Federated Hermes International Growth Fund
Name
As of 04/25/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
4.2%
1 yr return
7.9%
3 Yr Avg Return
-7.2%
5 Yr Avg Return
5.7%
Net Assets
$710 M
Holdings in Top 10
26.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.91%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 89.00%
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 04/25/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
PIGDX - Profile
Distributions
- YTD Total Return 4.2%
- 3 Yr Annualized Total Return -7.2%
- 5 Yr Annualized Total Return 5.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.51%
- Dividend Yield 1.2%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameFederated Hermes International Growth Fund
-
Fund Family NamePNC Funds
-
Inception DateFeb 29, 2016
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMartin Schulz
Fund Description
PIGDX - Performance
Return Ranking - Trailing
Period | PIGDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.2% | -7.1% | 18.2% | 39.29% |
1 Yr | 7.9% | -4.7% | 28.5% | 68.51% |
3 Yr | -7.2%* | -20.5% | 8.6% | 84.33% |
5 Yr | 5.7%* | -3.6% | 12.4% | 42.47% |
10 Yr | N/A* | -1.0% | 9.3% | N/A |
* Annualized
Return Ranking - Calendar
Period | PIGDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 7.5% | -0.4% | 28.6% | 90.43% |
2022 | -30.8% | -49.5% | -13.3% | 71.21% |
2021 | 2.7% | -22.2% | 19.3% | 42.04% |
2020 | 36.9% | -4.9% | 85.0% | 9.86% |
2019 | 21.3% | -4.0% | 45.1% | 86.40% |
Total Return Ranking - Trailing
Period | PIGDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.2% | -7.1% | 18.2% | 39.29% |
1 Yr | 7.9% | -4.7% | 28.5% | 68.51% |
3 Yr | -7.2%* | -20.5% | 8.6% | 84.33% |
5 Yr | 5.7%* | -3.6% | 12.4% | 42.47% |
10 Yr | N/A* | -1.0% | 9.3% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | PIGDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 8.8% | 1.8% | 28.6% | 95.21% |
2022 | -29.4% | -44.4% | -11.0% | 78.79% |
2021 | 6.8% | -20.6% | 20.5% | 61.88% |
2020 | 43.2% | -4.9% | 97.1% | 9.86% |
2019 | 27.0% | 0.5% | 45.3% | 70.39% |
NAV & Total Return History
PIGDX - Holdings
Concentration Analysis
PIGDX | Category Low | Category High | PIGDX % Rank | |
---|---|---|---|---|
Net Assets | 710 M | 191 K | 137 B | 60.85% |
Number of Holdings | 80 | 4 | 1730 | 42.89% |
Net Assets in Top 10 | 188 M | 67.7 K | 34.8 B | 63.34% |
Weighting of Top 10 | 25.98% | 11.2% | 100.2% | 87.53% |
Top 10 Holdings
- Novo Nordisk A/S 3.75%
- ASML Holding NV 3.35%
- MercadoLibre Inc 2.77%
- NU Holdings Ltd/Cayman Islands 2.53%
- Tencent Holdings Ltd 2.48%
- AstraZeneca PLC 2.47%
- Daiichi Sankyo Co Ltd 2.34%
- CyberArk Software Ltd 2.10%
- Federated Government Obligations Fund 2.09%
- SAP SE 2.09%
Asset Allocation
Weighting | Return Low | Return High | PIGDX % Rank | |
---|---|---|---|---|
Stocks | 101.91% | 85.39% | 101.65% | 50.62% |
Preferred Stocks | 0.00% | 0.00% | 4.57% | 89.28% |
Other | 0.00% | -1.92% | 4.14% | 89.53% |
Convertible Bonds | 0.00% | 0.00% | 2.45% | 85.75% |
Cash | 0.00% | 0.00% | 10.35% | 44.89% |
Bonds | 0.00% | 0.00% | 0.07% | 85.79% |
Stock Sector Breakdown
Weighting | Return Low | Return High | PIGDX % Rank | |
---|---|---|---|---|
Technology | 23.92% | 1.51% | 38.21% | 12.00% |
Healthcare | 16.08% | 1.36% | 29.58% | 38.25% |
Consumer Cyclical | 13.15% | 0.00% | 46.28% | 32.00% |
Industrials | 11.23% | 0.68% | 31.28% | 80.25% |
Consumer Defense | 7.30% | 0.00% | 25.77% | 56.50% |
Energy | 7.09% | 0.00% | 24.97% | 12.50% |
Financial Services | 7.06% | 0.00% | 38.62% | 88.75% |
Basic Materials | 7.04% | 0.00% | 23.15% | 46.25% |
Communication Services | 4.18% | 0.00% | 41.13% | 49.25% |
Real Estate | 1.63% | 0.00% | 6.64% | 13.75% |
Utilities | 1.32% | 0.00% | 9.05% | 30.75% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | PIGDX % Rank | |
---|---|---|---|---|
Non US | 63.57% | 0.00% | 101.44% | 87.03% |
US | 38.34% | 0.00% | 100.16% | 10.22% |
PIGDX - Expenses
Operational Fees
PIGDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.91% | 0.01% | 13.07% | 64.66% |
Management Fee | 0.75% | 0.00% | 1.50% | 59.10% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.10% | 0.03% | 0.80% | 64.10% |
Sales Fees
PIGDX 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
PIGDX 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.
PIGDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 89.00% | 7.00% | 149.00% | 90.96% |
PIGDX - Distributions
Dividend Yield Analysis
PIGDX | Category Low | Category High | PIGDX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.19% | 0.00% | 12.84% | 38.75% |
Dividend Distribution Analysis
PIGDX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | Annual | Annual |
Net Income Ratio Analysis
PIGDX | Category Low | Category High | PIGDX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.51% | -1.69% | 3.16% | 37.78% |
Capital Gain Distribution Analysis
PIGDX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 21, 2023 | $0.168 | OrdinaryDividend |
Dec 22, 2022 | $0.256 | OrdinaryDividend |
Dec 21, 2018 | $0.061 | OrdinaryDividend |
Dec 22, 2017 | $0.070 | OrdinaryDividend |
PIGDX - Fund Manager Analysis
Managers
Martin Schulz
Start Date
Tenure
Tenure Rank
Feb 29, 2016
6.25
6.3%
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.
Calvin Zhang
Start Date
Tenure
Tenure Rank
Feb 29, 2016
6.25
6.3%
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.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 26.94 | 7.66 | 20.01 |