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Trending ETFs

Federated Hermes Max-Cap Index Fund

mutual fund
FMXSX
Payout Change
Pending
Price as of:
$7.57 +0.09 +1.2%
primary theme
U.S. Large-Cap Blend Equity
share class
S (FMXSX) R (FMXKX) C (MXCCX) Instl (FISPX)
FMXSX (Mutual Fund)

Federated Hermes Max-Cap Index Fund

Payout Change
Pending
Price as of:
$7.57 +0.09 +1.2%
primary theme
U.S. Large-Cap Blend Equity
share class
S (FMXSX) R (FMXKX) C (MXCCX) Instl (FISPX)
FMXSX (Mutual Fund)

Federated Hermes Max-Cap Index Fund

Payout Change
Pending
Price as of:
$7.57 +0.09 +1.2%
primary theme
U.S. Large-Cap Blend Equity
share class
S (FMXSX) R (FMXKX) C (MXCCX) Instl (FISPX)

Name

As of 12/20/2024

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 Max-Cap Index Fund

FMXSX | Fund

$7.57

$218 M

0.69%

$0.05

1.15%

Vitals

YTD Return

25.1%

1 yr return

25.7%

3 Yr Avg Return

9.4%

5 Yr Avg Return

14.0%

Net Assets

$218 M

Holdings in Top 10

34.9%

52 WEEK LOW AND HIGH

$7.5
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.15%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 33.00%

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 12/20/2024

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 Max-Cap Index Fund

FMXSX | Fund

$7.57

$218 M

0.69%

$0.05

1.15%

FMXSX - Profile

Distributions

  • YTD Total Return 25.1%
  • 3 Yr Annualized Total Return 9.4%
  • 5 Yr Annualized Total Return 14.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.77%
DIVIDENDS
  • Dividend Yield 0.7%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Federated Hermes Max-Cap Index Fund
  • Fund Family Name
    Federated Hermes Funds
  • Inception Date
    Oct 10, 1995
  • Shares Outstanding
    N/A
  • Share Class
    S
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Ian Miller

Fund Description

The Fund normally invests its assets primarily in common stocks included in the Standard & Poor’s 500 Index (“Index”). The Index is a broad-based market index that measures the performance of the broad domestic economy through changes in the aggregate market value of 500 stocks representing all major industries. Under normal circumstances, Federated Equity Management Company of Pennsylvania (the “Manager” or “Adviser”) will also use enhanced management techniques as further described in the Prospectus in an attempt to improve the performance of the Fund’s portfolio relative to the Index to compensate for Fund expenses and tracking error. The Manager’s principal enhanced management technique will be to over or underweight positions in securities within the Index based upon the Manager’s quantitative analysis of the securities. The Fund may invest in derivative contracts (such as, for example, futures contracts) to implement its investment strategies. The Fund may use derivative contracts to increase or decrease the portfolio’s exposure to the investment(s) underlying the derivative contracts in an attempt to benefit from changes in the value of the underlying investment(s), to realize gains from trading a derivative contract or to hedge against potential losses. There can be no assurances that the Fund’s use of derivative contracts will work as intended. Derivative investments made by the Fund are included within the Fund’s 80% policy (as described below) and are calculated at market value.The Fund will invest its net assets so that at least 80% of its net assets (plus any borrowings for investment purposes) are invested in Index investments. The Fund will notify shareholders of any changes 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 Index investments.The Fund’s Manager has received an exemptive order from the SEC to permit the Trust and the Board of Trustees (the “Board”) to appoint and replace subadvisers for the Fund and to enter into and amend the Fund’s subadvisory agreements without further shareholder approval.
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FMXSX - Performance

Return Ranking - Trailing

Period FMXSX Return Category Return Low Category Return High Rank in Category (%)
YTD 25.1% -7.7% 42.7% 34.11%
1 Yr 25.7% -7.3% 42.1% 43.01%
3 Yr 9.4%* -5.4% 21.4% 41.26%
5 Yr 14.0%* -2.1% 108.6% 33.39%
10 Yr 12.4%* 2.0% 52.4% 26.96%

* Annualized

Return Ranking - Calendar

Period FMXSX Return Category Return Low Category Return High Rank in Category (%)
2023 1.0% -42.6% 47.4% 96.67%
2022 -30.3% -56.3% -4.2% 92.97%
2021 9.2% -27.2% 537.8% 80.70%
2020 -5.5% -22.5% 2181.7% 96.91%
2019 11.9% -13.5% 40.4% 93.51%

Total Return Ranking - Trailing

Period FMXSX Return Category Return Low Category Return High Rank in Category (%)
YTD 25.1% -7.7% 42.7% 34.11%
1 Yr 25.7% -7.3% 42.1% 43.01%
3 Yr 9.4%* -5.4% 21.4% 41.26%
5 Yr 14.0%* -2.1% 108.6% 33.39%
10 Yr 12.4%* 2.0% 52.4% 26.96%

* Annualized

Total Return Ranking - Calendar

Period FMXSX Return Category Return Low Category Return High Rank in Category (%)
2023 25.5% -5.0% 47.4% 38.49%
2022 -18.8% -36.8% -2.2% 62.93%
2021 28.1% 3.0% 537.8% 31.97%
2020 17.6% -15.8% 2266.0% 47.66%
2019 30.2% -0.4% 241.3% 47.17%

NAV & Total Return History

FMXSX - Holdings

Concentration Analysis

FMXSX Category Low Category High FMXSX % Rank
Net Assets 218 M 2.34 M 1.84 T 81.54%
Number of Holdings 471 2 3963 22.76%
Net Assets in Top 10 78.9 M 880 K 525 B 81.95%
Weighting of Top 10 34.91% 0.3% 111.6% 55.03%

Top 10 Holdings

  1. Apple Inc 6.64%
  2. Microsoft Corp 6.51%
  3. NVIDIA Corp 6.01%
  4. Amazon.com Inc 3.63%
  5. Federated Hermes Government Obligations Fund 2.95%
  6. Meta Platforms Inc 2.22%
  7. Alphabet Inc 2.08%
  8. Alphabet Inc 1.74%
  9. Berkshire Hathaway Inc 1.67%
  10. Broadcom Inc 1.45%

Asset Allocation

Weighting Return Low Return High FMXSX % Rank
Stocks 		96.90% 0.00% 105.79% 83.94%
Cash 		3.08% 0.00% 99.07% 14.98%
Other 		0.02% -13.91% 100.00% 24.42%
Preferred Stocks 		0.00% 0.00% 2.15% 69.21%
Convertible Bonds 		0.00% 0.00% 5.54% 67.19%
Bonds 		0.00% 0.00% 93.85% 68.79%

Stock Sector Breakdown

Weighting Return Low Return High FMXSX % Rank
Technology 		25.68% 0.00% 48.94% 24.37%
Healthcare 		13.75% 0.00% 52.29% 68.38%
Financial Services 		13.12% 0.00% 55.59% 68.21%
Consumer Cyclical 		11.92% 0.00% 30.33% 20.15%
Communication Services 		9.34% 0.00% 27.94% 27.91%
Industrials 		8.10% 0.00% 29.90% 78.41%
Consumer Defense 		6.48% 0.00% 47.71% 62.65%
Energy 		3.82% 0.00% 41.64% 60.54%
Utilities 		2.73% 0.00% 20.91% 49.41%
Real Estate 		2.69% 0.00% 31.91% 54.64%
Basic Materials 		2.34% 0.00% 25.70% 64.92%

Stock Geographic Breakdown

Weighting Return Low Return High FMXSX % Rank
US 		96.90% 0.00% 105.79% 72.19%
Non US 		0.00% 0.00% 63.83% 73.68%

FMXSX - Expenses

Operational Fees

FMXSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.15% 0.01% 19.75% 27.75%
Management Fee 0.30% 0.00% 1.90% 30.12%
12b-1 Fee 0.30% 0.00% 1.00% 63.87%
Administrative Fee N/A 0.00% 0.85% 90.09%

Sales Fees

FMXSX 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 1.00% 5.00% N/A

Trading Fees

FMXSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 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.

FMXSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 33.00% 0.00% 268.00% 62.83%

FMXSX - Distributions

Dividend Yield Analysis

FMXSX Category Low Category High FMXSX % Rank
Dividend Yield 0.69% 0.00% 25.47% 63.49%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

FMXSX Category Low Category High FMXSX % Rank
Net Income Ratio 0.77% -54.00% 2.44% 46.28%

Capital Gain Distribution Analysis

FMXSX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

View More +

FMXSX - Fund Manager Analysis

Managers

Ian Miller

Start Date

Tenure

Tenure Rank

Jul 01, 2012

9.92

9.9%

Mr. Miller joined Federated in January 2006 as a Quantitative Analyst. ; has worked in investment management since 2006; and has managed investment portfolios since 2012. Miller earned a B.S. in Molecular Biology from Clarion University and an M.S. in Biotechnology from The John Hopkins University.

Damian McIntyre

Start Date

Tenure

Tenure Rank

Dec 31, 2016

5.42

5.4%

Damian M. McIntyre, CFA , FRM and CAIA, Portfolio Manager, has been the Fund’s portfolio manager since January 2017 and served as associate portfolio manager since April 2015. Mr. McIntyre joined Federated in 2008 as an Associate Quantitative Analyst and has been responsible for assisting with the investment process in the Global Equity Area, focusing on Managed Risk strategies. Mr. McIntyre received his B.S., Computational Finance, and an M.B.A. with a concentration in Finance, Economics and Strategy from Carnegie Mellon University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 39.02 7.29 2.42

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