Share
Class | Ticker |
Institutional | PIGDX |
R6 | REIGX |
|
|
|
IS |
R6 |
Maximum
Sales Charge (Load) Imposed on Purchases (as a percentage of offering
price) |
|
|
Maximum
Deferred Sales Charge (Load) (as a percentage of original purchase price
or redemption proceeds, as applicable) |
|
|
Maximum
Sales Charge (Load) Imposed on Reinvested Dividends (and other
Distributions) (as a percentage of offering price) |
|
|
Redemption
Fee (as a percentage of amount redeemed, if
applicable) |
|
|
Exchange
Fee |
|
|
IS |
R6 |
Management
Fee |
|
|
Distribution
(12b-1) Fee |
|
|
Other
Expenses |
|
|
Total
Annual Fund Operating Expenses |
|
|
Fee
Waivers and/or Expense Reimbursements2 |
( |
( |
Total
Annual Fund Operating Expenses After Fee Waivers and/or Expense
Reimbursements |
|
|
Share
Class |
1
Year |
3
Years |
5
Years |
10
Years |
IS |
$ |
$ |
$ |
$ |
R6 |
$ |
$ |
$ |
$ |
|
1
Year |
5
Year |
Since
Inception |
IS: |
|
|
|
Inception
Date: |
|
|
|
Return
Before Taxes |
|
|
|
Return
After Taxes on Distributions |
|
|
|
Return
After Taxes on Distributions and Sale of Fund Shares |
|
|
|
R6: |
|
|
|
Inception
Date: |
|
|
|
Return
Before Taxes |
|
|
|
MSCI
ACWI ex USA Index1 |
|
|
|
MSCI
ACWI ex USA Growth Index2
(reflects
no deduction for fees, expenses or taxes) |
|
|
|
Morningstar
Foreign Large Growth Funds Average3 |
|
|
|
|
Year
Ended May 31, | ||||
|
2024 |
2023 |
2022 |
2021 |
2020 |
Net
Asset Value, Beginning of Period |
$13.19 |
$14.26 |
$18.70 |
$13.02 |
$11.87 |
Income
From Investment Operations: |
|
|
|
|
|
Net
investment income2 |
0.07 |
0.13 |
0.08 |
0.09 |
0.03 |
Net
realized and unrealized gain (loss) |
1.70 |
(0.94) |
(3.80) |
6.39 |
1.73 |
TOTAL
FROM INVESTMENT OPERATIONS |
1.77 |
(0.81) |
(3.72) |
6.48 |
1.76 |
Less
Distributions: |
|
|
|
|
|
Distributions
from net investment income |
(0.17) |
(0.15) |
(0.05) |
(0.01) |
(0.08) |
Distributions
from net realized gain |
— |
(0.11) |
(0.67) |
(0.79) |
(0.53) |
TOTAL
DISTRIBUTIONS |
(0.17) |
(0.26) |
(0.72) |
(0.80) |
(0.61) |
Net
Asset Value, End of Period |
$14.79 |
$13.19 |
$14.26 |
$18.70 |
$13.02 |
Total
Return3 |
13.56% |
(5.64)% |
(20.70)% |
50.28% |
14.78% |
Ratios
to Average Net Assets: |
|
|
|
|
|
Net
expenses4 |
0.84%5 |
0.84% |
0.84% |
0.84% |
0.85% |
Net
investment income |
0.53% |
1.00% |
0.47% |
0.51% |
0.21% |
Expense
waiver/reimbursement6 |
0.08% |
0.07% |
0.09% |
0.36% |
5.10% |
Supplemental
Data: |
|
|
|
|
|
Net
assets, end of period (000 omitted) |
$699,137 |
$714,886 |
$749,120 |
$835,694 |
$5,094 |
Portfolio
turnover7 |
37% |
46% |
47% |
89% |
70% |
1 |
PNC
International Growth Fund (the “Predecessor Fund”) was reorganized into
the Fund as of the close of business on November 15, 2019. The Fund is the
successor
to the Predecessor Fund. The performance information and financial
information presented incorporates the operations of the Predecessor Fund,
which,
as a result of the reorganization, are the Fund’s
operations. |
2 |
Per
share numbers have been calculated using the average shares
method. |
3 |
Based
on net asset value. |
4 |
Amount
does not reflect net expenses incurred by investment companies in which
the Fund may invest. |
5 |
The
net expense ratios are calculated without reduction for expense offset
arrangements. The net expense is 0.84% for the year ended May 31, 2024,
after taking
into
account this expense reduction. |
6 |
This
expense decrease is reflected in both the net expense and the net
investment income ratios shown above. Amount does not reflect expense
waiver/
reimbursement
recorded by investment companies in which the Fund may
invest. |
7 |
Securities
that mature are considered sales for purposes of this
calculation. |
|
Year
Ended May 31, |
Period
Ended
5/31/20221 | |
|
2024 |
2023 | |
Net
Asset Value, Beginning of Period |
$13.20 |
$14.26 |
$20.05 |
Income
From Investment Operations: |
|
|
|
Net
investment income2 |
0.07 |
0.12 |
0.12 |
Net
realized and unrealized gain (loss) |
1.70 |
(0.92) |
(5.19) |
TOTAL
FROM INVESTMENT OPERATIONS |
1.77 |
(0.80) |
(5.07) |
Less
Distributions: |
|
|
|
Distributions
from net investment income |
(0.17) |
(0.15) |
(0.05) |
Distributions
from net realized gain |
— |
(0.11) |
(0.67) |
TOTAL
DISTRIBUTIONS |
(0.17) |
(0.26) |
(0.72) |
Net
Asset Value, End of Period |
$14.80 |
$13.20 |
$14.26 |
Total
Return3 |
13.55% |
(5.57)% |
(26.04)% |
Ratios
to Average Net Assets: |
|
|
|
Net
expenses4 |
0.83%5 |
0.83% |
0.83%6 |
Net
investment income |
0.53% |
0.95% |
0.92%6 |
Expense
waiver/reimbursement7 |
0.08% |
0.06% |
0.12%6 |
Supplemental
Data: |
|
|
|
Net
assets, end of period (000 omitted) |
$619 |
$619 |
$279 |
Portfolio
turnover8 |
37% |
46% |
47%9 |
1 |
Reflects
operations for the period from August 26, 2021 (commencement of
operations) to May 31, 2022. |
2 |
Per
share numbers have been calculated using the average shares
method. |
3 |
Based
on net asset value. Total returns for periods of less than one year are
not annualized. |
4 |
Amount
does not reflect net expenses incurred by investment companies in which
the Fund may invest. |
5 |
The
net expense ratios are calculated without reduction for expense offset
arrangements. The net expense is 0.83% for the year ended May 31, 2024,
after taking
into
account this expense reduction. |
6 |
Computed
on an annualized basis. |
7 |
This
expense decrease is reflected in both the net expense and the net
investment income ratios shown above. Amount does not reflect expense
waiver/
reimbursement
recorded by investment companies in which the Fund may
invest. |
8 |
Securities
that mature are considered sales for purposes of this
calculation. |
9 |
Portfolio
turnover is calculated at the Fund level. Percentage indicated was
calculated for the fiscal year ended May 31,
2022. |
FEDERATED
HERMES INTERNATIONAL GROWTH FUND - IS CLASS | |||||
ANNUAL
EXPENSE RATIO: 0.93% | |||||
MAXIMUM
FRONT-END SALES CHARGE: NONE | |||||
Year |
Hypothetical
Beginning
Investment |
Hypothetical
Performance
Earnings |
Investment
After
Returns |
Hypothetical
Expenses |
Hypothetical
Ending
Investment |
1 |
$10,000.00 |
$500.00 |
$10,500.00 |
$94.89 |
$10,407.00 |
2 |
$10,407.00 |
$520.35 |
$10,927.35 |
$98.75 |
$10,830.56 |
3 |
$10,830.56 |
$541.53 |
$11,372.09 |
$102.77 |
$11,271.36 |
4 |
$11,271.36 |
$563.57 |
$11,834.93 |
$106.96 |
$11,730.10 |
5 |
$11,730.10 |
$586.51 |
$12,316.61 |
$111.31 |
$12,207.52 |
6 |
$12,207.52 |
$610.38 |
$12,817.90 |
$115.84 |
$12,704.37 |
7 |
$12,704.37 |
$635.22 |
$13,339.59 |
$120.56 |
$13,221.44 |
8 |
$13,221.44 |
$661.07 |
$13,882.51 |
$125.46 |
$13,759.55 |
9 |
$13,759.55 |
$687.98 |
$14,447.53 |
$130.57 |
$14,319.56 |
10 |
$14,319.56 |
$715.98 |
$15,035.54 |
$135.88 |
$14,902.37 |
Cumulative |
|
$6,022.59 |
|
$1,142.99 |
|
FEDERATED
HERMES INTERNATIONAL GROWTH FUND - R6 CLASS | |||||
ANNUAL
EXPENSE RATIO: 0.92% | |||||
MAXIMUM
FRONT-END SALES CHARGE: NONE | |||||
Year |
Hypothetical
Beginning
Investment |
Hypothetical
Performance
Earnings |
Investment
After
Returns |
Hypothetical
Expenses |
Hypothetical
Ending
Investment |
1 |
$10,000.00 |
$500.00 |
$10,500.00 |
$93.88 |
$10,408.00 |
2 |
$10,408.00 |
$520.40 |
$10,928.40 |
$97.71 |
$10,832.65 |
3 |
$10,832.65 |
$541.63 |
$11,374.28 |
$101.69 |
$11,274.62 |
4 |
$11,274.62 |
$563.73 |
$11,838.35 |
$105.84 |
$11,734.62 |
5 |
$11,734.62 |
$586.73 |
$12,321.35 |
$110.16 |
$12,213.39 |
6 |
$12,213.39 |
$610.67 |
$12,824.06 |
$114.66 |
$12,711.70 |
7 |
$12,711.70 |
$635.59 |
$13,347.29 |
$119.33 |
$13,230.34 |
8 |
$13,230.34 |
$661.52 |
$13,891.86 |
$124.20 |
$13,770.14 |
9 |
$13,770.14 |
$688.51 |
$14,458.65 |
$129.27 |
$14,331.96 |
10 |
$14,331.96 |
$716.60 |
$15,048.56 |
$134.54 |
$14,916.70 |
Cumulative |
|
$6,025.38 |
|
$1,131.28 |
|