Morningstar

Federated Hermes Emerging Markets Equity Fund Class Institutional PIEFX

Medalist Rating as of Aug 31, 2026 See Federated Hermes Investment Hub

Strategy

The investment seeks to provide long-term capital appreciation. The fund may make significant investments in issuers located or doing business in a single country or geographic region. It may invest in securities across all market capitalizations, and it may invest a significant portion of its assets in companies of any one particular market capitalization category. The fund will invest its assets so that at least 80% of its net assets (plus any borrowing for investment purposes) are invested in equity securities of emerging market countries.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
PIEFX	Federated Hermes Emerging Markets Equity Fund Class Institutional	Institutional	Open			Mar 31, 2017	$80.64M	0.990%	Average	$1M	$24.31M
FRIEX	Federated Hermes Emerging Markets Equity Fund Class R6 Shares	Retirement, Large	Open			Aug 26, 2021	$926,915.00	0.930%	Average	$0	$37,133.16

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