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Morningstar

Federated Hermes Max-Cap Index R FMXKX

Morningstar Medalist Rating
Medalist Rating as of | See Federated Investment Hub
  • NAV / 1-Day Return 7.45  /  0.27 %
  • Total Assets 193.1 Mil
  • Adj. Expense Ratio
    1.110%
  • Expense Ratio 1.120%
  • Distribution Fee Level Below Average
  • Share Class Type Retirement, Medium
  • Category Large Blend
  • Investment Style Large Blend
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 0.51%
  • Turnover 33%

USD | NAV as of Jun 07, 2023 | 1-Day Return as of Jun 07, 2023, 10:10 PM GMT+0

Morningstar’s Analysis FMXKX

Will FMXKX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FMXKX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the FMXKX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of FMXKX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A sound investment process and strong management team underpin Federated Hermes Max-Cap Index R's Morningstar Medalist Rating of Bronze.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings FMXKX

More FMXKX Holdings
  • Current Portfolio Date
  • Equity Holdings 470
  • Bond Holdings 0
  • Other Holdings 2
  • % Assets in Top 10 Holdings 27.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Apple Inc

6.57
12,845,710
Technology

Microsoft Corp

5.80
11,339,704
Technology

E-mini S&P 500 Future June 23

3.81
7,447,950
—

Federated Hermes Inst Prime Val Obl IS

3.55
6,951,868
Cash and Equivalents

Amazon.com Inc

2.49
4,862,893
Consumer Cyclical

NVIDIA Corp

1.85
3,623,787
Technology

Alphabet Inc Class A

1.67
3,268,325
Communication Services

Tesla Inc

1.55
3,041,779
Consumer Cyclical

Alphabet Inc Class C

1.46
2,857,608
Communication Services

Berkshire Hathaway Inc Class B

1.45
2,845,624
Financial Services