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Federated Hermes U.S. Strategic Dividend ETF (FDV)

24.16 +0.32 (+1.36%)
At close: 4:00 PM EDT

ETF Summary

The fund pursues its investment objective by investing primarily in high dividend-paying common stocks of U.S. issuers with dividend growth potential. The Advisor intends to invest exclusively in U.S. issuers (i.e., companies domiciled and/or with operations in the United States, or listed on U.S.-based exchanges), and generally invests in large-cap or mid-cap stocks.

ETF Overview

Category Large Value
Fund Family Federated
Net Assets 92.76M
YTD Daily Total Return 0.09%
Yield 3.35%
Legal Type Exchange Traded Fund

ETF Operations

Attributes FDV Category Average
Annual Report Expense Ratio (net) 0.50% 0.90%
Holdings Turnover 35.00% 54.97%
Total Net Assets 63,798.43 63,798.43

Morningstar Style Box

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Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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