FHGIX Performance — Federated Hermes Global Equity Fund, Institutional Shares
Data updated: 2025-02-04
FHGIX returned +26.26% over one year to Aug 2024. Annualised returns are +3.01% over 3 years and +11.07% over 5 years. Against its Global Large Blend category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $109, against $112 for the category, and to $126 over one year, against $120. Volatility over the past three years was 18.08% a year. In the 12 months to Aug 2024 the fund took in a net $1.2M, and assets reached $21.10M.
FHGIX Growth of $100
What $100 invested in Federated Hermes Global Equity Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Global Large Blend category average over the same months.
| Period | FHGIX | Category average |
|---|---|---|
| 1 year (Sep 2023 – Aug 2024) | $126 | $120 |
| 3 years (Sep 2021 – Aug 2024) | $109 | $112 |
| 5 years (Sep 2019 – Aug 2024) | $169 | $160 |
FHGIX Trailing Returns
Total returns to Aug 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +26.26% |
| 3 years (annualised) | +3.01% |
| 5 years (annualised) | +11.07% |
FHGIX Annual Returns
Calendar-year total returns of Federated Hermes Global Equity Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–Aug) | +17.53% |
| 2023 | +19.54% |
| 2022 | −23.31% |
| 2021 | +17.59% |
| 2020 | +20.54% |
| 2019 (Sep–Dec) | +10.68% |
FHGIX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | +1.9% | +5.0% | +3.1% | −3.9% | +5.1% | +3.0% | −0.2% | +2.5% | — | — | — | — |
| 2023 | +8.2% | −3.7% | +2.1% | +1.8% | −1.3% | +4.7% | +2.6% | −3.2% | −4.2% | −2.4% | +9.3% | +5.1% |
| 2022 | −5.7% | −3.6% | +1.2% | −8.5% | +0.7% | −9.0% | +6.6% | −5.1% | −10.3% | +6.8% | +8.5% | −5.5% |
| 2021 | −0.9% | +2.7% | +2.4% | +4.0% | +1.1% | +1.6% | +1.2% | +2.8% | −4.9% | +5.1% | −2.4% | +4.0% |
| 2020 | −1.7% | −7.5% | −11.7% | +10.7% | +4.6% | +3.4% | +6.6% | +5.7% | −2.8% | −2.2% | +11.1% | +5.5% |
| 2019 | — | — | — | — | — | — | — | — | +1.5% | +2.7% | +2.2% | +3.8% |
FHGIX Risk
Risk measures from monthly returns over Sep 2021 – Aug 2024.
- 3-year volatility (annualised): 18.08%
- 3-year Sharpe ratio: -0.08 (vs 4.5% risk-free rate)
- Best month: +9.33% (Nov 2023)
- Worst month: −10.35% (Sep 2022)
FHGIX Fund Flows
Monthly money in and out of Federated Hermes Global Equity Fund, from SEC Form N-PORT.
- 12-month net flow: $1.2M
- 12-month gross sales (incl. reinvestments): $1.1M
- Sales ÷ redemptions: -17.71×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Aug 2024 | $0 | $1.5M | −$1.5M |
| Jul 2024 | $570 | $178K | −$178K |
| Jun 2024 | $15K | $36K | −$20K |
| May 2024 | $121K | $0 | $121K |
| Apr 2024 | $18K | $32K | −$14K |
| Mar 2024 | $13K | $35K | −$22K |
| Feb 2024 | $31K | −$197K | $229K |
| Jan 2024 | $4K | −$547K | $552K |
| Dec 2023 | $685K | −$318K | $1.0M |
| Nov 2023 | $2K | $0 | $2K |
| Oct 2023 | $178K | $0 | $178K |
| Sep 2023 | $28K | −$781K | $808K |
FHGIX Assets Under Management
Net assets of Federated Hermes Global Equity Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2024-08-31 | $21.10M |
| 2024-05-31 | $21.72M |
| 2024-02-29 | $20.78M |
| 2023-11-30 | $19.00M |
| 2023-08-31 | $19.16M |
| 2023-05-31 | $18.35M |
| 2023-02-28 | $17.89M |
| 2022-11-30 | $18.50M |
| 2022-08-31 | $17.46M |
| 2022-05-31 | $18.52M |
| 2022-02-28 | $19.74M |
| 2021-11-30 | $20.49M |
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.