Federated Hermes Kaufmann Small Cap Fund Institutional Shares (FKAIX)
| Fund Assets | 2.97B |
| Expense Ratio | 0.90% |
| Min. Investment | $1,000,000 |
| Turnover | 34.00% |
| Dividend (ttm) | 9.09 |
| Dividend Yield | 19.60% |
| Dividend Growth | 176.63% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 8, 2025 |
| Previous Close | 45.86 |
| YTD Return | 1.27% |
| 1-Year Return | 9.45% |
| 5-Year Return | -13.58% |
| 52-Week Low | 32.48 |
| 52-Week High | 48.21 |
| Beta (5Y) | n/a |
| Holdings | 147 |
| 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 9.45% in the past year, including dividends. Since the fund's inception, the average annual return has been 16.92%.
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
24.86% of assets| Name | Symbol | Weight |
|---|---|---|
| argenx SE | ARGX | 5.09% |
| Comfort Systems USA, Inc. | FIX | 3.56% |
| Rhythm Pharmaceuticals, Inc. | RYTM | 2.37% |
| Guardant Health, Inc. | GH | 2.20% |
| Camtek Ltd. | CAMT | 2.14% |
| MongoDB, Inc. | MDB | 2.07% |
| ATI Inc. | ATI | 2.00% |
| Rubrik, Inc. | RBRK | 1.83% |
| Shopify Inc. | SHOP | 1.82% |
| Applied Industrial Technologies, Inc. | AIT | 1.79% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 8, 2025 | $9.09042 | Dec 9, 2025 |
| 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 |