Federated Hermes Max-Cap Index Fund Class R Shares (FMXKX)
| Fund Assets | 227.98M |
| Expense Ratio | 1.12% |
| Min. Investment | $1,000,000 |
| Turnover | 37.00% |
| Dividend (ttm) | 0.93 |
| Dividend Yield | 11.65% |
| Dividend Growth | -40.57% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | n/a |
| Previous Close | 7.89 |
| YTD Return | 6.82% |
| 1-Year Return | 13.26% |
| 5-Year Return | 95.43% |
| 52-Week Low | 6.31 |
| 52-Week High | 8.64 |
| Beta (5Y) | n/a |
| Holdings | 478 |
| 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 13.26% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.15%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FDFIX | Fidelity | Fidelity Flex 500 Index Fund | n/a |
| VFFSX | Vanguard | Vanguard 500 Index Institutional Select Shares | 0.01% |
| FLCPX | Fidelity | Fidelity SAI U.S. Large Cap Index Fund | 0.02% |
| VFIAX | Vanguard | Vanguard 500 Index Fund Admiral Shares | 0.04% |
| FXAIX | Fidelity | Fidelity 500 Index Fund | 0.02% |
Top 10 Holdings
35.20% of assets| Name | Symbol | Weight |
|---|---|---|
| Apple Inc. | AAPL | 6.47% |
| Microsoft Corporation | MSFT | 5.90% |
| NVIDIA Corporation | NVDA | 5.40% |
| Federated Government Obligations Fund | GOFXX | 4.25% |
| Amazon.com, Inc. | AMZN | 3.52% |
| Meta Platforms, Inc. | META | 2.48% |
| Berkshire Hathaway Inc | BRKB | 1.93% |
| Alphabet Inc. | GOOGL | 1.88% |
| Broadcom Inc. | AVGO | 1.83% |
| Tesla, Inc. | TSLA | 1.54% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |
| Jun 17, 2024 | $0.005 | Jun 18, 2024 |