Federated Hermes Emerging Markets Equity Fund Class IS

Frequently Asked Questions About PIEFX

What does PIEFX invest in?

This fund's primary objective is to achieve significant long-term capital appreciation. It maintains the flexibility to concentrate a considerable portion of its portfolio in companies based in, or deriving revenue from, a particular nation or geographical area. Investments are not restricted by company size, encompassing businesses across the entire spectrum of market capitalizations, and the fund may even heavily favor companies within a single market cap segment. A strict policy ensures that a minimum of 80% of its net assets, augmented by any funds borrowed for investment, are committed to equity holdings in developing economies.

What is the expense ratio of PIEFX?

Federated Hermes Emerging Markets Equity Fund Class IS (PIEFX) charges an expense ratio of 0.99%. This is the annual fee deducted from fund assets to cover management and operations.

How big is PIEFX?

Federated Hermes Emerging Markets Equity Fund Class IS (PIEFX) manages $79.4M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is PIEFX actively managed or an index fund?

PIEFX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was PIEFX launched?

Federated Hermes Emerging Markets Equity Fund Class IS (PIEFX) launched in March 2017 and is managed by Federated Hermes.

How has PIEFX performed?

PIEFX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.