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Federated Hermes Kaufmann Large Cap A KLCAX

Medalist Rating as of | See Federated Hermes Investment Hub
  • NAV / 1-Day Return 23.13  /  0.64 %
  • Total Assets 1.7 Bil
  • Adj. Expense Ratio
    1.090%
  • Expense Ratio 1.090%
  • Distribution Fee Level Above Average
  • Share Class Type Front Load
  • Category Large Growth
  • Investment Style Large Growth
  • Min. Initial Investment 1,500
  • Status Open
  • TTM Yield
  • Turnover 15%

Morningstar’s Analysis KLCAX

Will KLCAX outperform in future?

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

Federated Hermes Kaufmann Large Cap Expects Big Capital Gains

null David Carey

David Carey

Analyst Note

Federated Hermes recently announced Federated Hermes Kaufmann Large Cap's 2023 distribution estimates. As anticipated, investors could see a sizable tax bill at the end of the year. The fund expects to distribute roughly $5.04 per share at the end of 2023—roughly 23% of its net asset value as of Sept. 30, 2023. Although the actual distribution might vary somewhat, it’s likely that this will be the third year in a row that the fund has issued a hefty distribution to its investors. As such, the fund is best held in a nontaxable account. The upcoming distribution does not affect the fund’s Average People or Below Average Process rating.

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Portfolio Holdings KLCAX

  • Current Portfolio Date
  • Equity Holdings 63
  • Bond Holdings 0
  • Other Holdings 7
  • % Assets in Top 10 Holdings 37.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector
5.25
89,988,750
Technology
4.85
83,124,800
Healthcare
4.66
79,929,288
Communication Services
4.30
73,755,024
Consumer Cyclical
3.30
56,550,663
Technology
3.26
55,896,000
Technology
3.16
54,123,168
Consumer Defensive

Federated Hermes Inst Prime Val Obl IS

3.10
53,203,346
Cash and Equivalents
3.02
51,752,250
Financial Services
2.99
51,187,500
Technology