Federated Hermes Max-Cap Index Fund Class R Shares (FMXKX)
| Fund Assets | 260.06M |
| Expense Ratio | 1.12% |
| Min. Investment | $0.00 |
| Turnover | 31.00% |
| Dividend (ttm) | 0.63 |
| Dividend Yield | 7.69% |
| Dividend Growth | -32.62% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Dec 15, 2025 |
| Previous Close | 8.16 |
| YTD Return | 0.50% |
| 1-Year Return | 15.95% |
| 5-Year Return | 84.65% |
| 52-Week Low | 5.86 |
| 52-Week High | 8.23 |
| 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 15.95% in the past year, including dividends. Since the fund's inception, the average annual return has been 26.47%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
40.42% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 7.15% |
| Apple Inc. | AAPL | 6.34% |
| Microsoft Corporation | MSFT | 5.67% |
| E-mini S&P 500 Future Mar 26 | n/a | 3.95% |
| Federated Government Obligations Fund | GOFXX | 3.78% |
| Amazon.com, Inc. | AMZN | 3.50% |
| Alphabet Inc. | GOOGL | 2.87% |
| Broadcom Inc. | AVGO | 2.58% |
| Alphabet Inc. | GOOG | 2.30% |
| Meta Platforms, Inc. | META | 2.27% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 15, 2025 | $0.6155 | Dec 16, 2025 |
| 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 |