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Federated Hermes MDT Small Cap Growth Fund
mutual fund
QCSGX
Payout Change
Pending
Price as of:
$21.71
+0.17
+0.79%
primary theme
U.S. Small-Cap Growth Equity
share class
QCSGX (Mutual Fund)
Federated Hermes MDT Small Cap Growth Fund
Payout Change
Pending
Price as of:
$21.71
+0.17
+0.79%
primary theme
U.S. Small-Cap Growth Equity
share class
QCSGX (Mutual Fund)
Federated Hermes MDT Small Cap Growth Fund
Payout Change
Pending
Price as of:
$21.71
+0.17
+0.79%
primary theme
U.S. Small-Cap Growth Equity
share class
Name
As of 12/11/2024Price
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
21.8%
1 yr return
31.2%
3 Yr Avg Return
1.3%
5 Yr Avg Return
9.1%
Net Assets
$474 M
Holdings in Top 10
15.4%
52 WEEK LOW AND HIGH
$21.5
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 2.12%
SALES FEES
Front Load N/A
Deferred Load 1.00%
TRADING FEES
Turnover 163.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,500
IRA
$250
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/11/2024Price
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
QCSGX - Profile
Distributions
- YTD Total Return 21.8%
- 3 Yr Annualized Total Return 1.3%
- 5 Yr Annualized Total Return 9.1%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -1.25%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameFederated Hermes MDT Small Cap Growth Fund
-
Fund Family NameFederated Hermes Funds
-
Inception DateSep 23, 2005
-
Shares OutstandingN/A
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerFrederick Konopka
Fund Description
The Fund seeks to achieve its objective by investing primarily in the common stock of small U.S. companies. The Fund’s investment adviser’s (“Adviser”) investment strategy utilizes a small capitalization (“small-cap”) growth approach by selecting most of its investments from companies listed in the Russell 2000® Growth Index, an index that measures the performance of those companies with higher price-to-book ratios and higher forecasted growth values within the small-cap segment of the U.S. equity universe, which includes the 2,000 smallest companies by market capitalization within the Russell 3000® Index (an index that includes the 3,000 largest U.S. companies by market capitalization representing approximately 98% of the investable domestic equity market). As of July 31, 2024, companies in the Russell 2000®Growth Index ranged in market capitalization from $17.1 million to $11.7 billion. The Fund’s investments may include, but are not limited to, equity securities of domestic issuers and real estate investment trusts (REITs). As the Fund’s sector exposure approximates the Russell 2000® Growth Index, the Fund may, from time to time, have larger allocations to certain broad market sectors, such as health care, technology and industrials.The Adviser implements its strategy using a quantitative model driven by fundamental and technical stock selection 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. 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 groups of correlated companies.The Fund will invest its assets so that at least 80% of its net assets (plus any borrowing for investment purposes) are invested in investments in small companies. 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 investments in small companies. For purposes of this policy the Fund considers a small company to be a company of a size similar to companies listed on the Russell 2000® Growth Index.The Fund actively trades its portfolio securities in an attempt to achieve its investment objective. Active trading will 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.
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QCSGX - Performance
Return Ranking - Trailing
| Period | QCSGX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 21.8% | -60.4% | 86.4% | 43.70% |
| 1 Yr | 31.2% | -57.4% | 88.1% | 39.81% |
| 3 Yr | 1.3%* | -15.0% | 63.0% | 57.41% |
| 5 Yr | 9.1%* | -10.4% | 48.0% | 53.62% |
| 10 Yr | 10.3%* | -3.9% | 25.6% | 41.19% |
* Annualized
Return Ranking - Calendar
| Period | QCSGX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 18.3% | -20.5% | 54.6% | 25.09% |
| 2022 | -31.9% | -82.1% | 32.2% | 64.17% |
| 2021 | -16.8% | -90.6% | 300.1% | 75.85% |
| 2020 | 27.8% | -63.0% | 127.9% | 52.05% |
| 2019 | 20.0% | -7.7% | 42.9% | 61.37% |
Total Return Ranking - Trailing
| Period | QCSGX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 21.8% | -60.4% | 86.4% | 43.70% |
| 1 Yr | 31.2% | -57.4% | 88.1% | 39.81% |
| 3 Yr | 1.3%* | -15.0% | 63.0% | 57.41% |
| 5 Yr | 9.1%* | -10.4% | 48.0% | 53.62% |
| 10 Yr | 10.3%* | -3.9% | 25.6% | 41.19% |
* Annualized
Total Return Ranking - Calendar
| Period | QCSGX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 18.3% | -19.0% | 136.8% | 34.39% |
| 2022 | -29.0% | -59.9% | 44.3% | 59.85% |
| 2021 | 16.4% | -22.7% | 411.9% | 22.45% |
| 2020 | 28.6% | 1.5% | 150.8% | 72.99% |
| 2019 | 20.0% | 5.5% | 55.3% | 94.16% |
NAV & Total Return History
QCSGX - Holdings
Concentration Analysis
| QCSGX | Category Low | Category High | QCSGX % Rank | |
|---|---|---|---|---|
| Net Assets | 474 M | 209 K | 34.3 B | 57.22% |
| Number of Holdings | 252 | 7 | 1226 | 11.48% |
| Net Assets in Top 10 | 77 M | 53.8 K | 3.02 B | 68.89% |
| Weighting of Top 10 | 15.44% | 7.5% | 100.0% | 83.49% |
Top 10 Holdings
- Federated Hermes Government Obligations Fund 2.11%
- GMS Inc 2.04%
- Halozyme Therapeutics Inc 1.81%
- CommVault Systems Inc 1.42%
- Parsons Corp 1.40%
- Cinemark Holdings Inc 1.37%
- Omnicell Inc 1.36%
- Sprinklr Inc 1.34%
- Sprouts Farmers Market Inc 1.31%
- Knife River Corp 1.28%
Asset Allocation
| Weighting | Return Low | Return High | QCSGX % Rank | |
|---|---|---|---|---|
| Stocks | 97.90% | 92.05% | 107.62% | 58.70% |
| Cash | 2.11% | 0.00% | 28.78% | 46.85% |
| Preferred Stocks | 0.00% | 0.00% | 4.59% | 35.37% |
| Other | 0.00% | -0.26% | 6.70% | 50.56% |
| Convertible Bonds | 0.00% | 0.00% | 1.57% | 29.44% |
| Bonds | 0.00% | 0.00% | 2.40% | 28.15% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | QCSGX % Rank | |
|---|---|---|---|---|
| Healthcare | 25.96% | 0.00% | 47.90% | 19.26% |
| Technology | 23.20% | 2.91% | 75.51% | 63.15% |
| Industrials | 15.73% | 0.00% | 36.64% | 67.22% |
| Consumer Cyclical | 11.71% | 0.00% | 24.04% | 57.78% |
| Financial Services | 6.57% | 0.00% | 42.95% | 52.96% |
| Real Estate | 4.40% | 0.00% | 15.31% | 23.70% |
| Communication Services | 4.24% | 0.00% | 15.31% | 17.96% |
| Energy | 2.92% | 0.00% | 55.49% | 46.11% |
| Consumer Defense | 2.79% | 0.00% | 13.56% | 71.85% |
| Basic Materials | 2.49% | 0.00% | 9.24% | 48.33% |
| Utilities | 0.00% | 0.00% | 5.57% | 47.96% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | QCSGX % Rank | |
|---|---|---|---|---|
| US | 97.90% | 17.30% | 107.62% | 51.48% |
| Non US | 0.00% | 0.00% | 77.12% | 43.70% |
QCSGX - Expenses
Operational Fees
| QCSGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 2.12% | 0.05% | 23.20% | 8.35% |
| Management Fee | 0.80% | 0.05% | 1.62% | 47.31% |
| 12b-1 Fee | 0.75% | 0.00% | 1.00% | 80.00% |
| Administrative Fee | 0.10% | 0.01% | 0.40% | 56.02% |
Sales Fees
| QCSGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | 1.00% | 1.00% | 5.00% | 38.98% |
Trading Fees
| QCSGX 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.
| QCSGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 163.00% | 3.00% | 264.00% | 96.62% |
QCSGX - Distributions
Dividend Yield Analysis
| QCSGX | Category Low | Category High | QCSGX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 6.91% | 37.96% |
Dividend Distribution Analysis
| QCSGX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
| QCSGX | Category Low | Category High | QCSGX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -1.25% | -2.47% | 1.10% | 85.21% |
Capital Gain Distribution Analysis
| QCSGX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 06, 2022 | $0.631 | OrdinaryDividend |
| Dec 06, 2021 | $8.577 | OrdinaryDividend |
| Dec 04, 2020 | $0.144 | CapitalGainLongTerm |
| Dec 14, 2018 | $0.732 | CapitalGainShortTerm |
| Dec 14, 2018 | $0.721 | CapitalGainLongTerm |
| Dec 15, 2017 | $0.963 | CapitalGainShortTerm |
| Dec 15, 2017 | $0.235 | CapitalGainLongTerm |
| Dec 15, 2016 | $0.112 | CapitalGainShortTerm |
| Dec 15, 2016 | $0.206 | CapitalGainLongTerm |
| Dec 24, 2015 | $3.090 | CapitalGainLongTerm |
| Dec 28, 2007 | $0.059 | CapitalGainShortTerm |
| Dec 28, 2007 | $0.009 | CapitalGainLongTerm |
QCSGX - Fund Manager Analysis
Managers
Frederick Konopka
Start Date
Tenure
Tenure Rank
Aug 31, 2008
13.76
13.8%
Frederick L. Konopka, CFA, joined Federated MDTA LLC investment team in 1997. Mr. Konopka is a Vice President of Federated MDTA LLC . As the Portfolio and Trading Manager, he is responsible for the ongoing implementation of the investment model including trading impact evaluation and implementation. He received his A.B., Mathematics from Dartmouth College and his M.S., Concentration in Information Technology and Finance from MIT Sloan School of Management.
Daniel Mahr
Start Date
Tenure
Tenure Rank
Aug 31, 2008
13.76
13.8%
Daniel J. Mahr, CFA, joined Federated MDTA LLC Investment Team in 2002. He is a Senior Vice President of Federated MDTA LLC. As Managing Director of Research, he is responsible for leading the Investment Team as it relates to the ongoing design, development and implementation of the investment model. He received his A.B., Computer Science from Harvard College and his S.M., Computer Science from Harvard University.
John Lewicke
Start Date
Tenure
Tenure Rank
Sep 30, 2014
7.67
7.7%
John Paul Lewicke joined Federated MDTA LLC Investment Team in 2007. Mr. Lewicke is a Vice President of Federated MDTA LLC. As Research Manager, he is responsible for ongoing evaluation and enhancement of the investment model, including software code design and development. Mr. Lewicke received his A.B., Mathematics and Computer Science from Dartmouth College.
Damien Zhang
Start Date
Tenure
Tenure Rank
Aug 08, 2018
3.81
3.8%
Mr. Zhang, Research Manager at Federated MDTA LLC (“MDT Advisers”), joined the MDT Adviser’s Investment Team in 2009. As Research Manager, he is responsible for ongoing evaluation and enhancement of the investment model, including software code design and development. Mr. Zhang received his A.B., Summa Cum Laude in Economics from Princeton University.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 30.44 | 9.17 | 5.25 |
