About SVAAX
Federated Hermes Strategic Value Dividend Fund Class A is a mutual fund that seeks income and long-term capital appreciation by investing primarily in high dividend-paying common stocks of companies exhibiting dividend growth potential. Managed by Federated Hermes, it ranks stocks based on dividend yield, dividend growth rates, strong financial conditions, and performance during market downturns, aiming for competitive upside in strong markets and reduced downside risk in weaker ones. Classified in the Large Value category, the fund typically holds around 45 securities, including a portion of foreign stocks at approximately 25%, with allocations across sectors such as financials, energy, utilities, materials, industrials, and information technology. It pays dividends monthly and employs fundamental research to construct a portfolio focused on large- and mid-cap companies, balancing current income generation with capital growth opportunities in the equity market. This Class A share structure caters to investors through a front-end load option, supporting its role in diversified portfolios emphasizing income-oriented equity strategies.
Fund Family Federated
Category Large Value
Performance Rating Below Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol SVAAX
Share Class Class A Shares
Index S&P 500 TR
SVAAX had a total return of 15.16% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.48%.
