HIEIX Performance — Federated Hermes International Developed Equity Fund, Institutional Shares
Data updated: 2024-02-09
HIEIX returned −14.04% over one year to Feb 2023. The annualised 3-year return is +3.34%. The fund trailed its Global Value category average: $100 invested three years ago grew to $110, against $123 for the category, and to $86 over one year, against $91. Volatility over the past three years was 24.02% a year. In the 12 months to Feb 2023 the fund took in a net $19.8M, and assets reached $1.58M.
HIEIX Growth of $100
What $100 invested in Federated Hermes International Developed Equity Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Global Value category average over the same months.
| Period | HIEIX | Category average |
|---|---|---|
| 1 year (Mar 2022 – Feb 2023) | $86 | $91 |
| 3 years (Mar 2020 – Feb 2023) | $110 | $123 |
| Since data start (Sep 2019 – Feb 2023) | $108 | $120 |
HIEIX Trailing Returns
Total returns to Feb 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | −14.04% |
| 3 years (annualised) | +3.34% |
HIEIX Annual Returns
Calendar-year total returns of Federated Hermes International Developed Equity Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 (Jan–Feb) | +5.24% |
| 2022 | −24.70% |
| 2021 | +11.13% |
| 2020 | +14.75% |
| 2019 (Sep–Dec) | +7.17% |
HIEIX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | +8.5% | −3.0% | — | — | — | — | — | — | — | — | — | — |
| 2022 | −3.9% | −4.1% | +1.3% | −5.9% | +1.5% | −10.0% | +4.6% | −5.1% | −22.8% | +9.4% | +14.3% | −2.3% |
| 2021 | −1.8% | +2.2% | +2.9% | +2.4% | +3.4% | −0.4% | +0.9% | +1.3% | −3.3% | +4.2% | −5.1% | +4.5% |
| 2020 | −1.5% | −7.0% | −10.0% | +4.1% | +5.3% | +3.2% | +4.1% | +4.1% | −2.7% | −4.1% | +14.7% | +6.0% |
| 2019 | — | — | — | — | — | — | — | — | −0.9% | +2.3% | +1.5% | +4.2% |
HIEIX Risk
Risk measures from monthly returns over Mar 2020 – Feb 2023.
- 3-year volatility (annualised): 24.02%
- 3-year Sharpe ratio: -0.05 (vs 4.5% risk-free rate)
- Best month: +14.67% (Nov 2020)
- Worst month: −22.77% (Sep 2022)
HIEIX Fund Flows
Monthly money in and out of Federated Hermes International Developed Equity Fund, from SEC Form N-PORT.
- 12-month net flow: $19.8M
- 12-month gross sales (incl. reinvestments): $1.8M
- Sales ÷ redemptions: -0.10×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Feb 2023 | $0 | $0 | $0 |
| Jan 2023 | $0 | −$11K | $11K |
| Dec 2022 | $13K | $0 | $13K |
| Nov 2022 | $0 | −$6K | $6K |
| Oct 2022 | $5K | $0 | $5K |
| Sep 2022 | $2K | −$13.1M | $13.1M |
| Aug 2022 | $1.7M | −$2.0M | $3.8M |
| Jul 2022 | $0 | −$1.1M | $1.1M |
| Jun 2022 | $2K | −$682K | $684K |
| May 2022 | $0 | −$340K | $340K |
| Apr 2022 | $100 | $0 | $100 |
| Mar 2022 | $2K | −$756K | $758K |
HIEIX Assets Under Management
Net assets of Federated Hermes International Developed Equity Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2023-02-28 | $1.58M |
| 2022-11-30 | $2.12M |
| 2022-08-31 | $16.62M |
| 2022-05-31 | $20.87M |
| 2022-02-28 | $22.72M |
| 2021-11-30 | $24.75M |
| 2021-08-31 | $26.52M |
| 2021-05-31 | $25.70M |
| 2021-02-28 | $22.70M |
| 2020-11-30 | $21.50M |
| 2020-08-31 | $19.74M |
| 2020-05-31 | $13.32M |
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.