Federated Hermes Kaufmann Small Cap IS (FKAIX)
| Fund Assets | 3.34B |
| Expense Ratio | 0.90% |
| Min. Investment | $1,000,000 |
| Turnover | 34.00% |
| Dividend (ttm) | 3.29 |
| Dividend Yield | 6.11% |
| Dividend Growth | 1,528.71% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 27, 2024 |
| Previous Close | 53.44 |
| YTD Return | 10.22% |
| 1-Year Return | 11.59% |
| 5-Year Return | 20.24% |
| 52-Week Low | 38.74 |
| 52-Week High | 56.26 |
| Beta (5Y) | n/a |
| Holdings | 140 |
| Inception Date | Dec 30, 2015 |
About FKAIX
Federated Hermes Kaufmann Small Cap Fund Institutional Shares is an actively managed mutual fund focused on achieving capital appreciation by investing primarily in the common stocks of small-cap companies. The fund typically allocates at least 80% of its net assets to small companies that are traded on major U.S. securities exchanges, including the NASDAQ, but may also include select international holdings, with about 11% of assets in foreign stocks. This strategy aims at identifying reasonably priced growth opportunities among smaller firms with the potential for above-average expansion. Managed by an experienced team with a diverse tenure, the fund employs rigorous fundamental analysis to construct a diversified portfolio, holding around 170 securities with the top ten positions constituting nearly a quarter of assets. It does not have an explicit environmental, social, or governance (ESG) mandate. As an institutional share class, it features a relatively low expense ratio for its category and requires a high minimum investment. The fund's role in the market is to serve institutional and large investors seeking targeted exposure to emerging growth companies in the small-cap segment, offering diversification beyond large-cap and mid-cap equities.
Performance
FKAIX had a total return of 11.59% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.38%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VRTGX | Vanguard | Vanguard Russell 2000 Growth Index Fund Institutional Shares | 0.08% |
Top 10 Holdings
22.18% of assets| Name | Symbol | Weight |
|---|---|---|
| argenx SE | ARGX | 3.98% |
| Federated Govt Oblg Pr Shares | n/a | 2.45% |
| Comfort Systems USA, Inc. | FIX | 2.24% |
| CyberArk Software Ltd. | CYBR | 2.18% |
| Rubrik, Inc. | RBRK | 1.99% |
| Ares Management Corporation | ARES | 1.97% |
| Wingstop Inc. | WING | 1.96% |
| Verona Pharma plc | VRNA | 1.90% |
| Applied Industrial Technologies, Inc. | AIT | 1.80% |
| HEICO Corporation | HEI | 1.71% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 27, 2024 | $0.760 | Dec 30, 2024 |
| Dec 9, 2024 | $2.52609 | Dec 10, 2024 |
| Dec 27, 2023 | $0.1337 | Dec 28, 2023 |
| Dec 7, 2023 | $0.06806 | Dec 8, 2023 |
| Dec 6, 2021 | $4.92624 | Dec 7, 2021 |
| Dec 4, 2020 | $0.07659 | Dec 7, 2020 |