Federated Hermes Emerging Markets Equity Fund
Name
As of 09/05/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
10.9%
1 yr return
13.3%
3 Yr Avg Return
-10.4%
5 Yr Avg Return
N/A
Net Assets
$52.3 M
Holdings in Top 10
42.2%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.70%
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 09/05/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FRIEX - Profile
Distributions
- YTD Total Return 10.9%
- 3 Yr Annualized Total Return -10.4%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 0.6%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameFederated Hermes Emerging Markets Equity Fund
-
Fund Family NameFederated Hermes Funds
-
Inception DateAug 26, 2021
-
Shares OutstandingN/A
-
Share ClassR6
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerCalvin Zhang
Fund Description
FRIEX - Performance
Return Ranking - Trailing
Period | FRIEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 10.9% | -6.0% | 25.6% | 11.45% |
1 Yr | 13.3% | -4.4% | 27.1% | 56.01% |
3 Yr | -10.4%* | -19.3% | 10.7% | 92.01% |
5 Yr | N/A* | -6.0% | 12.1% | 3.05% |
10 Yr | N/A* | -2.8% | 6.1% | N/A |
* Annualized
Return Ranking - Calendar
Period | FRIEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.1% | -6.5% | 35.5% | 89.82% |
2022 | -31.2% | -50.1% | -2.4% | 88.92% |
2021 | N/A | -33.1% | 22.5% | N/A |
2020 | N/A | -22.1% | 80.1% | N/A |
2019 | N/A | -0.7% | 42.0% | N/A |
Total Return Ranking - Trailing
Period | FRIEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 10.9% | -6.0% | 25.6% | 11.45% |
1 Yr | 13.3% | -4.4% | 27.1% | 56.01% |
3 Yr | -10.4%* | -19.3% | 10.7% | 92.01% |
5 Yr | N/A* | -6.0% | 12.1% | 3.17% |
10 Yr | N/A* | -2.8% | 6.1% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | FRIEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.8% | -2.7% | 42.0% | 93.86% |
2022 | -30.5% | -42.2% | 1.9% | 91.37% |
2021 | N/A | -32.5% | 33.1% | N/A |
2020 | N/A | -20.0% | 81.6% | N/A |
2019 | N/A | 2.3% | 42.0% | N/A |
NAV & Total Return History
FRIEX - Holdings
Concentration Analysis
FRIEX | Category Low | Category High | FRIEX % Rank | |
---|---|---|---|---|
Net Assets | 52.3 M | 682 K | 103 B | 84.54% |
Number of Holdings | 59 | 10 | 7137 | 81.75% |
Net Assets in Top 10 | 18.2 M | 290 K | 21.1 B | 82.17% |
Weighting of Top 10 | 42.24% | 2.9% | 100.2% | 19.39% |
Top 10 Holdings
- Taiwan Semiconductor Manufacturing Co Ltd 9.85%
- Tencent Holdings Ltd 5.97%
- MercadoLibre Inc 4.45%
- SAMSUNG ELECTRONICS CO LTD 3.65%
- NU Holdings Ltd/Cayman Islands 3.57%
- Alibaba Group Holding Ltd 3.46%
- PB Fintech Ltd 3.05%
- Zijin Mining Group Co Ltd 2.91%
- Kuaishou Technology 2.70%
- SK Hynix Inc 2.63%
Asset Allocation
Weighting | Return Low | Return High | FRIEX % Rank | |
---|---|---|---|---|
Stocks | 99.89% | 0.00% | 107.82% | 6.82% |
Cash | 1.46% | -2.03% | 16.88% | 58.91% |
Preferred Stocks | 0.00% | 0.00% | 14.66% | 64.21% |
Other | 0.00% | -0.46% | 26.93% | 35.10% |
Convertible Bonds | 0.00% | 0.00% | 7.40% | 12.90% |
Bonds | 0.00% | 0.00% | 88.10% | 21.87% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FRIEX % Rank | |
---|---|---|---|---|
Technology | 30.84% | 0.00% | 47.50% | 10.44% |
Financial Services | 12.11% | 0.00% | 48.86% | 91.82% |
Industrials | 11.29% | 0.00% | 43.53% | 12.13% |
Basic Materials | 9.96% | 0.00% | 30.03% | 29.20% |
Consumer Cyclical | 9.74% | 0.00% | 48.94% | 81.10% |
Communication Services | 8.66% | 0.00% | 39.29% | 51.62% |
Energy | 6.81% | 0.00% | 24.80% | 16.78% |
Consumer Defense | 5.00% | 0.00% | 25.90% | 72.50% |
Healthcare | 2.98% | 0.00% | 16.53% | 67.14% |
Real Estate | 2.60% | 0.00% | 17.15% | 23.70% |
Utilities | 0.00% | 0.00% | 39.12% | 72.64% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FRIEX % Rank | |
---|---|---|---|---|
Non US | 82.28% | 0.00% | 101.28% | 60.72% |
US | 17.61% | 0.00% | 100.13% | 23.26% |
FRIEX - Expenses
Operational Fees
FRIEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.70% | 0.03% | 29.98% | 29.19% |
Management Fee | 0.90% | 0.00% | 2.00% | 49.79% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.10% | 0.01% | 0.85% | 50.46% |
Sales Fees
FRIEX 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% | 5.00% | N/A |
Trading Fees
FRIEX 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.
FRIEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 13.00% | 0.00% | 189.00% | 9.23% |
FRIEX - Distributions
Dividend Yield Analysis
FRIEX | Category Low | Category High | FRIEX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.58% | 0.00% | 9.74% | 82.03% |
Dividend Distribution Analysis
FRIEX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
FRIEX | Category Low | Category High | FRIEX % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | -1.98% | 17.62% | N/A |
Capital Gain Distribution Analysis
FRIEX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Quarterly | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 21, 2023 | $0.088 | OrdinaryDividend |
Dec 22, 2022 | $0.138 | OrdinaryDividend |
FRIEX - Fund Manager Analysis
Managers
Calvin Zhang
Start Date
Tenure
Tenure Rank
Mar 31, 2017
5.17
5.2%
Calvin Y. Zhang, Senior Analyst/Portfolio Manager, managed the predecessor fund to the Fund, the PNC International Growth Fund, since February 2016, and has continued to manage the Fund as an employee of the Adviser since November 2019. Mr. Zhang is primarily responsible for research and analysis on all Asian securities. He has been with the Adviser or an affiliate since 2019; and has managed investment portfolios since 2005. Education: B.A., South China University of Technology; M.B.A., University of Rochester.
Martin Schulz
Start Date
Tenure
Tenure Rank
Mar 31, 2017
5.17
5.2%
Martin Schulz, Senior Vice President, Head of International Equity Growth Team, Senior Portfolio Manager. Responsible for portfolio management and research in the international and emerging markets equity area. Previous associations: Managing Director, International Equity, PNC Capital Advisors; Portfolio Manager, National City Corporation. B.A., (graduating magna cum laude) Cornell University; M.B.A. and J.D., George Washington University, Master of Strategic Studies, U.S. Army War College.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.09 | 33.71 | 6.64 | 13.42 |