About LEICX
Federated Hermes Equity Income Fund, Inc. Class C Shares is a mutual fund designed to provide investors with above average income and capital appreciation. The fund primarily invests in income-producing equity securities, focusing its portfolio on companies that typically pay dividends. Its investment strategy emphasizes value-oriented stocks, targeting both large- and mid-capitalization companies that are considered to be undervalued by the market but possess strong fundamentals and income-generating potential. The fund's portfolio is diversified across sectors, with notable holdings in financial services, technology, energy, healthcare, and consumer defensive industries. As part of its approach, the fund integrates fundamental analysis, and may also consider ESG (Environmental, Social, and Governance) factors as a complement to traditional research. Federated Hermes Equity Income Fund, Inc. Class C Shares occupies a place in the large value category, serving investors seeking a blend of regular income and the potential for long-term growth through exposure to established dividend-paying equities. This fund charges elevated fees relative to peers, reflecting its level-load share structure.
Fund Family Federated
Category Large Value
Performance Rating Low
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol LEICX
Share Class Class C Shares
Index Russell 1000 Value TR
LEICX had a total return of 10.48% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.52%.
