# Federated Hermes Strategic Value Dividend Fund (SVAIX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/svaix for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Federated Hermes · Asset class: Currency - Strategy: Actively Managed · Inception: 2005-03-28 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,... ## Key Facts | Metric | Value | |---|---| | Price | $7.22 | | Expense Ratio | 0.81% | | Assets Under Management | $9.23B | | NAV | $7.22 | | Holdings Count | — | | Distribution Yield (TTM) | 6.28% | | Annual Distribution (TTM) | $0.45 /share | | Distribution Frequency | Monthly | | 52-Week Range | $6.32 – $7.36 | | Beta | 0.39 | ## Latest Distribution - Amount: $0.0128 /share - Ex-date: 2026-10-22 - Pay date: 2026-10-23 ## Frequently Asked Questions ### 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. ### Does SVAIX pay a dividend? Yes, Federated Hermes Strategic Value Dividend Fund (SVAIX) distributes dividends to shareholders. The trailing-twelve-month yield is 6.28%. Full dividend history is on this page. ### How often does SVAIX pay dividends? Federated Hermes Strategic Value Dividend Fund pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is SVAIX's next ex-dividend date? The most recently announced ex-dividend date for SVAIX was 2026-10-22. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will SVAIX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.81% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does SVAIX charge its expense ratio? The expense ratio is deducted in tiny daily slices from SVAIX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does SVAIX cost more than a fund like VOO? SVAIX is actively managed (current expense ratio 0.81%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether SVAIX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to SVAIX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as SVAIX (0.81%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/svaix - Distribution history: https://www.dividenddata.com/funds/svaix/dividend - Holdings & diversification: https://www.dividenddata.com/funds/svaix/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/svaix/expenses - Peer comparison: https://www.dividenddata.com/funds/svaix/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.