About FHESX
The Federated Hermes SDG Engagement Equity Fund Institutional Shares is an actively managed mutual fund with a global investment mandate focused primarily on small- and mid-cap companies. Its core objective is to achieve long-term capital appreciation while simultaneously generating positive societal impact by aligning investments with the United Nations Sustainable Development Goals (SDGs). The fund targets companies that demonstrate potential for meaningful improvement in areas such as poverty reduction, clean energy, quality education, gender equality, climate action, and other SDG-related themes. Through an engagement-driven approach, the fund’s managers work directly with portfolio companies to encourage stronger sustainability practices, aiming to create value for both shareholders and communities. The portfolio is diversified across sectors including industrials, technology, consumer defensive, healthcare, and financial services, with a notable focus on businesses operating in both developed and emerging markets. The fund’s disciplined process emphasizes both investment metrics and engagement potential, regularly reviewing holdings to assess progress toward positive environmental and social outcomes. This structure positions the fund as a unique option for those seeking exposure to global equities with a distinct responsible investment mandate.
Fund Family Federated
Category World Small/Mid Stock
Performance Rating Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol FHESX
Share Class Institutional Shares
Index MSCI AC World SMID Cap ND
FHESX had a total return of 8.25% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.03%.
