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Federated Hermes Equity Income Fund Class A Shares: (MF: LEIFX)
(NASDAQ Mutual Funds) As of Jun 25, 2024 08:00 PM ET
$23.92 USD
-0.25 (-1.03%)
Zacks MF Rank
1-Strong Buy of 5 1
Fund Description
The fund was incepted in December 1986 and is managed by Federated Investment Management Company. The fund's investment objective is to provide above average income and capital appreciation. The fund invests primarily in income-producing equity securities, including securities that are convertible into common stocks. The fund ordinarily selects securities that have a comparatively low volatility in share price relative to the overall equity market and which may provide relatively high dividend income, but may also select securities of companies that offer superior growth prospects. The fund offers dividends monthly and capital gains annually.
Load Information
| Ticker | Max Load % |
Deferred Load % |
Red. Fee % |
12B-1 Fee % |
Mgmt Fee % |
Expense Ratio % |
|
|---|---|---|---|---|---|---|---|
| Federated Hermes Equity Income A | LEIFX | 5.50 | NA | 0.00 | 0.00 | 0.60 | 0.03 |
Return Data
| Ticker | Nav | Inception Date | % yield | 1 year return | 2 year return | 3 year return | |
|---|---|---|---|---|---|---|---|
| Federated Equity Income A | LEIFX | 23.92 | 12/30/1986 | 0.28 | 22.18 | 4.06 | 10.12 |
| Federated Equity Income C | LEICX | 23.70 | 5/4/1993 | 0.09 | 21.22 | 3.25 | 9.28 |
| Federated Equity Income F | LFEIX | 23.96 | 11/12/1993 | 0.21 | 21.81 | 3.77 | 9.83 |
| Federated Equity Income IS | LEISX | 23.93 | 3/30/2012 | 0.38 | 22.49 | 4.30 | 10.38 |
Investment Information
| Ticker | Minimum Initial Investment ($) | Minimum Subsequent Investment ($) | Minimum Initial IRA ($) | Dividend Frequency | |
|---|---|---|---|---|---|
| Federated Hermes Equity Income A | LEIFX | 1500 | 100 | 250 | M |
Contact Information
| Family | Federated |
| Address | 1001 Liberty Ave. Pittsburgh, PA 15222 |
| Phone | 800 341-7400 |