Federated Hermes MDT Large Cap Value Fund (FMSTX)
Federated Hermes MDT Large Cap Value Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Warrendale, PA, US. The stock last traded at $42.33, down 0.02% on the session, giving a market capitalisation of $1.96B. Its beta of 0.80 implies it has historically moved less than the broad market.
This fund primarily invests in the equity of sizable American corporations deemed undervalued relative to market peers. Its investment manager employs a large-cap value methodology, predominantly selecting holdings from companies featured in the Russell 1000® Value Index. Shareholders will receive at least 60 days' advance notice from the adviser if any policy changes would allow the fund to regularly allocate less than 80% of its net assets (including any borrowed capital for investment purposes) to large-capitalization holdings.
Federated Hermes MDT Large Cap Value Fund is most often compared with the following Financial Services names: