Federated Hermes MDT Large Cap Value Fund

Frequently Asked Questions About FMSTX

What does FMSTX invest in?

This fund primarily invests in the equity of sizable American corporations deemed undervalued relative to market peers. Its investment manager employs a large-cap value methodology, predominantly selecting holdings from companies featured in the Russell 1000® Value Index. Shareholders will receive at least 60 days' advance notice from the adviser if any policy changes would allow the fund to regularly allocate less than 80% of its net assets (including any borrowed capital for investment purposes) to large-capitalization holdings.

What is the expense ratio of FMSTX?

Federated Hermes MDT Large Cap Value Fund (FMSTX) charges an expense ratio of 0.77%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FMSTX?

Federated Hermes MDT Large Cap Value Fund (FMSTX) manages $1.97B 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 FMSTX actively managed or an index fund?

FMSTX is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (FMSTX's is 0.77%) because there's no security selection cost.

When was FMSTX launched?

Federated Hermes MDT Large Cap Value Fund (FMSTX) launched in January 2010 and is managed by Federated Hermes.

How has FMSTX performed?

FMSTX'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.