Federated Hermes Strategic Dividend Growth Fund, Inc - Class R Shares (FDERX)
| Fund Assets | 762.20M |
| Expense Ratio | 1.36% |
| Min. Investment | $1,000,000 |
| Turnover | 115.00% |
| Dividend (ttm) | 5.10 |
| Dividend Yield | 23.91% |
| Dividend Growth | 64.59% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Apr 24, 2026 |
| Previous Close | 21.35 |
| YTD Return | 5.94% |
| 1-Year Return | 19.09% |
| 5-Year Return | 24.62% |
| 52-Week Low | 20.25 |
| 52-Week High | 25.06 |
| Beta (5Y) | n/a |
| Holdings | 56 |
| 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 19.09% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.58%.
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 Fund™ | 0.89% |
Top 10 Holdings
29.68% of assets| Name | Symbol | Weight |
|---|---|---|
| JPMorgan Chase & Co. | JPM | 3.49% |
| Darden Restaurants, Inc. | DRI | 3.27% |
| Deutsche Telekom AG | DTE | 3.12% |
| ConocoPhillips | COP | 3.08% |
| Paychex, Inc. | PAYX | 3.04% |
| Bank of America Corporation | BAC | 2.91% |
| Entergy Corporation | ETR | 2.87% |
| Amgen Inc. | AMGN | 2.67% |
| Abbott Laboratories | ABT | 2.63% |
| Koninklijke KPN N.V. | KPN | 2.61% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 24, 2026 | $0.069 | Apr 27, 2026 |
| Mar 24, 2026 | $0.037 | Mar 25, 2026 |
| Feb 24, 2026 | $0.0302 | Feb 25, 2026 |
| Jan 26, 2026 | $0.0142 | Jan 27, 2026 |
| Dec 24, 2025 | $4.85491 | Dec 26, 2025 |
| Nov 24, 2025 | $0.0338 | Nov 25, 2025 |