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Name

As of 04/16/2024

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 Growth Fund

QALGX | Fund

$28.51

$1.05 B

0.00%

1.29%

Vitals

YTD Return

11.8%

1 yr return

36.9%

3 Yr Avg Return

11.9%

5 Yr Avg Return

17.9%

Net Assets

$1.05 B

Holdings in Top 10

46.4%

52 WEEK LOW AND HIGH

$28.4
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.29%

SALES FEES

Front Load 5.50%

Deferred Load N/A

TRADING FEES

Turnover 39.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$1,500

IRA

$250

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 04/16/2024

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 Growth Fund

QALGX | Fund

$28.51

$1.05 B

0.00%

1.29%

QALGX - Profile

Distributions

  • YTD Total Return 11.8%
  • 3 Yr Annualized Total Return 11.9%
  • 5 Yr Annualized Total Return 17.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.27%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Federated Hermes MDT Large Cap Growth Fund
  • Fund Family Name
    Federated Hermes Funds
  • Inception Date
    Sep 23, 2005
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Daniel Mahr

Fund Description

The Fund seeks to achieve its objective by investing primarily in the common stock of large-sized U.S. companies. The investment adviser’s investment strategy utilizes a large-capitalization (“large-cap”) growth approach by selecting most of its investments from companies listed in the Russell 1000® Growth Index, an index that measures the performance of those companies with higher price-to-book ratios and higher 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. As the Fund’s sector exposure approximates the Russell 1000® Growth Index, the Fund may, from time to time, have large allocations to certain broad market sectors, such as technology, consumer discretionary and healthcare. As of July 31, 2023, companies in the Russell 1000® Growth Index ranged in market capitalization from $1.6 billion to $3.1 trillion. The Fund’s investments may include, but are not limited to, equity securities of domestic issuers and real estate investment trusts (REITs).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. 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 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. 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. For purposes of this policy the Fund considers large-cap companies to be those with a market capitalization similar to those companies included in the Russell 1000® Growth Index.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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QALGX - Performance

Return Ranking - Trailing

Period QALGX Return Category Return Low Category Return High Rank in Category (%)
YTD 11.8% -15.5% 20.9% 17.11%
1 Yr 36.9% -22.1% 61.0% 29.87%
3 Yr 11.9%* -31.0% 22.5% 1.41%
5 Yr 17.9%* -16.4% 29.0% 5.68%
10 Yr 14.7%* -5.7% 18.8% 18.54%

* Annualized

Return Ranking - Calendar

Period QALGX Return Category Return Low Category Return High Rank in Category (%)
2023 37.1% -74.1% 72.4% 35.86%
2022 -34.3% -85.9% 4.7% 52.36%
2021 6.7% -52.4% 60.5% 54.91%
2020 27.4% -34.3% 145.0% 45.51%
2019 24.9% -21.8% 49.4% 48.46%

Total Return Ranking - Trailing

Period QALGX Return Category Return Low Category Return High Rank in Category (%)
YTD 11.8% -15.5% 20.9% 17.11%
1 Yr 36.9% -22.1% 61.0% 29.87%
3 Yr 11.9%* -31.0% 22.5% 1.41%
5 Yr 17.9%* -16.4% 29.0% 5.68%
10 Yr 14.7%* -5.7% 18.8% 18.54%

* Annualized

Total Return Ranking - Calendar

Period QALGX Return Category Return Low Category Return High Rank in Category (%)
2023 39.3% -4.6% 72.4% 44.97%
2022 -24.9% -61.7% 5.6% 22.03%
2021 30.0% -39.8% 118.1% 6.81%
2020 37.1% 2.8% 149.2% 41.58%
2019 31.7% -5.2% 49.4% 62.02%

NAV & Total Return History

QALGX - Holdings

Concentration Analysis

QALGX Category Low Category High QALGX % Rank
Net Assets 1.05 B 242 K 269 B 55.93%
Number of Holdings 101 1 3217 23.04%
Net Assets in Top 10 404 M 104 K 111 B 58.06%
Weighting of Top 10 46.37% 0.7% 205.0% 65.91%

Top 10 Holdings

  1. Microsoft Corp 11.00%
  2. Apple Inc 8.09%
  3. NVIDIA Corp 5.28%
  4. Amazon.com Inc 4.43%
  5. Alphabet Inc 4.25%
  6. AbbVie Inc 3.34%
  7. Meta Platforms Inc 3.06%
  8. Federated Institutional Prime Value Obligations Fund 2.43%
  9. PepsiCo Inc 2.35%
  10. ServiceNow Inc 2.15%

Asset Allocation

Weighting Return Low Return High QALGX % Rank
Stocks 		99.36% 0.00% 130.05% 28.95%
Cash 		0.64% -1.50% 173.52% 67.17%
Preferred Stocks 		0.00% 0.00% 7.84% 45.57%
Other 		0.00% -43.49% 50.04% 50.04%
Convertible Bonds 		0.00% 0.00% 1.94% 37.79%
Bonds 		0.00% 0.00% 104.15% 40.42%

Stock Sector Breakdown

Weighting Return Low Return High QALGX % Rank
Technology 		45.13% 0.00% 65.70% 7.69%
Consumer Cyclical 		18.30% 0.00% 62.57% 29.50%
Healthcare 		9.98% 0.00% 39.76% 75.91%
Communication Services 		9.46% 0.00% 66.40% 62.47%
Industrials 		5.42% 0.00% 30.65% 59.76%
Consumer Defense 		5.20% 0.00% 25.50% 28.15%
Financial Services 		4.29% 0.00% 43.06% 90.28%
Energy 		1.14% 0.00% 41.09% 34.15%
Real Estate 		0.67% 0.00% 16.05% 56.47%
Basic Materials 		0.41% 0.00% 18.91% 69.06%
Utilities 		0.00% 0.00% 16.07% 56.21%

Stock Geographic Breakdown

Weighting Return Low Return High QALGX % Rank
US 		99.36% 0.00% 130.05% 21.86%
Non US 		0.00% 0.00% 78.10% 56.96%

QALGX - Expenses

Operational Fees

QALGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.29% 0.01% 19.54% 27.07%
Management Fee 0.75% 0.00% 1.50% 79.41%
12b-1 Fee 0.00% 0.00% 1.00% 7.07%
Administrative Fee 0.10% 0.01% 1.02% 50.00%

Sales Fees

QALGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.50% 2.25% 8.50% 49.69%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

QALGX 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.

QALGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 39.00% 0.00% 316.74% 57.06%

QALGX - Distributions

Dividend Yield Analysis

QALGX Category Low Category High QALGX % Rank
Dividend Yield 0.00% 0.00% 28.10% 66.02%

Dividend Distribution Analysis

QALGX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annually Annual Annual

Net Income Ratio Analysis

QALGX Category Low Category High QALGX % Rank
Net Income Ratio -0.27% -6.13% 3.48% 45.73%

Capital Gain Distribution Analysis

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

Distributions History

View More +

QALGX - Fund Manager Analysis

Managers

Daniel Mahr

Start Date

Tenure

Tenure Rank

Aug 31, 2008

13.76

13.8%

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.

Frederick Konopka

Start Date

Tenure

Tenure Rank

Aug 31, 2008

13.76

13.8%

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.

John Lewicke

Start Date

Tenure

Tenure Rank

Sep 30, 2014

7.67

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
0.04 54.45 8.2 2.92

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