Federated Hermes Kaufmann Small Cap Fund Institutional Shares (FKAIX)

Fund Assets	2.69B
Expense Ratio	0.876%
Min. Investment	$1,000,000
Turnover	38.00%
Dividend (ttm)	n/a
Dividend Yield	n/a
Dividend Growth	n/a
Payout Frequency	n/a
Ex-Dividend Date	Dec 8, 2025

Previous Close	48.47
YTD Return	2.69%
1-Year Return	5.51%
5-Year Return	-1.04%
52-Week Low	41.10
52-Week High	56.07
Beta (5Y)	1.09
Holdings	146
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.

• Fund Family: Federated
• Category: Small Growth
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: FKAIX
• Share Class: Institutional Shares
• Index: Russell 2000 Growth TR

Performance

FKAIX had a total return of 5.51% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.95%.

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	0.07%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
FKALX	Class R6 Shares	0.89%
FKASX	Class A Shares	1.36%
FKKSX	Class R Shares	1.36%
FKCSX	Class C Shares	2.02%

Top 10 Holdings

27.58% of assets

Name	Symbol	Weight
Comfort Systems USA, Inc.	FIX	4.63%
argenx SE	ARGX	3.45%
ATI Inc.	ATI	2.86%
Guardant Health, Inc.	GH	2.80%
SiTime Corporation	SITM	2.63%
Camtek Ltd.	CAMT	2.38%
Astera Labs, Inc.	ALAB	2.35%
Federated Govt Oblg Pr Shares	n/a	2.17%
Viking Holdings Ltd	VIK	2.16%
Rhythm Pharmaceuticals, Inc.	RYTM	2.15%

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

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

Data Sources Report a data error