Federated Hermes Equity Income F (LFEIX)
| Fund Assets | 747.40M |
| Expense Ratio | 1.39% |
| Min. Investment | $1,500 |
| Turnover | 74.00% |
| Dividend (ttm) | 3.08 |
| Dividend Yield | 12.48% |
| Dividend Growth | 1,482.00% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 25, 2025 |
| Previous Close | 24.43 |
| YTD Return | 11.85% |
| 1-Year Return | -4.18% |
| 5-Year Return | 49.48% |
| 52-Week Low | 19.73 |
| 52-Week High | 26.56 |
| Beta (5Y) | n/a |
| Holdings | 74 |
| Inception Date | Nov 12, 1993 |
About LFEIX
Federated Hermes Equity Income Fund, Inc. is a mutual fund focused on generating above-average income and long-term capital appreciation by investing predominantly in equity securities. The fund primarily targets value stocks of large U.S. companies known for paying dividends and exhibiting favorable valuations and strong balance sheets. Its investment strategy is underpinned by rigorous bottom-up fundamental research combined with quantitative analysis. The portfolio is diversified across multiple sectors and industries, which helps mitigate sector-specific risks and enhance return potential. With approximately 76 securities and portfolio assets near $734 million as of March 2025, the fund aims to balance income generation and growth, typically aligning its performance with the Russell 1000 Value Index. Key holdings often include major financial institutions, leading conglomerates, and companies from sectors such as energy, industrials, and healthcare. Monthly dividends and exposure to select foreign securities further broaden its appeal for investors seeking consistent income. Federated Hermes Equity Income Fund, Inc. plays a notable role in the large value category, serving clients who prioritize income and diversification within U.S. equity markets.
Performance
LFEIX had a total return of -4.18% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.80%.
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 | $0.0143 | Aug 26, 2025 |
| Jun 24, 2025 | $0.012 | Jun 25, 2025 |
| May 27, 2025 | $0.0224 | May 28, 2025 |
| Apr 24, 2025 | $0.0087 | Apr 25, 2025 |
| Mar 24, 2025 | $0.0132 | Mar 25, 2025 |
| Feb 24, 2025 | $0.0115 | Feb 25, 2025 |