ISCIX Performance — Federated Hermes International Small-Mid Company Fund, Institutional Shares
Data updated: 2026-07-27
ISCIX returned +12.94% year to date and +23.77% over one year to May 2026. Annualised returns are +20.51% over 3 years and +6.90% over 5 years. Against its International Mid-Cap Value category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $175, against $166 for the category, and to $124 over one year, against $124. Volatility over the past three years was 14.73% a year. In the 12 months to May 2026 the fund took in a net $177.6M, and assets reached $565.85M.
ISCIX Growth of $100
What $100 invested in Federated Hermes International Small-Mid Company Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the International Mid-Cap Value category average over the same months.
| Period | ISCIX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $124 | $124 |
| 3 years (Jun 2023 – May 2026) | $175 | $166 |
| 5 years (Jun 2021 – May 2026) | $140 | $150 |
| Since data start (Sep 2019 – May 2026) | $222 | $202 |
ISCIX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +12.94% |
| 1 year | +23.77% |
| 3 years (annualised) | +20.51% |
| 5 years (annualised) | +6.90% |
ISCIX Annual Returns
Calendar-year total returns of Federated Hermes International Small-Mid Company Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +12.94% |
| 2025 | +34.36% |
| 2024 | +7.78% |
| 2023 | +12.83% |
| 2022 | −23.42% |
| 2021 | +6.24% |
| 2020 | +31.47% |
| 2019 (Sep–Dec) | +12.33% |
ISCIX 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% | +5.0% | −9.6% | +8.7% | +4.2% | — | — | — | — | — | — | — |
| 2025 | +4.7% | +2.1% | +1.2% | +5.2% | +7.7% | +4.7% | −1.0% | +2.4% | +2.6% | −1.5% | −0.1% | +2.3% |
| 2024 | −2.0% | +4.1% | +5.5% | −3.3% | +5.5% | −3.2% | +3.3% | +2.4% | +1.7% | −4.7% | +1.4% | −2.5% |
| 2023 | +8.6% | −2.6% | +0.8% | +1.8% | −2.9% | +4.0% | +2.9% | −3.5% | −4.6% | −5.0% | +8.6% | +5.2% |
| 2022 | −9.4% | −3.7% | +0.1% | −7.8% | +1.0% | −10.2% | +6.6% | −5.4% | −9.9% | +6.8% | +11.0% | −2.5% |
| 2021 | −2.1% | +1.4% | −0.1% | +5.8% | +2.5% | −0.1% | +2.3% | +3.8% | −4.5% | +1.8% | −7.1% | +3.1% |
| 2020 | −1.4% | −7.1% | −14.9% | +11.0% | +9.8% | +4.2% | +6.3% | +5.4% | −0.4% | −2.8% | +13.4% | +8.0% |
| 2019 | — | — | — | — | — | — | — | — | +0.3% | +3.4% | +3.7% | +4.4% |
ISCIX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 14.73%
- 3-year Sharpe ratio: 1.09 (vs 4.5% risk-free rate)
- Best month: +8.69% (Apr 2026)
- Worst month: −9.64% (Mar 2026)
ISCIX Fund Flows
Monthly money in and out of Federated Hermes International Small-Mid Company Fund, from SEC Form N-PORT.
- 12-month net flow: $177.6M
- 12-month gross sales (incl. reinvestments): $283.2M
- Sales ÷ redemptions: 2.68×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $8.8M | $6.1M | $2.7M |
| Apr 2026 | $35.2M | $10.9M | $24.3M |
| Mar 2026 | $16.8M | $11.4M | $5.5M |
| Feb 2026 | $42.8M | $14.2M | $28.6M |
| Jan 2026 | $34.3M | $8.9M | $25.4M |
| Dec 2025 | $49.6M | $11.0M | $38.6M |
| Nov 2025 | $11.5M | $5.8M | $5.7M |
| Oct 2025 | $19.5M | $6.0M | $13.5M |
| Sep 2025 | $12.1M | $7.0M | $5.1M |
| Aug 2025 | $17.1M | $8.8M | $8.3M |
| Jul 2025 | $21.8M | $8.6M | $13.2M |
| Jun 2025 | $13.8M | $7.0M | $6.8M |
ISCIX Assets Under Management
Net assets of Federated Hermes International Small-Mid Company Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $565.85M |
| 2026-02-28 | $519.38M |
| 2025-11-30 | $401.60M |
| 2025-08-31 | $373.66M |
| 2025-05-31 | $325.15M |
| 2025-02-28 | $275.37M |
| 2024-11-30 | $269.00M |
| 2024-08-31 | $268.72M |
| 2024-05-31 | $260.33M |
| 2024-02-29 | $249.00M |
| 2023-11-30 | $217.25M |
| 2023-08-31 | $202.25M |
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.