Federated Hermes Strategic Dividend Growth Fund, Inc - Class F Shares (LFEIX)
| Fund Assets | 740.55M |
| Expense Ratio | 1.38% |
| Min. Investment | $1,500 |
| Turnover | 115.00% |
| Dividend (ttm) | 5.11 |
| Dividend Yield | 22.83% |
| Dividend Growth | 65.47% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 24, 2026 |
| Previous Close | 22.16 |
| YTD Return | 9.31% |
| 1-Year Return | 17.62% |
| 5-Year Return | 30.30% |
| 52-Week Low | 20.17 |
| 52-Week High | 24.98 |
| Beta (5Y) | 1.07 |
| Holdings | 56 |
| 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 17.62% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.99%.
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™ | 0.89% |
Top 10 Holdings
29.68% of assets| Name | Symbol | Weight |
|---|---|---|
| JPMorgan Chase & Co. | JPM | 3.49% |
| Darden Restaurants, Inc. | DRI | 3.27% |
| Deutsche Telekom AG | DTE | 3.12% |
| ConocoPhillips | COP | 3.08% |
| Paychex, Inc. | PAYX | 3.04% |
| Bank of America Corporation | BAC | 2.91% |
| Entergy Corporation | ETR | 2.87% |
| Amgen Inc. | AMGN | 2.67% |
| Abbott Laboratories | ABT | 2.63% |
| Koninklijke KPN N.V. | KPN | 2.61% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 24, 2026 | $0.0294 | Jun 25, 2026 |
| May 26, 2026 | $0.0239 | May 27, 2026 |
| Apr 24, 2026 | $0.0684 | Apr 27, 2026 |
| Mar 24, 2026 | $0.036 | Mar 25, 2026 |
| Feb 24, 2026 | $0.0289 | Feb 25, 2026 |
| Jan 26, 2026 | $0.0128 | Jan 27, 2026 |