# Federated Hermes MDT Small Cap Growth IS (QISGX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/qisgx 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: Passive Index · Inception: 2005-09-16 The fund invests primarily in the common stock of small U.S. companies. Its investment adviser's ("Adviser") investment strategy utilizes a small capitalization growth approach by selecting most of its investments from companies listed in the Russell 2000® Growth Index. The fund will invest its assets so that at least 80% of its net assets (plus any borrowing for investment purposes) are invested in investments in small companies. The fund's manager considers a small company to be a company of a size similar to companies listed on the Russell 2000® Growth Index. ## Key Facts | Metric | Value | |---|---| | Price | $35.88 | | Expense Ratio | 0.89% | | Assets Under Management | $603.7M | | NAV | $35.88 | | Holdings Count | — | | Distribution Yield (TTM) | 3.47% | | Annual Distribution (TTM) | $1.25 /share | | Distribution Frequency | Irregular | | 52-Week Range | $29.58 – $39.61 | | Beta | 1.37 | ## Latest Distribution - Amount: $1.2465 /share - Ex-date: 2025-12-11 - Pay date: 2025-12-12 ## Frequently Asked Questions ### What does QISGX invest in? The fund invests primarily in the common stock of small U.S. companies. Its investment adviser's ("Adviser") investment strategy utilizes a small capitalization growth approach by selecting most of its investments from companies listed in the Russell 2000® Growth Index. The fund will invest its assets so that at least 80% of its net assets (plus any borrowing for investment purposes) are invested in investments in small companies. The fund's manager considers a small company to be a company of a size similar to companies listed on the Russell 2000® Growth Index. ### What is the expense ratio of QISGX? Federated Hermes MDT Small Cap Growth IS (QISGX) charges an expense ratio of 0.89%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is QISGX? Federated Hermes MDT Small Cap Growth IS (QISGX) manages $603.7M 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 QISGX actively managed or an index fund? QISGX 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 (QISGX's is 0.89%) because there's no security selection cost. ### When was QISGX launched? Federated Hermes MDT Small Cap Growth IS (QISGX) launched in September 2005 and is managed by Federated Hermes. ### How has QISGX performed? QISGX'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 QISGX pay a dividend? Federated Hermes MDT Small Cap Growth IS (QISGX) currently distributes little or no income. Trailing-twelve-month yield is 3.47%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does QISGX pay dividends? Federated Hermes MDT Small Cap Growth IS pays dividends Irregular. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is QISGX's dividend yield? QISGX's trailing-twelve-month yield is 3.47%, calculated from the sum of dividends over the past year divided by the current price. ### When is QISGX's next ex-dividend date? The most recently announced ex-dividend date for QISGX was 2025-12-11. The next ex-date typically follows Irregular; once announced it appears at the top of the dividend history table on this page. ### How much will QISGX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.89% 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 QISGX charge its expense ratio? The expense ratio is deducted in tiny daily slices from QISGX'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 QISGX cost more than a fund like VOO? QISGX is a passive index fund (current expense ratio 0.89%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to QISGX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as QISGX (0.89%) 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/qisgx - Distribution history: https://www.dividenddata.com/funds/qisgx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/qisgx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/qisgx/expenses - Peer comparison: https://www.dividenddata.com/funds/qisgx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.