Federated Hermes MDT Mid Cap Growth Fund Institutional Shares (FGSIX)
| Fund Assets | 4.16B |
| Expense Ratio | 0.85% |
| Min. Investment | $1,000,000 |
| Turnover | 75.00% |
| Dividend (ttm) | 2.49 |
| Dividend Yield | 3.58% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 10, 2024 |
| Previous Close | 69.33 |
| YTD Return | 11.30% |
| 1-Year Return | 35.22% |
| 5-Year Return | 110.52% |
| 52-Week Low | 50.15 |
| 52-Week High | 69.53 |
| Beta (5Y) | n/a |
| Holdings | 126 |
| Inception Date | Jan 29, 2010 |
About FGSIX
Federated Hermes MDT Mid Cap Growth Fund Institutional Shares is a mutual fund focused on achieving capital appreciation by investing primarily in the common stocks of domestic mid-capitalization companies with strong growth potential. The fund utilizes a quantitatively driven, bottom-up stock selection process designed to minimize emotional biases and capitalize on market inefficiencies. This disciplined method combines fundamental and technical measures, assesses expected trading costs, and uses diversification and risk controls to shape its portfolio. The fund typically mirrors the sector composition of the Russell Midcap Growth Index, often featuring higher allocations in sectors such as information technology, healthcare, industrials, and consumer discretionary. Managed by a specialized team, the fund aims to provide exposure to innovative and high-growth mid-sized U.S. companies, making it significant for investors seeking diversified access to this dynamic segment of the equity market. Dividends are distributed annually and the fund maintains a competitive expense ratio relative to its peers.
Performance
FGSIX had a total return of 35.22% in the past year, including dividends. Since the fund's inception, the average annual return has been 14.47%.
Top 10 Holdings
26.96% of assets| Name | Symbol | Weight |
|---|---|---|
| Palantir Technologies Inc. | PLTR | 6.16% |
| DexCom, Inc. | DXCM | 2.98% |
| Ameriprise Financial, Inc. | AMP | 2.98% |
| Federated Government Obligations Fund | GOFXX | 2.38% |
| Deckers Outdoor Corporation | DECK | 2.20% |
| AppLovin Corporation | APP | 2.19% |
| Equitable Holdings, Inc. | EQH | 2.08% |
| Celanese Corporation | CE | 2.01% |
| Teradyne, Inc. | TER | 2.00% |
| Cheniere Energy, Inc. | LNG | 1.99% |
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 |