About FSTLX
Federated Hermes MDT Large Cap Value Fund R6 is a mutual fund that primarily seeks long-term growth of income and capital by investing in common stocks of large-cap U.S. companies considered undervalued relative to the market. With a focus on the large value category, the fund targets established companies, often with strong balance sheets, stable earnings, and a tendency to pay dividends. Its investment strategy emphasizes value stocks, which typically feature above-average dividend yields and potential for capital appreciation over time, though their returns may lag growth stocks in certain market conditions.
The fund maintains a diversified portfolio, with its top holdings spanning sectors such as healthcare, financial services, technology, energy, and industrials. Notable holdings include AbbVie Inc., JPMorgan Chase & Co., Fortinet Inc., and EOG Resources. As of the most recent reporting, the top ten holdings accounted for roughly 19.5% of assets, and the fund managed approximately $1.7 billion in total assets. The expense ratio is 0.69%, positioning the fund as cost-effective relative to many peers. Federated Hermes MDT Large Cap Value Fund R6 serves as a core holding for retirement and institutional investors seeking broad exposure to U.S. large-cap value equities while maintaining disciplined risk controls and sector diversification.
Fund Family Federated
Category Large Value
Performance Rating High
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol FSTLX
Share Class Class R6 Shares
Index Russell 1000 Value TR
FSTLX had a total return of 27.69% in the past year, including dividends. Since the fund's
inception, the average annual return has been 13.78%.
