About QCLGX
Federated Hermes MDT Large Cap Growth Fund Class C is an actively managed mutual fund focused on seeking long-term capital appreciation. The fund primarily invests in the common stocks of large-sized U.S. companies known for their growth potential. It aims to identify businesses positioned to benefit from sector trends or technological innovation, and its portfolio is heavily weighted toward technology, communication services, and healthcare sectors. Notable holdings often include industry leaders such as Microsoft, NVIDIA, Apple, Alphabet, Amazon, and Meta Platforms, reflecting the fund's strategy of targeting established, high-growth corporations. With a significant portion of its assets concentrated in its top holdings, the fund may be more sensitive to developments in emphasized sectors. Managed by Federated Hermes, the fund’s structure allows for a dynamic allocation of assets to adapt to changing market conditions, making it a key player in the large growth mutual fund category.
Fund Family Federated
Category Large Growth
Performance Rating Above Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol QCLGX
Share Class Class C Shares
Index Russell 1000 Growth TR
QCLGX had a total return of 12.67% in the past year, including dividends. Since the fund's
inception, the average annual return has been 11.17%.
