The Federated Hermes Strategic Value Dividend Fund Class A (SVAAX) is a mutual fund that focuses on investing in dividend-paying stocks with strong value potential. This fund is managed by Federated Hermes, a leading investment management firm, and aims to provide investors with a steady stream of income through dividends while also seeking long-term capital appreciation. With a focus on strategic value investing, this fund carefully selects stocks that are undervalued and have the potential for growth. The Class A shares of this fund are designed for individual investors and have a lower expense ratio compared to other share classes. Overall, SVAAX offers a balanced approach to investing, combining the benefits of dividend income and value investing for potential long-term returns.
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