Federated Hermes Global Equity Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
10.2%
1 yr return
25.8%
3 Yr Avg Return
4.5%
5 Yr Avg Return
N/A
Net Assets
$20.1 M
Holdings in Top 10
27.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 2.27%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 16.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FHGIX - Profile
Distributions
- YTD Total Return 10.2%
- 3 Yr Annualized Total Return 4.5%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 0.59%
- Dividend Yield 1.0%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameFederated Hermes Global Equity Fund
-
Fund Family NameFederated Hermes Funds
-
Inception DateApr 24, 2019
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerLewis Grant
Fund Description
FHGIX - Performance
Return Ranking - Trailing
Period | FHGIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 10.2% | -35.6% | 29.2% | 52.68% |
1 Yr | 25.8% | 17.3% | 252.4% | 44.09% |
3 Yr | 4.5%* | -3.5% | 34.6% | N/A |
5 Yr | N/A* | 0.1% | 32.7% | N/A |
10 Yr | N/A* | -6.9% | 18.3% | N/A |
* Annualized
Return Ranking - Calendar
Period | FHGIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 18.2% | -24.3% | 957.1% | 27.78% |
2022 | -24.2% | -38.3% | 47.1% | N/A |
2021 | 16.8% | -54.2% | 0.6% | N/A |
2020 | 19.7% | -76.0% | 54.1% | N/A |
2019 | N/A | -26.1% | 47.8% | N/A |
Total Return Ranking - Trailing
Period | FHGIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 10.2% | -35.6% | 29.2% | 53.36% |
1 Yr | 25.8% | 11.4% | 252.4% | 40.23% |
3 Yr | 4.5%* | -3.5% | 34.6% | N/A |
5 Yr | N/A* | 0.1% | 32.7% | N/A |
10 Yr | N/A* | -6.9% | 18.3% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | FHGIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 19.5% | -24.3% | 957.1% | 27.78% |
2022 | -23.3% | -33.1% | 47.1% | N/A |
2021 | 17.6% | -44.4% | 1.8% | N/A |
2020 | 20.5% | -6.5% | 54.1% | N/A |
2019 | N/A | -14.4% | 47.8% | N/A |
NAV & Total Return History
FHGIX - Holdings
Concentration Analysis
FHGIX | Category Low | Category High | FHGIX % Rank | |
---|---|---|---|---|
Net Assets | 20.1 M | 199 K | 133 B | 95.18% |
Number of Holdings | 96 | 1 | 9075 | 34.80% |
Net Assets in Top 10 | 5.21 M | -18 M | 37.6 B | 95.04% |
Weighting of Top 10 | 27.45% | 9.1% | 100.0% | 69.68% |
Top 10 Holdings
- Microsoft Corp 5.55%
- Apple Inc 4.10%
- Novo Nordisk A/S 3.20%
- Amazon.com Inc 2.62%
- ASML Holding NV 2.32%
- Costco Wholesale Corp 2.05%
- NVIDIA Corp 2.02%
- Trane Technologies PLC 2.01%
- Alphabet Inc 1.85%
- Travelers Cos Inc/The 1.74%
Asset Allocation
Weighting | Return Low | Return High | FHGIX % Rank | |
---|---|---|---|---|
Stocks | 97.67% | 61.84% | 125.47% | 2.53% |
Cash | 2.33% | -174.70% | 23.12% | 94.16% |
Preferred Stocks | 0.00% | -0.01% | 5.28% | 42.40% |
Other | 0.00% | -13.98% | 19.14% | 49.45% |
Convertible Bonds | 0.00% | 0.00% | 4.46% | 35.79% |
Bonds | 0.00% | -1.50% | 161.67% | 38.99% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FHGIX % Rank | |
---|---|---|---|---|
Technology | 28.15% | 0.00% | 49.87% | 25.11% |
Financial Services | 16.10% | 0.00% | 38.42% | 33.26% |
Healthcare | 12.68% | 0.00% | 35.42% | 70.81% |
Communication Services | 9.36% | 0.00% | 57.66% | 56.94% |
Consumer Cyclical | 8.80% | 0.00% | 40.94% | 62.89% |
Industrials | 8.14% | 0.00% | 44.06% | 48.57% |
Basic Materials | 4.77% | 0.00% | 38.60% | 47.03% |
Consumer Defense | 4.51% | 0.00% | 73.28% | 61.78% |
Real Estate | 3.25% | 0.00% | 39.48% | 15.42% |
Energy | 2.78% | 0.00% | 21.15% | 33.04% |
Utilities | 1.46% | 0.00% | 29.12% | 42.62% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FHGIX % Rank | |
---|---|---|---|---|
US | 66.89% | 0.13% | 103.82% | 31.72% |
Non US | 30.79% | 0.58% | 99.46% | 56.94% |
FHGIX - Expenses
Operational Fees
FHGIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 2.27% | 0.01% | 44.27% | 3.53% |
Management Fee | 0.65% | 0.00% | 1.82% | 38.84% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.10% | 0.01% | 0.76% | 88.27% |
Sales Fees
FHGIX 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% | 5.00% | N/A |
Trading Fees
FHGIX 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.
FHGIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 16.00% | 0.00% | 395.00% | 13.07% |
FHGIX - Distributions
Dividend Yield Analysis
FHGIX | Category Low | Category High | FHGIX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.04% | 0.00% | 3.26% | 35.34% |
Dividend Distribution Analysis
FHGIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annually | Annually | Annually |
Net Income Ratio Analysis
FHGIX | Category Low | Category High | FHGIX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.59% | -4.27% | 12.65% | 46.25% |
Capital Gain Distribution Analysis
FHGIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 28, 2023 | $0.154 | OrdinaryDividend |
Dec 28, 2022 | $0.140 | OrdinaryDividend |
Dec 29, 2021 | $0.105 | OrdinaryDividend |
Dec 29, 2020 | $0.086 | OrdinaryDividend |
Dec 30, 2019 | $0.058 | OrdinaryDividend |
FHGIX - Fund Manager Analysis
Managers
Lewis Grant
Start Date
Tenure
Tenure Rank
Apr 23, 2019
3.11
3.1%
Lewis joined the international business of Federated Hermes in February 2008 as a portfolio manager on the Global Equities team. In addition to his role as portfolio manager, Lewis is responsible for designing and implementing many of the team's systems. In particular, he created our proprietary risk-modelling system, MultiFRAME, which is used across all investment teams based in London. He joined from Aon Consulting, where he worked as an actuarial consultant specialising in providing valuations and asset-liability modelling to a range of corporate and institutional clients. Lewis graduated f
Louise Dudley
Start Date
Tenure
Tenure Rank
Apr 23, 2019
3.11
3.1%
Louise joined the international business of Federated Hermes in March 2009 and leads the ESG and responsible investment research strategy within the Global Equities team. Building on her experience developing factor testing platforms and enhancing the factor modelling capabilities of the team’s systems, Louise has applied this comprehensive analysis to ESG applications. Having delivered research supporting the returns from ESG integration, this has led to the creation of innovative customised product solutions and tools fulfilling client needs. Louise originally joined the company as a member
Geir Lode
Start Date
Tenure
Tenure Rank
Apr 23, 2019
3.11
3.1%
Geir joined the international business of Federated Hermes in May 2007 to establish the Global Equities strategy. Prior to this, he was Chairman of Bergen Yards in Bergen, Norway, where he was responsible for restructuring and focusing a holding company. Bergen Yards changed name to Bergen Group and was listed on the Oslo stock exchange in June 2007. Geir started his career in 1991 at Frank Russell, moving to Chancellor LGT and then Putnam Investments, where he was a senior vice president before returning to Norway in 2003. Geir studied Mechanical Engineering at the Norwegian Institute of Tech
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.01 | 35.82 | 6.24 | 1.25 |