Federated Hermes International Growth Fund Class IS
PIGDX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- PNC Capital Advisors, LLC Baltimore MD United States of America 21202
- IPO Date
- Feb 29, 2016
- CIK
- 0001707560
- Website
- federatedhermes.com
- Similar Companies
- Business
- Federated Hermes International Growth Fund Class IS (PIGDX) is an open-end mutual fund that seeks long-term capital appreciation by investing primarily in a portfolio of equity securities tied economically to countries throughout the world, typically in three or more nations outside the United States; it pursues growth-oriented stocks across large, mid, and small capitalizations in both developed and emerging markets, with allocations including technology, financial services, healthcare, industrials, and consumer cyclical sectors; the fund holds diversified positions such as Tencent Holdings Ltd., Taiwan Semiconductor Manufacturing Co. Ltd., MercadoLibre Inc., and SAP SE, alongside cash equivalents like Federated Hermes Govt Obl Premier. Launched on February 29, 2016, and domiciled in the United States with institutional shares requiring a $1,000,000 minimum initial investment, the fund is managed by Federated Hermes, Inc., headquartered in Pittsburgh, Pennsylvania, and operates globally with a focus on non-U.S. stocks (approximately 88% of assets), spanning regions like emerging Asia, the Eurozone, Japan, developed Asia, and Europe ex-Euro. In a significant reorganization on November 15, 2019, the fund succeeded the PNC International Growth Fund, a portfolio of PNC Funds, adopting its predecessor's investment objective, strategies, policies, and management team while inheriting historical performance data; the portfolio underwent a recent manager addition with Michael Czekaj joining Martin Schulz and Calvin Zhang effective July 31, 2024; as of late 2025, the fund maintains total net assets of approximately $496 million, a net expense ratio of 0.85%, and recent quarterly returns of +6.1% for the period ending September 30, 2025, amid ongoing voluntary expense waivers through at least August 1, 2026. The fund targets institutional investors seeking international growth exposure, emphasizing high-growth equities subject to risks including currency fluctuations, political instability, emerging market volatility, and growth stock valuations, with no front-end or deferred loads and daily pricing.