FGFAX Performance — Federated Hermes International Leaders Fund, Class A
Data updated: 2026-07-27
FGFAX returned +6.70% year to date and +22.04% over one year to May 2026. Annualised returns are +16.01% over 3 years and +8.15% over 5 years. The fund beat its International Mid-Cap Growth category average: $100 invested three years ago grew to $156, against $152 for the category, and to $122 over one year, against $119. Volatility over the past three years was 13.62% a year. In the 12 months to May 2026 the fund lost a net $74.3M, and assets reached $1.53B.
FGFAX Growth of $100
What $100 invested in Federated Hermes International Leaders Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the International Mid-Cap Growth category average over the same months.
| Period | FGFAX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $122 | $119 |
| 3 years (Jun 2023 – May 2026) | $156 | $152 |
| 5 years (Jun 2021 – May 2026) | $148 | $128 |
| Since data start (Sep 2019 – May 2026) | $209 | $186 |
FGFAX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +6.70% |
| 1 year | +22.04% |
| 3 years (annualised) | +16.01% |
| 5 years (annualised) | +8.15% |
FGFAX Annual Returns
Calendar-year total returns of Federated Hermes International Leaders Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +6.70% |
| 2025 | +36.92% |
| 2024 | −1.27% |
| 2023 | +16.98% |
| 2022 | −9.03% |
| 2021 | +4.76% |
| 2020 | +15.46% |
| 2019 (Sep–Dec) | +12.52% |
FGFAX 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 | +5.2% | +3.9% | −10.1% | +6.4% | +1.9% | — | — | — | — | — | — | — |
| 2025 | +6.2% | +4.0% | +0.4% | +3.0% | +4.9% | +3.2% | −1.8% | +3.5% | +2.9% | +1.6% | +0.9% | +3.2% |
| 2024 | −1.8% | +1.2% | +3.8% | −2.5% | +4.8% | −2.1% | +2.7% | +2.6% | −0.7% | −5.7% | −0.8% | −2.4% |
| 2023 | +9.9% | −1.6% | +1.1% | +3.1% | −4.1% | +4.5% | +2.3% | −3.7% | −4.1% | −4.2% | +8.2% | +5.7% |
| 2022 | −2.0% | −4.1% | −1.1% | −6.0% | +4.0% | −8.7% | +4.5% | −5.6% | −8.6% | +8.6% | +13.6% | −1.2% |
| 2021 | −1.5% | +1.9% | +1.5% | +3.5% | +3.1% | −2.6% | +0.5% | +1.9% | −3.8% | +3.0% | −7.4% | +5.2% |
| 2020 | −3.3% | −7.4% | −13.6% | +6.7% | +6.9% | +4.9% | +5.5% | +3.5% | −2.8% | −3.8% | +15.9% | +5.2% |
| 2019 | — | — | — | — | — | — | — | — | +2.8% | +3.5% | +2.1% | +3.6% |
FGFAX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 13.62%
- 3-year Sharpe ratio: 0.84 (vs 4.5% risk-free rate)
- Best month: +8.18% (Nov 2023)
- Worst month: −10.05% (Mar 2026)
FGFAX Fund Flows
Monthly money in and out of Federated Hermes International Leaders Fund, from SEC Form N-PORT.
- 12-month net flow: −$74.3M
- 12-month gross sales (incl. reinvestments): $530.0M
- Sales ÷ redemptions: 0.88×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $15.0M | $42.4M | −$27.4M |
| Apr 2026 | $31.1M | $28.9M | $2.2M |
| Mar 2026 | $61.7M | $173.8M | −$112.0M |
| Feb 2026 | $29.7M | $22.7M | $7.0M |
| Jan 2026 | $55.1M | $37.2M | $17.9M |
| Dec 2025 | $169.9M | $55.5M | $114.3M |
| Nov 2025 | $20.2M | $81.5M | −$61.4M |
| Oct 2025 | $38.3M | $21.0M | $17.4M |
| Sep 2025 | $21.7M | $15.7M | $6.0M |
| Aug 2025 | $42.1M | $68.6M | −$26.5M |
| Jul 2025 | $25.8M | $24.2M | $1.5M |
| Jun 2025 | $19.5M | $32.8M | −$13.3M |
FGFAX Assets Under Management
Net assets of Federated Hermes International Leaders Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $1.53B |
| 2026-02-28 | $1.72B |
| 2025-11-30 | $1.52B |
| 2025-08-31 | $1.48B |
| 2025-05-31 | $1.44B |
| 2025-02-28 | $1.22B |
| 2024-11-30 | $1.21B |
| 2024-08-31 | $1.35B |
| 2024-05-31 | $1.40B |
| 2024-02-29 | $1.24B |
| 2023-11-30 | $1.17B |
| 2023-08-31 | $1.22B |
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.