- What does FLCV invest in?
- This fund endeavors to fulfill its investment aims by predominantly acquiring common shares of sizable U.S. corporations deemed undervalued in the market. It commits at least 80% of its net assets, including any funds borrowed for investment, to a blend of large-capitalization and value-focused securities. The portfolio's holdings are actively traded by the fund manager in pursuit of its stated investment objective.
- What is the expense ratio of FLCV?
- Federated Hermes MDT Large Cap Value ETF (FLCV) charges an expense ratio of 0.43%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is FLCV?
- Federated Hermes MDT Large Cap Value ETF (FLCV) manages $97.2M 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 FLCV actively managed or an index fund?
- FLCV's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was FLCV launched?
- Federated Hermes MDT Large Cap Value ETF (FLCV) launched in July 2024 and is managed by Federated Hermes.
- How has FLCV performed?
- FLCV'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.