Federated Hermes MDT Small Cap Core Fund Institutional Class
QISCX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Federated Mdt Series MA United States of America
- IPO Date
- Sep 19, 2005
- CIK
- 0001363526
- Website
- federatedhermes.com
- Similar Companies
- Business
- Federated Hermes MDT Small Cap Core Fund Institutional Class (QISCX) seeks long-term capital appreciation by investing primarily in the common stocks of small-capitalization U.S. companies. The fund pursues a small blend investment style, normally investing at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of small-cap companies, defined as those with market capitalizations similar to the companies in the Russell 2000 Index; it employs a quantitative, bottom-up investment process managed by MDT Advisers, a division of Federated Hermes, focusing on stock selection across growth and value characteristics to construct a diversified portfolio typically comprising around 300 holdings with an 85% annual turnover rate. The fund targets institutional investors with a minimum initial investment of $1 million, maintains total assets under management of approximately $1.3 billion, and features an adjusted expense ratio of 0.88% with a trailing twelve-month yield of 0.40%. Federated Hermes MDT Small Cap Core Fund Institutional Class operates within the U.S. small blend category, with primary exposure to domestic equities (96.7% U.S. stocks), minor allocations to non-U.S. stocks (1.3%), and cash equivalents; top holdings as of recent data include SSR Mining Inc., Federated Government Obligations Prime Shares, Jackson Financial Inc., Resideo Technologies Inc., and Sprouts Farmers Market Inc., representing about 8-15% of the portfolio across sectors such as basic materials, financial services, industrials, consumer defensive, and real estate. The fund traces its origins to September 15, 2005, as the successor to the predecessor MDT Small Cap Core Fund following a reorganization on December 8, 2006, and is domiciled in the United States with advisory services provided by Federated Hermes, headquartered in Pittsburgh, Pennsylvania. In June 2020, the fund and its associated trust underwent a name change from Federated MDT Small Cap Core Fund and Federated MDT Series to their current Federated Hermes designations, reflecting Federated Hermes' broader rebranding; more recently, in July 2024, Federated Hermes launched the related Federated Hermes MDT Small Cap Core ETF (FSCC), expanding the strategy into an actively managed ETF format with $59 million in initial assets focused on similar small-cap U.S. equities within the Russell 2000 universe.