Federated Hermes MDT Large Cap Value Fund Class R6 (FSTLX)
Federated Hermes MDT Large Cap Value Fund Class R6 operates in the Asset Management industry of the Financial Services sector, headquartered in Warrendale, PA, US. The stock last traded at $42.36, down 0.09% on the session, giving a market capitalisation of $1.96B. Its beta of 0.81 implies it has historically moved less than the broad market.
The fund's primary objective is to achieve both capital growth and increasing income for investors. It predominantly allocates its portfolio to equity shares of well-established U.S. corporations deemed undervalued relative to market peers. The investment manager employs a disciplined large-cap value strategy, typically selecting the majority of its holdings from companies featured in the Russell 1000® Value Index. Should the fund's policy shift to permit less than 80% of its total investment capital (net assets supplemented by any borrowed funds) to be allocated to large-cap securities, shareholders will be notified at least 60 days in advance.
Federated Hermes MDT Large Cap Value Fund Class R6 is most often compared with the following Financial Services names: