Federated Hermes MDT Balanced IS (QIBGX)
Federated Hermes MDT Balanced IS operates in the Asset Management industry of the Financial Services sector, headquartered in Pittsburgh, PA, US. The stock last traded at $23.88, up 0.21% on the session, giving a market capitalisation of $329.6M. Its beta of 0.97 implies it has historically moved less than the broad market.
This fund is authorized to invest in a diverse range of assets, including equity holdings, debt instruments, foreign securities, exchange-traded funds (ETTs), and intricate derivative or hybrid financial products. The fund's management generally aims to allocate roughly 60% of its capital to stocks and 40% to bonds and other portfolio components. Nevertheless, the portfolio manager maintains the discretion to alter this balance by as much as 20% in either direction. This dynamic adjustment is made in response to evolving economic and market perspectives, as well as the identification of compelling investment prospects.
Federated Hermes MDT Balanced IS is most often compared with the following Financial Services names: