Federated Hermes Max-Cap Index Fund Service Shares (FMXSX)
| Fund Assets | 261.92M |
| Expense Ratio | 0.67% |
| Min. Investment | $1,000,000 |
| Turnover | 37.00% |
| Dividend (ttm) | 0.06 |
| Dividend Yield | 0.71% |
| Dividend Growth | -31.40% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Dec 15, 2025 |
| Previous Close | 8.10 |
| YTD Return | 16.70% |
| 1-Year Return | 13.54% |
| 5-Year Return | 93.15% |
| 52-Week Low | 5.88 |
| 52-Week High | 8.20 |
| Beta (5Y) | 0.97 |
| Holdings | 470 |
| Inception Date | Sep 7, 1993 |
About FMXSX
Federated Hermes Max-Cap Index Fund Service Shares is a mutual fund designed to mirror the performance of the S&P 500 Index, one of the most widely recognized benchmarks for large-cap U.S. equities. The fund invests primarily in the common stocks of companies included in this index, providing investors with exposure to a diversified portfolio that represents major sectors of the U.S. economy, such as technology, consumer discretionary, and communication services. Top holdings typically include industry leaders like Apple, NVIDIA, and Microsoft. This fund serves as a core large-cap stock allocation within a diversified investment strategy, offering systematic, passive exposure to the U.S. stock market's largest and most influential corporations. It features quarterly dividend payments and maintains a portfolio that closely matches the risk and return profile of its S&P 500 benchmark, with a portfolio beta of approximately 1.00. By tracking the S&P 500, it provides investors with broad market access and transparency, playing a significant role in long-term portfolio construction for institutional and individual investors alike.
Performance
FMXSX had a total return of 13.54% in the past year, including dividends. Since the fund's inception, the average annual return has been 23.23%.
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
39.89% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 7.34% |
| Microsoft Corporation | MSFT | 6.20% |
| Apple Inc. | AAPL | 6.14% |
| E-mini S&P 500 Future Dec 25 | n/a | 3.84% |
| Federated Government Obligations Fund | GOFXX | 3.57% |
| Amazon.com, Inc. | AMZN | 3.42% |
| Meta Platforms, Inc. | META | 2.59% |
| Broadcom Inc. | AVGO | 2.52% |
| Alphabet, Inc. | GOOGL | 2.30% |
| Tesla, Inc. | TSLA | 1.98% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 15, 2025 | $0.6236 | Dec 16, 2025 |
| Sep 15, 2025 | $0.010 | Sep 16, 2025 |
| Jun 16, 2025 | $0.0136 | Jun 17, 2025 |
| Mar 17, 2025 | $0.0131 | Mar 18, 2025 |
| Dec 16, 2024 | $0.0211 | Dec 17, 2024 |
| Dec 12, 2024 | $0.90205 | Dec 13, 2024 |