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LEIFX

24.29000 USD
0.13
0.53%
Last update Aug 29, 9:30 AM EDT
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24.42000
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Federated Hermes Equity Income Fund, Inc. Cla...
24.29
0.13
0.53%

Overview

Description

Federated Hermes Equity Income Fund, Inc. Class A Shares is a mutual fund focused on generating above-average income and capital appreciation through equity investments. The fund primarily invests in value stocks of established, dividend-paying companies with strong balance sheets and attractive valuations. It employs a diversified approach across market sectors and individual securities, aiming to reduce risk while seeking returns. The management team utilizes rigorous bottom-up fundamental analysis, complemented by quantitative methods, to identify investment opportunities. ESG factors may be considered as part of the investment process, adding a dimension of risk and opportunity assessment. The fund typically holds a broad array of U.S. large-cap stocks and may invest in affiliated Federated Hermes portfolios for additional diversification not available to the general public. With assets exceeding $700 million, it maintains exposure to multiple economic sectors, including financials, energy, industrials, and technology. Regular monthly dividends underscore its income-oriented strategy, distinguishing it among large value funds in the market.

About

Address
Pittsburgh, PA 15222-3779
4000 Ericsson Drive
Phone
Instrument type
Mutual fund
Country
United States
MIC code
XNMS
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