Federated Hermes MDT Small Cap Core Fund
QCSCX
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 19, 2005
- CIK
- 0001363526
- Website
- federatedhermes.com
- Similar Companies
- Business
- Federated Hermes MDT Small Cap Core Fund (QCSCX) 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; it normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in such small-cap equities, employing a blend investment style that incorporates both growth and value characteristics through quantitative models and fundamental analysis. The fund offers multiple share classes, including Class C (QCSCX), Class A (QASCX), and Institutional Shares (QISCX), with assets under management exceeding $1.5 billion across classes; it targets investors seeking exposure to small blend strategies within the Morningstar Small Blend category. Headquartered in Pittsburgh, Pennsylvania, the fund operates under the management of Federated Hermes, Inc., a global investment manager, with subadvisory services provided by Maryland-based MDT Advisers, Inc.; it was launched on September 15, 2005. The fund's portfolio emphasizes diversified holdings across U.S. small-cap sectors, including top positions in companies such as SSR Mining Inc., Sprouts Farmers Market Inc., American Healthcare REIT Inc., and Fluor Corp., representing approximately 8% of assets; it maintains high U.S. equity allocation (around 97%) with minimal non-U.S. exposure and cash equivalents. Geographically, operations focus on U.S. markets, serving institutional and retail investors through platforms like brokerage accounts, retirement plans, and financial advisors nationwide. In June 2020, the fund underwent a name change from Federated MDT Small Cap Core Fund to Federated Hermes MDT Small Cap Core Fund, reflecting the parent company's rebranding following its 2018 acquisition of Hermes Investment Management. More recently, in the third quarter of 2025, the Institutional Shares class delivered a 13.71% return, outperforming its benchmark Russell 2000 Index by 132 basis points; additionally, Federated Hermes launched the related MDT Small Cap Core ETF (FSCC) structure, attracting new institutional holdings such as Truist Financial Corp.'s acquisition of over 328,000 shares valued at approximately $9.7 million in September 2025. The fund continues voluntary expense waivers through at least October 2026, maintaining a net expense ratio around 1.9% for Class C shares.