Federated Hermes Kaufmann Small Cap Fund Institutional Shares (FKAIX)
| Fund Assets | 2.88B |
| Expense Ratio | 0.90% |
| Min. Investment | $1,000,000 |
| Turnover | 38.00% |
| Dividend (ttm) | 9.09 |
| Dividend Yield | 18.60% |
| Dividend Growth | 176.63% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 8, 2025 |
| Previous Close | 49.42 |
| YTD Return | 7.58% |
| 1-Year Return | 19.87% |
| 5-Year Return | 12.48% |
| 52-Week Low | 41.10 |
| 52-Week High | 56.07 |
| Beta (5Y) | n/a |
| Holdings | 153 |
| 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 19.87% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.94%.
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
24.76% of assets| Name | Symbol | Weight |
|---|---|---|
| Comfort Systems USA, Inc. | FIX | 4.49% |
| argenx SE | ARGX | 3.21% |
| ATI Inc. | ATI | 2.89% |
| Camtek Ltd. | CAMT | 2.79% |
| Guardant Health, Inc. | GH | 2.12% |
| UL Solutions Inc. | ULS | 2.12% |
| Rhythm Pharmaceuticals, Inc. | RYTM | 1.93% |
| Viking Holdings Ltd | VIK | 1.79% |
| Applied Industrial Technologies, Inc. | AIT | 1.79% |
| XPO, Inc. | XPO | 1.63% |
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 |