International Strategic Value Dividend ADR SMA

Separately Managed Accounts .

Overview

 
STRATEGY

A composite of portfolios investing in foreign stocks that management believes will provide high yield, reasonable dividend growth and lower volatility in falling equity market environments along with potential participation in rising markets. Eligible portfolios are managed with wide latitude to choose the sectors and securities to fulfill the mandate. Portfolios may invest in less developed or emerging markets that generally entail greater political, economic, market, tax, credit and other risks, and may have greater price volatility than securities issued or traded in developed markets. Within eligible portfolios, securities are selected based on a fundamental assessment of their financial strength, dividend yields, dividend growth rates and performance during periods of market weakness.

KEY FACTS
Key Facts - Part 1
Benchmark MSCI World ex USA High Dividend Yield Index
Key Facts - Part 2
Strategy Inception Date July 1 2008
INVESTMENT GOALS Retirement
Growth
Income
Global Diversification
KEY INVESTMENT TEAM
Daniel Peris, Ph.D., CFA
Senior Vice President
Senior Portfolio Manager
Head of Strategic Value Dividend Group

joined Federated Hermes
24 years of experience
Deborah Bickerstaff
Senior Vice President
Portfolio Manager

joined Federated Hermes
27 years of experience
Jared Hoff
Vice President
Senior Portfolio Manager

joined Federated Hermes
22 years of experience
Michael Tucker
Senior Vice President
Senior Portfolio Manager

joined Federated Hermes
30 years of experience

Characteristics

Commentary

Documents

 
DISCLOSURES

Investment strategies described on this site are not necessarily available through every sponsor program. Please check with your Federated Hermes representative or your home office to ascertain accessibility.

Effective January 31, 2016 the benchmark changed from MSCI EAFE High Dividend Yield Index to MSCI World ex USA High Dividend Yield Index.

For a detailed discussion of Managed Account strategies or to receive additional information, please Contact Us.

There are no guarantees that dividend-paying stocks will continue to pay dividends. In addition, dividend-paying stocks may not experience the same capital appreciation potential as non-dividend-paying stocks.

International investing involves special risks including currency risk, increased volatility, political risks, and differences in auditing and other financial standards.

Price-to-earnings ratio (P/E): A ratio comparing the company’s current share price, as compared to its earnings-per-share, for the last twelve months (LTM), or estimated for the next 12 months (NTM), current fiscal year (FY1), or next (forward) fiscal year.

Price/book value ratio: A ratio used to compare a stock’s market value to its book value. It is calculated by dividing the current closing price of the stock by the latest quarter’s book value per share.

Price/cash flow ratio: A stock valuation measure calculated by dividing a firm’s cash flow per share into the current stock price.

Beta: A measure of the volatility, or systematic risk, of a security or a portfolio, in comparison to the market as a whole.

Standard deviation: The square root of the variance. A measure of dispersion of a set of data from its mean.

Upside capture ratio: A statistical measure of an investment manager’s overall performance in up markets.

Downside capture ratio: A statistical measure of an investment manager’s overall performance in down markets.

Prices of emerging markets securities can be significantly more volatile than the prices of securities in developed countries and currency risk and political risks are accentuated in emerging markets.

Investing in equities is speculative and involves substantial risk.

Issues discussed within this communication represent the investment manager's explanation of factors that were considered when executing transactions or holding specific securities on the prior date indicated. Because this is a managed portfolio, the investment mix will change and the holdings are not indicative of future portfolio composition. Marketplace conditions fluctuate suddenly and frequently, and investment manager's opinions may change. These comments are not intended to be and do not constitute recommendations that others buy, sell or hold any of the securities discussed. 

Refer to the GIPS report found on this website in the Performance Profile found in the Documents section.

The characteristics are based on a portfolio which is used as a guide for cloning (or managing) underlying accounts to a particular strategy. Taking into consideration individual investor circumstances could cause deviation from this guide (e.g. restrictions, tax requests, etc.). Portfolio characteristics are as of the date shown above and are based on individual securities in the portfolio on that date. Securities in the portfolio are subject to change.

Risk statistics are based on gross performance. Statistics shown are not indicative of future statistics and are not representative of future portfolio performance.

For printing purposes, this commentary must be accompanied by the full GIPS report.

Past performance is no guarantee of future results.

For additional information, including definitions of related terms and indexes, see the Financial Glossary and Benchmark Index Glossary.

Federated Investment Counseling