Federated Hermes MDT Small Cap Growth Fund
QASGX
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
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Federated Investors Funds Warrendale PA United States of America 15086-7561
- IPO Date
- Sep 16, 2005
- CIK
- 0001363526
- Website
- federatedhermes.com
- Similar Companies
- Business
- Federated Hermes MDT Small Cap Growth Fund (QASGX) is an open-end mutual fund that seeks long-term capital appreciation by investing primarily in the common stocks of small-capitalization U.S. companies, defined as those similar in size to companies in the Russell 2000 Growth Index; it employs a disciplined, quantitative investment process analyzing approximately 1,000 publicly traded domestic equities daily based on fundamental variables, with risk controlled through diversification constraints and turnover managed by trading cost considerations. The fund offers multiple share classes, including Class A (QASGX) with a front-end load of 5.50%, a net expense ratio of 1.14%, and a minimum initial investment of $1,500; it maintains a portfolio heavily weighted toward U.S. equities (97.42%), with top holdings such as Sprouts Farmers Market Inc., EMCOR Group Inc., and Primoris Services Corp., and is managed by a team including Frederick Konopka, Daniel Mahr, John Lewicke, and Damien Zhang. Managed as part of Federated Hermes' MDT series within the small growth category, the fund targets institutional and retail investors seeking exposure to growth-oriented small-cap stocks through mutual fund shares, institutional shares (QISGX), and related separately managed accounts. Federated Hermes MDT Small Cap Growth Fund traces its origins to a reorganization on December 8, 2006, when it succeeded the prior MDT Small Cap Growth Fund, with performance history incorporating pre-reorganization data; it operates under Federated Hermes, Inc., founded in 1955 and headquartered in Pittsburgh, Pennsylvania. The fund is available primarily to U.S. investors, with total net assets of approximately $474 million and share class assets of $73 million as of recent data. Recent developments at the parent company Federated Hermes, Inc. include the September 2024 launch of the MDT Mid Cap Growth Collective Investment Fund in partnership with Great Gray Trust Company for qualified retirement plans, expanding the MDT systematic stock-selection approach into collective investment trusts; the March 2025 receipt of LSEG Lipper Fund Awards for consistent performance across MDT strategies including MDT Mid Cap Growth and MDT All Cap Core Funds; and strategic acquisitions such as a majority interest in FCP Fund Manager L.P. announced in October 2025 to bolster U.S. real estate private markets capabilities, following the April 2025 purchase of Rivington Energy Management, with the FCP deal expected to close in the first half of 2026. These moves reflect Federated Hermes' focus on growing alternatives, retirement products, and quantitative equity platforms encompassing the MDT Small Cap Growth strategy. The firm manages over $780 billion in assets globally, with operations in the U.S., U.K., and other regions.