About KLCIX
The Federated Hermes Kaufmann Large Cap Fund Institutional Shares is an actively managed mutual fund dedicated to seeking capital appreciation by investing primarily in the common stocks of large-cap companies. The fund targets equities of established firms that are traded on major U.S. securities exchanges, focusing on those with substantial market capitalizations and significant roles in their respective sectors. Emphasizing a large growth investment style, the portfolio is heavily weighted toward technology, consumer, healthcare, and industrial leaders, with major positions in prominent companies such as NVIDIA, Microsoft, and Amazon. The fund's strategy allows it to respond dynamically to market shifts while maintaining a diversified lineup, as illustrated by its top holdings typically representing a significant portion of assets. As an institutional share class, it is tailored for larger investors, featuring a competitive expense ratio and a high minimum investment. The fund is notable for its substantial annual capital gains distributions, reflecting active management and turnover. Overall, it serves investors seeking exposure to the growth potential of major U.S. corporations, playing a significant role in portfolios that require large-cap equity exposure.
Fund Family Federated
Category Large Growth
Performance Rating Below Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol KLCIX
Share Class Institutional Shares
Index Russell 1000 Growth TR
KLCIX had a total return of 9.80% in the past year, including dividends. Since the fund's
inception, the average annual return has been 21.47%.
