Federated Hermes MDT Small Cap Growth Fund
QLSGX
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
- Jul 5, 2016
- CIK
- 0001363526
- Website
- federatedhermes.com
- Similar Companies
- Business
- Federated Hermes MDT Small Cap Growth Fund (QLSGX) is an open-end mutual fund that seeks long-term capital appreciation by investing primarily in common stocks of small U.S. companies, defined as those similar in size to companies in the Russell 2000 Growth Index. The fund employs a systematic, quantitative investment approach managed by a team led by Frederick Konopka (since 2008), Daniel Mahr (since 2008), John Lewicke (since 2014), and Damien Zhang (since 2018), focusing on growth-oriented small-cap equities across various sectors with top holdings including Knife River Corp., Sprouts Farmers Market Inc., EMCOR Group Inc., and Victory Capital Holdings Inc. It offers share classes such as R6 (QLSGX, launched June 29, 2016), Institutional (QISGX), and Class A (QASGX), with a net expense ratio of 0.88% for R6 shares and total net assets of approximately $446 million as of recent data. Federated Hermes MDT Small Cap Growth Fund operates within the small growth category, targeting institutional and retail investors including retirement plans, with a portfolio diversified across U.S. stocks (96.23%), non-U.S. stocks (1.92%), and minimal cash or other assets. The fund is part of the broader MDT suite managed by Federated Hermes, Inc., a global investment manager founded in 1955 and headquartered in Pittsburgh, Pennsylvania, which oversees $829.6 billion in assets as of December 2024 across equity, fixed-income, alternatives, multi-asset, and liquidity strategies. It resulted from a reorganization on December 8, 2006, succeeding the prior MDT Small Cap Growth Fund, with no independent operations beforehand. Recent developments at Federated Hermes, the fund's sponsor, include the launch of the MDT Mid Cap Growth Collective Investment Fund in September 2024, expanding MDT strategies into retirement-focused collective investment trusts (CITs) trusteed by Great Gray Trust Company. In August 2025, Federated Hermes completed a merger of its Federated Hermes Property Unit Trust into L&G's Managed Property Fund, providing liquidity and scale to unitholders in a £4.7 billion combined portfolio. The firm also reported record assets under management of $871.2 billion in third-quarter 2025 earnings, driven by growth in money market and fixed-income assets.