About FKASX
Federated Hermes Kaufmann Small Cap Fund Class A Shares is a mutual fund focused on delivering capital appreciation by investing primarily in the common stocks of small-cap companies, typically those listed on major U.S. exchanges and the NASDAQ. The fund employs a growth-oriented, bottom-up stock selection process, targeting reasonably priced companies with strong potential for expansion. Its portfolio is diversified across sectors, with notable allocations in healthcare, financial services, technology, consumer cyclical, and industrials, and may allocate up to 30% of assets to foreign securities. The fund maintains an active management approach, with a turnover rate near 31%, and refrains from regular income distributions, reflecting its primary goal of growth over dividends. Federated Hermes Kaufmann Small Cap Fund plays a distinctive role in the financial market by offering investors exposure to the dynamic small-cap growth segment, which can provide diversification and potentially higher long-term returns albeit with increased volatility and risk compared to large-cap or value-oriented funds.
Fund Family Federated
Category Small Growth
Performance Rating Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol FKASX
Share Class Class A Shares
Index Russell 2000 Growth TR
FKASX had a total return of 6.22% in the past year, including dividends. Since the fund's
inception, the average annual return has been 12.37%.
