Federated Hermes International Equity Fund Class A (PMIEX)
| Fund Assets | 215.35M |
| Expense Ratio | 1.19% |
| Min. Investment | $1,500 |
| Turnover | 11.00% |
| Dividend (ttm) | 18.02 |
| Dividend Yield | 100.00% |
| Dividend Growth | 475.73% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 22, 2025 |
| Previous Close | 10.03 |
| YTD Return | 8.70% |
| 1-Year Return | 16.83% |
| 5-Year Return | 12.19% |
| 52-Week Low | 7.53 |
| 52-Week High | 10.13 |
| Beta (5Y) | n/a |
| Holdings | 76 |
| Inception Date | Aug 1, 1997 |
About PMIEX
The Federated Hermes International Equity Fund Class A is an open-end mutual fund focused on providing long-term capital appreciation by investing primarily in equity securities from companies outside the United States. The fund employs a blended approach, allocating assets between growth and value strategies, and aims for broad diversification across developed, developing, and emerging markets. Its portfolio typically spans multiple countries, investing in common stocks, American Depositary Receipts, and other U.S. listings of foreign securities. The fund benchmarks its performance against the MSCI ACWI ex USA Index, offering exposure to a wide range of sectors and geographies. Managed by Federated Hermes with co-management support from Polaris Capital Management, the fund combines quantitative models with fundamental analysis in its investment process. Its structure and international diversification position it as a vehicle for investors seeking access to global equity markets outside the U.S.
Performance
PMIEX had a total return of 16.83% in the past year, including dividends. Since the fund's inception, the average annual return has been 32.84%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FTAEX | Fidelity | Fidelity Advisor Total International Equity Fund - Class A | 1.20% |
| FTEIX | Fidelity | Fidelity Advisor Total International Equity Fund - Class I | 0.95% |
| FTCEX | Fidelity | Fidelity Advisor Total International Equity Fund - Class C | 1.95% |
| FTIEX | Fidelity | Fidelity Total International Equity Fund | 0.91% |
| FIEZX | Fidelity | Fidelity Advisor Total International Equity Fund - Class Z | 0.80% |
Top 10 Holdings
60.65% of assets| Name | Symbol | Weight |
|---|---|---|
| Federated Hermes International Growth Fund Class Institutional | PIGDX | 49.78% |
| HSBC Holdings plc | HSBA | 1.64% |
| Shell plc | SHEL | 1.57% |
| Banco Santander, S.A. | SAN | 1.37% |
| Mitsubishi UFJ Financial Group, Inc. | 8306 | 1.21% |
| SSE plc | SSE | 1.07% |
| Allianz SE | ALV | 1.06% |
| Banco Bilbao Vizcaya Argentaria, S.A. | BBVA | 0.99% |
| Sanofi | SAN | 0.98% |
| Roche Holding AG | ROG | 0.98% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 22, 2025 | $18.01667 | Dec 23, 2025 |
| Dec 23, 2024 | $3.12938 | Dec 24, 2024 |
| Dec 21, 2023 | $0.294 | Dec 22, 2023 |
| Dec 22, 2022 | $1.34064 | Dec 23, 2022 |
| Dec 28, 2021 | $3.62736 | Dec 29, 2021 |
| Dec 28, 2020 | $0.2749 | Dec 29, 2020 |