FDERX: Federated Hermes Equity Income R

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FDERX Federated Hermes Equity Income R


Profile

FDERX - Profile

Vitals

  • YTD Return -7.9%
  • 3 Yr Annualized Return -5.9%
  • 5 Yr Annualized Return -1.7%
  • Net Assets $770 M
  • Holdings in Top 10 25.3%

52 WEEK LOW AND HIGH

$20.33
$14.12
$22.42

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.54%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 97.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA $250

Fund Classification


Distributions

  • YTD Total Return -7.9%
  • 3 Yr Annualized Total Return 1.2%
  • 5 Yr Annualized Total Return 4.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.95%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Federated Hermes Equity Income Fund
  • Fund Family Name
    Federated
  • Inception Date
    Jan 25, 2013
  • Shares Outstanding
    N/A
  • Share Class
    Retirement
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Linda Bakhshian

Fund Description

The fund invests primarily in income-producing equity securities. Its holdings ordinarily will be in dividend paying stocks of mid-capitalization (or "mid-cap") to large-capitalization (or "large-cap") domestic companies. The fund may also invest, to a lesser extent, in securities of foreign issuers, and may invest in real estate investment trusts and securities of other investment companies. The fund may invest in derivative contracts and/or hybrid instruments to implement elements of its investment strategy.


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Categories

Fund Company Quick Screens

FDERX - Fund Company Quick Screens


Performance

FDERX - Performance

Return Ranking - Trailing

Period FDERX Return Category Return Low Category Return High Rank in Category (%)
YTD -7.9% -46.3% 252.6% 25.64%
1 Yr -2.9% -46.7% 238.2% 17.77%
3 Yr -5.9%* -23.4% 46.6% 62.60%
5 Yr -1.7%* -20.6% 29.8% 68.74%
10 Yr N/A* -14.4% 17.6% 35.41%

* Annualized

Return Ranking - Calendar

Period FDERX Return Category Return Low Category Return High Rank in Category (%)
2019 18.8% -32.1% 48.5% 50.86%
2018 -26.6% -62.4% 16.7% 93.66%
2017 10.0% -16.4% 24.6% 43.81%
2016 5.1% -27.9% 31.0% 87.08%
2015 -8.3% -43.1% 1.3% 38.68%

Total Return Ranking - Trailing

Period FDERX Return Category Return Low Category Return High Rank in Category (%)
YTD -7.9% -46.3% 252.6% 25.64%
1 Yr -2.9% -46.7% 238.2% 17.67%
3 Yr 1.2%* -22.7% 57.4% 31.40%
5 Yr 4.3%* -14.3% 38.3% 47.83%
10 Yr N/A* -5.5% 17.6% 65.08%

* Annualized

Total Return Ranking - Calendar

Period FDERX Return Category Return Low Category Return High Rank in Category (%)
2019 19.1% -32.1% 48.5% 48.19%
2018 -12.3% -37.1% 17.4% 54.29%
2017 15.9% -9.5% 28.4% 42.35%
2016 9.3% -27.9% 32.2% 85.65%
2015 -5.6% -28.9% 3.9% 58.20%

NAV & Total Return History


Holdings

FDERX - Holdings

Concentration Analysis

FDERX Category Low Category High FDERX % Rank
Net Assets 770 M 400 K 84.1 B 45.62%
Number of Holdings 76 1 1110 55.11%
Net Assets in Top 10 179 M 68.9 K 19.2 B 50.91%
Weighting of Top 10 25.26% 6.8% 186.4% 59.67%

Top 10 Holdings

  1. JPMorgan Chase & Co 3.22%
  2. Bank of America Corp 2.98%
  3. Parker Hannifin Corp 2.70%
  4. Union Pacific Corp 2.58%
  5. Chevron Corp 2.49%
  6. Stanley Black & Decker Inc 2.48%
  7. Comcast Corp Class A 2.32%
  8. Coca-Cola Co 2.27%
  9. Medtronic PLC 2.13%
  10. UnitedHealth Group Inc 2.10%

Asset Allocation

Weighting Return Low Return High FDERX % Rank
Stocks
98.29% 81.83% 145.03% 55.38%
Cash
1.70% -129.21% 18.17% 40.05%
Preferred Stocks
0.00% 0.00% 15.00% 57.48%
Other
0.00% -1.57% 90.90% 55.29%
Convertible Bonds
0.00% 0.00% 6.27% 54.84%
Bonds
0.00% 0.00% 60.26% 56.30%

Stock Sector Breakdown

Weighting Return Low Return High FDERX % Rank
Financial Services
18.65% 0.00% 60.93% 53.31%
Industrials
13.51% 0.00% 45.45% 26.38%
Healthcare
12.20% 0.00% 37.21% 88.42%
Technology
12.02% 0.00% 32.15% 49.82%
Consumer Defense
9.98% 0.00% 31.06% 33.27%
Communication Services
7.24% 0.00% 21.24% 45.77%
Consumer Cyclical
6.88% 0.00% 30.92% 46.05%
Utilities
5.65% 0.00% 47.14% 42.74%
Energy
5.21% 0.00% 93.48% 42.46%
Real Estate
5.18% 0.00% 12.92% 16.73%
Basic Materials
3.46% 0.00% 18.84% 48.53%

Stock Geographic Breakdown

Weighting Return Low Return High FDERX % Rank
US
92.80% 80.02% 143.73% 59.22%
Non US
5.49% 0.00% 18.17% 38.69%

Expenses

FDERX - Expenses

Operational Fees

FDERX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.54% 0.00% 19.26% 22.25%
Management Fee 0.60% 0.00% 1.50% 50.78%
12b-1 Fee 0.50% 0.00% 1.00% 69.29%
Administrative Fee 0.10% 0.01% 0.50% 41.28%

Sales Fees

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

Trading Fees

FDERX 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.

FDERX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 97.00% 0.00% 462.00% 84.35%

Distributions

FDERX - Distributions

Dividend Yield Analysis

FDERX Category Low Category High FDERX % Rank
Dividend Yield 0.00% 0.00% 8.61% 54.65%

Dividend Distribution Analysis

FDERX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Quarterly Annually

Net Income Ratio Analysis

FDERX Category Low Category High FDERX % Rank
Net Income Ratio 1.95% -0.69% 5.26% 38.06%

Capital Gain Distribution Analysis

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

Dividend Payout History

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Fund Manager Analysis

FDERX - Fund Manager Analysis

Managers

Linda Bakhshian


Start Date

Tenure

Tenure Rank

Nov 30, 2009

10.76

10.8%

Ms. Bakhshian joined Federated in 2007 and has worked in investment management since 2002. Previously, she served as an equity research analyst with the Principal Financial Group from September 2002 to October 2007. Ms. Bakhshian has earned the Chartered Accountant designation and received her B.B. from the University of New England (Australia).

Stephen Gutch


Start Date

Tenure

Tenure Rank

Jan 01, 2020

0.67

0.7%

Stephen K. Gutch, CFA, is Senior Portfolio Manager for Federated Global Investment Management Corp. Mr. Gutch has been with Federated since 2008; has worked in investment management since 1995; and has managed investment portfolios since 2006. Previous associations: Director of Research and Portfolio Manager, Clover Capital Management; Managing Director for hedge fund, Continental Advisors, LLC; Portfolio Manager, Fulcrum Investment Group, LLC. Education: B.A., University of Rochester; M.B.A., William E. Simon Graduate School of Business Administration, also at the University of Rochester.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 84.84 7.34 4.96