About FMSTX
Federated Hermes MDT Large Cap Value Fund Institutional Shares is a mutual fund focused on large-cap U.S. equities that appear undervalued relative to the overall market. The fund seeks both growth of income and capital through primary investment in common stocks of established, large-cap companies, typically drawn from the Russell 1000 Value Index. Its investment approach emphasizes valuation metrics, targeting firms that may offer higher dividend yields and income components compared to growth-oriented peers. The portfolio is diversified across multiple sectors, with notable allocations to healthcare, financial services, technology, and industrials, as reflected in the fund’s top holdings. Federated Hermes, as the fund advisor, actively manages the asset mix, allowing for sector adjustments based on market dynamics and perceived value opportunities. With over $1.5 billion in assets, the fund plays a significant role in the large-cap value segment, serving institutional investors seeking exposure to established U.S. corporations with potential for price appreciation and income generation.
Fund Family Federated
Category Large Value
Performance Rating High
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol FMSTX
Share Class Institutional Shares
Index Russell 1000 Value TR
FMSTX had a total return of 30.77% in the past year, including dividends. Since the fund's
inception, the average annual return has been 13.45%.
