Federated Hermes Mid-Cap Index Fund Service Shares (FMDCX)
| Fund Assets | 276.15M |
| Expense Ratio | 0.57% |
| Min. Investment | $1,000,000 |
| Turnover | 33.00% |
| Dividend (ttm) | 1.59 |
| Dividend Yield | 9.90% |
| Dividend Growth | -33.86% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Dec 15, 2025 |
| Previous Close | 15.97 |
| YTD Return | 7.83% |
| 1-Year Return | 12.55% |
| 5-Year Return | 49.52% |
| 52-Week Low | 11.49 |
| 52-Week High | 16.23 |
| Beta (5Y) | 1.07 |
| Holdings | 406 |
| Inception Date | Nov 5, 1992 |
About FMDCX
Federated Hermes Mid-Cap Index Fund Service Shares is a mutual fund designed to closely track the performance of the S&P MidCap 400 Index, a capitalization-weighted benchmark representing a broad spectrum of mid-sized U.S. companies across major industries. The fund primarily invests in common stocks found within this index, providing diversified exposure to the often dynamic and growth-oriented mid-cap segment of the U.S. equity market. With a portfolio featuring hundreds of holdings, it spreads risk by limiting concentration in any single company, as evident by a relatively small proportion of assets allocated to the top holdings. The fund aims to mirror the returns of its target index, making it suitable for investors seeking a passively managed strategy focused on mid-cap businesses. Its role in the financial market includes serving as a core component for investors looking to balance risk and potential return between large-cap stability and small-cap growth.
Performance
FMDCX had a total return of 12.55% in the past year, including dividends. Since the fund's inception, the average annual return has been 21.71%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VSPMX | Vanguard | Vanguard S&P Mid-Cap 400 Index Fund Institutional Shares | 0.08% |
Top 10 Holdings
20.79% of assets| Name | Symbol | Weight |
|---|---|---|
| E-mini S&P MidCap 400 Future Mar 26 | n/a | 8.18% |
| Federated Government Obligations Fund | GOFXX | 7.44% |
| Ciena Corporation | CIEN | 0.92% |
| Coherent Corp. | COHR | 0.77% |
| Lumentum Holdings Inc. | LITE | 0.64% |
| Pure Storage, Inc. | PSTG | 0.59% |
| Flex Ltd. | FLEX | 0.59% |
| Twilio Inc. | TWLO | 0.57% |
| United Therapeutics Corporation | UTHR | 0.55% |
| Casey's General Stores, Inc. | CASY | 0.54% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 15, 2025 | $1.50437 | Dec 16, 2025 |
| Sep 15, 2025 | $0.0227 | Sep 16, 2025 |
| Jun 16, 2025 | $0.0302 | Jun 17, 2025 |
| Mar 17, 2025 | $0.0375 | Mar 18, 2025 |
| Dec 16, 2024 | $0.0568 | Dec 17, 2024 |
| Dec 12, 2024 | $2.2493 | Dec 13, 2024 |