Federated Hermes Kaufmann Large Cap Fund Institutional Shares
KLCIX
NASDAQ- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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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.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 4000 Ericsson Drive Warrendale PA United States of America 15086-7561
- IPO Date
- Dec 6, 2007
- CIK
- 0000745968
- Website
- federatedhermes.com
- Similar Companies
- Business
- Federated Hermes Kaufmann Large Cap Fund Institutional Shares (KLCIX) is an actively managed open-end mutual fund that seeks capital appreciation by investing primarily in common stocks of large-cap companies with strong growth potential. The fund offers institutional investors a portfolio concentrated in high-conviction equity positions selected through a bottom-up research process emphasizing companies with sustainable competitive advantages, robust earnings growth, and attractive valuations; it may also allocate to smaller-cap growth stocks for diversification. Managed by the Kaufmann Fund family within Federated Hermes, Inc., the fund operates globally with a focus on U.S.-listed securities across sectors such as technology, healthcare, consumer discretionary, and industrials, targeting long-term investors including institutions and high-net-worth individuals. Federated Hermes, Inc., headquartered in Pittsburgh, Pennsylvania, and founded in 1955 through predecessor entities, provides the fund as part of its broader asset management platform encompassing equity, fixed-income, and alternative strategies with approximately $600 billion in assets under management as of late 2025. The fund's shares trade under the ticker KLCIX with a minimum investment typically suited for institutional accounts, featuring low expense ratios relative to peers and daily liquidity. Geographically, it invests worldwide but maintains primary exposure to North American markets. In recent developments, Federated Hermes announced strategic enhancements to its growth equity offerings in 2024, including portfolio manager transitions within the Kaufmann team to bolster expertise in AI-driven and sustainable growth themes; the firm also completed a major acquisition of a sustainable investing platform in early 2025, expanding ESG integration across funds like KLCIX. Additionally, KLCIX benefited from a fund reorganization in mid-2025 that streamlined share classes and improved tax efficiency amid rising inflows from institutional reallocations to large-cap growth amid market volatility. These changes position the fund for continued outperformance in a dynamic economic environment.