Federated Hermes Kaufmann Small Cap A
FKASX
NASDAQ- -
USD
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- -
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Pittsburgh, PA 15222-3779 Pittsburgh PA United States of America 15222-3779
- IPO Date
- Dec 19, 2002
- CIK
- 0000745968
- Website
- federatedhermes.com
- Similar Companies
- Business
- Federated Hermes Kaufmann Small Cap Fund Class A (FKASX) is a small-cap growth mutual fund that seeks capital appreciation by investing primarily in the common stocks of small companies traded on national securities exchanges, the NASDAQ stock market, and the over-the-counter market; it focuses on growth-oriented small-cap equities, including initial public offerings (IPOs) where suitable, with a portfolio typically comprising around 150 holdings diversified across U.S. stocks (approximately 82%), non-U.S. stocks (15%), and other assets. The fund offers Class A shares with a front-end load of 5.50%, a net expense ratio of 1.36%, and a minimum initial investment of $1,500, targeting individual and institutional investors seeking exposure to small-cap growth opportunities. Managed as part of Federated Hermes' equity strategies, it emphasizes companies with high growth potential, limited liquidity, and volatile share prices, while maintaining capacity constraints through potential soft-closes to new investors as recommended by its adviser. Federated Hermes, the fund's sponsor and adviser, was founded in 1955 and is headquartered in Pittsburgh, Pennsylvania; the Kaufmann Small Cap Fund itself was launched on December 18, 2002, following Federated's 2001 acquisition of the original Kaufmann Fund adviser, Edgemont Asset Management, which integrated the legacy small-cap growth strategy into its lineup. The firm operates globally, offering products across equity, fixed-income, alternative, multi-asset, and liquidity management segments to corporations, institutions, governments, and retail clients primarily in the United States, Europe, and other regions. Recent developments for the fund include strong quarterly performance, with Institutional Shares gaining 4.65% at NAV for the three months ended September 30, 2025, amid ongoing portfolio adjustments to navigate small-cap volatility; at the broader Federated Hermes level, key changes encompass the 2024 milestone of surpassing $829.6 billion in assets under management, the June 2023 launches of new European funds (Short-Term Euro Prime Fund and Sustainable Global Investment Grade Credit Fund), the October 2022 acquisition of C.W. Henderson & Associates for municipal-bond SMA expertise, and the April 2021 acquisition of nine Hancock Horizon mutual funds totaling $568 million. In February 2020, Federated Investors rebranded to Federated Hermes, Inc., reflecting its deepened commitment to responsible investing following the 2018 majority acquisition of Hermes Investment Management, a London-based ESG pioneer; these strategic expansions and integrations have bolstered the firm's small-cap offerings, including FKASX, without specific fund-level mergers or closures reported in the past 1-2 years. The fund remains open to existing shareholders and select new investors, such as retirement plans, amid potential capacity management.