Federated Hermes Equity Income Fund, Inc.

Federated Hermes Equity Income Fund, Inc. is a mutual fund focused on generating above-average income and long-term capital appreciation by investing predominantly in equity securities. The fund primarily targets value stocks of large U.S. companies known for paying dividends and exhibiting favorable valuations and strong balance sheets. Its investment strategy is underpinned by rigorous bottom-up fundamental research combined with quantitative analysis. The portfolio is diversified across multiple sectors and industries, which helps mitigate sector-specific risks and enhance return potential. With approximately 76 securities and portfolio assets near $734 million as of March 2025, the fund aims to balance income generation and growth, typically aligning its performance with the Russell 1000 Value Index. Key holdings often include major financial institutions, leading conglomerates, and companies from sectors such as energy, industrials, and healthcare. Monthly dividends and exposure to select foreign securities further broaden its appeal for investors seeking consistent income. Federated Hermes Equity Income Fund, Inc. plays a notable role in the large value category, serving clients who prioritize income and diversification within U.S. equity markets.