Morningstar

Federated Hermes International Strategic Value Dividend Fund Institutional Shares IVFIX

Morningstar Medalist Rating
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Medalist Rating as of See Federated Hermes Investment Hub
  • NAV / 1-Day Return $4.94  /  −0.20 %
  • Fund Size $794.3M
  • Adjusted Expense Ratio 0.860%
  • Net Expense Ratio 0.860%
  • Fee Level: Distribution Above Average
  • Share Class Type Institutional
  • Morningstar Category Foreign Large Value
  • Equity Style Box (Funds) Large Value
  • Minimum Initial Investment $1M
  • Investment Status Open
  • TTM Yield 3.75%
  • Turnover Ratio 32%
NAV and 1-Day Return as of

Morningstar’s Analysis IVFIX

Will IVFIX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable IVFIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the IVFIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of IVFIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A satisfactory income-oriented foreign vehicle rather than a superior one.

Senior Analyst William Samuel Rocco

William Samuel Rocco

Senior Analyst

Summary

Federated Hermes International Strategic Value Dividend’s team remains solid after some modifications in recent years, but its approach has both limitations and strengths. The strategy retains its Above Average People and Average Process ratings.

by William Samuel Rocco
Rated on Published on

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Portfolio Holdings IVFIX

More IVFIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 35.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

TotalEnergies SE

4.39 35M
Energy

Zurich Insurance Group AG

3.84 30M
Financial Services

British American Tobacco PLC

3.81 30M
Consumer Defensive

Allianz SE

3.80 30M
Financial Services

Munchener Ruckversicherungs-Gesellschaft AG

3.41 27M
Financial Services

Sanofi SA

3.40 27M
Healthcare

Enel SpA

3.34 27M
Utilities

TC Energy Corp

3.27 26M
Energy

Unilever PLC

3.01 24M
Consumer Defensive

GSK PLC

2.88 23M
Healthcare

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