profile

Distributions

  • YTD Total Return -21.1%
  • 3 Yr Annualized Total Return -6.1%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.04%
DIVIDENDS
  • Dividend Yield 1.5%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Federated Hermes Equity Advantage Fund
  • Fund Family Name
    Federated
  • Inception Date
    Feb 26, 2016
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Mark Durbiano

Fund Description

FEKAX - Performance

Return Ranking - Trailing

Period FEKAX Return Category Return Low Category Return High Rank in Category (%)
YTD -21.1% -36.7% 254.6% 36.85%
1 Yr -5.6% -26.8% 26.5% 36.17%
3 Yr -4.3%* -8.5% 10.6% 84.67%
5 Yr N/A* -3.1% 11.7% N/A
10 Yr N/A* 3.2% 11.6% N/A

* Annualized

Return Ranking - Calendar

Period FEKAX Return Category Return Low Category Return High Rank in Category (%)
2023 24.7% -21.7% 34.0% 15.16%
2022 -42.0% -57.2% -5.7% 98.47%
2021 14.9% -64.9% 17.4% 2.93%
2020 N/A -2.4% 68.2% N/A
2019 N/A -36.0% 2.5% N/A

Total Return Ranking - Trailing

Period FEKAX Return Category Return Low Category Return High Rank in Category (%)
YTD -21.1% -36.7% 254.6% 36.85%
1 Yr -10.8% -30.9% 26.5% 72.75%
3 Yr -6.1%* -9.6% 10.6% 93.17%
5 Yr N/A* -3.3% 11.7% N/A
10 Yr N/A* 3.2% 11.6% N/A

* Annualized

Total Return Ranking - Calendar

Period FEKAX Return Category Return Low Category Return High Rank in Category (%)
2023 24.7% -21.7% 34.0% 15.16%
2022 -42.0% -48.1% 71.2% 98.72%
2021 17.8% -28.5% 216.1% 1.60%
2020 N/A -0.8% 70.7% N/A
2019 N/A -36.0% 3.0% N/A

NAV & Total Return History

FEKAX - Holdings

Concentration Analysis

FEKAX Category Low Category High FEKAX % Rank
Net Assets 1.77 M 572 K 28.5 B 98.15%
Number of Holdings 35 1 1550 96.74%
Net Assets in Top 10 649 K 179 K 1.82 B 97.21%
Weighting of Top 10 38.37% 4.5% 100.0% 9.15%

Top 10 Holdings

  1. Dell Technologies Inc Class C 4.59%
  2. Enviva Partners LP 4.38%
  3. Lumentum Holdings Inc 3.87%
  4. TTM Technologies Inc 3.75%
  5. Teck Resources Ltd Class B 3.69%
  6. Gaming and Leisure Properties Inc 3.69%
  7. Sunoco LP 3.66%
  8. Lear Corp 3.64%
  9. Graphic Packaging Holding Co 3.58%
  10. NRG Energy Inc 3.51%

Asset Allocation

Weighting Return Low Return High FEKAX % Rank
Stocks 		98.37% 66.76% 101.47% 53.72%
Cash 		1.63% -49.97% 33.07% 44.19%
Preferred Stocks 		0.00% 0.00% 18.93% 10.70%
Other 		0.00% -4.04% 15.03% 12.33%
Convertible Bonds 		0.00% 0.00% 3.75% 6.74%
Bonds 		0.00% 0.00% 31.34% 10.70%

Stock Sector Breakdown

Weighting Return Low Return High FEKAX % Rank
Consumer Cyclical 		34.07% 0.00% 46.41% 0.70%
Basic Materials 		14.80% 0.00% 72.60% 0.47%
Technology 		13.97% 0.00% 32.98% 10.09%
Communication Services 		10.59% 0.00% 19.88% 0.70%
Energy 		10.06% 0.00% 36.81% 4.69%
Utilities 		9.78% 0.00% 16.09% 2.35%
Real Estate 		3.75% 0.00% 26.41% 74.88%
Industrials 		2.88% 2.88% 37.38% 99.77%
Healthcare 		0.10% 0.00% 23.00% 96.71%
Financial Services 		0.00% 0.00% 37.80% 99.06%
Consumer Defense 		0.00% 0.00% 15.87% 96.71%

Stock Geographic Breakdown

Weighting Return Low Return High FEKAX % Rank
US 		94.68% 23.28% 101.23% 60.70%
Non US 		3.69% 0.00% 65.94% 23.02%

FEKAX - Expenses

Operational Fees

FEKAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 9.87% 0.05% 15.49% 1.44%
Management Fee 0.85% 0.00% 1.49% 67.29%
12b-1 Fee 0.00% 0.00% 1.00% 3.27%
Administrative Fee 0.10% 0.01% 0.47% 43.71%

Sales Fees

FEKAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.50% 3.50% 5.75% 44.83%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

FEKAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 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.

FEKAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 51.00% 1.00% 468.00% 43.68%

FEKAX - Distributions

Dividend Yield Analysis

FEKAX Category Low Category High FEKAX % Rank
Dividend Yield 1.51% 0.00% 22.88% 13.19%

Dividend Distribution Analysis

FEKAX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Annually Annually

Net Income Ratio Analysis

FEKAX Category Low Category High FEKAX % Rank
Net Income Ratio 1.04% -1.67% 4.29% 30.90%

Capital Gain Distribution Analysis

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

Distributions History

View More +

FEKAX - Fund Manager Analysis

Managers

Mark Durbiano

Start Date

Tenure

Tenure Rank

Feb 26, 2016

4.52

4.5%

Mr. Durbiano joined Federated in 1982 and has been a Senior Portfolio Manager and a Senior Vice President of Federated Investment Management Company since 1996. From 1988 through 1995, Mr. Durbiano was a Portfolio Manager and a Vice President of Federated. Mr. Durbiano has received the Chartered Financial Analyst designation and an M.B.A. in Finance from the University of Pittsburgh.

Gene Neavin

Start Date

Tenure

Tenure Rank

Feb 26, 2016

4.52

4.5%

Mr. Neavin joined Federated in 2001 as an Investment Analyst and has been a Portfolio Manager since 2011. . In 2005, Mr. Neavin became an Assistant Vice President and Senior Investment Analyst and in 2010 became a Vice President of a Federated advisory subsidiary. From 1995 to 1999, Mr. Neavin worked for MBNA America Bank and was appointed a Senior Credit Analyst in 1997. Mr. Neavin has received the Chartered Financial Analyst designation and an M.B.A. from Carnegie Mellon University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 35.7 7.04 0.67

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