On April 26, 2021, Federated Hermes announced it will acquire Hancock Horizon's mutual funds, including Hancock Horizon Burkenroad Small Cap, which Federated intends to merge into Federated Hermes MDT Small Cap Core. Pending shareholder approval, the deal is expected to be completed in September 2021.
Will HHBUX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable HHBUX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the HHBUX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of HHBUX’s parent organization’s priorities and whether they’re in line with investors’ interests.