About KLCCX
Federated Hermes Kaufmann Large Cap Fund Class C is an actively managed mutual fund focused on large-cap growth equities. Its primary objective is long-term capital appreciation by investing in established companies with substantial market capitalizations, predominantly in the United States. The fund emphasizes firms demonstrating strong, above-average growth potential, particularly in rapidly expanding industries.
The portfolio is notably concentrated in leading technology, consumer cyclical, healthcare, and communication services companies, with significant allocations to industry giants such as NVIDIA, Microsoft, Amazon, Apple, and Meta Platforms. The fund’s top ten holdings represent nearly half of portfolio assets, reflecting a high-conviction approach to stock selection. While designed for growth, the fund does not typically generate significant income, as many holdings reinvest earnings rather than pay dividends.
Federated Hermes Kaufmann Large Cap Fund Class C plays a significant role in the large-cap growth segment of the mutual fund landscape. Its growth-oriented strategy and focused portfolio construction position it as a vehicle for investors seeking exposure to leading, innovative companies shaping major market trends. However, the fund carries the inherent risks of equity investing, including market volatility and sector concentration.
Fund Family Federated
Category Large Growth
Performance Rating Below Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol KLCCX
Share Class Class C Shares
Index Russell 1000 Growth TR
KLCCX had a total return of 20.25% in the past year, including dividends. Since the fund's
inception, the average annual return has been 11.66%.
