Federated Hermes MDT Large Cap Growth Fund Institutional Shares (QILGX)
| Fund Assets | 2.78B |
| Expense Ratio | 0.75% |
| Min. Investment | $1,000,000 |
| Turnover | 58.00% |
| Dividend (ttm) | 1.22 |
| Dividend Yield | 3.09% |
| Dividend Growth | 197.10% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 30, 2024 |
| Previous Close | 39.41 |
| YTD Return | 7.35% |
| 1-Year Return | 21.95% |
| 5-Year Return | 161.55% |
| 52-Week Low | 30.00 |
| 52-Week High | 39.85 |
| Beta (5Y) | n/a |
| Holdings | 101 |
| Inception Date | Sep 15, 2005 |
About QILGX
Federated Hermes MDT Large Cap Growth Fund Institutional Shares is an open-end mutual fund designed to seek long-term capital appreciation by investing primarily in the common stocks of large-sized U.S. companies. The fund utilizes quantitative models and analysis to select investments, aiming to capture growth opportunities across the large-cap segment of the market. Its portfolio is notably concentrated in sectors such as technology, consumer cyclical, healthcare, and communication services, with a particular emphasis on industry leaders like Microsoft, NVIDIA, Apple, Alphabet, and Amazon.com. With a significant portion of assets allocated to its top holdings and a typical institutional minimum investment, the fund caters to investors seeking diversified exposure to growth-oriented U.S. equities. Managed by Federated Hermes, the vehicle is positioned within the large growth category and is designed for institutional investors. The fund’s process emphasizes systematic strategies to identify potential outperformers, making it a key component for institutional portfolios seeking capital growth in the U.S. equity market.
Performance
QILGX had a total return of 21.95% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.10%.
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 30, 2024 | $0.0027 | Dec 31, 2024 |
| Dec 12, 2024 | $1.2156 | Dec 13, 2024 |
| Dec 28, 2023 | $0.0042 | Dec 29, 2023 |
| Dec 12, 2023 | $0.40587 | Dec 13, 2023 |
| Dec 6, 2022 | $2.75274 | Dec 7, 2022 |
| Dec 6, 2021 | $5.92813 | Dec 7, 2021 |