About PEIRX
Federated Hermes International Equity Fund Class R6 is an actively managed mutual fund focused on international equities. Its primary objective is to seek capital appreciation by investing in a diversified portfolio of equity securities from companies headquartered outside the United States, spanning developed, developing, and emerging markets. The fund deploys a blended approach by allocating assets across both growth and value strategies, leveraging the expertise of experienced portfolio managers and quantitative models to identify opportunities globally.
The fund's holdings are generally aligned with benchmarks like the MSCI EAFE Index, providing exposure to major global markets and sectors. Investors in this fund gain access to a wide array of international companies, allowing for geographic and sector diversification within their portfolios. It is designed for those seeking to participate in the potential growth of economies outside the U.S., while also being mindful of the unique risks associated with foreign investments, such as currency fluctuations, political instability, and differing regulatory standards. As a Class R6 share class, it typically caters to retirement plans and institutional investors, offering a competitively low expense ratio and no minimum investment requirement.
Fund Family Federated
Category Foreign Large Blend
Performance Rating Low
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol PEIRX
Share Class Class R6 Shares
Index MSCI AC World ex USA NR USD
PEIRX had a total return of 24.68% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.75%.
