Federated Hermes Kaufmann Large Cap Fund Institutional Shares (KLCIX)
Federated Hermes Kaufmann Large Cap Fund Institutional Shares operates in the Asset Management industry of the Financial Services sector, headquartered in Warrendale, PA, US. The stock last traded at $19.70, up 0.82% on the session, giving a market capitalisation of $1.21B. On trailing twelve-month figures it carries a trailing P/E of 5.79, a net margin of 17.7%. Its beta of 1.23 implies it has historically moved more than the broad market.
This fund's primary objective is to achieve capital growth. It predominantly invests in common stocks issued by substantial corporations, which are traded across major national securities exchanges, the NASDAQ market, and the over-the-counter market. Typically, at least 80% of the fund's net assets (including any capital obtained through borrowing for investment purposes) will be allocated to large-capitalization companies. Should the fund decide to modify its investment policy to permit less than an 80% allocation to large companies, shareholders will receive notification a minimum of 60 days in advance of such a change.
Federated Hermes Kaufmann Large Cap Fund Institutional Shares is most often compared with the following Financial Services names: