Federated Hermes Emerging Markets Equity Fund Class Institutional NMFQS:PIEFX

Diversified Emerging Mkts | Federated

$22.30

↑ $0.01 (0.04%)

Last Updated: Feb 17, 2026

Fund Information

Fund Category Diversified Emerging Mkts

Fund Family Federated

Fund Style Large Growth

ISIN US31423A5983

CUSIP 31423A598

Inception Date 2017-03-31

Domicile United States

Country USA

Fiscal Year End May

NAV Chart

Fund Metrics

Net Assets $46.68 Million

Share Class Net Assets $45.75 Million

Expense Ratio 0.99%

Expense Ratio Date 2025-07-31

Dividend Yield 0.02%

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Performance

YTD Return 9.97%

1-Year Return 47.81%

3-Year Return 16.26%

5-Year Return 1.82%

NAV $22.30

Previous Close Price $22.29

Last Update 2025-12-31

Dividend Information

Dividend Yield 0.02%

Dividend (ttm) 0.17

Dividend Growth -58.12%

Payout Frequency Annual

Ex-Dividend Date n/a

Ratings

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Beta (5Y) 1.23

About Federated Hermes Emerging Markets Equity Fund Class Institutional

The fund may make significant investments in issuers located or doing business in a single country or geographic region. It may invest in securities across all market capitalizations, and it may invest a significant portion of its assets in companies of any one particular market capitalization category. The fund will invest its assets so that at least 80% of its net assets (plus any borrowing for investment purposes) are invested in equity securities of emerging market countries.

Detailed Metrics

Market Cap Distribution

AverageMarketCap 91134.77%

Giant 62.57%

Large 24.81%

Medium 6.76%

Micro 0.00%

Small 0.01%

Value & Growth Metrics

Book-Value Growth % 10.27%

Cash-Flow Growth % 17.16%

Dividend Yield % 1.50%

Historical Earnings % 25.20%

Long-Term Earnings % 14.23%

Asset Allocation

Type	Net %	Long %	Short %	Category Average	benchmark
Bond	0.00%	0.00%	0.00%	0.11%	0.00%
Cash	2.69%	2.69%	0.00%	2.08%	0.00%
Non US Stock	94.94%	94.94%	0.00%	96.33%	99.64%
Not Classified	0.00%	0.00%	0.00%	0.00%	0.00%
Other	0.00%	0.00%	0.00%	0.17%	0.00%
US Stock	2.36%	2.36%	0.00%	2.00%	0.36%

Top Holdings

Name	Weight	Owned	Change
Taiwan Semiconductor Manufacturing Co Ltd	11.56%	-	-
Tencent Holdings Ltd	8.95%	-	-
MercadoLibre Inc	5.37%	-	-
NU Holdings Ltd/Cayman Islands	3.93%	-	-
PB Fintech Ltd	3.75%	-	-
SAMSUNG ELECTRONICS CO LTD	3.75%	-	-
Alibaba Group Holding Ltd	5.33%	-	-
Federated Hermes Government Obligations Fund	3.89%	-	-
Zijin Mining Group Co Ltd	4.06%	-	-
Bank Central Asia Tbk PT	2.71%	-	-
Qifu Technology Inc	3.16%	-	-
Full Truck Alliance Co Ltd	3.01%	-	-
MediaTek Inc	2.53%	-	-
SK Hynix Inc	3.16%	-	-
Kuaishou Technology	2.83%	-	-

See the full breakdown of PIEFX fund's asset allocation and top holdings .

Sector Weights

Category	Subcategory	Amount %	Category Avg	Stocks %	Benchmark
Bond Sector	Cash and Equivalents	0.00%	92.23%	100.00%	0.00%
Bond Sector	Corporate	0.00%	0.21%	0.00%	0.00%
Bond Sector	Derivative	0.00%	0.84%	0.00%	0.00%
Bond Sector	Government	0.00%	3.94%	0.00%	0.00%
Bond Sector	Municipal	0.00%	0.44%	0.00%	0.00%
Bond Sector	Securitized	0.00%	2.34%	0.00%	0.00%
Cyclical	Basic Materials	6.89%	5.60%	0.00%	6.76%
Cyclical	Consumer Cyclical	17.18%	13.27%	0.00%	12.12%
Cyclical	Financial Services	14.74%	21.94%	0.00%	21.56%
Cyclical	Real Estate	1.69%	1.45%	0.00%	1.23%
Defensive	Consumer Defensive	2.12%	4.36%	0.00%	3.44%
Defensive	Healthcare	2.60%	3.17%	0.00%	3.25%
Defensive	Utilities	0.00%	1.57%	0.00%	2.60%
Sensitive	Communication Services	13.52%	9.60%	0.00%	8.90%
Sensitive	Energy	2.07%	3.70%	0.00%	4.19%
Sensitive	Industrials	8.30%	7.80%	0.00%	7.85%
Sensitive	Technology	30.90%	27.54%	0.00%	28.10%

World Regions

Region	Subregion	Category Average	Stocks Percent	Benchmark
Americas	Latin America	11.20%	8.65%	6.27%
Americas	North America	2.24%	2.43%	0.36%
Greater Asia	Asia Developed	31.85%	27.79%	33.12%
Greater Asia	Asia Emerging	43.61%	53.87%	49.02%
Greater Asia	Australasia	0.02%	-	0.01%
Greater Asia	Japan	0.05%	-	-
Greater Europe	Africa/Middle East	6.58%	5.97%	9.65%
Greater Europe	Europe Developed	1.76%	-	0.63%
Greater Europe	Europe Emerging	2.21%	0.64%	0.93%
Greater Europe	United Kingdom	0.48%	0.65%	-

Dividend History

Date	Amount	Unadjusted Amount	Currency	Declaration Date	Record Date	Payment Date	Period
2024-12-23	$0.170	$0.170	USD	-	-	-	-
2023-12-21	$0.086	$0.086	USD	-	2023-12-20	2023-12-22	Annual
2022-12-22	$0.130	$0.130	USD	2022-12-22	2022-12-21	2022-12-23	Annual
2019-12-26	$0.053	$0.053	USD	2019-12-26	2019-12-24	2019-12-27	Annual
2018-12-20	$0.018	$0.018	USD	2018-12-20	2018-12-19	2018-12-21	Other
2017-12-21	$0.028	$0.028	USD	2017-12-21	2017-12-20	2017-12-22	Other

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