- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Federated Investors Funds Warrendale PA United States of America 15086-7561
- IPO Date
- Sep 19, 2005
- Business
- Federated Hermes MDT Small Cap Growth Fund Class C Shares (QCSGX) is an open-end mutual fund managed by Federated Hermes, Inc., focusing on long-term capital appreciation through investments primarily in equity securities of small-cap growth companies. The fund invests at least 80% of its assets in common stocks of small-cap companies, defined as those with market capitalizations below the largest company in the Russell 2000 Growth Index or below the three-year average of the market capitalization of the largest company in the Russell 2000 Growth Index; it employs a growth-oriented strategy targeting companies with above-average earnings growth potential, high returns on equity, and strong balance sheets, across sectors such as technology, healthcare, consumer discretionary, industrials, and financials. Share classes include Institutional, A, C, R, Service, and IS shares, with Class C shares featuring a 1% contingent deferred sales charge on redemptions within one year and a 1% annual 12b-1 fee; the fund offers daily liquidity, professional portfolio management, and diversification benefits for investors seeking exposure to small-cap growth equities. [web:previous]
Federated Hermes MDT Small Cap Growth Fund operates globally with a focus on U.S.-listed small-cap companies but may invest up to 20% in foreign securities; it was launched in 1998 under MDT Advisers, Inc., which was acquired by Federated Investors (now Federated Hermes) in 2013, integrating MDT's growth equity expertise into Federated Hermes' broader platform headquartered in Pittsburgh, Pennsylvania. The fund targets individual investors, financial advisors, retirement plans, and institutions through broker-dealers and platforms like Schwab, Fidelity, and Vanguard; as part of Federated Hermes, it benefits from the parent's asset management segments including equity, fixed-income, money market, and alternative investments serving over 10 million investor accounts worldwide. No major recent changes such as partnerships, acquisitions, funding rounds, new product launches, or strategic shifts specific to QCSGX have been reported in the last 1-2 years; the fund continues to adhere to its core small-cap growth mandate amid market volatility, with ongoing portfolio adjustments to maintain style consistency and risk controls. [web:previous]