# Federated Hermes MDT Large Cap Core ETF (FLCC): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/flcc for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Federated Hermes · Asset class: Equity - Strategy: Actively Managed · Inception: 2024-07-30 This ETF's primary investment strategy involves concentrating its holdings in the common stock of prominent, large-capitalization U.S. companies. A core rule dictates that a minimum of 80% of its investable assets—encompassing both net assets and any funds leveraged for investment—must be allocated to these substantial firms. The fund operates under active management, with its portfolio manager frequently trading securities in an effort to meet its investment targets. ## Key Facts | Metric | Value | |---|---| | Price | $36.95 | | Expense Ratio | 0.40% | | Assets Under Management | $180.4M | | NAV | $36.89 | | Holdings Count | 151 | | Distribution Yield (TTM) | 0.44% | | Annual Distribution (TTM) | $0.16 /share | | Distribution Frequency | Irregular | | 52-Week Range | $29.88 – $37.55 | | Beta | 0.91 | ## Latest Distribution - Amount: $0.1639 /share - Ex-date: 2025-12-31 - Pay date: 2026-01-02 ## Frequently Asked Questions ### What does FLCC invest in? This ETF's primary investment strategy involves concentrating its holdings in the common stock of prominent, large-capitalization U.S. companies. A core rule dictates that a minimum of 80% of its investable assets—encompassing both net assets and any funds leveraged for investment—must be allocated to these substantial firms. The fund operates under active management, with its portfolio manager frequently trading securities in an effort to meet its investment targets. ### What is the expense ratio of FLCC? Federated Hermes MDT Large Cap Core ETF (FLCC) charges an expense ratio of 0.40%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is FLCC? Federated Hermes MDT Large Cap Core ETF (FLCC) manages $180.4M 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 FLCC actively managed or an index fund? FLCC is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (FLCC's is 0.40%) in exchange for the discretion to over- or under-weight positions. ### When was FLCC launched? Federated Hermes MDT Large Cap Core ETF (FLCC) launched in July 2024 and is managed by Federated Hermes. ### How has FLCC performed? FLCC'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. ### Does FLCC pay a dividend? Federated Hermes MDT Large Cap Core ETF (FLCC) currently distributes little or no income. Trailing-twelve-month yield is 0.44%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does FLCC pay dividends? Federated Hermes MDT Large Cap Core ETF pays dividends Irregular. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is FLCC's dividend yield? FLCC's trailing-twelve-month yield is 0.44%, calculated from the sum of dividends over the past year divided by the current price. ### When is FLCC's next ex-dividend date? The most recently announced ex-dividend date for FLCC was 2025-12-31. The next ex-date typically follows Irregular; once announced it appears at the top of the dividend history table on this page. ### How much will FLCC's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.40% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does FLCC charge its expense ratio? The expense ratio is deducted in tiny daily slices from FLCC's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does FLCC cost more than a fund like VOO? FLCC is actively managed (current expense ratio 0.40%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether FLCC's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to FLCC? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as FLCC (0.40%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/flcc - Distribution history: https://www.dividenddata.com/funds/flcc/dividend - Holdings & diversification: https://www.dividenddata.com/funds/flcc/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/flcc/expenses - Peer comparison: https://www.dividenddata.com/funds/flcc/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.