Federated Hermes Global Equity Fund (FHGIX)
The fund pursues its investment objective of long-term capital appreciation by investing typically in large-cap equity securities of companies domiciled in, or that derive a large proportion of their revenue from, global developed and emerging markets. It will also invest in component securities of the MSCI All Country World Index or in securities of companies listed in the countries referenced in this index. The fund will generally allocate a substantial amount of its total assets to non-U.S. investments.
Fund Info
US31423A7054
31423A705
Apr 22, 2019
$1,000,000
Large-Cap
Blend
Expense Ratio
FHGIX features an expense ratio of 0.73%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Federated Hermes Global Equity Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
FHGIX
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^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of FHGIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.92% | 5.01% | 3.11% | -3.89% | 5.09% | 3.05% | -0.19% | 2.52% | 1.83% | -2.35% | -10.40% | ||
| 2023 | 8.22% | -3.72% | 2.10% | 1.81% | -1.29% | 4.74% | 2.65% | -3.19% | -4.24% | -2.38% | 9.33% | 5.11% | 19.53% |
| 2022 | -5.70% | -3.58% | 1.17% | -8.49% | 0.71% | -8.98% | 6.61% | -5.07% | -10.35% | 6.81% | 8.50% | -5.47% | -23.31% |
| 2021 | -0.93% | 2.73% | 2.43% | 4.01% | 1.07% | 1.62% | 1.25% | 2.81% | -4.87% | 5.05% | -2.40% | 3.71% | 17.26% |
| 2020 | -1.67% | -7.53% | -11.71% | 10.73% | 4.58% | 3.39% | 6.55% | 5.70% | -2.82% | -2.20% | 11.07% | 5.49% | 20.54% |
| 2019 | 0.40% | -6.87% | 6.74% | 0.30% | -2.00% | 1.53% | 2.71% | 2.25% | 3.80% | 8.57% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FHGIX is 4, meaning it’s performing worse than 96% of other mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Federated Hermes Global Equity Fund (FHGIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Federated Hermes Global Equity Fund provided a 0.92% dividend yield over the last twelve months, with an annual payout of $0.11 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| Dividend | $0.11 | $0.15 | $0.14 | $0.06 | $0.09 | $0.06 |
Dividend yield | 0.92% | 1.14% | 1.23% | 0.41% | 0.67% | 0.53% |
Monthly Dividends
The table displays the monthly dividend distributions for Federated Hermes Global Equity Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.11 | $0.11 | |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.15 | $0.15 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.14 | $0.14 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 | $0.06 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 | $0.09 |
| 2019 | $0.06 | $0.06 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Federated Hermes Global Equity Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Federated Hermes Global Equity Fund was 32.04%, occurring on Mar 23, 2020. Recovery took 89 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -32.04% | Feb 13, 2020 | 27 | Mar 23, 2020 | 89 | Jul 29, 2020 | 116 |
| -30.65% | Nov 10, 2021 | 232 | Oct 12, 2022 | 361 | Mar 21, 2024 | 593 |
| -26.09% | Oct 21, 2024 | 23 | Nov 20, 2024 | — | — | — |
| -9.96% | Jul 17, 2024 | 14 | Aug 5, 2024 | 32 | Sep 19, 2024 | 46 |
| -7.39% | Sep 3, 2020 | 15 | Sep 24, 2020 | 30 | Nov 5, 2020 | 45 |
Volatility
Volatility Chart
The current Federated Hermes Global Equity Fund volatility is 27.31%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.