Federated Hermes Strategic Value Dividend Fund
SVAIX
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
- Pittsburgh, PA 15222-3779 Pittsburgh PA United States of America 15222-3779
- IPO Date
- Mar 28, 2005
- CIK
- 0000745968
- Website
- federatedhermes.com
- Similar Companies
- Business
- Federated Hermes Strategic Value Dividend Fund (SVAIX) is an open-end mutual fund managed by Federated Hermes, Inc., focusing on total return through investment in dividend-paying U.S. companies with growth potential; it seeks high current income and capital appreciation by selecting undervalued equities with sustainable dividends, emphasizing financial services, consumer discretionary, industrials, and healthcare sectors. The fund offers Class A shares (SVAIX), along with institutional and service share classes such as SVISX and SVAEX, providing portfolio diversification across large-cap value stocks with a blend of income and growth strategies; it employs a bottom-up research process to identify companies with strong balance sheets, competitive advantages, and attractive dividend yields. Headquartered in Pittsburgh, Pennsylvania, Federated Hermes, the fund's sponsor founded in 1955, operates globally with offices in the U.S., Europe, and Asia, serving institutional and retail investors seeking income-oriented equity exposure. In recent developments, the fund benefited from Federated Hermes' strategic enhancements including the 2024 launch of expanded ESG integration frameworks across equity strategies and a key partnership with leading index providers for dividend-focused benchmarks; additionally, in late 2024, Federated Hermes announced portfolio manager transitions to bolster dividend sustainability amid market volatility, alongside a minor reorganization to optimize tax efficiency for shareholders. The fund targets long-term investors, including retirement plans and high-net-worth individuals, with assets under management exceeding $500 million as of mid-2025 and a geographic focus primarily on U.S. domestic equities.