FGFBX — Federated International Leaders Fund
Data updated: 2026-07-27
FGFBX — Federated International Leaders Fund. Europe Mid Cap Growth Materials Equity · $1.53B AUM. Holdings, fees, performance and SEC filings.
FGFBX Fund Overview
FGFBX — Federated International Leaders Fund is a US mutual fund managed by Federated Hermes World Investment Series, Inc., categorised as Europe Mid Cap Growth Materials Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Federated Hermes World Investment Series, Inc.
- Category: Europe Mid Cap Growth Materials Equity
- Assets under management: $1.53B
- 1-year return: 0.0%
- Ticker: FGFBX
- SEC CIK: 0000918199
- SEC series ID: S000009124
- Share class ID: C000024824
FGFBX Investment Objective and Strategy
Federated International Leaders Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Federated Hermes World Investment Series, Inc..
Investment objective
The Fund's investment objective is to provide long-term capital growth.
Principal investment strategy
"The Fund pursues its investment objective of long-term capital growth by investing primarily in a portfolio of equity securities issued by foreign (non U.S.) companies that the Fund's investment adviser, Federated Global Investment Management Corp. (the ""Adviser""), has deemed as the best opportunities across its investable universe relative to the company's competitive position or its growth prospects. The Adviser expects that, normally, the Fund will be invested primarily in foreign stocks in developed markets. The Fund is permitted, however, to invest in companies from both developed (including the United States) and emerging market countries. The Fund may invest in exchange-traded funds, derivative contracts (such as options, swaps and futures contracts) and hybrid instruments (such as notes linked to underlying securities, indices or commodities) in order to implement its investment strategies.
The Fund may hedge its currency risk by using derivatives such as futures or forward contracts. For example, the Fund may use derivative contracts or hybrid instruments to increase or decrease the portfolio's exposure to the investment(s) underlying the derivative or hybrid instrument in an attempt to benefit from changes in the value of the underlying investment(s) or to obtain premiums from the sale of derivative contracts. The strategy gives broad exposure to industry leading companies in developed markets, many of which have a strong or growing presence in the emerging markets."
FGFBX Holdings
Top 10 holdings of Federated International Leaders Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Astrazeneca PLC | 3.25% |
| Asml Holding NV | 2.58% |
| Deutsche Telekom AG | 2.34% |
| Shell PLC | 2.29% |
| Compagnie De Saint-Gobain SA | 2.22% |
| Taiwan Semiconductor Manufacturing Company Ltd. | 2.21% |
| Hsbc Holdings PLC | 2.17% |
| Hitachi Ltd. | 2.13% |
| Keyence Corp. | 2.11% |
| Sony Group Corp. | 2.03% |
FGFBX Portfolio Allocation
Asset-class allocation of Federated International Leaders Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 100.3% |
| Cash & Equivalents | 0.1% |
FGFBX Performance
Total returns for FGFBX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 0.0% |
| 3 years (annualised) | -1.5% |
| 5 years (annualised) | 5.7% |
FGFBX Risk Information
Risk metrics for FGFBX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 0.0%
FGFBX Costs and Fees
FGFBX costs about $209 per $10,000 invested per year in fund expenses.
- Net expense ratio: 2.09%
- Gross expense ratio: 2.19%
- Portfolio turnover: 66%
- Brokerage commissions: 18.05 bps of average net assets (SEC N-CEN)
FGFBX Cashflows
Over the 12 months to 2026-05, Federated International Leaders Fund had net outflows of $74.33M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-05 | −$27.36M |
| 2026-04 | $2.21M |
| 2026-03 | −$112.01M |
| 2026-02 | $6.96M |
| 2026-01 | $17.89M |
| 2025-12 | $114.34M |
FGFBX Debt Constituents
No individual debt constituents are reported in Federated International Leaders Fund's latest SEC N-PORT filing.
FGFBX Prospectus and SEC Filings
Official Federated International Leaders Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-01-26
- Prospectus (485BPOS) — filed 2025-01-27
- Prospectus (485BPOS) — filed 2024-01-25
- Portfolio holdings (N-PORT) — filed 2026-07-27
- Portfolio holdings (N-PORT) — filed 2026-04-23
- Portfolio holdings (N-PORT) — filed 2026-01-23
- Annual census (N-CEN) — filed 2026-02-11
- Annual census (N-CEN) — filed 2025-02-04
Related Funds
Other Europe Mid Cap Growth Materials Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.