Federated Hermes International Strategic Value Dividend Fund A (IVFAX)
Federated Hermes International Strategic Value Dividend Fund A operates in the Asset Management industry of the Financial Services sector, headquartered in Warrendale, PA, US. The stock last traded at $4.80, up 0.21% on the session, giving a market capitalisation of $766.1M. Its beta of 0.64 implies it has historically moved less than the broad market.
The Federated Hermes International Strategic Value Dividend Fund A aims to deliver both current income and significant long-term capital growth for its investors. To achieve this, it primarily invests in international equity securities, specifically focusing on companies headquartered outside the United States that offer substantial dividends with promising potential for future increases. The portfolio typically comprises shares of large- and mid-capitalization companies, though it also has the flexibility to include depositary receipts and real estate investment trusts (REITs). A key mandate is that at least 80% of the fund's net assets (plus any borrowed capital for investment purposes) must be allocated to dividend-paying securities.
Federated Hermes International Strategic Value Dividend Fund A is most often compared with the following Financial Services names: