Federated Hermes MDT Large Cap Value Fund Class R6

Frequently Asked Questions About FSTLX

What does FSTLX invest in?

The fund's primary objective is to achieve both capital growth and increasing income for investors. It predominantly allocates its portfolio to equity shares of well-established U.S. corporations deemed undervalued relative to market peers. The investment manager employs a disciplined large-cap value strategy, typically selecting the majority of its holdings from companies featured in the Russell 1000® Value Index. Should the fund's policy shift to permit less than 80% of its total investment capital (net assets supplemented by any borrowed funds) to be allocated to large-cap securities, shareholders will be notified at least 60 days in advance.

What is the expense ratio of FSTLX?

Federated Hermes MDT Large Cap Value Fund Class R6 (FSTLX) charges an expense ratio of 0.70%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FSTLX?

Federated Hermes MDT Large Cap Value Fund Class R6 (FSTLX) is one share class of a fund that manages $1.98B across all of its share classes (FMSTX, FSTKX, FSTRX report the same total). Our data does not carry the assets of this share class alone. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is FSTLX actively managed or an index fund?

FSTLX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (FSTLX's is 0.70%) in exchange for the discretion to over- or under-weight positions.

When was FSTLX launched?

Federated Hermes MDT Large Cap Value Fund Class R6 (FSTLX) launched in July 2016 and is managed by Federated Hermes.

How has FSTLX performed?

FSTLX'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.