# Federated Hermes MDT Large Cap Value Fund Class A (FSTRX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/fstrx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Federated Hermes · Asset class: Equity - Strategy: Actively Managed · Inception: 2014-05-01 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... ## Key Facts | Metric | Value | |---|---| | Price | $42.40 | | Expense Ratio | 0.99% | | AUM (All Share Classes) | $1.96B | | NAV | $42.40 | | Holdings Count | — | | Distribution Yield (TTM) | 4.96% | | Annual Distribution (TTM) | $2.10 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $34.24 – $42.65 | | Beta | 0.81 | ## Latest Distribution - Amount: $0.0270 /share - Ex-date: 2026-09-16 - Pay date: 2026-09-17 ## Frequently Asked Questions ### 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) is one share class of a fund that manages $1.96B across all of its share classes (FMSTX, FSTKX, FSTLX 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 FSTRX actively managed or an index fund? FSTRX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (FSTRX's is 0.99%) in exchange for the discretion to over- or under-weight positions. ### When was FSTRX launched? Federated Hermes MDT Large Cap Value Fund Class A (FSTRX) launched in May 2014 and is managed by Federated Hermes. ### 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. ### Does FSTRX pay a dividend? Federated Hermes MDT Large Cap Value Fund Class A (FSTRX) currently distributes little or no income. Trailing-twelve-month yield is 4.96%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does FSTRX pay dividends? Federated Hermes MDT Large Cap Value Fund Class A pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is FSTRX's dividend yield? FSTRX's trailing-twelve-month yield is 4.96%, calculated from the sum of dividends over the past year divided by the current price. ### When is FSTRX's next ex-dividend date? The most recently announced ex-dividend date for FSTRX was 2026-09-16. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will FSTRX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.99% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does FSTRX charge its expense ratio? The expense ratio is deducted in tiny daily slices from FSTRX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does FSTRX cost more than a fund like VOO? FSTRX is actively managed (current expense ratio 0.99%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether FSTRX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to FSTRX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as FSTRX (0.99%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/fstrx - Distribution history: https://www.dividenddata.com/funds/fstrx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/fstrx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/fstrx/expenses - Peer comparison: https://www.dividenddata.com/funds/fstrx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.