Federated Hermes Kaufmann Large Cap Fund
Name
As of 04/17/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
4.9%
1 yr return
29.5%
3 Yr Avg Return
2.3%
5 Yr Avg Return
10.5%
Net Assets
$1.63 B
Holdings in Top 10
38.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.96%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 28.00%
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 04/17/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
KLCIX - Profile
Distributions
- YTD Total Return 4.9%
- 3 Yr Annualized Total Return 2.3%
- 5 Yr Annualized Total Return 10.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.32%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameFederated Hermes Kaufmann Large Cap Fund
-
Fund Family NameFederated Hermes Funds
-
Inception DateDec 04, 2007
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerHans Utsch
Fund Description
KLCIX - Performance
Return Ranking - Trailing
Period | KLCIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.9% | -15.5% | 20.9% | 75.53% |
1 Yr | 29.5% | -22.1% | 61.0% | 60.69% |
3 Yr | 2.3%* | -31.0% | 22.5% | 73.46% |
5 Yr | 10.5%* | -16.4% | 29.0% | 85.62% |
10 Yr | 11.6%* | -5.7% | 18.8% | 71.57% |
* Annualized
Return Ranking - Calendar
Period | KLCIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 1.5% | -74.1% | 72.4% | 98.19% |
2022 | -44.4% | -85.9% | 4.7% | 89.86% |
2021 | -1.0% | -52.4% | 60.5% | 75.15% |
2020 | 24.1% | -34.3% | 145.0% | 58.15% |
2019 | 32.2% | -21.8% | 49.4% | 13.75% |
Total Return Ranking - Trailing
Period | KLCIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.9% | -15.5% | 20.9% | 75.53% |
1 Yr | 29.5% | -22.1% | 61.0% | 60.69% |
3 Yr | 2.3%* | -31.0% | 22.5% | 73.46% |
5 Yr | 10.5%* | -16.4% | 29.0% | 85.62% |
10 Yr | 11.6%* | -5.7% | 18.8% | 71.57% |
* Annualized
Total Return Ranking - Calendar
Period | KLCIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 32.7% | -4.6% | 72.4% | 68.53% |
2022 | -29.8% | -61.7% | 5.6% | 42.74% |
2021 | 13.8% | -39.8% | 118.1% | 81.43% |
2020 | 28.4% | 2.8% | 149.2% | 75.92% |
2019 | 38.1% | -5.2% | 49.4% | 9.52% |
NAV & Total Return History
KLCIX - Holdings
Concentration Analysis
KLCIX | Category Low | Category High | KLCIX % Rank | |
---|---|---|---|---|
Net Assets | 1.63 B | 242 K | 269 B | 44.74% |
Number of Holdings | 64 | 1 | 3217 | 45.82% |
Net Assets in Top 10 | 619 M | 104 K | 111 B | 51.31% |
Weighting of Top 10 | 38.52% | 0.7% | 205.0% | 83.59% |
Top 10 Holdings
- Microsoft Corp 6.24%
- Alphabet Inc 4.94%
- ServiceNow Inc 4.77%
- Amazon.com Inc 4.71%
- Argenx SE 3.36%
- Costco Wholesale Corp 3.25%
- Workday Inc 2.90%
- Crowdstrike Holdings Inc 2.87%
- Apple Inc 2.87%
- Trane Technologies PLC 2.61%
Asset Allocation
Weighting | Return Low | Return High | KLCIX % Rank | |
---|---|---|---|---|
Stocks | 100.15% | 0.00% | 130.05% | 2.78% |
Preferred Stocks | 0.00% | 0.00% | 7.84% | 82.95% |
Other | 0.00% | -43.49% | 50.04% | 78.82% |
Convertible Bonds | 0.00% | 0.00% | 1.94% | 79.54% |
Cash | 0.00% | -1.50% | 173.52% | 98.90% |
Bonds | 0.00% | 0.00% | 104.15% | 80.68% |
Stock Sector Breakdown
Weighting | Return Low | Return High | KLCIX % Rank | |
---|---|---|---|---|
Technology | 25.84% | 0.00% | 65.70% | 83.09% |
Healthcare | 19.80% | 0.00% | 39.76% | 9.47% |
Financial Services | 16.19% | 0.00% | 43.06% | 11.33% |
Consumer Cyclical | 14.92% | 0.00% | 62.57% | 55.54% |
Communication Services | 7.29% | 0.00% | 66.40% | 77.26% |
Real Estate | 3.80% | 0.00% | 16.05% | 10.57% |
Industrials | 3.35% | 0.00% | 30.65% | 79.54% |
Energy | 2.68% | 0.00% | 41.09% | 22.32% |
Basic Materials | 2.66% | 0.00% | 18.91% | 21.56% |
Consumer Defense | 2.62% | 0.00% | 25.50% | 65.26% |
Utilities | 0.84% | 0.00% | 16.07% | 17.58% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | KLCIX % Rank | |
---|---|---|---|---|
US | 94.97% | 0.00% | 130.05% | 81.86% |
Non US | 5.18% | 0.00% | 78.10% | 10.55% |
KLCIX - Expenses
Operational Fees
KLCIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.96% | 0.01% | 19.54% | 51.27% |
Management Fee | 0.75% | 0.00% | 1.50% | 83.31% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.10% | 0.01% | 1.02% | 54.30% |
Sales Fees
KLCIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.25% | 8.50% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
KLCIX 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.
KLCIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 28.00% | 0.00% | 316.74% | 43.42% |
KLCIX - Distributions
Dividend Yield Analysis
KLCIX | Category Low | Category High | KLCIX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 28.10% | 90.87% |
Dividend Distribution Analysis
KLCIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annually | Annual | Annual |
Net Income Ratio Analysis
KLCIX | Category Low | Category High | KLCIX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.32% | -6.13% | 3.48% | 50.65% |
Capital Gain Distribution Analysis
KLCIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 06, 2019 | $1.246 | OrdinaryDividend |
Dec 30, 2010 | $0.074 | OrdinaryDividend |
Dec 31, 2009 | $0.015 | OrdinaryDividend |
Dec 31, 2008 | $0.032 | OrdinaryDividend |
KLCIX - Fund Manager Analysis
Managers
Hans Utsch
Start Date
Tenure
Tenure Rank
Dec 05, 2007
14.5
14.5%
Senior Vice President, Senior Portfolio Manager, Head of Kaufmann Growth Equity Team. Responsible for portfolio management and research in global growth equity area. Previous associations: Chairman & Co-Portfolio Manager, Edgemont Asset Management Corp, adviser to The Kaufmann Fund; President, Hans Utsch & Company; Analyst, Goodbody & Co. B.A., Amherst College; M.B.A., Columbia University. Joined Federated 2001; joined Kaufmann Fund 1986; Investment Experience: 56 Years.
Mark Bauknight
Start Date
Tenure
Tenure Rank
Dec 05, 2007
14.5
14.5%
Vice President, Senior Portfolio Manager, Senior Investment Analyst. Responsible for research and analytical support in the global growth equity area. Previous associations: Investment Analyst, Edgemont Asset Management Corp, adviser to The Kaufmann Fund; Analyst, UBS Securities, LLC; Analyst, Morgan Stanley & Co. Two B.A. degrees, University of North Carolina at Chapel Hill; M.B.A., Oxford University. Joined Federated 2001; joined Kaufmann Fund 1997; Investment Experience: 25 Years.
Thomas Brakel
Start Date
Tenure
Tenure Rank
Jun 22, 2009
12.95
13.0%
Vice President, Senior Portfolio Manager. Responsible for portfolio management and fundamental analysis in the global growth equity area. Previous associations: Vice President/Senior Biotech Analyst New Vernon Associates; Biotech Analyst, BioPharma Fund; Biotech/Pharmaceutical Analyst, Mehta Partners. M.D., Erasmus University Rotterdam, The Netherlands; M.B.A., Stanford University. Joined Federated Hermes 2003
Barbara Miller
Start Date
Tenure
Tenure Rank
Dec 31, 2013
8.42
8.4%
Barbara Miller, Vice President, Portfolio Manager. Responsible for portfolio management and fundamental analysis in the global growth equity area. Previous associations: Vice President/Equity Analyst, Goldman Sachs; Principal, BT Alex Brown; Vice President, Edelman Public Relations Worldwide; Associate, Adams & Rinehart/Ogilvy & Mather; Broadcast Journalist. B.A., Brown University; M.B.A., Harvard Business School. Joined Federated Hermes 2002
Steven Abrahamson
Start Date
Tenure
Tenure Rank
Dec 31, 2013
8.42
8.4%
Member of the Fund's Investment Team since December 2007; Senior Investment Analyst; joined Federated in 2001; formerly Investment Analyst with Edgemont Asset Management Corp., Adviser to The Kaufmann Fund, Inc. (predecessor to the Kaufmann Fund) since 2001; B.S., Bucknell University; M.B.A., Duke University. Steven Abrahamson, Senior Investment Analyst & Portfolio Manager, has been the Fund’s portfolio manager since April 2014 and a member of the Fund’s investment management team since April 2002.
John Ettinger
Start Date
Tenure
Tenure Rank
Dec 31, 2013
8.42
8.4%
Vice President, Senior Portfolio Manager, Senior Investment Analyst. Responsible for research and analytical support in the global growth equity area. Previous associations: Investment Analyst, Edgemont Asset Management Corp, adviser to The Kaufmann Fund; Investment Analyst, Energy Technology Investments; Equity Analyst, Value Line. B.A., Duke University. Joined Federated 2001; joined Kaufmann Fund 1996; Investment Experience: 24 Years.
Stephen DeNichilo
Start Date
Tenure
Tenure Rank
Dec 31, 2014
7.42
7.4%
Stephen DeNichilo, CFA, Vice President, Portfolio Manager. Responsible for portfolio management and fundamental analysis in the global growth equity area. Previous associations: Senior Research Analyst, ACK Asset Management, LLC; Equity Research Analyst, Thomson, Horstmann & Bryant, Inc.; Equity Research Associate, First Albany Capital; Market Analyst, Lord, Abbett & Company; B.S., Villanova University; M.B.A., Fordham University. Frequent guest on CNBC’s Power Lunch. Joined Federated Hermes 2012
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 54.45 | 8.2 | 2.92 |