FDV

Federated Hermes U.S. Strategic Dividend ETF

$28.49
+0.00%
Market closed. Last update: 10:52 PM ET

📎 Investment Objective

The Federated Hermes U.S. Strategic Dividend ETF seeks to provide current income and long-term capital appreciation by investing in a portfolio of U.S. dividend-paying stocks.

Overview

ETF tracking Federated Hermes U.S. Strategic Dividend ETF

Category Value
Issuer Other
Inception Date 2022-11-16
Market Cap $453.0M
Average Volume N/A
Dividend Yield 2.31%
52-Week Range $25.02 - $28.91
VWAP $28.53

Performance

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Investment Summary

📎 Investment Objective

The Federated Hermes U.S. Strategic Dividend ETF seeks to provide current income and long-term capital appreciation by investing in a portfolio of U.S. dividend-paying stocks.

🎯 Investment Strategy

The ETF invests primarily in common stocks of U.S. companies that the fund's investment manager believes are undervalued and have the potential for dividend growth. The fund uses a value-oriented investment approach to identify companies with sustainable competitive advantages, strong cash flows, and attractive valuations.

✨ Key Features

  • Focuses on U.S. dividend-paying stocks with a value orientation
  • Aims to provide current income and long-term capital appreciation
  • Utilizes a fundamental, bottom-up investment process to identify undervalued companies
  • Diversified portfolio across sectors and market capitalizations

⚠️ Primary Risks

  • Market risk: The value of the fund's holdings may decline due to general market conditions
  • Dividend risk: Companies may reduce or eliminate dividend payments, impacting the fund's income
  • Value investing risk: The fund's value-oriented approach may underperform growth-oriented strategies
  • Concentration risk: The fund may have significant exposure to certain sectors or industries

👤 Best For

This ETF may be suitable for long-term investors seeking a portfolio of U.S. dividend-paying stocks with a value orientation. It may be appropriate for investors looking to generate current income and achieve long-term capital appreciation, while being willing to accept the risks associated with investing in the stock market.