International Strategic Value Dividend with MAP SMA

Separately Managed Accounts . Large Cap .

Overview

 
STRATEGY

A composite of portfolios seeking income and long-term capital appreciation by investing primarily in the American Depository Receipts (ADRs) of non-U.S. companies with high dividend yields and dividend growth potential and in a Managed Account Pool that invests directly in foreign securities.

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
Managed Account Pool (MAP)

Managed Accounts Pools (MAPs) are unique asset class pools specifically designed for Separately Managed Account (SMA) strategies. They are registered investment companies available only in conjunction with Federated Hermes SMAs. All fees are charged at the managed account level, so the MAPs have zero advisory fees and reimburse all ordinary operating expenses (excluding those of any other funds in which the MAPs invest, if applicable). The implementation of MAPs can be at the discretion of the financial professional.

Specific asset class pool available with this strategy:

  • International Dividend Strategy Portfolio
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.

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.

Investing in equities is speculative and involves substantial risk.

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.

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.

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

Beta is calculated using the weighted average of the betas of the portfolio’s underlying stocks. Each stock’s beta is derived from 60 months of data using country of risk to determine the appropriate market return.

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.

For a comparison of gross to net returns, see the GIPS. “Pure” gross-of-fees returns do not reflect the deduction of any expenses, including trading costs.
“Pure” gross-of-fees returns are supplemental to net returns. This information is supplemental to the GIPS report which should be referred to for the current performance, including the net figures, and index changes.

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.

Managed Account Pools (MAPs) are unique mutual fund pools of securities specially designed to provide diversification to separately managed accounts. Because these pools are highly liquid, they enhance the ability of separately managed account portfolios to quickly and efficiently respond to changing market conditions.

Unlike the typical mutual fund, each MAP has "zero" advisory fees. MAPs are available only in conjunction with Federated Hermes Separately Managed Accounts.

Federated Investment Counseling