Federated Hermes Emerging Markets Equity Fund Class IS (PIEFX)
Federated Hermes Emerging Markets Equity Fund Class IS operates in the Asset Management industry of the Financial Services sector, headquartered in Baltimore, MD, US. The stock last traded at $26.11, down 0.31% on the session, giving a market capitalisation of $78.5M. Its beta of 1.16 implies it has historically moved more than the broad market.
This fund's primary objective is to achieve significant long-term capital appreciation. It maintains the flexibility to concentrate a considerable portion of its portfolio in companies based in, or deriving revenue from, a particular nation or geographical area. Investments are not restricted by company size, encompassing businesses across the entire spectrum of market capitalizations, and the fund may even heavily favor companies within a single market cap segment. A strict policy ensures that a minimum of 80% of its net assets, augmented by any funds borrowed for investment, are committed to equity holdings in developing economies.
Federated Hermes Emerging Markets Equity Fund Class IS is most often compared with the following Financial Services names: