# EDGAR Filing Document

**Accession Number:** 0000745968
**File Stem:** 0001145549-25-046972
**Filing Date:** 2025-7
**Character Count:** 21083
**Document Hash:** 435d1098be36bd87846b10723aa49cb0
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-25-046972.hdr.sgml**: 20250722

**ACCESSION NUMBER**: 0001145549-25-046972

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250722

**DATE AS OF CHANGE**: 20250722

**PERIOD START**: 20251130

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Federated Hermes Equity Funds
- **CENTRAL INDEX KEY:** 0000745968

**ORGANIZATION NAME:**
- **EIN:** 251470423
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04017
- **FILM NUMBER:** 251139163

**BUSINESS ADDRESS:**
- **STREET 1:** 4000 ERICSSON DRIVE
- **CITY:** WARRENDALE
- **STATE:** PA
- **ZIP:** 15086-7561
- **BUSINESS PHONE:** 8003417400

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

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FEDERATED EQUITY FUNDS
- **DATE OF NAME CHANGE:** 20200616

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FEDERATED HERMES EQUITY FUNDS
- **DATE OF NAME CHANGE:** 20200615

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FEDERATED EQUITY FUNDS
- **DATE OF NAME CHANGE:** 19950810

## Series and Classes Contracts Data

### Federated Hermes International Strategic Value Dividend Fund (Series ID: S000022420)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000064507 | Class A Shares       | IVFAX           |
| C000064508 | Class C Shares       | IVFCX           |
| C000064509 | Institutional Shares | IVFIX           |
| C000181876 | Class R6 Shares      | IVFLX           |
| C000188318 | Class T Shares       |  |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Federated Hermes Equity Funds

- **b. Investment Company Act file number:** 811-04017

- **c. CIK number of Registrant:** 0000745968

- **d. LEI of Registrant:** 254900QLYYRKC7NVWP04

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** Federated Hermes Funds

  - **City:** Warrendale

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 15086-7561

  - **Telephone number:** 8003417400

**Item A.2. Information about the Series.**

- **a. Name of Series:** Federated Hermes International Strategic Value Dividend Fund

- **b. EDGAR series identifier (if any):** S000022420

- **c. LEI of Series:** VG6DFJN61UVGNFH7RV88

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-11-30

- **b. Date as of which information is reported:** 2025-05-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $801272790.08

**Total Liabilities:** $13818357.02

**Net Assets:** $787454433.06

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000064507 | 3.89%                | 4.81%                | 2.19%                |
| Class ID C000064508 | 3.60%                | 4.80%                | 2.15%                |
| Class ID C000064509 | 3.90%                | 4.82%                | 2.21%                |
| Class ID C000181876 | 3.91%                | 4.83%                | 2.22%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $3125004.09              | $18419359.82                               |
| Month 2  | $-128345.53              | $32218643.92                               |
| Month 3  | $7454777.12              | $3438441.07                                |

### Schedule of Portfolio Investments

| Name                                         | Title                                                     | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Munich Re                                    | Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen | CUSIP: 000000000<br>LEI: 529900MUF4C20K50JS49 | Long             | EC               | CORP              | DE        |     14900 | NS      | $9665813.65   | 1.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Pembina Pipeline Corp                        | Pembina Pipeline Corp                                     | CUSIP: 706327103<br>LEI: 5493002W3L9YICM6FU21 | Long             | EC               | CORP              | CA        |    411800 | NS      | $15432560.21  | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Telefonica Brasil SA                         | Telefonica Brasil SA                                      | CUSIP: 000000000<br>LEI: 529900MTGG2HSDBIWG79 | Long             | EC               | CORP              | BR        |   2908700 | NS      | $14575284.90  | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| TC Energy Corp                               | TC Energy Corp                                            | CUSIP: 87807B107<br>LEI: 549300UGKOFV2IWJJG27 | Long             | EC               | CORP              | CA        |    420925 | NS      | $21329197.73  | 2.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Zurich Insurance Group AG                    | ZURICH INSURANCE GROUP AG                                 | CUSIP: 000000000<br>LEI: 529900QVNRBND50TXP03 | Long             | EC               | CORP              | CH        |     26230 | NS      | $18476025.99  | 2.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Takeda Pharmaceutical Co Ltd                 | Takeda Pharmaceutical Co Ltd                              | CUSIP: 000000000<br>LEI: 549300ZLMVP4X0OGR454 | Long             | EC               | CORP              | JP        |    706925 | NS      | $21237047.40  | 2.70%             |  |  |  | No            |                  2 | On Loan: No      |
| Roche Holding AG                             | Roche Holding AG                                          | CUSIP: 000000000<br>LEI: 549300U41AUUVOAAOB37 | Long             | EC               | CORP              | CH        |     29400 | NS      | $9533889.56   | 1.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Michelin                                     | Cie Generale des Etablissements Michelin SCA              | CUSIP: 000000000<br>LEI: 549300SOSI58J6VIW052 | Long             | EC               | CORP              | FR        |    484200 | NS      | $18525177.06  | 2.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Nordea Bank Abp                              | Nordea Bank Abp                                           | CUSIP: 000000000<br>LEI: 529900ODI3047E2LIV03 | Long             | EC               | CORP              | FI        |    839800 | NS      | $12213578.05  | 1.55%             |  |  |  | No            |                  2 | On Loan: No      |
| Danone SA                                    | Danone SA                                                 | CUSIP: 000000000<br>LEI: 969500KMUQ2B6CBAF162 | Long             | EC               | CORP              | FR        |     67500 | NS      | $5766614.71   | 0.73%             |  |  |  | No            |                  2 | On Loan: No      |
| Federated Hermes Government Obligations Fund | Federated Hermes Government Obligations Fund              | CUSIP: 608919718<br>LEI: 254900VAJ9169N7JRF45 | Long             | STIV             | RF                | US        |   5462643 | NS      | $5462642.52   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Sanofi SA                                    | Sanofi                                                    | CUSIP: 000000000<br>LEI: 549300E9PC51EN656011 | Long             | EC               | CORP              | FR        |    326381 | NS      | $32247929.72  | 4.10%             |  |  |  | No            |                  2 | On Loan: No      |
| CIBC                                         | Canadian Imperial Bank of Commerce                        | CUSIP: 136069101<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | EC               | CORP              | CA        |    164110 | NS      | $11172658.07  | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Unilever PLC                                 | Unilever PLC                                              | CUSIP: 000000000<br>LEI: 549300MKFYEKVRWML317 | Long             | EC               | CORP              | GB        |    266800 | NS      | $16992301.74  | 2.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Elisa Oyj                                    | Elisa Oyj                                                 | CUSIP: 000000000<br>LEI: 743700TU2S3DXWGU7H32 | Long             | EC               | CORP              | FI        |    409440 | NS      | $21619440.64  | 2.75%             |  |  |  | No            |                  2 | On Loan: No      |
| GSK PLC                                      | GSK PLC                                                   | CUSIP: 000000000<br>LEI: 5493000HZTVUYLO1D793 | Long             | EC               | CORP              | GB        |   1310300 | NS      | $26688339.95  | 3.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Enel SpA                                     | Enel SpA                                                  | CUSIP: 000000000<br>LEI: WOCMU6HCI0OJWNPRZS33 | Long             | EC               | CORP              | IT        |   2307100 | NS      | $21192842.23  | 2.69%             |  |  |  | No            |                  2 | On Loan: No      |
| TotalEnergies SE                             | TotalEnergies SE                                          | CUSIP: 000000000<br>LEI: 529900S21EQ1BO4ESM68 | Long             | EC               | CORP              | FR        |    399879 | NS      | $23502092.11  | 2.98%             |  |  |  | No            |                  2 | On Loan: No      |
| Fortis Inc/Canada                            | Fortis Inc/Canada                                         | CUSIP: 349553107<br>LEI: 549300MQYQ9Y065XPR71 | Long             | EC               | CORP              | CA        |    266790 | NS      | $13034772.11  | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Magna International Inc                      | Magna International Inc                                   | CUSIP: 559222401<br>LEI: 95RWVLFZX6VGDZNNTN43 | Long             | EC               | CORP              | CA        |    235400 | NS      | $8545653.81   | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| National Grid PLC                            | National Grid PLC                                         | CUSIP: 000000000<br>LEI: 8R95QZMKZLJX5Q2XR704 | Long             | EC               | CORP              | GB        |   1702097 | NS      | $24086376.10  | 3.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Reckitt Benckiser Group PLC                  | Reckitt Benckiser Group PLC                               | CUSIP: 000000000<br>LEI: 5493003JFSMOJG48V108 | Long             | EC               | CORP              | GB        |    248200 | NS      | $16869472.74  | 2.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Italgas SpA                                  | ITALGAS SPA                                               | CUSIP: 000000000<br>LEI: 815600F25FF44EF1FA76 | Long             | EC               | CORP              | IT        |   2619895 | NS      | $21572225.51  | 2.74%             |  |  |  | No            |                  2 | On Loan: No      |
| Koninklijke KPN NV                           | Koninklijke KPN NV                                        | CUSIP: 000000000<br>LEI: 549300YO0JZHAL7FVP81 | Long             | EC               | CORP              | NL        |   3426900 | NS      | $16116717.00  | 2.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Royal Bank of Canada                         | Royal Bank of Canada                                      | CUSIP: 780087102<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | EC               | CORP              | CA        |     89250 | NS      | $11312088.75  | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Femsa SAB de CV                    | Coca-Cola Femsa SAB de CV                                 | CUSIP: 191241108<br>LEI: 5493008KEVFYPMGTXO33 | Long             | EC               | CORP              | MX        |     78601 | NS      | $7467095.00   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| British American Tobacco PLC                 | British American Tobacco PLC                              | CUSIP: 000000000<br>LEI: 213800FKA5MF17RJKT63 | Long             | EC               | CORP              | GB        |    339645 | NS      | $15279438.04  | 1.94%             |  |  |  | No            |                  2 | On Loan: No      |
| Koninklijke Ahold Delhaize NV                | Koninklijke Ahold Delhaize NV                             | CUSIP: 000000000<br>LEI: 724500C9GNBV20UYRX36 | Long             | EC               | CORP              | NL        |    224300 | NS      | $9467008.83   | 1.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Novartis AG                                  | Novartis AG                                               | CUSIP: 000000000<br>LEI: 5493007HIVTX6SY6XD66 | Long             | EC               | CORP              | CH        |    240665 | NS      | $27923574.45  | 3.55%             |  |  |  | No            |                  2 | On Loan: No      |
| Terna - Rete Elettrica Naziona               | Terna - Rete Elettrica Nazionale                          | CUSIP: 000000000<br>LEI: 8156009E94ED54DE7C31 | Long             | EC               | CORP              | IT        |    911275 | NS      | $9301995.44   | 1.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Wal-Mart de Mexico SAB de CV                 | Wal-Mart de Mexico SAB de CV                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |   4207200 | NS      | $13741293.05  | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International In               | Philip Morris International Inc                           | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |    111410 | NS      | $20119531.90  | 2.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Diageo PLC                                   | Diageo PLC                                                | CUSIP: 000000000<br>LEI: 213800ZVIELEA55JMJ32 | Long             | EC               | CORP              | GB        |    531700 | NS      | $14476523.55  | 1.84%             |  |  |  | No            |                  2 | On Loan: No      |
| Amcor PLC                                    | Amcor PLC                                                 | CUSIP: 000000000<br>LEI: 549300GSODGFCDQ3DI89 | Long             | EC               | CORP              | CH        |   1437500 | NS      | $13095625.00  | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| UPM-Kymmene Oyj                              | UPM-Kymmene Oyj                                           | CUSIP: 000000000<br>LEI: 213800EC6PW5VU4J9U64 | Long             | EC               | CORP              | FI        |    771873 | NS      | $21403233.85  | 2.72%             |  |  |  | No            |                  2 | On Loan: No      |
| Kimberly-Clark de Mexico SAB d               | Kimberly-Clark de Mexico SAB de CV                        | CUSIP: 000000000<br>LEI: 549300JGHL56QT00KT54 | Long             | EC               | CORP              | MX        |   7951420 | NS      | $14184323.16  | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Segro PLC                                    | Segro PLC                                                 | CUSIP: 000000000<br>LEI: 213800XC35KGM9NFC641 | Long             | EC               | CORP              | GB        |   1198900 | NS      | $11296136.43  | 1.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Enbridge Inc                                 | Enbridge Inc                                              | CUSIP: 29250N105<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | EC               | CORP              | CA        |    384965 | NS      | $17916504.21  | 2.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Iberdrola SA                                 | Iberdrola SA                                              | CUSIP: 000000000<br>LEI: 5QK37QC7NWOJ8D7WVQ45 | Long             | EC               | CORP              | ES        |    838007 | NS      | $15329322.90  | 1.95%             |  |  |  | No            |                  2 | On Loan: No      |
| Telstra Group Ltd                            | Telstra Group Ltd                                         | CUSIP: 000000000<br>LEI: 894500WRW54CVN62K416 | Long             | EC               | CORP              | AU        |   4397100 | NS      | $13547489.56  | 1.72%             |  |  |  | No            |                  2 | On Loan: No      |
| Allianz SE                                   | Allianz SE                                                | CUSIP: 000000000<br>LEI: 529900K9B0N5BT694847 | Long             | EC               | CORP              | DE        |     68925 | NS      | $27310144.45  | 3.47%             |  |  |  | No            |                  2 | On Loan: No      |
| TELUS Corp                                   | TELUS Corp                                                | CUSIP: 87971M103<br>LEI: L2TEUTQ8OSHMJWVLCE40 | Long             | EC               | CORP              | CA        |   1407450 | NS      | $23068105.50  | 2.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Nestle SA                                    | Nestle SA                                                 | CUSIP: 000000000<br>LEI: KY37LUS27QQX7BB93L28 | Long             | EC               | CORP              | CH        |    150000 | NS      | $15978417.85  | 2.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Deutsche Telekom AG                          | Deutsche Telekom AG                                       | CUSIP: 000000000<br>LEI: 549300V9QSIG4WX4GJ96 | Long             | EC               | CORP              | DE        |    190200 | NS      | $7198769.27   | 0.91%             |  |  |  | No            |                  2 | On Loan: No      |
| Shell PLC                                    | Shell PLC                                                 | CUSIP: 000000000<br>LEI: 21380068P1DRHMJ8KU70 | Long             | EC               | CORP              | GB        |    643200 | NS      | $21185224.51  | 2.69%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of Montreal                             | Bank of Montreal                                          | CUSIP: 063671101<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | EC               | CORP              | CA        |    124650 | NS      | $13385557.98  | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Snam SpA                                     | Snam SpA                                                  | CUSIP: 000000000<br>LEI: 8156002278562044AF79 | Long             | EC               | CORP              | IT        |   4415325 | NS      | $26432244.72  | 3.36%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-22

**Name of Applicant:** Federated Hermes Equity Funds

**Signature:** Stephen Van Meter

**Name of Signer:** Federated Hermes Equity Funds

**Title:** Chief Compliance Officer