- 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 $1.88B 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 the fund issuer.
- 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.
