Federated Hermes Max-Cap Index R (FMXKX)
| Fund Assets | 249.83M |
| Expense Ratio | 1.12% |
| Min. Investment | $1,000,000 |
| Turnover | 37.00% |
| Dividend (ttm) | 0.93 |
| Dividend Yield | 11.10% |
| Dividend Growth | -40.36% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Sep 15, 2025 |
| Previous Close | 8.36 |
| YTD Return | 12.05% |
| 1-Year Return | 16.28% |
| 5-Year Return | 88.57% |
| 52-Week Low | 6.31 |
| 52-Week High | 8.64 |
| Beta (5Y) | n/a |
| Holdings | 472 |
| Inception Date | Apr 8, 2003 |
About FMXKX
Federated Hermes Max-Cap Index Fund Class R Shares is a mutual fund designed to closely track the aggregate price and performance of the Standard & Poor's 500 Index. Its primary objective is to mirror the returns of this broad-based market benchmark by investing mainly in common stocks of large-cap U.S. companies that comprise the index. The fund employs a large blend investment style, offering exposure to various sectors representative of the overall U.S. equity market. Notably, it maintains a diversified portfolio, with top holdings typically in prominent technology and consumer companies such as Apple, NVIDIA, Microsoft, and Amazon. The fund is structured for retirement-focused investors and features an open status with no minimum initial investment requirement. It aims to provide investors with a straightforward, cost-effective way to participate in the long-term growth of the U.S. stock market, making it suitable for those seeking broad equity market exposure through a passively managed approach. The fund’s role in the financial market centers on delivering diversified large-cap equity exposure that closely replicates the S&P 500’s performance, serving as a core holding in many retirement and diversified investment portfolios.
Performance
FMXKX had a total return of 16.28% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.28%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VINIX | Vanguard | Vanguard Institutional Index I | 0.03% |
Top 10 Holdings
38.40% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 6.77% |
| Microsoft Corporation | MSFT | 6.45% |
| Apple Inc. | AAPL | 5.39% |
| E-mini S&P 500 Future Sept 25 | n/a | 3.92% |
| Federated Government Obligations Fund | GOFXX | 3.81% |
| Amazon.com, Inc. | AMZN | 3.64% |
| Meta Platforms, Inc. | META | 2.82% |
| Broadcom Inc. | AVGO | 2.28% |
| Alphabet Inc. | GOOGL | 1.80% |
| Berkshire Hathaway Inc. | BRK.B | 1.52% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 15, 2025 | $0.0036 | Sep 16, 2025 |
| Jun 16, 2025 | $0.0032 | Jun 17, 2025 |
| Mar 17, 2025 | $0.0048 | Mar 18, 2025 |
| Dec 16, 2024 | $0.013 | Dec 17, 2024 |
| Dec 12, 2024 | $0.90205 | Dec 13, 2024 |
| Sep 16, 2024 | $0.0039 | Sep 17, 2024 |