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Trending ETFs

Federated Hermes MDT Large Cap Value ETF

ETF
FLCV
Payout Change
None
Price as of:
$27.0022 +0.06 +0.24%
primary theme
N/A
FLCV (ETF)

Federated Hermes MDT Large Cap Value ETF

Payout Change
None
Price as of:
$27.0022 +0.06 +0.24%
primary theme
N/A
FLCV (ETF)

Federated Hermes MDT Large Cap Value ETF

Payout Change
None
Price as of:
$27.0022 +0.06 +0.24%
primary theme
N/A

Name

As of 10/08/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$27.00

$3.6 M

0.00%

0.42%

Vitals

YTD Return

N/A

1 yr return

N/A

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$3.6 M

Holdings in Top 10

N/A

52 WEEK LOW AND HIGH

$26.9
$24.21
$27.10

Expenses

OPERATING FEES

Expense Ratio 0.42%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund


Name

As of 10/08/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$27.00

$3.6 M

0.00%

0.42%

FLCV - Profile

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Federated Hermes MDT Large Cap Value ETF
  • Fund Family Name
    Federated Hermes Funds
  • Inception Date
    Jul 31, 2024
  • Shares Outstanding
    N/A
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US

Fund Description

span style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:10pt;"The Fund seeks to achieve its objective by investing primarily in the common stock of large-cap U.S. companies /spanspan style="color:#000000;font-family:Times New Roman;font-size:10pt;"undervalued relative to the market./spanspan style="font-family:Times New Roman;font-size:10pt;margin-left:10pt;"The Fund’s investment adviser’s (“Adviser”) investment strategy utilizes a large-cap value approach by selecting most /spanspan style="font-family:Times New Roman;font-size:10pt;"of its investments from companies listed in the Russell 1000/spanspan style="font-family:Times New Roman;font-size:6.5pt;position:relative;top:-4.25pt;"®/spanspan style="font-family:Times New Roman;font-size:10pt;" Value Index, an index that measures the performance of those companies with lower price-to-book ratios and lower forecasted growth values within the large-cap segment of the U.S. equity universe, which includes the 1,000 largest U.S. companies by market capitalization. The Fund considers large-cap companies to be those within the range of companies listed in the Russell 1000/spanspan style="font-family:Times New Roman;font-size:6.5pt;position:relative;top:-4.25pt;"®/spanspan style="font-family:Times New Roman;font-size:10pt;" Value Index. As of June 28, 2024, companies in the Russell 1000/spanspan style="font-family:Times New Roman;font-size:6.5pt;position:relative;top:-4.25pt;"®/spanspan style="font-family:Times New Roman;font-size:10pt;" Value Index ranged in market capitalization from $0.4 billion to $0.9 trillion. As more fully described in this Prospectus, the Fund’s investments primarily include the following: equity securities of domestic issuers and real estate investment trusts (“REITs”). As the Fund’s sector exposure approximates the Russell 1000/spanspan style="font-family:Times New Roman;font-size:6.5pt;position:relative;top:-4.25pt;"®/spanspan style="font-family:Times New Roman;font-size:10pt;" Value Index, the Fund may, from time to time, have large allocations to certain broad market sectors, such as financials, healthcare and industrials. Although the Fund’s investments are primarily selected from companies listed in the Russell 1000/spanspan style="font-family:Times New Roman;font-size:6.5pt;position:relative;top:-4.25pt;"®/spanspan style="font-family:Times New Roman;font-size:10pt;line-height:12pt;" /spanspan style="font-family:Times New Roman;font-size:10pt;"Value Index, the Fund is not designed to track the overall composition or returns of the Russell 1000/spanspan style="font-family:Times New Roman;font-size:6.5pt;position:relative;top:-4.25pt;"®/spanspan style="font-family:Times New Roman;font-size:10pt;"Value Index and the Adviser actively manages the Fund’s investment strategy using the Fund’s quantitative model./spanspan style="font-family:Times New Roman;font-size:10pt;margin-left:10pt;"The Adviser implements its strategy using a quantitative model driven by fundamental and technical stock selection /spanspan style="font-family:Times New Roman;font-size:10pt;"variables. This process seeks to impose strict discipline over stock selection, unimpeded by market or manager psychology. It seeks to maximize compound annual return while controlling risk relative to the Fund’s benchmark, the Russell 1000/spanspan style="font-family:Times New Roman;font-size:6.5pt;position:relative;top:-4.25pt;"®/spanspan style="font-family:Times New Roman;font-size:10pt;" Value Index. The process also takes into account trading costs in an effort to ensure that trades are generated only to the extent they are expected to be profitable on an after-trading-cost basis. Additionally, risk is controlled through diversification constraints which limit exposure to individual companies as well as to groups of correlated companies./spanspan style="font-family:Times New Roman;font-size:10pt;margin-left:10pt;"The Fund will invest its assets so that at least 80% of its net assets (plus any borrowings for investment purposes) are /spanspan style="font-family:Times New Roman;font-size:10pt;"invested in a mix of large-cap and value investments. For purposes of this policy, large-cap investments will be defined as companies with market capitalizations within the range of companies in the Russell 1000/spanspan style="font-family:Times New Roman;font-size:6.5pt;position:relative;top:-4.25pt;"®/spanspan style="font-family:Times New Roman;font-size:10pt;" Value Index and value investments/spanspan style="font-family:Times New Roman;font-size:10pt;line-height:12pt;" /spanspan style="font-family:Times New Roman;font-size:10pt;"will be defined as companies with value characteristics that meet the applicable/spanspan style="font-family:Times New Roman;font-size:10pt;line-height:12pt;" /spanspan style="font-family:Times New Roman;font-size:10pt;"parameters for inclusion in the Russell 1000/spanspan style="font-family:Times New Roman;font-size:6.5pt;position:relative;top:-4.25pt;"®/spanspan style="font-family:Times New Roman;font-size:10pt;" Value Index. The Fund will notify shareholders at least 60 days in advance of any change in its investment policies to normally invest less than 80% of its net assets (plus any borrowings for investment purposes) in a mix of large-cap and value investments./spanspan style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:10pt;"The Fund actively trades its portfolio securities in an attempt to achieve its investment objective. Active trading will /spanspan style="color:#000000;font-family:Times New Roman;font-size:10pt;"cause the Fund to have an increased portfolio turnover rate and increase the Fund’s trading costs, which may have an adverse impact on the Fund’s performance. An active trading strategy will likely result in the Fund generating more short-term capital gains or losses. Short-term gains are generally taxed at a higher rate than long-term gains. Any short-term losses are used first to offset short-term gains./span
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FLCV - Performance

Return Ranking - Trailing

Period FLCV Return Category Return Low Category Return High Rank in Category (%)
YTD N/A N/A N/A N/A
1 Yr N/A N/A N/A N/A
3 Yr N/A* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Return Ranking - Calendar

Period FLCV Return Category Return Low Category Return High Rank in Category (%)
2023 N/A N/A N/A N/A
2022 N/A N/A N/A N/A
2021 N/A N/A N/A N/A
2020 N/A N/A N/A N/A
2019 N/A N/A N/A N/A

Total Return Ranking - Trailing

Period FLCV Return Category Return Low Category Return High Rank in Category (%)
YTD N/A N/A N/A N/A
1 Yr N/A N/A N/A N/A
3 Yr N/A* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Total Return Ranking - Calendar

Period FLCV Return Category Return Low Category Return High Rank in Category (%)
2023 N/A N/A N/A N/A
2022 N/A N/A N/A N/A
2021 N/A N/A N/A N/A
2020 N/A N/A N/A N/A
2019 N/A N/A N/A N/A

FLCV - Holdings

Concentration Analysis

FLCV Category Low Category High FLCV % Rank
Net Assets 3.6 M N/A N/A N/A
Number of Holdings N/A N/A N/A N/A
Net Assets in Top 10 N/A N/A N/A N/A
Weighting of Top 10 N/A N/A N/A N/A

Top 10 Holdings

Asset Allocation

Weighting Return Low Return High FLCV % Rank
Stocks
0.00% N/A N/A N/A
Preferred Stocks
0.00% N/A N/A N/A
Other
0.00% N/A N/A N/A
Convertible Bonds
0.00% N/A N/A N/A
Cash
0.00% N/A N/A N/A
Bonds
0.00% N/A N/A N/A

FLCV - Expenses

Operational Fees

FLCV Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.42% N/A N/A N/A
Management Fee 0.42% N/A N/A N/A
12b-1 Fee N/A N/A N/A N/A
Administrative Fee N/A N/A N/A N/A

Sales Fees

FLCV Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A N/A N/A N/A
Deferred Load N/A N/A N/A N/A

Trading Fees

FLCV Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FLCV Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A N/A N/A N/A

FLCV - Distributions

Dividend Yield Analysis

FLCV Category Low Category High FLCV % Rank
Dividend Yield 0.00% N/A N/A N/A

Dividend Distribution Analysis

FLCV Category Low Category High Category Mod
Dividend Distribution Frequency None

Net Income Ratio Analysis

FLCV Category Low Category High FLCV % Rank
Net Income Ratio N/A N/A N/A N/A

Capital Gain Distribution Analysis

FLCV Category Low Category High Capital Mode
Capital Gain Distribution Frequency

Distributions History

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FLCV - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
N/A N/A N/A N/A