Federated Hermes Kaufmann Large Cap Fund Institutional Shares

Frequently Asked Questions About KLCIX

What does KLCIX invest in?

This fund's primary objective is to achieve capital growth. It predominantly invests in common stocks issued by substantial corporations, which are traded across major national securities exchanges, the NASDAQ market, and the over-the-counter market. Typically, at least 80% of the fund's net assets (including any capital obtained through borrowing for investment purposes) will be allocated to large-capitalization companies. Should the fund decide to modify its investment policy to permit less than an 80% allocation to large companies, shareholders will receive notification a minimum of 60 days in advance of such a change.

What is the expense ratio of KLCIX?

Federated Hermes Kaufmann Large Cap Fund Institutional Shares (KLCIX) charges an expense ratio of 0.84%. This is the annual fee deducted from fund assets to cover management and operations.

How big is KLCIX?

Federated Hermes Kaufmann Large Cap Fund Institutional Shares (KLCIX) manages $1.18B 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 KLCIX actively managed or an index fund?

KLCIX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was KLCIX launched?

Federated Hermes Kaufmann Large Cap Fund Institutional Shares (KLCIX) launched in December 2007 and is managed by Federated Hermes.

How has KLCIX performed?

KLCIX'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.