- What does FISPX invest in?
- This fund primarily concentrates its investments in the common stocks that constitute the Standard & Poor's 500 Index. Additionally, it possesses the discretion to utilize derivative instruments, including but not limited to futures agreements, to fulfill its strategic investment objectives.
- What is the expense ratio of FISPX?
- Federated Hermes Max-Cap Index Fund Institutional Shares (FISPX) charges an expense ratio of 0.37%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is FISPX?
- Federated Hermes Max-Cap Index Fund Institutional Shares (FISPX) manages $289.8M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is FISPX actively managed or an index fund?
- FISPX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was FISPX launched?
- Federated Hermes Max-Cap Index Fund Institutional Shares (FISPX) launched in July 1990 and is managed by Federated Hermes.
- How has FISPX performed?
- FISPX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
