About FSTKX
Federated Hermes MDT Large Cap Value Fund Service Shares is a mutual fund focused on achieving growth of income and capital by investing primarily in common stocks of large-cap U.S. companies considered undervalued relative to the market. The fund utilizes a value-oriented strategy, targeting firms with attractive valuations and strong financial profiles across sectors such as healthcare, technology, financial services, and industrials. Notable holdings include established companies like Johnson & Johnson, AbbVie, GoDaddy, and Bank of New York Mellon, reflecting a diversified approach within the large-cap value space. Managed actively, the fund is characterized by a relatively high turnover rate and a competitive institutional share class. With total assets around $1.5 billion and a focus on fundamental analysis supplemented by quantitative modeling, the fund plays a significant role for investors seeking exposure to mature, value-oriented U.S. equities as part of a diversified portfolio. While its expense ratio is higher than many peers, the fund offers access to a time-tested investment process targeting risk-adjusted returns in the large value category.
Fund Family Federated
Category Large Value
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol FSTKX
Share Class Service Shares
Index Russell 1000 Value TR
FSTKX had a total return of 20.08% in the past year, including dividends. Since the fund's
inception, the average annual return has been 20.49%.
