Federated Hermes Equity Income Fund, Inc. Class A Shares (LEIFX)
Fund Assets | 709.94M |
Expense Ratio | 1.12% |
Min. Investment | $1,500 |
Turnover | 74.00% |
Dividend (ttm) | 3.15 |
Dividend Yield | 12.70% |
Dividend Growth | 1,113.67% |
Payout Frequency | Monthly |
Ex-Dividend Date | Jun 24, 2025 |
Previous Close | 23.28 |
YTD Return | 7.44% |
1-Year Return | -1.35% |
5-Year Return | 58.09% |
52-Week Low | 19.73 |
52-Week High | 26.55 |
Beta (5Y) | n/a |
Holdings | 76 |
Inception Date | Dec 30, 1986 |
About LEIFX
Federated Hermes Equity Income Fund, Inc. Class A Shares is a mutual fund focused on generating above-average income and capital appreciation through equity investments. The fund primarily invests in value stocks of established, dividend-paying companies with strong balance sheets and attractive valuations. It employs a diversified approach across market sectors and individual securities, aiming to reduce risk while seeking returns. The management team utilizes rigorous bottom-up fundamental analysis, complemented by quantitative methods, to identify investment opportunities. ESG factors may be considered as part of the investment process, adding a dimension of risk and opportunity assessment. The fund typically holds a broad array of U.S. large-cap stocks and may invest in affiliated Federated Hermes portfolios for additional diversification not available to the general public. With assets exceeding $700 million, it maintains exposure to multiple economic sectors, including financials, energy, industrials, and technology. Regular monthly dividends underscore its income-oriented strategy, distinguishing it among large value funds in the market.
Performance
LEIFX had a total return of -1.35% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.95%.
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™ | 0.88% |
Top 10 Holdings
27.87% of assetsName | Symbol | Weight |
---|---|---|
Berkshire Hathaway Inc. | BRK.B | 3.45% |
Federated Govt Oblg Pr Shares | n/a | 3.23% |
Bank of America Corporation | BAC | 3.09% |
The Coca-Cola Company | KO | 2.75% |
Willis Towers Watson Public Limited Company | WTW | 2.70% |
Exxon Mobil Corporation | XOM | 2.68% |
RTX Corporation | RTX | 2.64% |
Medtronic plc | MDT | 2.49% |
Wells Fargo & Company | WFC | 2.42% |
PPL Corporation | PPL | 2.42% |
Dividend History
Ex-Dividend | Amount | Pay Date |
---|---|---|
Jun 24, 2025 | $0.0171 | Jun 25, 2025 |
May 27, 2025 | $0.0276 | May 28, 2025 |
Apr 24, 2025 | $0.0135 | Apr 25, 2025 |
Mar 24, 2025 | $0.0182 | Mar 25, 2025 |
Feb 24, 2025 | $0.016 | Feb 25, 2025 |
Jan 24, 2025 | $0.0069 | Jan 27, 2025 |