| Assets | $424.40M |
| Expense Ratio | 0.50% |
| PE Ratio | 17.43 |
| Shares Out | 14.79M |
| Dividend (ttm) | $0.85 |
| Dividend Yield | 3.04% |
| Ex-Dividend Date | Jul 31, 2025 |
| Payout Frequency | Monthly |
| Payout Ratio | 52.94% |
| Volume | 55,289 |
| Open | 28.05 |
| Previous Close | 27.86 |
| Day's Range | 27.80 - 28.05 |
| 52-Week Low | 24.39 |
| 52-Week High | 29.20 |
| Beta | 0.63 |
| Holdings | 52 |
| Inception Date | Nov 15, 2022 |
About FDV
Fund Home PageThe Federated Hermes U.S. Strategic Dividend ETF (FDV) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund seeks income and long-term capital appreciation through an actively managed portfolio of high dividend-paying US stocks with the potential for dividend growth. FDV was launched on Nov 15, 2022 and is issued by Federated Hermes.
Top 10 Holdings
31.27% of assets| Name | Symbol | Weight |
|---|---|---|
| AbbVie Inc. | ABBV | 3.86% |
| Amgen Inc. | AMGN | 3.68% |
| The PNC Financial Services Group, Inc. | PNC | 3.33% |
| Johnson & Johnson | JNJ | 3.31% |
| Chevron Corporation | CVX | 3.08% |
| Duke Energy Corporation | DUK | 3.01% |
| Morgan Stanley | MS | 2.99% |
| Evergy, Inc. | EVRG | 2.92% |
| Verizon Communications Inc. | VZ | 2.56% |
| The Bank of New York Mellon Corporation | BK | 2.53% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.0681 | Aug 1, 2025 |
| Jun 30, 2025 | $0.0564 | Jul 1, 2025 |
| May 30, 2025 | $0.0916 | Jun 2, 2025 |
| Apr 30, 2025 | $0.0589 | May 1, 2025 |
| Mar 31, 2025 | $0.0569 | Apr 1, 2025 |
| Feb 28, 2025 | $0.0766 | Mar 3, 2025 |
Performance
FDV had a total return of 10.91% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.36%.
News
FDV: Active Dividend ETF With Performance Restrained By Low Beta
With its 2.9% dividend yield, actively managed FDV offers healthy factor exposures, but its focus on low beta has led to its inability to keep pace with the S&P 500. SCHD remains a superior alternativ...
FDV: Never Forget Low Beta Is A Double-Edged Sword
FDV has an active strategy at the intersection of the dividend, quality, and low volatility factors. It is benchmarked against the S&P 500. Large exposure to utilities and low beta have somewhat prote...
FDV: An Active Approach To Dividend Growers
The Federated Hermes U.S. Strategic Dividend ETF aims to generate income and long-term capital value by investing in high-dividend U.S. stocks with the potential for payout growth. The fund's sector a...
Federated Hermes, Inc. launches four MDT quantitative active ETFs
• New products double the number of Federated Hermes ETFs PITTSBURGH , July 31, 2024 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in investment management, today announced the...
FDV: Avoid This 3.63% Yielding Active Dividend Growth ETF
FDV is an actively-managed dividend fund, emphasizing low-volatile stocks with strong dividend growth potential. Its AUM is $104 million and its expense ratio is 0.50% after waivers. Its 3.63% expecte...
FDV: A Novel Dividend Vehicle Deserves A Closer Look
FDV is a novel actively-managed dividend fund with just three full months on the books. FDV has delivered a strong total return, trouncing IVV since its inception in November 2022.
FDV: Can This New High-Dividend ETF Survive?
On November 16, 2022, Federated Hermes launched a new actively-managed dividend ETF with a net 0.50% expense ratio. FDV selects 40-60 U.S. dividend-paying stocks with yields above the S&P 500. Besides...
Federated Hermes, Inc. launches U.S. Strategic Dividend ETF
New dividend-focused product adds to growing ETF business PITTSBURGH , Nov. 16, 2022 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active, responsible investing, today announc...