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Morningstar

Federated Hermes Equity Income C LEICX

Morningstar Medalist Rating
Medalist Rating as of | See Federated Hermes Investment Hub
  • NAV / 1-Day Return 22.95  /  −0.26 %
  • Total Assets 746.9 Mil
  • Adj. Expense Ratio
    1.910%
  • Expense Ratio 1.910%
  • Distribution Fee Level Above Average
  • Share Class Type Level Load
  • Category Large Value
  • Investment Style Large Value
  • Min. Initial Investment 1,500
  • Status Open
  • TTM Yield 0.40%
  • Turnover 75%

USD | NAV as of Apr 18, 2024 | 1-Day Return as of Apr 18, 2024, 10:16 PM GMT+0

Morningstar’s Analysis LEICX

Will LEICX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable LEICX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the LEICX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of LEICX’s parent organization’s priorities and whether they’re in line with investors’ interests.

The combination of an Average People Pillar rating and a Below Average Process Pillar rating limit Federated Hermes Equity Income C to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings LEICX

More LEICX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 24.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

The Goldman Sachs Group Inc

3.38 25.1 Mil
Financial Services

Wells Fargo & Co

3.23 24.0 Mil
Financial Services

Walmart Inc

2.82 21.0 Mil
Consumer Defensive

Qorvo Inc

2.37 17.6 Mil
Technology

Boeing Co

2.36 17.6 Mil
Industrials

PPL Corp

2.27 16.9 Mil
Utilities

UnitedHealth Group Inc

2.22 16.5 Mil
Healthcare

Exxon Mobil Corp

2.18 16.2 Mil
Energy

General Electric Co

2.03 15.1 Mil
Industrials

S&P Global Inc

2.02 15.0 Mil
Financial Services