# EDGAR Filing Document

**Accession Number:** 0001707560
**File Stem:** 0001623632-26-000083
**Filing Date:** 2026-1
**Character Count:** 4597
**Document Hash:** 2603558fd57e70ea8412f13a4df6cbc6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001623632-26-000083.hdr.sgml**: 20260122

**ACCESSION NUMBER**: 0001623632-26-000083

**CONFORMED SUBMISSION TYPE**: 497K

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20260122

**DATE AS OF CHANGE**: 20260122

**EFFECTIVENESS DATE**: 20260122

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Federated Hermes Adviser Series
- **CENTRAL INDEX KEY:** 0001707560

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** 497K
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-218374
- **FILM NUMBER:** 26549923

**BUSINESS ADDRESS:**
- **STREET 1:** 4000 ERICSSON DRIVE
- **CITY:** WARRENDALE
- **STATE:** PA
- **ZIP:** 15086-7561
- **BUSINESS PHONE:** 1-800-341-7400

**MAIL ADDRESS:**
- **STREET 1:** 4000 ERICSSON DRIVE
- **CITY:** WARRENDALE
- **STATE:** PA
- **ZIP:** 15086-7561

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Federated Adviser Series
- **DATE OF NAME CHANGE:** 20200616

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Federated Hermes Adviser Series
- **DATE OF NAME CHANGE:** 20200615

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Federated Adviser Series
- **DATE OF NAME CHANGE:** 20180820

## Series and Classes Contracts Data

### Federated Hermes International Growth Fund (Series ID: S000066203)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000213948 | Class C Shares       |  |
| C000213949 | Institutional Shares | PIGDX           |
| C000213950 | Class R6 Shares      | REIGX           |
| C000213951 | Class A Shares       |  |

Important Notice Regarding Change in

Investment Policy

Federated Hermes International Growth Fund

**A Portfolio of Federated Hermes Adviser Series**

**INSTITUTIONAL SHARES (TICKER PIGDX)** <br>**CLASS R6 SHARES (TICKER REIGX)**

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**SUPPLEMENT TO CURRENT SUMMARY PROSPECTUS, PROSPECTUS AND STATEMENT OF ADDITIONAL INFORMATION** 

The Board of Trustees of Federated Hermes Adviser Series has approved a change in non-fundamental investment policy for the Federated Hermes International Growth Fund (the "Fund") in connection with amendments adopted by the Securities and Exchange Commission (the "SEC") to Rule 35d-1 (the "Rule") under the Investment Company Act of 1940, as amended. The change in policy will become effective concurrent with the effective date of the Fund's next registration statement which is anticipated to be July 29, 2026 unless the SEC postpones, delays, reconsiders or repeals the amendments to the Rule in which case shareholders will be further notified (the "Effective Date"). The change in policy is not expected to result in any changes to the investment process used in managing the Fund and is being made to comply with the requirements of the amendments to the Rule.

On the Effective Date, please make the following changes:

1. Under "**Fund Summary Information**" in the section "**What are the Fund's Main Investment Strategies?**" and in the Prospectus section "**What are the Fund's Investment Strategies?**," please add the following disclosure as the new fifth and seventh paragraphs, respectively:

"Under normal circumstances, the Fund will invest its assets so that at least 80% of its net assets (plus any borrowings for investment purposes) are invested in growth investments. Growth investments are defined as securities that are either within the MSCI ACWI ex USA Growth Index or with earnings growth characteristics within the range of companies in the MSCI ACWI ex USA Growth Index."

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2. Under the Statement of Additional Information section "**Investment Objective and Investment Limitations**," please add the following new sub-section immediately after "**Additional Information**":

**"Non-Fundamental Names Rule Policy**

Under normal circumstances, the Fund will invest its assets so that at least 80% of its net assets (plus any borrowings for investment purposes) are invested in growth investments. Growth investments are defined as securities that are either within the MSCI ACWI ex USA Growth Index or with earnings growth characteristics within the range of companies in the MSCI ACWI ex USA Growth Index."

January 22, 2026

![](fhilogok11p.jpg)

Federated Hermes International Growth Fund <br>Federated Hermes Funds <br>4000 Ericsson Drive <br> Warrendale, PA 15086-7561

Contact us at **FederatedHermes.com/us** <br>or call 1-800-341-7400.

Federated Securities Corp., Distributor

*Q457181 (1/26)*© 2026 Federated Hermes, Inc.

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