Federated Hermes Mid-Cap Index Fund Institutional Shares (FMCRX)
Federated Hermes Mid-Cap Index Fund Institutional Shares operates in the Asset Management industry of the Financial Services sector, headquartered in Warrendale, PA, US. The stock last traded at $17.65, up 0.46% on the session, giving a market capitalisation of $306.0M. Its beta of 1.03 implies it has historically moved more than the broad market.
This fund primarily invests its capital in the equity securities that make up the Standard & Poor's MidCap 400 Index. This particular index is a comprehensive, market-capitalization-weighted benchmark that includes common stocks across all major industries within the medium-sized portion of the U.S. stock market. Additionally, the fund may employ derivative instruments, such as futures contracts, to implement its various investment approaches.
Federated Hermes Mid-Cap Index Fund Institutional Shares is most often compared with the following Financial Services names: