Federated Hermes International Strategic Value Dividend Fund Class C Shares is a mutual fund that focuses on delivering income and long-term capital appreciation by investing primarily in equity securities of companies domiciled outside the United States. The fund targets large-cap and mid-cap stocks in developed international markets, selecting companies known for their consistent dividend payments and potential for dividend growth. Its typical portfolio composition leans toward firms with relatively low valuations and steady cash flows, aligning with a value-oriented strategy in the foreign large-value category. The fund may also use derivative instruments, adding an additional layer of risk management and portfolio flexibility. By emphasizing international diversification, the fund aims to provide investors with exposure to non-U.S. sectors and industries, addressing market opportunities across Europe, Asia, and other major economies outside the U.S. This approach can help balance risk by reducing reliance on any single market or region and offers a potential hedge against domestic market fluctuations.