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Trending ETFs

Name

As of 02/03/2023

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$21.24

$850 M

0.00%

$0.00

1.92%

Vitals

YTD Return

4.3%

1 yr return

-11.1%

3 Yr Avg Return

-1.3%

5 Yr Avg Return

-2.8%

Net Assets

$850 M

Holdings in Top 10

27.5%

52 WEEK LOW AND HIGH

$21.4
$19.64
$24.35

Expenses

OPERATING FEES

Expense Ratio 1.92%

SALES FEES

Front Load N/A

Deferred Load 5.50%

TRADING FEES

Turnover 77.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,500

IRA

$250


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 02/03/2023

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$21.24

$850 M

0.00%

$0.00

1.92%

LEIBX - Profile

Distributions

  • YTD Total Return 4.3%
  • 3 Yr Annualized Total Return -1.3%
  • 5 Yr Annualized Total Return 0.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.16%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Federated Hermes Equity Income Fund
  • Fund Family Name
    Federated
  • Inception Date
    Sep 28, 1994
  • Shares Outstanding
    N/A
  • Share Class
    B
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Linda Bakhshian

Fund Description

The Fund pursues its investment objective by investing primarily in income-producing equity securities which the Adviser believes are undervalued and likely to appreciate in price. The Fund’s holdings ordinarily will be in mid-capitalization (or “mid-cap”) to large-capitalization (or “large- cap”) domestic companies, although the Fund may invest across all market capitalizations. The Fund’s investment adviser, Federated Equity Management Company of Pennsylvania (“Adviser”) primarily selects dividend paying stocks that have a comparatively low volatility in share price relative to the overall equity market and may also select securities of companies that offer superior total return prospects. Consistent with the Fund’s benchmark, the Fund may, from time to time, have larger allocations to certain broad market sectors in attempting to achieve its investment objective.The Fund may also invest, to a lesser extent, in securities of foreign issuers, and may invest in real estate investment trusts and securities of other investment companies.The Fund actively trades its portfolio securities in an attempt to achieve its investment objective. Active trading will cause the Fund to have an increased portfolio turnover rate and increase the Fund’s trading costs, which may have an adverse impact on the Fund’s performance. An active trading strategy will likely result in the Fund generating more short-term capital gains or losses. Short-term gains are generally taxed at a higher rate than long-term gains. Any short-term losses are used first to offset short-term gains.The Fund will invest its assets so that at least 80% of its net assets (plus any borrowings for investment purposes) are invested in income-producing equity investments. The Fund will notify shareholders at least 60 days in advance of any change in its investment policy that would permit the Fund to invest, under normal circumstances, less than 80% of its net assets (plus any borrowings for investment purposes) in income-producing equity investments.
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LEIBX - Performance

Return Ranking - Trailing

Period LEIBX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.3% -21.2% 27.4% 50.55%
1 Yr -11.1% -62.9% 51.5% 78.04%
3 Yr -1.3%* -24.5% 59.5% 75.54%
5 Yr -2.8%* -16.4% 31.3% 85.99%
10 Yr 0.4%* -16.2% 14.8% 80.28%

* Annualized

Return Ranking - Calendar

Period LEIBX Return Category Return Low Category Return High Rank in Category (%)
2023 -14.6% -65.1% 38.0% 74.16%
2022 1.7% -25.3% 29.0% 87.70%
2021 1.6% -8.4% 56.7% 16.81%
2020 4.4% -24.3% 10.4% 52.94%
2019 -6.0% -9.4% 21.9% 95.17%

Total Return Ranking - Trailing

Period LEIBX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.3% -21.2% 27.4% 50.55%
1 Yr -11.1% -62.9% 61.5% 78.54%
3 Yr -1.3%* -24.5% 59.5% 76.19%
5 Yr 0.6%* -15.4% 34.4% 69.32%
10 Yr 4.5%* -3.3% 21.5% 72.61%

* Annualized

Total Return Ranking - Calendar

Period LEIBX Return Category Return Low Category Return High Rank in Category (%)
2023 -14.6% -65.1% 38.0% 74.16%
2022 1.7% -25.3% 29.0% 87.70%
2021 1.6% -8.4% 56.7% 16.81%
2020 4.4% -24.3% 10.4% 50.80%
2019 -2.7% -8.9% 21.9% 61.62%

NAV & Total Return History


LEIBX - Holdings

Concentration Analysis

LEIBX Category Low Category High LEIBX % Rank
Net Assets 850 M 390 K 151 B 48.93%
Number of Holdings 72 2 1727 55.91%
Net Assets in Top 10 244 M 2.1 K 32.3 B 47.63%
Weighting of Top 10 27.47% 2.8% 99.2% 46.88%

Top 10 Holdings

  1. UnitedHealth Group Inc 3.96%
  2. Berkshire Hathaway Inc Class B 3.50%
  3. Bank of America Corp 3.44%
  4. Capital One Financial Corp 3.18%
  5. JPMorgan Chase & Co 3.14%
  6. Exxon Mobil Corp 2.88%
  7. General Electric Co 2.83%
  8. Parker Hannifin Corp 2.81%
  9. Stanley Black & Decker Inc 2.73%
  10. Wells Fargo & Co 2.65%

Asset Allocation

Weighting Return Low Return High LEIBX % Rank
Stocks
97.73% 10.06% 125.26% 62.98%
Cash
2.27% -88.20% 89.94% 33.36%
Preferred Stocks
0.00% 0.00% 19.30% 27.10%
Other
0.00% -2.02% 26.80% 21.15%
Convertible Bonds
0.00% 0.00% 3.66% 22.29%
Bonds
0.00% 0.00% 80.18% 24.12%

Stock Sector Breakdown

Weighting Return Low Return High LEIBX % Rank
Financial Services
19.09% 0.00% 58.05% 52.34%
Healthcare
18.57% 0.00% 35.26% 35.71%
Industrials
10.38% 0.00% 42.76% 63.52%
Technology
10.27% 0.00% 54.02% 52.41%
Consumer Defense
9.44% 0.00% 34.10% 36.78%
Energy
9.04% 0.00% 54.00% 30.04%
Utilities
5.32% 0.00% 27.04% 38.54%
Consumer Cyclical
5.27% 0.00% 22.74% 60.23%
Real Estate
5.16% 0.00% 90.54% 17.70%
Communication Services
4.83% 0.00% 26.58% 62.30%
Basic Materials
2.63% 0.00% 21.69% 69.04%

Stock Geographic Breakdown

Weighting Return Low Return High LEIBX % Rank
US
95.11% 9.63% 121.23% 42.75%
Non US
2.62% 0.00% 45.02% 58.55%

LEIBX - Expenses

Operational Fees

LEIBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.92% 0.01% 4.02% 3.37%
Management Fee 0.60% 0.00% 1.50% 54.06%
12b-1 Fee 0.75% 0.00% 1.00% 77.59%
Administrative Fee 0.10% 0.01% 0.50% 45.45%

Sales Fees

LEIBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load 5.50% 0.95% 5.50% 0.53%

Trading Fees

LEIBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

LEIBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 77.00% 0.00% 488.00% 80.75%

LEIBX - Distributions

Dividend Yield Analysis

LEIBX Category Low Category High LEIBX % Rank
Dividend Yield 0.00% 0.00% 41.02% 55.12%

Dividend Distribution Analysis

LEIBX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Quarterly Monthly Monthly

Net Income Ratio Analysis

LEIBX Category Low Category High LEIBX % Rank
Net Income Ratio 0.16% -1.51% 4.28% 94.35%

Capital Gain Distribution Analysis

LEIBX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

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LEIBX - Fund Manager Analysis

Managers

Linda Bakhshian


Start Date

Tenure

Tenure Rank

Nov 30, 2009

12.51

12.5%

Ms. Bakhshian joined Federated in 2007 and has worked in investment management since 2002. Previously, she served as an equity research analyst with the Principal Financial Group from September 2002 to October 2007. Ms. Bakhshian has earned the Chartered Accountant designation and received her B.B. from the University of New England (Australia).

Stephen Gutch


Start Date

Tenure

Tenure Rank

Jan 01, 2020

2.41

2.4%

Stephen K. Gutch, CFA, is Senior Portfolio Manager for Federated Global Investment Management Corp. Mr. Gutch has been with Federated since 2008; has worked in investment management since 1995; and has managed investment portfolios since 2006. Previous associations: Director of Research and Portfolio Manager, Clover Capital Management; Managing Director for hedge fund, Continental Advisors, LLC; Portfolio Manager, Fulcrum Investment Group, LLC. Education: B.A., University of Rochester; M.B.A., William E. Simon Graduate School of Business Administration, also at the University of Rochester.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.09 86.59 7.88 16.42