Federated Hermes MDT Mid Cap Growth A (FGSAX)
| Fund Assets | 4.77B |
| Expense Ratio | 1.15% |
| Min. Investment | $1,500 |
| Turnover | 75.00% |
| Dividend (ttm) | 2.49 |
| Dividend Yield | 3.59% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 10, 2024 |
| Previous Close | 65.77 |
| YTD Return | 13.91% |
| 1-Year Return | 31.98% |
| 5-Year Return | 115.20% |
| 52-Week Low | 47.39 |
| 52-Week High | 66.24 |
| Beta (5Y) | 1.15 |
| Holdings | 127 |
| Inception Date | Aug 23, 1984 |
About FGSAX
The Federated Hermes MDT Mid Cap Growth Fund Class A is a mutual fund focused on capital appreciation by investing primarily in domestic, mid-capitalization companies exhibiting strong growth prospects. The fund utilizes a quantitative investment approach, employing data-driven models and analysis to select a diversified mix of mid-cap stocks across sectors such as technology, communication services, financials, and consumer cyclicals. This strategy seeks to identify companies that are poised for above-average earnings growth compared to their peers. A distinguishing feature of the fund is its exposure to mid-sized firms, which can offer more growth potential than larger, mature companies but may also present higher volatility and risk due to narrower markets and fewer financial resources. The portfolio maintains a relatively concentrated set of holdings, with a significant portion allocated to its top ten positions. The fund’s key role in the financial market lies in providing investors access to the growth segment of mid-cap equities, serving as a tool for portfolio diversification and capital growth within long-term investment strategies.
Performance
FGSAX had a total return of 31.98% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.32%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
29.09% of assets| Name | Symbol | Weight |
|---|---|---|
| Palantir Technologies Inc. | PLTR | 7.57% |
| Zscaler, Inc. | ZS | 3.34% |
| Roblox Corporation | RBLX | 2.96% |
| Ameriprise Financial, Inc. | AMP | 2.56% |
| Federated Govt Oblg Pr Shares | n/a | 2.50% |
| DexCom, Inc. | DXCM | 2.40% |
| Toast, Inc. | TOST | 1.95% |
| Cencora, Inc. | COR | 1.95% |
| EMCOR Group, Inc. | EME | 1.94% |
| AppLovin Corporation | APP | 1.92% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 10, 2024 | $2.49152 | Dec 11, 2024 |
| Dec 6, 2022 | $0.82122 | Dec 7, 2022 |
| Dec 6, 2021 | $12.41804 | Dec 7, 2021 |
| Dec 4, 2020 | $3.53316 | Dec 7, 2020 |
| Dec 5, 2019 | $3.22256 | Dec 6, 2019 |
| Dec 10, 2018 | $4.85116 | Dec 11, 2018 |