Federated Hermes Kaufmann's team is experienced, but inconsistent portfolio construction and high fees warrant a Morningstar Analyst Rating of Neutral across all share classes.
Federated Hermes Kaufmann B KAUBX
NAV / 1-Day Return
4.04
/
2.42
%
Total Assets
607.0 Mil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
2.510%
Expense Ratio
2.510%
Fee Level
High
Longest Manager Tenure
35.92
years
Category
Mid-Cap Growth
Investment Style
Mid GrowthMin. Initial Investment
1,500
Status
Closed
TTM Yield
0.00%
Turnover
34%
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Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will KAUBX 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 KAUBX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the KAUBX 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 KAUBX’s parent organization’s priorities and whether they’re in line with investors’ interests.
An unconstrained approach and high fees limit its appeal.
