Federated Hermes MDT Large Cap Value Fund Class A

Frequently Asked Questions About FSTRX

What does FSTRX invest in?

This fund aims to enhance both the income generated and the overall value of an investment. It primarily invests in the common shares of large American companies that are believed to be trading below their true market worth. The fund's management team employs a large-cap value investment strategy, drawing a substantial portion of its holdings from companies featured in the Russell 1000® Value Index. Should there be a policy change that would allow the fund to typically invest under 80% of its net assets (plus any borrowed capital for investment) in large-cap holdings, the adviser commits to providing shareholders with at least 60 days' prior notice.

What is the expense ratio of FSTRX?

Federated Hermes MDT Large Cap Value Fund Class A (FSTRX) charges an expense ratio of 0.99%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FSTRX?

Federated Hermes MDT Large Cap Value Fund Class A (FSTRX) 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 FSTRX actively managed or an index fund?

FSTRX 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 (FSTRX's is 0.99%) because there's no security selection cost.

When was FSTRX launched?

Federated Hermes MDT Large Cap Value Fund Class A (FSTRX) launched in May 2014 and is managed by the fund issuer.

How has FSTRX performed?

FSTRX'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.