Federated Hermes MDT Large Cap Growth Fund Class A Shares (QALGX)
| Fund Assets | 2.78B |
| Expense Ratio | 1.00% |
| Min. Investment | $1,500 |
| Turnover | 58.00% |
| Dividend (ttm) | 1.22 |
| Dividend Yield | 3.21% |
| Dividend Growth | 199.50% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 12, 2024 |
| Previous Close | 35.77 |
| YTD Return | 7.22% |
| 1-Year Return | 21.93% |
| 5-Year Return | 158.81% |
| 52-Week Low | 27.24 |
| 52-Week High | 36.33 |
| Beta (5Y) | n/a |
| Holdings | 101 |
| Inception Date | Sep 15, 2005 |
About QALGX
Federated Hermes MDT Large Cap Growth Fund Class A Shares is a mutual fund focused on achieving long-term capital appreciation by investing primarily in common stocks of large-sized U.S. companies. The fund employs a quantitative investment approach, leveraging proprietary models to identify growth opportunities within the large-cap segment of the U.S. equity market. Its portfolio is notably concentrated in technology and communication services sectors, with top holdings including leading firms such as Microsoft, NVIDIA, Apple, Alphabet, and Amazon. This focus on high-growth industries positions the fund to benefit from innovation-driven market segments. With approximately 46% of its assets invested in its top ten holdings, the fund maintains a targeted exposure to dominant market leaders. Managed by an experienced team, the fund’s disciplined process seeks to capitalize on long-term trends while managing risk through diversification within the large-cap growth category. As a result, Federated Hermes MDT Large Cap Growth Fund Class A Shares serves as a core growth-oriented investment option for investors seeking exposure to U.S. large-cap equities.
Performance
QALGX had a total return of 21.93% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.82%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FACGX | Fidelity | Fidelity Advisor Growth Opportunities Fund - Class C | 1.49% |
| FAGOX | Fidelity | Fidelity Advisor Growth Opportunities Fund - Class M | 0.99% |
| FAGCX | Fidelity | Fidelity Advisor Growth Opportunities Fund - Class I | 0.49% |
| FZAHX | Fidelity | Fidelity Advisor Growth Opportunities Fund - Class Z | 0.37% |
| FAGAX | Fidelity | Fidelity Advisor Growth Opportunities Fund - Class A | 0.74% |
Top 10 Holdings
44.07% of assets| Name | Symbol | Weight |
|---|---|---|
| Microsoft Corporation | MSFT | 7.70% |
| Apple Inc. | AAPL | 6.85% |
| NVIDIA Corporation | NVDA | 6.41% |
| Amazon.com, Inc. | AMZN | 4.45% |
| Alphabet Inc. | GOOGL | 4.41% |
| Meta Platforms, Inc. | META | 3.66% |
| QUALCOMM Incorporated | QCOM | 2.87% |
| Costco Wholesale Corporation | COST | 2.84% |
| Spotify Technology S.A. | SPOT | 2.45% |
| Fortinet, Inc. | FTNT | 2.42% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2024 | $1.2156 | Dec 13, 2024 |
| Dec 12, 2023 | $0.40587 | Dec 13, 2023 |
| Dec 6, 2022 | $2.75274 | Dec 7, 2022 |
| Dec 6, 2021 | $5.92813 | Dec 7, 2021 |
| Dec 4, 2020 | $2.10408 | Dec 7, 2020 |
| Dec 5, 2019 | $1.11193 | Dec 6, 2019 |