There an estimated 26% of the heart disorder population that have an LVEF below 29% (heart failure range) and are not aware of a heart problem as they function normally without symptoms. My first symptom was congested heart failure with an EF 13 to 29%.
The left ventricles pumping ability (measured by ejection fraction, EF, and is the amount of blood pumped with each heartbeat) can be effected by heart muscle damage, an enlarged left ventricle chamber, heart wall and/or septum thickness (reduces filling capacity).
An echocardiogram provides LV size, heart wall and septum (wall separating chambers) valve integrety, etc. A heart attack could have damaged heart muscle and impair contractions. An overworked heart can cause hypertrophy (enlargement), etc. An echo should provide the underlying cause for the low EF.
Currently, and since heart attack 5 years ago, my EF is normal and wall dimensions are normal size. It is possible your father can increase his EF depending on the cause. An individual can have a serious heart condition and be asymptomatic. Walking for 2 hours and no symptoms is a good sign, but you should get the echo report and look for heart dimensions and if any hypokinesis (muscle impairment) noted.