- ISIN
- US3139151001
- CUSIP
- 313915100
- Issuer
- Federated
- Inception Date
- Dec 30, 1986
- Category
- Large Cap Value Equities
- Min. Investment
- $1,500
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Value
Share Price Chart
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Performance
LEIFX Performance Chart
Federated Hermes Equity Income Fund (LEIFX) is up 6.9% since the beginning of the year. LEIFX is currently trading at $21 per share. Investors who bought $1,000 worth of LEIFX shares 5 years ago would now be looking at an investment worth $1,323.
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Returns By Period
Federated Hermes Equity Income Fund (LEIFX) has returned 6.90% so far this year and 20.18% over the past 12 months. Over the last ten years, LEIFX has returned 8.08% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Federated Hermes Equity Income Fund
- 1D
- -0.37%
- 1M
- -0.66%
- YTD
- 6.90%
- 6M
- 7.22%
- 1Y
- 20.18%
- 3Y*
- 9.16%
- 5Y*
- 5.76%
- 10Y*
- 8.08%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
LEIFX Monthly Returns History
Based on dividend-adjusted daily data since Nov 19, 1986, LEIFX's average daily return is +0.03%, while the average monthly return is +0.66%. At this rate, an investment would double in approximately 8.8 years.
Historically, 63% of months were positive and 37% were negative. The best month was Nov 2020 with a return of +13.9%, while the worst month was Dec 2024 at -17.5%. The longest winning streak lasted 12 consecutive months, and the longest losing streak was 6 months.
On a daily basis, LEIFX closed higher 51% of trading days. The best single day was Oct 28, 2008 with a return of +9.6%, while the worst single day was Mar 16, 2020 at -12.3%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.66% | 5.28% | -4.60% | 3.45% | -1.82% | 1.09% | 6.90% | ||||||
| 2025 | 6.20% | -2.54% | -2.04% | -3.18% | 3.25% | 4.46% | 3.35% | 2.56% | -0.30% | -0.52% | 2.76% | 0.69% | 15.18% |
| 2024 | 0.10% | 4.77% | 5.36% | -3.83% | 2.55% | -0.46% | 4.58% | 2.34% | 0.47% | -1.97% | 5.48% | -17.46% | -0.45% |
| 2023 | 4.14% | -3.55% | -1.29% | 1.79% | -3.62% | 6.37% | 2.81% | -2.72% | -4.13% | -3.19% | 8.16% | 4.77% | 8.82% |
| 2022 | -0.99% | -1.05% | 2.32% | -4.76% | 1.31% | -8.36% | 5.99% | -3.57% | -8.29% | 10.17% | 4.47% | -3.76% | -7.96% |
| 2021 | -2.32% | 7.49% | 4.89% | 4.11% | 2.38% | -1.49% | -0.46% | 1.44% | -2.01% | 4.49% | -3.29% | 4.76% | 21.12% |
Benchmark Metrics
Federated Hermes Equity Income Fund has an annualized alpha of 0.59%, beta of 0.72, and R2 of 0.73 versus S&P 500 Index. Calculated based on daily prices since November 19, 1986.
- This fund participated in 86.07% of S&P 500 Index downside but only 78.63% of its upside - more exposed to losses than it benefited from rallies.
- Alpha
- 0.59%
- Beta
- 0.72
- R²
- 0.73
- Upside Capture
- 78.63%
- Downside Capture
- 86.07%
Expense Ratio
LEIFX has a high expense ratio of 1.11%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
LEIFX ranks 65 for risk / return — better than 65% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Federated Hermes Equity Income Fund (LEIFX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| LEIFX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.10 | ||
| Sortino ratioReturn per unit of downside risk | +0.36 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.37 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.42 | 2.78 | +0.64 |
| Martin ratioReturn relative to average drawdown | 10.54 | 12.44 | -1.90 |
Dividends
Dividend History
Federated Hermes Equity Income Fund provided a 23.87% dividend yield over the last twelve months, with an annual payout of $5.11 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $5.11 | $5.02 | $0.18 | $0.24 | $1.55 | $3.94 | $0.27 | $0.44 | $3.62 | $1.35 | $0.92 | $0.69 |
Dividend yield | 23.87% | 24.92% | 0.82% | 1.08% | 7.54% | 16.37% | 1.17% | 2.01% | 19.47% | 5.34% | 3.98% | 3.15% |
Monthly Dividends
The table displays the monthly dividend distributions for Federated Hermes Equity Income 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.02 | $0.03 | $0.00 | $0.07 | $0.03 | $0.00 | $0.15 | ||||||
| 2025 | $0.01 | $0.00 | $0.02 | $0.01 | $0.03 | $0.02 | $0.00 | $0.02 | $0.01 | $0.01 | $0.04 | $4.86 | $5.02 |
| 2024 | $0.00 | $0.03 | $0.01 | $0.00 | $0.03 | $0.02 | $0.01 | $0.03 | $0.02 | $0.00 | $0.03 | $0.00 | $0.18 |
| 2023 | $0.00 | $0.03 | $0.02 | $0.01 | $0.03 | $0.02 | $0.00 | $0.04 | $0.01 | $0.00 | $0.05 | $0.02 | $0.24 |
| 2022 | $0.00 | $0.03 | $0.02 | $0.00 | $0.04 | $0.02 | $0.01 | $0.03 | $0.03 | $0.02 | $0.05 | $1.31 | $1.55 |
| 2021 | $0.00 | $0.02 | $0.02 | $0.01 | $0.03 | $0.02 | $0.01 | $0.05 | $0.02 | $0.00 | $0.01 | $3.75 | $3.94 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Federated Hermes Equity Income 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 Equity Income Fund was 49.19%, occurring on Mar 12, 2003. Recovery took 938 trading sessions.
The current Federated Hermes Equity Income Fund drawdown is 2.05%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2003 bear market2003 | -49.19%Mar 2003 | 2y 11mo | 3y 8mo | 6y 8moMar 2000 - Nov 2006 |
Financial crisis2007–2009 | -48.56%Mar 2009 | 1y 7mo | 3y 5d | 4y 8moJul 2007 - Mar 2012 |
COVID crash2020 | -36.86%Mar 2020 | 2mo 2d | 7mo 28d | 10moJan 2020 - Nov 2020 |
1990 bear market1990 | -27.20%Oct 1990 | 1y 7mo | 10mo 1d | 2y 5moMar 1989 - Aug 1991 |
2025 selloff2025 | -25.60%Apr 2025 | 4mo 13d | 10mo 2d | 1y 2moNov 2024 - Feb 2026 |
Drawdown Indicators
| LEIFX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.19% | -56.78% | +7.59% |
Max Drawdown (1Y)Largest decline over 1 year | -6.01% | -9.10% | +3.09% |
Max Drawdown (3Y)Largest decline over 3 years | -25.60% | -18.90% | -6.70% |
Max Drawdown (5Y)Largest decline over 5 years | -25.60% | -25.43% | -0.17% |
Max Drawdown (10Y)Largest decline over 10 years | -36.86% | -33.92% | -2.94% |
Current DrawdownCurrent decline from peak | -2.05% | -1.80% | -0.25% |
Average DrawdownAverage peak-to-trough decline | -10.03% | -10.71% | +0.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.95% | 2.03% | -0.08% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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