About PIUIX
The Federated Hermes International Equity Fund Institutional Shares is a mutual fund that aims to provide capital appreciation by investing primarily in equity securities of companies located outside the United States. The fund employs a distinctive blend of growth and value strategies, allocating assets between the Federated Hermes International Growth Fund and a complementary value component. Its investment universe spans developed, developing, and emerging markets, delivering broad global diversification across sectors such as industrials, technology, communication services, basic materials, and financial services. With a focus on large international companies, the fund is classified in the "Foreign Large Blend" category and is managed by a seasoned portfolio team. The fund’s top holdings represent a significant portion of its assets, contributing to concentrated positions in select firms. The Institutional Shares class is designed for institutional investors, featuring a higher minimum initial investment and an expense ratio that reflects its active management approach. This fund plays a role in providing investors with exposure to international equity markets and diversification beyond domestic stocks.
Fund Family Federated
Category Foreign Large Blend
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol PIUIX
Share Class Institutional Shares
Index MSCI AC World ex USA NR USD
PIUIX had a total return of 32.75% in the past year, including dividends. Since the fund's
inception, the average annual return has been 13.32%.
