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Morningstar

Federated Hermes Kaufmann A KAUAX

Morningstar Medalist Rating
Medalist Rating as of | See Federated Hermes Investment Hub
  • NAV / 1-Day Return 4.79  /  0.63 %
  • Total Assets 339.6 Mil
  • Adj. Expense Ratio
    1.960%
  • Expense Ratio 1.960%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category Mid-Cap Growth
  • Investment Style Mid Growth
  • Min. Initial Investment 1,500
  • Status Open
  • TTM Yield —
  • Turnover 25%

USD | NAV as of Sep 28, 2023 | 1-Day Return as of Sep 28, 2023, 10:21 PM GMT+0

Morningstar’s Analysis KAUAX

Will KAUAX 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 KAUAX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the KAUAX 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 KAUAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Not worth the high price tag.

Associate Analyst David Carey

David Carey

Associate Analyst

Summary

Federated Hermes Kaufmann’s poorly executed, inconsistent approach warrants a Process Pillar downgrade to Below Average from Average. Investors are better off without this fund and its perennially high fees.

by David Carey
Rated on Published on

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Portfolio Holdings KAUAX

More KAUAX Holdings
  • Current Portfolio Date
  • Equity Holdings 159
  • Bond Holdings 4
  • Other Holdings 30
  • % Assets in Top 10 Holdings 24.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

argenx SE

4.99
246,005,949
Healthcare

Federated Hermes Inst Prime Val Obl IS

4.34
214,176,380
Cash and Equivalents

DexCom Inc

3.09
152,284,350
Healthcare

United States Treasury Notes 4.125%

2.54
125,152,676
Government

Danaher Corp

2.11
103,800,000
Healthcare

CoStar Group Inc

2.05
101,170,572
Real Estate

Agnico Eagle Mines Ltd

2.03
99,960,000
Basic Materials

Philip Morris International Inc

1.98
97,620,000
Consumer Defensive

Quanta Services Inc

1.85
91,113,510
Industrials

Wingstop Inc

1.81
89,408,269
Consumer Cyclical