Morningstar

Federated Hermes International Strategic Value Dividend Fund Class A Shares IVFAX

Morningstar Medalist Rating
Medalist Rating as of | See Federated Hermes Investment Hub
  • NAV / 1-Day Return 4.69  /  +0.64 %
  • Total Assets 755.1M
  • Adj. Expense Ratio
    1.110%
  • Expense Ratio 1.110%
  • Distribution Fee Level Below Average
  • Share Class Type Front Load
  • Category Foreign Large Value
  • Investment Style Large Value
  • Min. Initial Investment 1,500
  • Status Open
  • TTM Yield 3.50%
  • Turnover 32%

USD | NAV as of Oct 03, 2026 | 1-Day Return as of Oct 03, 2026, 12:11 AM GMT+0

Morningstar’s Analysis IVFAX

Will IVFAX outperform in the 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 IVFAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the IVFAX 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 IVFAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A decent dividend-driven vehicle rather than a great one.

Senior Analyst William Samuel Rocco

William Samuel Rocco

Senior Analyst

Summary

Federated International Strategic Value Dividend still enjoys a personnel edge, but the pros and cons of its approach continue to offset each other.

by William Samuel Rocco
Rated on Published on

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Portfolio Holdings IVFAX

More IVFAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 35.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

TotalEnergies SE

4.39 35M
Energy

Zurich Insurance Group AG

3.84 30M
Financial Services

British American Tobacco PLC

3.81 30M
Consumer Defensive

Allianz SE

3.80 30M
Financial Services

Munchener Ruckversicherungs-Gesellschaft AG

3.41 27M
Financial Services

Sanofi SA

3.40 27M
Healthcare

Enel SpA

3.34 27M
Utilities

TC Energy Corp

3.27 26M
Energy

Unilever PLC

3.01 24M
Consumer Defensive

GSK PLC

2.88 23M
Healthcare

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