PIUCX Performance — Federated Hermes International Equity Fund, Class C
Data updated: 2026-08-11
PIUCX returned +12.46% year to date and +24.55% over one year to May 2026. Annualised returns are +16.18% over 3 years and +4.32% over 5 years. The fund trailed its International Multi-Cap Blend category average: $100 invested three years ago grew to $157, against $170 for the category, and to $125 over one year, against $126. Volatility over the past three years was 13.68% a year. In the 12 months to May 2026 the fund lost a net $580.6M, and assets reached $185.40M.
PIUCX Growth of $100
What $100 invested in Federated Hermes International Equity Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the International Multi-Cap Blend category average over the same months.
| Period | PIUCX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $125 | $126 |
| 3 years (Jun 2023 – May 2026) | $157 | $170 |
| 5 years (Jun 2021 – May 2026) | $124 | $153 |
| Since data start (Sep 2019 – May 2026) | $182 | $206 |
PIUCX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +12.46% |
| 1 year | +24.55% |
| 3 years (annualised) | +16.18% |
| 5 years (annualised) | +4.32% |
PIUCX Annual Returns
Calendar-year total returns of Federated Hermes International Equity Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +12.46% |
| 2025 | +25.84% |
| 2024 | +2.19% |
| 2023 | +13.46% |
| 2022 | −23.17% |
| 2021 | +6.92% |
| 2020 | +20.55% |
| 2019 (Sep–Dec) | +11.83% |
PIUCX 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 | +6.7% | +3.7% | −9.5% | +8.2% | +3.8% | — | — | — | — | — | — | — |
| 2025 | +4.3% | +0.8% | −0.5% | +3.2% | +5.2% | +3.3% | −2.0% | +3.7% | +3.5% | +0.1% | 0.0% | +1.9% |
| 2024 | −0.4% | +2.9% | +2.7% | −2.4% | +4.6% | −1.2% | +2.2% | +2.5% | −0.4% | −4.3% | +0.7% | −4.1% |
| 2023 | +8.4% | −3.5% | +2.7% | +0.4% | −2.9% | +3.7% | +3.5% | −5.3% | −4.1% | −2.9% | +9.3% | +4.8% |
| 2022 | −5.4% | −3.8% | −1.1% | −7.2% | +1.3% | −10.0% | +5.4% | −5.0% | −11.6% | +5.6% | +11.8% | −3.6% |
| 2021 | +0.2% | +2.2% | +0.7% | +3.9% | +1.8% | +0.1% | +0.1% | +2.3% | −4.0% | +2.6% | −5.8% | +3.0% |
| 2020 | −3.5% | −7.4% | −17.2% | +10.6% | +7.5% | +4.1% | +5.5% | +5.5% | −1.9% | −1.3% | +14.3% | +7.0% |
| 2019 | — | — | — | — | — | — | — | — | +2.2% | +2.6% | +2.1% | +4.3% |
PIUCX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 13.68%
- 3-year Sharpe ratio: 0.85 (vs 4.5% risk-free rate)
- Best month: +9.31% (Nov 2023)
- Worst month: −9.48% (Mar 2026)
PIUCX Fund Flows
Monthly money in and out of Federated Hermes International Equity Fund, from SEC Form N-PORT.
- 12-month net flow: −$580.6M
- 12-month gross sales (incl. reinvestments): $201.0M
- Sales ÷ redemptions: 0.26×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $1.3M | $5.8M | −$4.4M |
| Apr 2026 | $1.0M | $6.3M | −$5.3M |
| Mar 2026 | $1.0M | $6.1M | −$5.1M |
| Feb 2026 | $1.5M | $27.4M | −$26.0M |
| Jan 2026 | $3.7M | $10.9M | −$7.2M |
| Dec 2025 | $158.5M | $83.9M | $74.6M |
| Nov 2025 | $2.0M | $59.3M | −$57.2M |
| Oct 2025 | $10.0M | $147.0M | −$137.0M |
| Sep 2025 | $5.9M | $92.9M | −$87.1M |
| Aug 2025 | $4.1M | $47.9M | −$43.7M |
| Jul 2025 | $4.6M | $93.0M | −$88.4M |
| Jun 2025 | $7.3M | $201.2M | −$193.9M |
PIUCX Assets Under Management
Net assets of Federated Hermes International Equity Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $185.40M |
| 2026-02-28 | $197.05M |
| 2025-11-30 | $283.85M |
| 2025-08-31 | $548.37M |
| 2025-05-31 | $839.53M |
| 2025-02-28 | $941.39M |
| 2024-11-30 | $1.07B |
| 2024-08-31 | $1.20B |
| 2024-05-31 | $1.32B |
| 2024-02-29 | $1.36B |
| 2023-11-30 | $1.32B |
| 2023-08-31 | $1.34B |
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.