About KAUFX
Federated Hermes Kaufmann Fund is a mutual fund focused on achieving capital appreciation by primarily investing in the common stocks of small- and medium-sized companies. The fund typically targets firms that are traded on major U.S. securities exchanges, including the NASDAQ and over-the-counter markets. Up to 30% of its net assets may be allocated to foreign securities, enhancing its geographic diversification. While the fund's main strategy centers on equities, it may also include investments in fixed-income securities, American Depositary Receipts (ADRs), and utilize derivatives or hybrid instruments as part of its approach.
The fund is categorized in the mid-cap growth segment, seeking opportunities within companies demonstrating above-average growth prospects. It is actively managed, with a relatively high portfolio turnover, and is overseen by a team of experienced portfolio managers. The Federated Hermes Kaufmann Fund holds a significant number of positions across diverse sectors, with notable allocations to healthcare, technology, consumer cyclical, industrials, and financial services. Since its inception in 1986, the fund has played a role in providing investors with exposure to dynamic, growth-oriented mid-sized firms, contributing to portfolio diversification and capital growth opportunities within the broader equity market.
Fund Family Federated
Category Mid-Cap Growth
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol KAUFX
Share Class Class R Shares
Index Russell MidCap Growth TR
KAUFX had a total return of 12.46% in the past year, including dividends.
Since the fund's inception, the average annual return has been 11.50%.
