Federated Hermes Emerging Markets Equity Fund Class Institutional (PIEFX)
| Fund Assets | 75.07M |
| Expense Ratio | 0.99% |
| Min. Investment | $1,000,000 |
| Turnover | 23.00% |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 1.30% |
| Dividend Growth | 102.76% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 22, 2025 |
| Previous Close | 26.53 |
| YTD Return | 30.39% |
| 1-Year Return | 49.53% |
| 5-Year Return | 32.95% |
| 52-Week Low | 17.82 |
| 52-Week High | 28.80 |
| Beta (5Y) | 0.89 |
| Holdings | 51 |
| Inception Date | Mar 31, 2017 |
About PIEFX
The Federated Hermes Emerging Markets Equity Fund Class Institutional is an actively managed mutual fund focused on achieving long-term capital appreciation by investing primarily in equity securities linked to emerging-market countries. Launched in 2017, this fund typically allocates at least 80% of its net assets to equities from companies operating within or deriving significant revenues from emerging markets, spanning a range of market capitalizations. It maintains a diversified portfolio, often holding more than 50 different securities, with major exposures in leading sectors and companies from Asia and Latin America, such as semiconductor manufacturers and technology firms. This fund provides institutional investors with access to the growth potential of emerging economies while managing risk through broad country and sector diversification. Its notable features include a relatively high minimum investment and a competitive expense ratio for its share class, positioning it as a specialized vehicle for capturing the dynamic opportunities and unique risks present in emerging equity markets.
Performance
PIEFX had a total return of 49.53% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.93%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| FRIEX | Class R6 Shares | 0.93% |
Top 10 Holdings
57.04% of assets| Name | Symbol | Weight |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited | 2330 | 13.46% |
| Federated Government Obligations Fund | GOFXX | 10.00% |
| SK hynix Inc. | 000660 | 5.66% |
| Tencent Holdings Limited | 0700 | 5.08% |
| Samsung Electronics Co., Ltd. | 005930 | 4.91% |
| Alibaba Group Holding Limited | 9988 | 4.41% |
| Zijin Mining Group Company Limited | 2899 | 3.83% |
| MercadoLibre, Inc. | MELI | 3.33% |
| ASPEED Technology Inc. | 5274 | 3.31% |
| Nu Holdings Ltd. | NU | 3.06% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 22, 2025 | $0.3451 | Dec 23, 2025 |
| Dec 23, 2024 | $0.1702 | Dec 24, 2024 |
| Dec 21, 2023 | $0.0856 | Dec 22, 2023 |
| Dec 22, 2022 | $0.1301 | Dec 23, 2022 |
| Dec 20, 2018 | $0.20911 | Dec 21, 2018 |
| Dec 21, 2017 | $0.06051 | Dec 22, 2017 |