- What does FKASX invest in?
- This fund primarily channels its investments into the common stock of smaller companies. These securities are sourced from national stock exchanges, the NASDAQ Stock Market, and the over-the-counter market. A fundamental commitment ensures that no less than 80% of its net assets, including any capital borrowed for investment purposes, will habitually be dedicated to small company holdings. Moreover, should the fund decide to alter this investment strategy, permitting less than 80% of its net assets to be invested in small companies, shareholders will be notified at least 60 days in advance.
- What is the expense ratio of FKASX?
- Federated Hermes Kaufmann Small Cap A (FKASX) charges an expense ratio of 1.36%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is FKASX?
- Federated Hermes Kaufmann Small Cap A (FKASX) is one share class of a fund that manages $2.80B across all of its share classes (FKKSX reports the same total). Our data does not carry the assets of this share class alone. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.
- Is FKASX actively managed or an index fund?
- FKASX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (FKASX's is 1.36%) in exchange for the discretion to over- or under-weight positions.
- When was FKASX launched?
- Federated Hermes Kaufmann Small Cap A (FKASX) launched in December 2002 and is managed by Federated Hermes.
- How has FKASX performed?
- FKASX'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.
