Federated Hermes Strategic Value Dividend Fund

Frequently Asked Questions About SVAIX

What does SVAIX invest in?

The Federated Hermes Strategic Value Dividend Fund aims to achieve its investment objective by primarily allocating capital to equity securities known for their significant dividend payouts and their prospects for sustained dividend growth. Its investment adviser employs a rigorous security selection process, emphasizing stocks that offer a compelling combination of attractive dividend yield and future dividend appreciation. This rigorous evaluation considers key fundamental criteria, including, but not limited to, a company's financial strength (balance sheet), earnings growth trajectory, and the reliability of its cash flow generation. The fund may also utilize derivative instruments, such as forward currency contracts, for the purpose of managing or hedging its exposure to currency fluctuations.

What is the expense ratio of SVAIX?

Federated Hermes Strategic Value Dividend Fund (SVAIX) charges an expense ratio of 0.81%. This is the annual fee deducted from fund assets to cover management and operations.

What is SVAIX's dividend yield?

SVAIX's trailing-twelve-month yield is 6.28%, calculated from the sum of dividends over the past year divided by the current price.

How big is SVAIX?

Federated Hermes Strategic Value Dividend Fund (SVAIX) manages $9.23B 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 SVAIX actively managed or an index fund?

SVAIX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (SVAIX's is 0.81%) in exchange for the discretion to over- or under-weight positions.

When was SVAIX launched?

Federated Hermes Strategic Value Dividend Fund (SVAIX) launched in March 2005 and is managed by Federated Hermes.