FHESX Performance — Federated Hermes SDG Engagement Equity Fund, Institutional Shares
Data updated: 2026-09-23
FHESX returned +10.52% year to date and +12.75% over one year to Jul 2026. Annualised returns are +6.84% over 3 years and +3.51% over 5 years. Against its Global Mid-Cap Growth category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $122, against $134 for the category, and to $113 over one year, against $112. Volatility over the past three years was 16.27% a year. In the 12 months to Jul 2026 the fund lost a net $86.8M, and assets reached $18.38M.
FHESX Growth of $100
What $100 invested in Federated Hermes SDG Engagement Equity Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Global Mid-Cap Growth category average over the same months.
| Period | FHESX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $113 | $112 |
| 3 years (Aug 2023 – Jul 2026) | $122 | $134 |
| 5 years (Aug 2021 – Jul 2026) | $119 | $119 |
| Since data start (Aug 2019 – Jul 2026) | $156 | $182 |
FHESX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +10.52% |
| 1 year | +12.75% |
| 3 years (annualised) | +6.84% |
| 5 years (annualised) | +3.51% |
FHESX Annual Returns
Calendar-year total returns of Federated Hermes SDG Engagement Equity Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +10.52% |
| 2025 | +4.50% |
| 2024 | +2.02% |
| 2023 | +18.30% |
| 2022 | −18.47% |
| 2021 | +17.54% |
| 2020 | +8.33% |
| 2019 (Aug–Dec) | +7.48% |
FHESX 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 | +3.5% | +5.4% | −8.7% | +6.0% | +2.6% | +3.6% | −1.5% | — | — | — | — | — |
| 2025 | +2.5% | −5.4% | −3.2% | −1.2% | +5.6% | +2.9% | +1.8% | +4.5% | −1.9% | −2.8% | +1.9% | +0.4% |
| 2024 | −2.6% | +5.0% | +4.8% | −5.7% | +2.3% | −2.4% | +6.5% | −0.1% | +1.5% | −5.1% | +4.7% | −5.6% |
| 2023 | +7.9% | −1.7% | +0.8% | +0.1% | −3.0% | +6.6% | +3.3% | −2.3% | −4.9% | −7.1% | +10.5% | +8.6% |
| 2022 | −6.9% | −1.3% | −0.6% | −6.0% | +1.2% | −9.8% | +9.1% | −5.6% | −10.0% | +7.2% | +8.3% | −3.5% |
| 2021 | −1.0% | +4.3% | +3.2% | +3.8% | +1.9% | −1.7% | +1.5% | +3.3% | −4.3% | +3.3% | −3.3% | +5.9% |
| 2020 | −3.0% | −8.3% | −20.5% | +10.8% | +6.5% | +3.4% | +3.7% | +4.3% | −1.7% | −1.1% | +13.7% | +5.0% |
| 2019 | — | — | — | — | — | — | — | −2.9% | +2.4% | +3.2% | +1.1% | +3.6% |
FHESX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 16.27%
- 3-year Sharpe ratio: 0.14 (vs 4.5% risk-free rate)
- Best month: +10.49% (Nov 2023)
- Worst month: −8.72% (Mar 2026)
FHESX Fund Flows
Monthly money in and out of Federated Hermes SDG Engagement Equity Fund, from SEC Form N-PORT.
- 12-month net flow: −$86.8M
- 12-month gross sales (incl. reinvestments): $20.5M
- Sales ÷ redemptions: 0.19×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $122K | $677K | −$555K |
| Jun 2026 | $371K | $72.5M | −$72.1M |
| May 2026 | $950K | $1.4M | −$462K |
| Apr 2026 | $872K | $19.5M | −$18.6M |
| Mar 2026 | $1.7M | $1.4M | $293K |
| Feb 2026 | $4.3M | $1.1M | $3.2M |
| Jan 2026 | $1.2M | $908K | $306K |
| Dec 2025 | $6.2M | $3.2M | $3.0M |
| Nov 2025 | $1.5M | $2.9M | −$1.4M |
| Oct 2025 | $1.6M | $679K | $931K |
| Sep 2025 | $1.1M | $1.9M | −$802K |
| Aug 2025 | $564K | $1.1M | −$567K |
FHESX Assets Under Management
Net assets of Federated Hermes SDG Engagement Equity Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $18.38M |
| 2026-04-30 | $88.90M |
| 2026-01-31 | $103.16M |
| 2025-10-31 | $99.30M |
| 2025-07-31 | $99.97M |
| 2025-04-30 | $91.96M |
| 2025-01-31 | $103.52M |
| 2024-10-31 | $103.31M |
| 2024-07-31 | $107.67M |
| 2024-04-30 | $112.94M |
| 2024-01-31 | $99.07M |
| 2023-10-31 | $86.17M |
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.