- What does FMDCX invest in?
- The fund primarily invests its capital in common shares that constitute the S&P MidCap 400 Index. This particular index offers a comprehensive, market capitalization-weighted benchmark of medium-sized U.S. companies, encompassing a diverse range of key industries. To achieve its investment objectives, the fund also maintains the option to utilize derivative instruments, such as futures contracts.
- What is the expense ratio of FMDCX?
- Federated Hermes Mid Cap Index Fund (FMDCX) charges an expense ratio of 0.57%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is FMDCX?
- Federated Hermes Mid Cap Index Fund (FMDCX) manages $288.5M 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 FMDCX actively managed or an index fund?
- FMDCX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was FMDCX launched?
- Federated Hermes Mid Cap Index Fund (FMDCX) launched in November 1992 and is managed by Federated Hermes.
- How has FMDCX performed?
- FMDCX'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.
