PIUIX Performance — Federated Hermes International Equity Fund, Institutional Shares
Data updated: 2026-08-11
PIUIX returned +13.00% year to date and +25.91% over one year to May 2026. Annualised returns are +17.40% over 3 years and +5.40% over 5 years. The fund trailed its International Multi-Cap Blend category average: $100 invested three years ago grew to $162, against $170 for the category, and to $126 over one year, against $126. Volatility over the past three years was 13.66% a year. In the 12 months to May 2026 the fund lost a net $580.6M, and assets reached $185.40M.
PIUIX 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 | PIUIX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $126 | $126 |
| 3 years (Jun 2023 – May 2026) | $162 | $170 |
| 5 years (Jun 2021 – May 2026) | $130 | $153 |
| Since data start (Sep 2019 – May 2026) | $195 | $206 |
PIUIX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +13.00% |
| 1 year | +25.91% |
| 3 years (annualised) | +17.40% |
| 5 years (annualised) | +5.40% |
PIUIX 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) | +13.00% |
| 2025 | +27.20% |
| 2024 | +3.22% |
| 2023 | +14.56% |
| 2022 | −22.40% |
| 2021 | +8.00% |
| 2020 | +21.78% |
| 2019 (Sep–Dec) | +12.21% |
PIUIX 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% | +3.9% | −9.3% | +8.3% | +3.9% | — | — | — | — | — | — | — |
| 2025 | +4.5% | +0.9% | −0.4% | +3.2% | +5.3% | +3.4% | −1.9% | +3.8% | +3.6% | +0.1% | +0.1% | +2.0% |
| 2024 | −0.3% | +3.0% | +2.8% | −2.3% | +4.6% | −1.1% | +2.3% | +2.6% | −0.4% | −4.2% | +0.8% | −4.0% |
| 2023 | +8.5% | −3.5% | +2.8% | +0.5% | −2.9% | +3.8% | +3.7% | −5.2% | −4.0% | −2.8% | +9.4% | +4.9% |
| 2022 | −5.3% | −3.7% | −1.0% | −7.1% | +1.4% | −9.9% | +5.5% | −4.9% | −11.5% | +5.6% | +12.0% | −3.5% |
| 2021 | +0.3% | +2.3% | +0.7% | +4.0% | +1.9% | +0.1% | +0.2% | +2.4% | −3.9% | +2.8% | −5.8% | +3.1% |
| 2020 | −3.5% | −7.3% | −17.1% | +10.7% | +7.6% | +4.2% | +5.6% | +5.6% | −1.9% | −1.2% | +14.4% | +7.1% |
| 2019 | — | — | — | — | — | — | — | — | +2.3% | +2.7% | +2.2% | +4.5% |
PIUIX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 13.66%
- 3-year Sharpe ratio: 0.94 (vs 4.5% risk-free rate)
- Best month: +9.37% (Nov 2023)
- Worst month: −9.33% (Mar 2026)
PIUIX 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 |
PIUIX 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.