- ISIN
- US31423A6890
- CUSIP
- 31423A689
- Issuer
- Federated
- Inception Date
- Aug 1, 1997
- Category
- Foreign Large Cap Equities
- Min. Investment
- $1,000,000
- Distribution Policy
- Distributing
- Asset Class
- Equity
Share Price Chart
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Performance
PIUIX Performance Chart
Federated Hermes International Equity Fd (PIUIX) is up 13.7% since the beginning of the year. PIUIX is currently trading at $10 per share. Investors who bought $1,000 worth of PIUIX shares 5 years ago would now be looking at an investment worth $1,335.
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Returns By Period
Federated Hermes International Equity Fd (PIUIX) has returned 13.67% so far this year and 29.16% over the past 12 months. Over the last ten years, PIUIX has returned 9.73% per year, falling short of the S&P 500 Index benchmark, which averaged 13.66% annually.
Federated Hermes International Equity Fd
- 1D
- 0.69%
- 1M
- 5.14%
- YTD
- 13.67%
- 6M
- 18.21%
- 1Y
- 29.16%
- 3Y*
- 17.39%
- 5Y*
- 5.95%
- 10Y*
- 9.73%
Benchmark (S&P 500 Index)
- 1D
- -0.74%
- 1M
- 4.90%
- YTD
- 10.35%
- 6M
- 10.28%
- 1Y
- 26.52%
- 3Y*
- 20.83%
- 5Y*
- 12.30%
- 10Y*
- 13.66%
PIUIX Monthly Returns History
Based on dividend-adjusted daily data since Jul 31, 1997, PIUIX's average daily return is +0.03%, while the average monthly return is +0.71%. At this rate, an investment would double in approximately 8.2 years.
Historically, 61% of months were positive and 39% were negative. The best month was Nov 2020 with a return of +14.4%, while the worst month was Oct 2008 at -24.1%. The longest winning streak lasted 12 consecutive months, and the longest losing streak was 6 months.
On a daily basis, PIUIX closed higher 52% of trading days. The best single day was Sep 19, 2001 with a return of +15.8%, while the worst single day was Mar 12, 2020 at -10.3%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 8.22% | 2.46% | -9.42% | 8.30% | 3.88% | 0.59% | 13.67% | ||||||
| 2025 | 7.17% | -3.41% | 1.45% | 3.21% | 5.53% | 3.15% | -1.91% | 4.29% | 3.11% | 0.30% | -0.49% | 4.59% | 29.93% |
| 2024 | -0.34% | 2.96% | 2.75% | -2.32% | 3.84% | -0.39% | 2.29% | 2.63% | -0.38% | -4.16% | 0.75% | -3.97% | 3.31% |
| 2023 | 8.46% | -3.46% | 2.77% | 0.49% | -2.86% | 3.76% | 3.66% | -5.22% | -4.04% | -2.78% | 9.37% | 4.88% | 14.60% |
| 2022 | -5.33% | -3.73% | -0.99% | -7.09% | 1.40% | -9.92% | 5.46% | -4.88% | -11.48% | 5.64% | 11.98% | -3.57% | -22.41% |
| 2021 | 0.26% | 2.31% | 0.74% | 4.00% | 1.91% | 0.15% | 0.21% | 2.44% | -3.94% | 2.75% | -5.75% | 3.13% | 8.04% |
Benchmark Metrics
Federated Hermes International Equity Fd has an annualized alpha of 2.25%, beta of 0.72, and R2 of 0.55 versus S&P 500 Index. Calculated based on daily prices since August 01, 1997.
- This fund generated an annualized alpha of 2.25% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Alpha
- 2.25%
- Beta
- 0.72
- R²
- 0.55
- Upside Capture
- 96.28%
- Downside Capture
- 97.30%
Expense Ratio
PIUIX has a high expense ratio of 0.94%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
PIUIX ranks 57 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Federated Hermes International Equity Fd (PIUIX) and compare them to S&P 500 Index.
| PIUIX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.02 | ||
| Sortino ratioReturn per unit of downside risk | +0.18 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.41 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 2.94 | 2.93 | +0.01 |
| Martin ratioReturn relative to average drawdown | 11.51 | 13.52 | -2.02 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
Federated Hermes International Equity Fd provided a 176.74% dividend yield over the last twelve months, with an annual payout of $18.08 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $18.08 | $18.08 | $3.20 | $0.35 | $1.41 | $3.72 | $0.34 | $0.31 | $0.63 | $0.19 | $0.18 | $0.37 |
Dividend yield | 176.74% | 200.89% | 14.99% | 1.48% | 6.69% | 12.87% | 1.13% | 1.24% | 3.03% | 0.77% | 0.97% | 2.00% |
Monthly Dividends
The table displays the monthly dividend distributions for Federated Hermes International Equity Fd. 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 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $18.08 | $18.08 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.20 | $3.20 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.35 | $0.35 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.41 | $1.41 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.72 | $3.72 |
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 International Equity Fd. 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 International Equity Fd was 61.42%, occurring on Mar 9, 2009. Recovery took 1141 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -61.42%Mar 2009 | 1y 4mo | 4y 6mo | 5y 10moNov 2007 - Sep 2013 |
2003 bear market2003 | -50.10%Mar 2003 | 3y 6d | 2y 9mo | 5y 10moMar 2000 - Jan 2006 |
Bear market2022 | -36.07%Oct 2022 | 1y 1mo | 2y 7mo | 3y 9moSep 2021 - Jun 2025 |
COVID crash2020 | -35.44%Mar 2020 | 2mo 2d | 4mo 22d | 6mo 24dJan 2020 - Aug 2020 |
1998 bear market1998 | -26.32%Oct 1998 | 2mo 16d | 6mo 6d | 8mo 22dJul 1998 - Apr 1999 |
Drawdown Indicators
| PIUIX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.42% | -56.78% | -4.64% |
Max Drawdown (1Y)Largest decline over 1 year | -12.26% | -9.10% | -3.16% |
Max Drawdown (3Y)Largest decline over 3 years | -14.27% | -18.90% | +4.63% |
Max Drawdown (5Y)Largest decline over 5 years | -36.07% | -25.43% | -10.64% |
Max Drawdown (10Y)Largest decline over 10 years | -36.07% | -33.92% | -2.15% |
Current DrawdownCurrent decline from peak | 0.00% | -0.74% | +0.74% |
Average DrawdownAverage peak-to-trough decline | -15.36% | -10.72% | -4.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.46% | 1.97% | +1.49% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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