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Trending ETFs

Federated Hermes MDT Large Cap Value Fund

mutual fund
FMSTX
Payout Change
Pending
Price as of:
$31.84 -0.1 -0.31%
primary theme
U.S. Large-Cap Value Equity
share class
R (QRLVX) C (QCLVX) R6 (FSTLX) A (FSTRX) Instl (FMSTX) S (FSTKX)
FMSTX (Mutual Fund)

Federated Hermes MDT Large Cap Value Fund

Payout Change
Pending
Price as of:
$31.84 -0.1 -0.31%
primary theme
U.S. Large-Cap Value Equity
share class
R (QRLVX) C (QCLVX) R6 (FSTLX) A (FSTRX) Instl (FMSTX) S (FSTKX)
FMSTX (Mutual Fund)

Federated Hermes MDT Large Cap Value Fund

Payout Change
Pending
Price as of:
$31.84 -0.1 -0.31%
primary theme
U.S. Large-Cap Value Equity
share class
R (QRLVX) C (QCLVX) R6 (FSTLX) A (FSTRX) Instl (FMSTX) S (FSTKX)

Name

As of 12/13/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Federated Hermes MDT Large Cap Value Fund

FMSTX | Fund

$31.84

$1.32 B

1.01%

$0.32

0.96%

Vitals

YTD Return

11.5%

1 yr return

12.3%

3 Yr Avg Return

7.7%

5 Yr Avg Return

10.8%

Net Assets

$1.32 B

Holdings in Top 10

22.7%

52 WEEK LOW AND HIGH

$31.9
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.96%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 70.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$1,000,000

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/13/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Federated Hermes MDT Large Cap Value Fund

FMSTX | Fund

$31.84

$1.32 B

1.01%

$0.32

0.96%

FMSTX - Profile

Distributions

  • YTD Total Return 11.5%
  • 3 Yr Annualized Total Return 7.7%
  • 5 Yr Annualized Total Return 10.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.27%
DIVIDENDS
  • Dividend Yield 1.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Federated Hermes MDT Large Cap Value Fund
  • Fund Family Name
    Federated Hermes Funds
  • Inception Date
    Jan 29, 2010
  • Shares Outstanding
    N/A
  • Share Class
    Instl
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Frederick Konopka

Fund Description

The Fund seeks to achieve its objective by investing primarily in the common stock of large-cap U.S. companies undervalued relative to the market.The Fund’s investment adviser’s (“Adviser”) investment strategy utilizes a large-cap value approach by selecting most of its investments from companies listed in the Russell 1000® Value Index, an index that measures the performance of those companies with lower price-to-book ratios and lower forecasted growth values within the large-cap segment of the U.S. equity universe, which includes the 1,000 largest U.S. companies by market capitalization. The Fund considers large-cap companies to be those of a size similar to companies listed in the Russell 1000® Value Index. As of October 31, 2023, companies in the Russell 1000® Value Index ranged in market capitalization from $0.6 billion to $0.7 trillion. As more fully described in this Prospectus, the Fund’s investments primarily include the following: equity securities of domestic issuers and real estate investment trusts (REITs). As the Fund’s sector exposure approximates the Russell 1000® Value Index, the Fund may, from time to time, have large allocations to certain broad market sectors, such as financials, healthcare and industrials.The Adviser implements its strategy using a quantitative model driven by fundamental and technical stock selection variables, including relative value, profit trends, capital structure and price history. This process seeks to impose strict discipline over stock selection, unimpeded by market or manager psychology. It seeks to maximize compound annual return while controlling risk relative to the Fund’s benchmark, the Russell 1000® Value Index. The process also takes into account trading costs in an effort to ensure that trades are generated only to the extent they are expected to be profitable on an after-trading-cost basis. Additionally, risk is controlled through diversification constraints which limit exposure to individual companies as well as to groups of correlated companies.The Fund will invest its assets so that at least 80% of its net assets (plus any borrowings for investment purposes) are invested in large-cap investments. Such large-cap investments will be comprised primarily of common stocks. The Fund will notify shareholders at least 60 days in advance of any change in its investment policies that would enable the Fund to normally invest less than 80% of its net assets (plus any borrowings for investment purposes) in large-cap investments.The Fund actively trades its portfolio securities in an attempt to achieve its investment objective. Active trading will cause the Fund to have an increased portfolio turnover rate and increase the Fund’s trading costs, which may have an adverse impact on the Fund’s performance. An active trading strategy will likely result in the Fund generating more short-term capital gains or losses. Short-term gains are generally taxed at a higher rate than long-term gains. Any short-term losses are used first to offset short-term gains.
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FMSTX - Performance

Return Ranking - Trailing

Period FMSTX Return Category Return Low Category Return High Rank in Category (%)
YTD 11.5% -12.3% 48.1% 77.90%
1 Yr 12.3% -7.1% 60.7% 89.33%
3 Yr 7.7%* -4.2% 31.7% 55.46%
5 Yr 10.8%* 0.1% 45.6% 37.69%
10 Yr 9.2%* 1.8% 25.4% 48.18%

* Annualized

Return Ranking - Calendar

Period FMSTX Return Category Return Low Category Return High Rank in Category (%)
2023 10.4% -16.9% 46.1% 26.62%
2022 -16.6% -64.7% 4.6% 84.81%
2021 7.3% -44.2% 57.5% 84.05%
2020 4.3% -23.2% 285.0% 16.55%
2019 17.5% -21.4% 48.5% 64.05%

Total Return Ranking - Trailing

Period FMSTX Return Category Return Low Category Return High Rank in Category (%)
YTD 11.5% -12.3% 48.1% 77.90%
1 Yr 12.3% -7.1% 60.7% 89.33%
3 Yr 7.7%* -4.2% 31.7% 55.46%
5 Yr 10.8%* 0.1% 45.6% 37.69%
10 Yr 9.2%* 1.8% 25.4% 48.18%

* Annualized

Total Return Ranking - Calendar

Period FMSTX Return Category Return Low Category Return High Rank in Category (%)
2023 12.8% -15.9% 46.7% 35.90%
2022 -4.2% -42.0% 8.5% 37.04%
2021 28.4% 3.6% 129.7% 23.97%
2020 6.2% -22.6% 304.8% 25.68%
2019 20.9% -12.7% 52.1% 90.29%

NAV & Total Return History

FMSTX - Holdings

Concentration Analysis

FMSTX Category Low Category High FMSTX % Rank
Net Assets 1.32 B 126 K 163 B 43.83%
Number of Holdings 101 2 1727 35.51%
Net Assets in Top 10 292 M 466 K 39.5 B 48.32%
Weighting of Top 10 22.73% 4.4% 99.1% 77.53%

Top 10 Holdings

  1. GoDaddy Inc 2.60%
  2. Bank of New York Mellon Corp/The 2.60%
  3. Johnson Johnson 2.59%
  4. Travelers Cos Inc/The 2.55%
  5. Exxon Mobil Corp 2.32%
  6. PepsiCo Inc 2.30%
  7. Prudential Financial Inc 2.16%
  8. AbbVie Inc 1.98%
  9. Ameriprise Financial Inc 1.84%
  10. Colgate-Palmolive Co 1.79%

Asset Allocation

Weighting Return Low Return High FMSTX % Rank
Stocks 		98.23% 4.16% 102.49% 50.84%
Cash 		1.77% 0.00% 17.28% 44.30%
Preferred Stocks 		0.00% 0.00% 13.68% 67.57%
Other 		0.00% -2.59% 39.89% 71.03%
Convertible Bonds 		0.00% 0.00% 3.66% 66.10%
Bonds 		0.00% 0.00% 97.99% 67.94%

Stock Sector Breakdown

Weighting Return Low Return High FMSTX % Rank
Financial Services 		21.32% 0.00% 58.05% 29.34%
Healthcare 		18.98% 0.00% 30.08% 31.23%
Industrials 		9.94% 0.00% 42.76% 65.85%
Energy 		8.44% 0.00% 54.00% 37.26%
Technology 		8.37% 0.00% 54.02% 74.43%
Consumer Defense 		7.82% 0.00% 34.10% 58.02%
Consumer Cyclical 		6.17% 0.00% 22.74% 43.96%
Real Estate 		5.80% 0.00% 90.54% 11.51%
Communication Services 		5.67% 0.00% 26.58% 51.98%
Utilities 		4.23% 0.00% 27.04% 51.60%
Basic Materials 		3.25% 0.00% 21.69% 52.55%

Stock Geographic Breakdown

Weighting Return Low Return High FMSTX % Rank
US 		98.23% 4.16% 102.49% 39.53%
Non US 		0.00% 0.00% 24.08% 74.67%

FMSTX - Expenses

Operational Fees

FMSTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.96% 0.03% 14.82% 45.97%
Management Fee 0.70% 0.00% 1.50% 77.98%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.10% 0.00% 0.50% 53.36%

Sales Fees

FMSTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 0.95% 5.00% N/A

Trading Fees

FMSTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FMSTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 70.00% 0.00% 488.00% 77.70%

FMSTX - Distributions

Dividend Yield Analysis

FMSTX Category Low Category High FMSTX % Rank
Dividend Yield 1.01% 0.00% 16.67% 81.20%

Dividend Distribution Analysis

FMSTX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annual Quarterly Annual

Net Income Ratio Analysis

FMSTX Category Low Category High FMSTX % Rank
Net Income Ratio 1.27% -1.51% 4.28% 53.59%

Capital Gain Distribution Analysis

FMSTX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

FMSTX - Fund Manager Analysis

Managers

Frederick Konopka

Start Date

Tenure

Tenure Rank

Apr 01, 2009

13.17

13.2%

Frederick L. Konopka, CFA, joined Federated MDTA LLC investment team in 1997. Mr. Konopka is a Vice President of Federated MDTA LLC . As the Portfolio and Trading Manager, he is responsible for the ongoing implementation of the investment model including trading impact evaluation and implementation. He received his A.B., Mathematics from Dartmouth College and his M.S., Concentration in Information Technology and Finance from MIT Sloan School of Management.

Daniel Mahr

Start Date

Tenure

Tenure Rank

Apr 01, 2009

13.17

13.2%

Daniel J. Mahr, CFA, joined Federated MDTA LLC Investment Team in 2002. He is a Senior Vice President of Federated MDTA LLC. As Managing Director of Research, he is responsible for leading the Investment Team as it relates to the ongoing design, development and implementation of the investment model. He received his A.B., Computer Science from Harvard College and his S.M., Computer Science from Harvard University.

John Lewicke

Start Date

Tenure

Tenure Rank

Sep 26, 2014

7.68

7.7%

John Paul Lewicke joined Federated MDTA LLC Investment Team in 2007. Mr. Lewicke is a Vice President of Federated MDTA LLC. As Research Manager, he is responsible for ongoing evaluation and enhancement of the investment model, including software code design and development. Mr. Lewicke received his A.B., Mathematics and Computer Science from Dartmouth College.

Damien Zhang

Start Date

Tenure

Tenure Rank

Aug 08, 2018

3.81

3.8%

Mr. Zhang, Research Manager at Federated MDTA LLC (“MDT Advisers”), joined the MDT Adviser’s Investment Team in 2009. As Research Manager, he is responsible for ongoing evaluation and enhancement of the investment model, including software code design and development. Mr. Zhang received his A.B., Summa Cum Laude in Economics from Princeton University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.05 86.59 8.12 6.71

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