FDERX Performance — Federated Hermes Strategic Dividend Growth Fund, Inc. f/k/a Federated Hermes Equity Income Fund, Inc., Class R
Data updated: 2026-07-27
FDERX returned +6.48% year to date and +19.77% over one year to May 2026. Annualised returns are +15.33% over 3 years and +7.09% over 5 years. The fund trailed its US Large Value category average: $100 invested three years ago grew to $153, against $165 for the category, and to $120 over one year, against $124. Volatility over the past three years was 12.81% a year. In the 12 months to May 2026 the fund took in a net $52.5M, and assets reached $740.55M.
FDERX Growth of $100
What $100 invested in Federated Hermes Strategic Dividend Growth Fund, Inc. f/k/a Federated Hermes Equity Income Fund, Inc. grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Value category average over the same months.
| Period | FDERX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $120 | $124 |
| 3 years (Jun 2023 – May 2026) | $153 | $165 |
| 5 years (Jun 2021 – May 2026) | $141 | $163 |
| Since data start (Sep 2019 – May 2026) | $195 | $223 |
FDERX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +6.48% |
| 1 year | +19.77% |
| 3 years (annualised) | +15.33% |
| 5 years (annualised) | +7.09% |
FDERX Annual Returns
Calendar-year total returns of Federated Hermes Strategic Dividend Growth Fund, Inc. f/k/a Federated Hermes Equity Income Fund, Inc., compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +6.48% |
| 2025 | +14.24% |
| 2024 | +12.60% |
| 2023 | +8.87% |
| 2022 | −8.20% |
| 2021 | +20.77% |
| 2020 | +6.15% |
| 2019 (Sep–Dec) | +10.87% |
FDERX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +4.4% | +5.1% | −4.5% | +3.5% | −1.9% | — | — | — | — | — | — | — |
| 2025 | +5.3% | −0.3% | −3.4% | −3.2% | +3.5% | +4.2% | +2.7% | +3.1% | +0.2% | −1.0% | +2.8% | 0.0% |
| 2024 | +0.1% | +4.7% | +5.3% | −3.8% | +2.5% | −0.5% | +4.5% | +2.4% | +0.4% | −2.0% | +5.5% | −6.5% |
| 2023 | +4.1% | −3.5% | −1.4% | +1.8% | −3.6% | +6.4% | +2.7% | −2.7% | −4.2% | −3.2% | +8.2% | +5.0% |
| 2022 | −1.0% | −1.1% | +2.3% | −4.8% | +1.3% | −8.4% | +6.0% | −3.6% | −8.3% | +10.1% | +4.4% | −3.8% |
| 2021 | −2.3% | +7.5% | +4.8% | +4.1% | +2.4% | −1.5% | −0.5% | +1.4% | −2.0% | +4.4% | −3.3% | +4.6% |
| 2020 | −1.9% | −9.8% | −15.5% | +10.2% | +4.7% | −0.3% | +4.3% | +5.2% | −2.7% | −2.2% | +13.8% | +3.9% |
| 2019 | — | — | — | — | — | — | — | — | +3.8% | +1.4% | +2.6% | +2.6% |
FDERX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 12.81%
- 3-year Sharpe ratio: 0.85 (vs 4.5% risk-free rate)
- Best month: +8.15% (Nov 2023)
- Worst month: −6.45% (Dec 2024)
FDERX Fund Flows
Monthly money in and out of Federated Hermes Strategic Dividend Growth Fund, Inc. f/k/a Federated Hermes Equity Income Fund, Inc., from SEC Form N-PORT.
- 12-month net flow: $52.5M
- 12-month gross sales (incl. reinvestments): $182.7M
- Sales ÷ redemptions: 1.40×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $2.8M | $9.4M | −$6.6M |
| Apr 2026 | $4.1M | $8.6M | −$4.5M |
| Mar 2026 | $2.9M | $8.9M | −$6.0M |
| Feb 2026 | $2.3M | $8.4M | −$6.1M |
| Jan 2026 | $9.4M | $18.7M | −$9.3M |
| Dec 2025 | $149.7M | $33.1M | $116.6M |
| Nov 2025 | $2.5M | $6.4M | −$3.9M |
| Oct 2025 | $1.8M | $8.6M | −$6.8M |
| Sep 2025 | $2.6M | $8.5M | −$5.9M |
| Aug 2025 | $1.8M | $5.8M | −$4.0M |
| Jul 2025 | $1.5M | $7.3M | −$5.9M |
| Jun 2025 | $1.3M | $6.5M | −$5.2M |
FDERX Assets Under Management
Net assets of Federated Hermes Strategic Dividend Growth Fund, Inc. f/k/a Federated Hermes Equity Income Fund, Inc. by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $740.55M |
| 2026-02-28 | $786.31M |
| 2025-11-30 | $762.87M |
| 2025-08-31 | $766.23M |
| 2025-05-31 | $709.94M |
| 2025-02-28 | $756.07M |
| 2024-11-30 | $798.80M |
| 2024-08-31 | $790.53M |
| 2024-05-31 | $761.87M |
| 2024-02-29 | $756.37M |
| 2023-11-30 | $715.98M |
| 2023-08-31 | $737.00M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.