Federated Hermes Equity Income Fund (LEIFX)
| Fund Assets | 747.40M |
| Expense Ratio | 1.12% |
| Min. Investment | $1,500 |
| Turnover | 74.00% |
| Dividend (ttm) | 3.14 |
| Dividend Yield | 12.15% |
| Dividend Growth | 1,155.31% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 25, 2025 |
| Previous Close | 24.45 |
| YTD Return | 12.00% |
| 1-Year Return | -2.86% |
| 5-Year Return | 50.85% |
| 52-Week Low | 19.73 |
| 52-Week High | 26.55 |
| Beta (5Y) | n/a |
| Holdings | 74 |
| 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 -2.86% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.04%.
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 | 0.88% |
Top 10 Holdings
26.83% of assets| Name | Symbol | Weight |
|---|---|---|
| JPMorgan Chase & Co. | JPM | 3.47% |
| Bank of America Corporation | BAC | 3.23% |
| Wells Fargo & Company | WFC | 2.64% |
| RTX Corporation | RTX | 2.61% |
| Berkshire Hathaway Inc. | BRK.B | 2.59% |
| Capital One Financial Corporation | COF | 2.55% |
| Willis Towers Watson Public Limited Company | WTW | 2.52% |
| Amazon.com, Inc. | AMZN | 2.49% |
| Exxon Mobil Corporation | XOM | 2.38% |
| Medtronic plc | MDT | 2.36% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 25, 2025 | $0.0196 | Aug 26, 2025 |
| Jul 24, 2025 | $0.0044 | Jul 25, 2025 |
| 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 |