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Federated Hermes Kaufmann Fund
mutual fund
KAUIX
Payout Change
Pending
Price as of:
$6.37
-0.07
-1.09%
primary theme
U.S. Mid-Cap Growth Equity
share class
KAUIX (Mutual Fund)
Federated Hermes Kaufmann Fund
Payout Change
Pending
Price as of:
$6.37
-0.07
-1.09%
primary theme
U.S. Mid-Cap Growth Equity
share class
KAUIX (Mutual Fund)
Federated Hermes Kaufmann Fund
Payout Change
Pending
Price as of:
$6.37
-0.07
-1.09%
primary theme
U.S. Mid-Cap Growth Equity
share class
Name
As of 10/07/2024Price
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
Vitals
YTD Return
15.6%
1 yr return
30.3%
3 Yr Avg Return
-2.3%
5 Yr Avg Return
6.3%
Net Assets
$5.02 B
Holdings in Top 10
24.0%
52 WEEK LOW AND HIGH
$6.4
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.53%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 34.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 10/07/2024Price
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
KAUIX - Profile
Distributions
- YTD Total Return 15.6%
- 3 Yr Annualized Total Return -2.3%
- 5 Yr Annualized Total Return 6.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.92%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameFederated Hermes Kaufmann Fund
-
Fund Family NameFederated Hermes Funds
-
Inception DateDec 29, 2016
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerHans Utsch
Fund Description
In seeking to achieve its objective, the Fund invests a majority of its assets in the common stocks of small- and medium-sized companies that are traded on national securities exchanges, the NASDAQ stock market and on the over-the-counter market. Up to 30% of the Fund’s net assets may be invested in foreign securities. When investing in foreign securities, the Fund’s Adviser and Sub-Adviser (collectively, “Adviser”) may emphasize investment in a particular country or group of countries which may subject the Fund to the risks of investing in such country or group of countries to a greater extent than if the Fund’s foreign security exposure was diversified over a greater number of countries. The Adviser’s process for selecting investments is bottom-up and growth-oriented.The Fund may invest in fixed-income securities, American Depositary Receipts (ADRs) and use derivative contracts (such as, for example, futures contracts, options and swaps) and/or hybrid instruments to implement elements of its investment strategy. For example, the Fund may use derivative contracts or hybrid instruments to increase or decrease the portfolio’s exposure to the investment(s) underlying the derivative or hybrid instruments in an attempt to benefit from changes in the value of the underlying investment(s), to realize gains from trading a derivative contract or to hedge against potential losses. There can be no assurances the Fund’s use of derivative contracts and/or hybrid instruments will work as intended.
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KAUIX - Performance
Return Ranking - Trailing
| Period | KAUIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 15.6% | -11.7% | 67.5% | 26.29% |
| 1 Yr | 30.3% | 10.6% | 62.2% | 26.67% |
| 3 Yr | -2.3%* | -25.6% | 58.6% | 68.86% |
| 5 Yr | 6.3%* | -2.6% | 102.8% | 95.07% |
| 10 Yr | N/A* | 2.9% | 25.5% | 52.94% |
* Annualized
Return Ranking - Calendar
| Period | KAUIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 13.4% | -27.7% | 68.0% | 72.28% |
| 2022 | -30.0% | -85.6% | 52.8% | 44.81% |
| 2021 | -6.1% | -74.9% | 238.3% | 66.14% |
| 2020 | 20.8% | -44.1% | 2474.5% | 67.83% |
| 2019 | 19.1% | -50.2% | 44.0% | 80.34% |
Total Return Ranking - Trailing
| Period | KAUIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 15.6% | -11.7% | 67.5% | 26.29% |
| 1 Yr | 30.3% | 10.6% | 62.2% | 26.67% |
| 3 Yr | -2.3%* | -25.6% | 58.6% | 68.86% |
| 5 Yr | 6.3%* | -2.6% | 102.8% | 95.07% |
| 10 Yr | N/A* | 2.9% | 25.5% | 51.32% |
* Annualized
Total Return Ranking - Calendar
| Period | KAUIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 15.5% | -26.1% | 68.0% | 78.39% |
| 2022 | -30.0% | -67.0% | 56.8% | 61.54% |
| 2021 | 3.0% | -23.5% | 342.2% | 89.31% |
| 2020 | 28.5% | 2.6% | 2549.1% | 76.02% |
| 2019 | 31.6% | 14.6% | 44.8% | 65.54% |
NAV & Total Return History
KAUIX - Holdings
Concentration Analysis
| KAUIX | Category Low | Category High | KAUIX % Rank | |
|---|---|---|---|---|
| Net Assets | 5.02 B | 2.73 M | 100 B | 22.29% |
| Number of Holdings | 172 | 24 | 3590 | 11.81% |
| Net Assets in Top 10 | 1.19 B | 670 K | 11.3 B | 22.48% |
| Weighting of Top 10 | 24.04% | 4.5% | 98.2% | 60.19% |
Top 10 Holdings
- Argenx SE 4.62%
- Wingstop Inc 2.98%
- Quanta Services Inc 2.35%
- BLUE OWL CAPITAL PIPE DEAL 2.31%
- Ideaya Biosciences Inc 2.30%
- ServiceNow Inc 2.22%
- Hamilton Lane Inc 1.85%
- Trane Technologies PLC 1.82%
- HEICO Corp 1.81%
- Eaton Corp PLC 1.78%
Asset Allocation
| Weighting | Return Low | Return High | KAUIX % Rank | |
|---|---|---|---|---|
| Stocks | 98.77% | 58.72% | 103.99% | 45.52% |
| Other | 0.51% | -0.04% | 14.45% | 16.19% |
| Preferred Stocks | 0.48% | 0.00% | 5.73% | 7.43% |
| Cash | 0.34% | 0.00% | 41.99% | 79.05% |
| Bonds | 0.02% | 0.00% | 2.35% | 7.81% |
| Convertible Bonds | 0.00% | 0.00% | 0.40% | 49.52% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | KAUIX % Rank | |
|---|---|---|---|---|
| Healthcare | 37.06% | 0.00% | 37.06% | 0.38% |
| Technology | 20.14% | 0.04% | 62.17% | 83.43% |
| Consumer Cyclical | 9.15% | 0.00% | 57.41% | 84.76% |
| Financial Services | 8.16% | 0.00% | 43.01% | 42.10% |
| Basic Materials | 7.59% | 0.00% | 17.25% | 4.95% |
| Industrials | 6.98% | 0.00% | 38.23% | 90.10% |
| Real Estate | 5.34% | 0.00% | 19.28% | 17.90% |
| Utilities | 2.18% | 0.00% | 12.94% | 11.62% |
| Energy | 1.94% | 0.00% | 62.10% | 46.48% |
| Consumer Defense | 1.10% | 0.00% | 16.40% | 69.90% |
| Communication Services | 0.38% | 0.00% | 18.33% | 84.57% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | KAUIX % Rank | |
|---|---|---|---|---|
| US | 90.11% | 46.79% | 103.99% | 93.33% |
| Non US | 8.66% | 0.00% | 34.12% | 3.24% |
KAUIX - Expenses
Operational Fees
| KAUIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.53% | 0.02% | 17.54% | 20.95% |
| Management Fee | 1.28% | 0.00% | 1.50% | 99.43% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | 0.10% | 0.00% | 0.40% | 58.29% |
Sales Fees
| KAUIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| KAUIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | 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.
| KAUIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 34.00% | 0.00% | 250.31% | 41.65% |
KAUIX - Distributions
Dividend Yield Analysis
| KAUIX | Category Low | Category High | KAUIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 33.43% | 59.05% |
Dividend Distribution Analysis
| KAUIX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
| KAUIX | Category Low | Category High | KAUIX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.92% | -2.24% | 2.75% | 76.79% |
Capital Gain Distribution Analysis
| KAUIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 07, 2023 | $0.100 | CapitalGainLongTerm |
| Dec 06, 2021 | $0.655 | CapitalGainLongTerm |
| Dec 04, 2020 | $0.500 | CapitalGainLongTerm |
| Dec 05, 2019 | $0.705 | CapitalGainLongTerm |
| Dec 06, 2018 | $0.798 | CapitalGainLongTerm |
| Dec 05, 2017 | $0.659 | CapitalGainLongTerm |
KAUIX - Fund Manager Analysis
Managers
Hans Utsch
Start Date
Tenure
Tenure Rank
Feb 21, 1986
36.3
36.3%
Senior Vice President, Senior Portfolio Manager, Head of Kaufmann Growth Equity Team. Responsible for portfolio management and research in global growth equity area. Previous associations: Chairman & Co-Portfolio Manager, Edgemont Asset Management Corp, adviser to The Kaufmann Fund; President, Hans Utsch & Company; Analyst, Goodbody & Co. B.A., Amherst College; M.B.A., Columbia University. Joined Federated 2001; joined Kaufmann Fund 1986; Investment Experience: 56 Years.
Mark Bauknight
Start Date
Tenure
Tenure Rank
Oct 01, 2003
18.68
18.7%
Vice President, Senior Portfolio Manager, Senior Investment Analyst. Responsible for research and analytical support in the global growth equity area. Previous associations: Investment Analyst, Edgemont Asset Management Corp, adviser to The Kaufmann Fund; Analyst, UBS Securities, LLC; Analyst, Morgan Stanley & Co. Two B.A. degrees, University of North Carolina at Chapel Hill; M.B.A., Oxford University. Joined Federated 2001; joined Kaufmann Fund 1997; Investment Experience: 25 Years.
Thomas Brakel
Start Date
Tenure
Tenure Rank
Jul 01, 2012
9.92
9.9%
Vice President, Senior Portfolio Manager. Responsible for portfolio management and fundamental analysis in the global growth equity area. Previous associations: Vice President/Senior Biotech Analyst New Vernon Associates; Biotech Analyst, BioPharma Fund; Biotech/Pharmaceutical Analyst, Mehta Partners. M.D., Erasmus University Rotterdam, The Netherlands; M.B.A., Stanford University. Joined Federated Hermes 2003
Barbara Miller
Start Date
Tenure
Tenure Rank
Dec 31, 2013
8.42
8.4%
Barbara Miller, Vice President, Portfolio Manager. Responsible for portfolio management and fundamental analysis in the global growth equity area. Previous associations: Vice President/Equity Analyst, Goldman Sachs; Principal, BT Alex Brown; Vice President, Edelman Public Relations Worldwide; Associate, Adams & Rinehart/Ogilvy & Mather; Broadcast Journalist. B.A., Brown University; M.B.A., Harvard Business School. Joined Federated Hermes 2002
John Ettinger
Start Date
Tenure
Tenure Rank
Dec 31, 2013
8.42
8.4%
Vice President, Senior Portfolio Manager, Senior Investment Analyst. Responsible for research and analytical support in the global growth equity area. Previous associations: Investment Analyst, Edgemont Asset Management Corp, adviser to The Kaufmann Fund; Investment Analyst, Energy Technology Investments; Equity Analyst, Value Line. B.A., Duke University. Joined Federated 2001; joined Kaufmann Fund 1996; Investment Experience: 24 Years.
Stephen DeNichilo
Start Date
Tenure
Tenure Rank
Dec 31, 2014
7.42
7.4%
Stephen DeNichilo, CFA, Vice President, Portfolio Manager. Responsible for portfolio management and fundamental analysis in the global growth equity area. Previous associations: Senior Research Analyst, ACK Asset Management, LLC; Equity Research Analyst, Thomson, Horstmann & Bryant, Inc.; Equity Research Associate, First Albany Capital; Market Analyst, Lord, Abbett & Company; B.S., Villanova University; M.B.A., Fordham University. Frequent guest on CNBC’s Power Lunch. Joined Federated Hermes 2012
Steven Abrahamson
Start Date
Tenure
Tenure Rank
Dec 31, 2015
6.42
6.4%
Member of the Fund's Investment Team since December 2007; Senior Investment Analyst; joined Federated in 2001; formerly Investment Analyst with Edgemont Asset Management Corp., Adviser to The Kaufmann Fund, Inc. (predecessor to the Kaufmann Fund) since 2001; B.S., Bucknell University; M.B.A., Duke University. Steven Abrahamson, Senior Investment Analyst & Portfolio Manager, has been the Fund’s portfolio manager since April 2014 and a member of the Fund’s investment management team since April 2002.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 36.3 | 9.4 | 1.04 |
