Federated Hermes Equity Income R (FDERX)
| Fund Assets | 747.40M |
| Expense Ratio | 1.36% |
| Min. Investment | $1,500 |
| Turnover | 74.00% |
| Dividend (ttm) | 3.09 |
| Dividend Yield | 12.66% |
| Dividend Growth | 1,557.66% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 25, 2025 |
| Previous Close | 24.51 |
| YTD Return | 11.27% |
| 1-Year Return | -4.63% |
| 5-Year Return | 47.07% |
| 52-Week Low | 19.80 |
| 52-Week High | 26.63 |
| Beta (5Y) | n/a |
| Holdings | 74 |
| Inception Date | Jan 25, 2013 |
About FDERX
The Federated Hermes Equity Income Fund is a mutual fund that seeks to deliver above-average income and capital appreciation to its investors. Its primary strategy involves investing in a diversified portfolio of income-producing equity securities, with a particular focus on large-cap companies that the fund's managers consider undervalued and likely to provide consistent dividend payments. This approach positions the fund to serve investors who prioritize regular income while still desiring potential growth through long-term capital appreciation. The fund's holdings span a variety of sectors, predominantly targeting industries and companies with a track record of dividend payments. It may also allocate assets to affiliated portfolios, enhancing diversification beyond what individual securities typically offer. The Federated Hermes Equity Income Fund plays a notable role in the market by catering to those seeking a balance between income generation and equity exposure, making it particularly relevant for conservative or income-focused investors. As with most equity investments, its value can fluctuate due to market conditions, and its income level may vary based on underlying company performance and broader economic trends.
Performance
FDERX had a total return of -4.63% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.26%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| SWDSX | Schwab | Schwab Dividend Equity | 0.88% |
Top 10 Holdings
26.83% of assets| Name | Symbol | Weight |
|---|---|---|
| JPMorgan Chase & Co. | JPM | 3.47% |
| Bank of America Corporation | BAC | 3.23% |
| Wells Fargo & Company | WFC | 2.64% |
| RTX Corporation | RTX | 2.61% |
| Berkshire Hathaway Inc. | BRK.B | 2.59% |
| Capital One Financial Corporation | COF | 2.55% |
| Willis Towers Watson Public Limited Company | WTW | 2.52% |
| Amazon.com, Inc. | AMZN | 2.49% |
| Exxon Mobil Corporation | XOM | 2.38% |
| Medtronic plc | MDT | 2.36% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 25, 2025 | $0.0152 | Aug 26, 2025 |
| Jul 24, 2025 | $0.0002 | Jul 25, 2025 |
| Jun 24, 2025 | $0.0132 | Jun 25, 2025 |
| May 27, 2025 | $0.0221 | May 28, 2025 |
| Apr 24, 2025 | $0.0094 | Apr 25, 2025 |
| Mar 24, 2025 | $0.0137 | Mar 25, 2025 |