Federated Hermes International Strategic Value Dividend Fund Institutional Shares (IVFIX)

Fund Assets	808.71M
Expense Ratio	0.86%
Min. Investment	$1,000,000
Turnover	32.00%
Dividend (ttm)	0.18
Dividend Yield	3.70%
Dividend Growth	10.88%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 22, 2026

Previous Close	4.820
YTD Return	7.57%
1-Year Return	14.08%
5-Year Return	55.99%
52-Week Low	4.340
52-Week High	5.170
Beta (5Y)	0.48
Holdings	45
Inception Date	Jun 4, 2008

About IVFIX

Federated Hermes International Strategic Value Dividend Fund Institutional Shares is a mutual fund focused on generating income and capital appreciation by investing primarily in dividend-paying equities of companies outside the United States. With an investment strategy anchored in fundamental analysis and a bottom-up stock selection process, the fund targets international firms recognized for their stable or growing dividend distributions. It typically maintains less than 20% exposure to U.S. stocks and emphasizes value opportunities across developed global markets, particularly in sectors such as healthcare, energy, utilities, communication services, and financial services. Aimed at institutional investors, the fund provides access to a diversified portfolio with a tilt toward mature companies offering resilient cash flows and attractive yields. Designed to offer a steady income stream, the fund serves as a source of foreign large value exposure and seeks to balance risk and reward by investing in well-established international enterprises while navigating the unique risks of currency fluctuations and varying market standards abroad.

• Fund Family: Federated
• Category: Foreign Large Value
• Performance Rating: Below Average
• Risk Rating: Below Average
• Stock Exchange: NASDAQ
• Ticker Symbol: IVFIX
• Share Class: Institutional Shares
• Index: MSCI World ex USA NR USD

Performance

IVFIX had a total return of 14.08% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.64%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
IVFLX	Class R6 Shares	0.85%
IVFAX	Class A Shares	1.11%
IVFCX	Class C Shares	1.95%

Top 10 Holdings

35.15% of assets

Name	Symbol	Weight
TotalEnergies SE	TTE	4.39%
Zurich Insurance Group AG	ZURN	3.84%
British American Tobacco p.l.c.	BATS	3.81%
Allianz SE	ALV	3.80%
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München	MUV2	3.41%
Sanofi	SAN	3.40%
Enel SpA	ENEL	3.34%
TC Energy Corporation	TRP	3.27%
Unilever PLC	ULVR	3.01%
GSK plc	GSK	2.88%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 22, 2026	$0.0089	Sep 23, 2026
Aug 24, 2026	$0.0107	Aug 25, 2026
Jul 22, 2026	$0.0112	Jul 23, 2026
Jun 22, 2026	$0.0074	Jun 23, 2026
May 22, 2026	$0.037	May 26, 2026
Apr 22, 2026	$0.0311	Apr 23, 2026

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Sep 25, 2026

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