Federated Hermes Strategic Value Dividend Fund Class A Shares (SVAAX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
6.17
-0.07 (-1.12%)
Jul 31, 2025, 9:30 AM EDT
-1.12%
Fund Assets8.32B
Expense Ratio1.06%
Min. Investment$1,500
Turnover35.00%
Dividend (ttm)0.32
Dividend Yield4.83%
Dividend Growth44.26%
Payout FrequencyMonthly
Ex-Dividend Daten/a
Previous Close6.24
YTD Return8.07%
1-Year Return10.21%
5-Year Return70.88%
52-Week Low5.50
52-Week High6.36
Beta (5Y)n/a
Holdings48
Inception DateMar 30, 2005

About SVAAX

Federated Hermes Strategic Value Dividend Fund Class A is an actively managed mutual fund focused on delivering both income and long-term capital appreciation. Its primary objective is to generate a **higher dividend yield than the broad equity market** by investing mainly in **high-dividend-paying stocks** of companies with the potential for dividend growth. The fund is categorized in the large value segment, targeting sizable, established companies across sectors such as consumer defensive, utilities, communication services, basic materials, energy, healthcare, and financial services. The fund typically maintains a **concentrated portfolio of about 35 to 45 stocks**, ensuring a balanced exposure across income-producing sectors, often with a position size ranging from 1% to 5%. It also includes a portion of foreign securities, contributing to global diversification. Managed by a seasoned investment team, the fund aims to provide **monthly dividend distributions**, appealing to investors seeking a steady income stream. By emphasizing companies with consistent and growing dividends, it strives to offer competitive performance in robust markets and to reduce downside risk in challenging environments. This approach positions the fund as a notable option within the income-focused, large-cap value category.

Fund Family Federated
Category Large Value
Stock Exchange NASDAQ
Ticker Symbol SVAAX
Share Class Class A Shares
Index S&P 500 TR

Performance

SVAAX had a total return of 10.21% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.96%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
SVALXClass R6 Shares0.79%
SVAIXInstitutional Shares0.81%
SVACXClass C Shares1.87%

Top 10 Holdings

32.84% of assets
NameSymbolWeight
Banco Santander, S.A.SAN3.95%
Enbridge Inc.ENB3.49%
NovaGold Resources Inc.NG3.44%
TotalEnergies SETTE3.40%
Amgen Inc.AMGN3.25%
Exxon Mobil CorporationXOM3.23%
Verizon Communications Inc.VZ3.15%
Johnson & JohnsonJNJ3.02%
Truist Financial CorporationTFC2.96%
U.S. BancorpUSB2.95%

Dividend History

Ex-DividendAmountPay Date
Jul 30, 2025$0.0072Jul 31, 2025
Jun 27, 2025$0.0177Jun 30, 2025
May 29, 2025$0.0397May 30, 2025
Apr 29, 2025$0.0053Apr 30, 2025
Mar 28, 2025$0.0168Mar 31, 2025
Feb 27, 2025$0.0164Feb 28, 2025