About SVAIX
Federated Hermes Strategic Value Dividend Fund Institutional Shares is a mutual fund designed to provide both income and long-term capital appreciation. The fund primarily invests in high dividend-paying common stocks of companies that also show potential for dividend growth. Its portfolio is diversified across a variety of sectors, with significant allocations to industries such as consumer defensive, utilities, communication services, basic materials, energy, healthcare, and financial services. Notable holdings often include large, established companies with a consistent history of paying dividends, such as Philip Morris International, Duke Energy, and Verizon Communications. The fund’s strategy aims to achieve a dividend yield higher than that of the broad equity market, offering the prospect of competitive upside in robust markets while seeking to limit downside risk during market declines. With a focus on large value stocks, the fund pays dividends monthly and typically maintains a concentrated portfolio of around 45 holdings, including a portion invested in foreign securities. The fund is actively managed by a team of experienced professionals and is categorized by Morningstar as a large value fund.
Fund Family Federated
Category Large Value
Performance Rating Below Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol SVAIX
Share Class Institutional Shares
Index S&P 500 TR
SVAIX had a total return of 16.47% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.98%.
