Federated Hermes MDT Market Neutral A
Name
As of 09/24/2021Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
10.1%
1 yr return
14.6%
3 Yr Avg Return
2.3%
5 Yr Avg Return
4.6%
Net Assets
$82.2 M
Holdings in Top 10
30.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.42%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 74.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 09/24/2021Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
HHQTX - Profile
Distributions
- YTD Total Return 10.1%
- 3 Yr Annualized Total Return 2.3%
- 5 Yr Annualized Total Return 4.6%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.29%
- Dividend Yield 0.4%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameFederated Hermes MDT Market Neutral Fund
-
Fund Family NameHancock Horizon
-
Inception DateSep 30, 2008
-
Shares Outstanding4005228
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerPaula Chastain
Fund Description
HHQTX - Performance
Return Ranking - Trailing
| Period | HHQTX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 10.1% | -25.5% | 42.3% | 35.82% |
| 1 Yr | 14.6% | -17.9% | 67.9% | 53.47% |
| 3 Yr | 2.3%* | -10.3% | 22.3% | 79.57% |
| 5 Yr | 4.6%* | -4.9% | 20.5% | 67.46% |
| 10 Yr | 6.9%* | -5.8% | 12.0% | 39.34% |
* Annualized
Return Ranking - Calendar
| Period | HHQTX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | -4.2% | -47.6% | 88.4% | 77.72% |
| 2022 | 10.6% | -20.3% | 62.6% | 41.30% |
| 2021 | -12.8% | -53.1% | 12.7% | 78.86% |
| 2020 | 6.2% | -67.1% | 21.9% | 55.28% |
| 2019 | 3.5% | -17.3% | 25.3% | 41.18% |
Total Return Ranking - Trailing
| Period | HHQTX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 10.1% | -26.5% | 42.3% | 37.31% |
| 1 Yr | 14.6% | -17.9% | 67.9% | 49.50% |
| 3 Yr | 2.3%* | -11.4% | 22.3% | 77.96% |
| 5 Yr | 4.6%* | -5.4% | 20.5% | 66.27% |
| 10 Yr | 6.9%* | -5.8% | 12.0% | 39.34% |
* Annualized
Total Return Ranking - Calendar
| Period | HHQTX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | -4.2% | -47.6% | 88.4% | 77.72% |
| 2022 | 10.6% | -20.3% | 62.6% | 41.30% |
| 2021 | -5.7% | -53.1% | 12.7% | 40.57% |
| 2020 | 7.7% | -12.7% | 24.8% | 63.35% |
| 2019 | 3.5% | -15.5% | 25.3% | 43.38% |
NAV & Total Return History
HHQTX - Holdings
Concentration Analysis
| HHQTX | Category Low | Category High | HHQTX % Rank | |
|---|---|---|---|---|
| Net Assets | 82.2 M | 0 | 5.19 B | 54.59% |
| Number of Holdings | 139 | 3 | 3156 | 39.81% |
| Net Assets in Top 10 | 24.4 M | -87.9 M | 765 M | 49.51% |
| Weighting of Top 10 | 30.11% | 3.0% | 100.0% | 72.41% |
Top 10 Holdings
- Federated Hermes Govt Obl Premier 19.04%
- Intuit Inc 1.40%
- Apple Inc 1.31%
- Lam Research Corp 1.29%
- Mitek Systems Inc 1.28%
- Renewable Energy Group Inc 1.26%
- Alphabet Inc Class A 1.25%
- Generac Holdings Inc 1.24%
- KLA Corp 1.23%
- Zebra Technologies Corp 1.23%
Asset Allocation
| Weighting | Return Low | Return High | HHQTX % Rank | |
|---|---|---|---|---|
| Stocks | 70.35% | -17.84% | 113.92% | 47.09% |
| Cash | 29.65% | -140.68% | 117.83% | 46.12% |
| Preferred Stocks | 0.00% | -0.01% | 8.88% | 64.56% |
| Other | 0.00% | -16.93% | 36.41% | 68.45% |
| Convertible Bonds | 0.00% | 0.00% | 3.02% | 68.45% |
| Bonds | 0.00% | -0.70% | 152.17% | 72.33% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | HHQTX % Rank | |
|---|---|---|---|---|
| Technology | 21.06% | 0.00% | 48.18% | 39.38% |
| Consumer Cyclical | 15.84% | 0.00% | 83.72% | 17.10% |
| Healthcare | 15.12% | 0.00% | 100.00% | 38.34% |
| Industrials | 14.73% | 0.00% | 35.91% | 23.32% |
| Financial Services | 13.57% | 0.00% | 74.33% | 59.59% |
| Communication Services | 6.68% | 0.00% | 29.68% | 75.13% |
| Consumer Defense | 5.32% | 0.00% | 28.39% | 61.66% |
| Energy | 3.60% | 0.00% | 12.98% | 25.39% |
| Basic Materials | 2.29% | 0.00% | 21.97% | 57.51% |
| Real Estate | 1.80% | 0.00% | 17.36% | 49.74% |
| Utilities | 0.00% | 0.00% | 23.92% | 94.82% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | HHQTX % Rank | |
|---|---|---|---|---|
| US | 70.05% | -43.02% | 113.00% | 37.38% |
| Non US | 0.30% | -31.09% | 98.73% | 80.58% |
HHQTX - Expenses
Operational Fees
| HHQTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.42% | 0.40% | 3.92% | 77.78% |
| Management Fee | 0.80% | 0.00% | 2.50% | 19.81% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.03% | 1.54% | 68.23% |
Sales Fees
| HHQTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
| HHQTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.50% | 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.
| HHQTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 74.00% | 0.00% | 498.00% | 32.73% |
HHQTX - Distributions
Dividend Yield Analysis
| HHQTX | Category Low | Category High | HHQTX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.43% | 0.00% | 1.83% | 66.67% |
Dividend Distribution Analysis
| HHQTX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annually | Annually | Quarterly | Annually |
Net Income Ratio Analysis
| HHQTX | Category Low | Category High | HHQTX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.29% | -3.33% | 2.64% | 41.29% |
Capital Gain Distribution Analysis
| HHQTX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 31, 2018 | $0.100 | |
| Dec 31, 2013 | $0.026 | |
| Dec 31, 2008 | $0.006 |
HHQTX - Fund Manager Analysis
Managers
Paula Chastain
Start Date
Tenure
Tenure Rank
Sep 30, 2008
12.93
12.9%
Paula Chastain serves as a portfolio manager for Horizon Advisers. Ms. Chastain began working for Horizon in 1996 and has been working in the investment industry since 1996.
Jacob Hartl
Start Date
Tenure
Tenure Rank
Sep 30, 2008
12.93
12.9%
Jacob Hartl, CFA, serves a portfolio manager for the Horizon Advisers , takes part in the research and analysis for the Hancock Horizon Family of Funds and has co-managed the Quantitative Long/ Short Fund since its inception. Prior to joining the Horizon in 2008, Mr. Hartl served as a portfolio manager for SunTrust Bank in their Private Wealth Management Group. In addition to portfolio management responsibilities involving equities, bonds and alternative investments, he was a member of the investment group’s fixed income strategy committee. His experience also includes analytic and asset allocation responsibilities in Morgan Keegan’s Investment Management Consulting Group. Mr. Hartl has been working in the investment industry since 1999.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 22.8 | 5.89 | 7.18 |