International Strategic Value Dividend Fund

International Strategic Value Dividend Fund R6Mutual FundsForeign Large Cap


$465.5 Million
YTD Return NAV
Globe planet icon.
Expenses  †
Expenses  †

Seeks income and long-term capital appreciation by investing primarily in equity securities of companies based in countries outside of the United States, consisting principally of high dividend-paying stocks with dividend growth potential.

Key Facts - Part 1
Symbol International Strategic Value Dividend Fund R6
Benchmark Morgan Stanley Capital International World ex United States High Dividend Yield Index
Key Facts - Part 2
Fund Number(s)
CUSIP 31421N824
Performance Incp. Date
Foreign Large Value
Morningstar Style Box
Value Blend Growth  
Global Diversification
Daniel Peris, Ph.D., CFA
Senior Vice President
Senior Portfolio Manager, Head of Strategic Value Dividend Team

joined Federated
19 years of experience
Deborah Bickerstaff
Vice President
Portfolio Manager

joined Federated
22 years of experience
Jared Hoff
Vice President
Portfolio Manager

joined Federated
17 years of experience
Michael Tucker
Vice President
Portfolio Manager

joined Federated
25 years of experience





Distributions and Taxes


† The funds expense ratio is from the most recent prospectus. The expense ratio may reflect voluntary fee waivers and/or expense reimbursements determined by the funds Advisor and its affiliates. The voluntary waivers and/or reimbursements, if applicable, are in effect up to but not including the later of 02/01/2020 or the date of the funds next effective prospectus.

The fund's R6 Shares commenced operations on January 27, 2017. For the period prior to the commencement of operations of the R6 Shares, the performance information shown is for Institutional Shares, adjusted to remove any voluntary waiver of fundrelated to the fund's Institutional Shares that occurred during the period prior to the commencement of operations of the fund's R6 shares.

Total returns for periods of less than one year are cumulative.

Total return may have been lower in the absence of temporary expense waivers or reimbursements.

International investing involves special risks including currency risk, increased volatility, political risks, and differences in auditing and other financial standards.

There are no guarantees that dividend-paying stocks will continue to pay dividends. In addition, dividend-paying stocks may not experience the same capital appreciation potential as non-dividend-paying stocks.

Because the fund may allocate relatively more assets to certain industry sectors than others, the fund's performance may be more susceptible to any developments which affect those sectors emphasized by the fund.

After-tax returns are calculated using a standard set of assumptions. Actual after-tax returns depend on each investor’s personal tax situation, and are likely to differ from those shown. The stated returns assume the highest historical federal income and capital gains tax rates, but do not reflect the effect of any applicable state and local taxes. Return After Taxes on Distributions assumes a continued investment in the fund and shows the effect of taxes on fund distributions. Return After Taxes on Distribution and Sale of Fund Shares assumes all shares were redeemed at the end of each measurement period, and shows the effect of any taxable gain (or offsetting loss) on redemption, as well as the effects of taxes on fund distributions. After-tax returns are not relevant to investors holding shares through tax-deferred programs, such as IRA, 401(k) plans. The after-tax average annual total returns are based on the 37% tax bracket and include the 3.8% tax on net investment income.

Mutual funds are subject to risks and fluctuate in value.

Product classifications noted at the top are Federated's internal classifications.

The holdings percentages are based on net assets at the close of business on the date above, and may not necessarily reflect adjustments that are routinely made when presenting net assets for formal financial statement purposes. Because this is a managed portfolio, the investment mix will change.

Current and future portfolio holdings are subject to risk.

Weighted average dividend yield is based on the current yields of the individual securities within the portfolio, weighted for their respective share of the overall portfolio.

Investors should carefully consider the fund's investment objectives, risks, charges and expenses before investing. To obtain a summary prospectus or prospectus containing this and other information, contact us or view the prospectus provided on this website. Please carefully read the summary prospectus or prospectus before investing.

Federated Securities Corp., Distributor

Not FDIC Insured
May Lose Value
No Bank Guarantee