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Federated Hermes Kaufmann Large Cap IS KLCIX

Analyst rating as of
NAV / 1-Day Return
41.05  /  0.71 %
Total Assets
4.7 Bil
Adj. Expense Ratio
0.840%
Expense Ratio
0.840%
Fee Level
Above Average
Longest Manager Tenure
13.88 years
Category
Large Growth
Investment Style
Large Growth
Min. Initial Investment
1,000,000
Status
Open
TTM Yield
0.00%
Turnover
24%
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Morningstar’s Analysis

Will KLCIX outperform in future?

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

The Federated Hermes Kaufmann Team Loses a Manager; Ratings Unchanged

Analyst Note

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On Sept. 1, 2021, Federated Hermes announced the abrupt departure of manager Jonathan Art from the firm and its New York-based Kaufmann team. Art will leave on Sept. 2, 2021. The Kaufmann team's eight experienced managers can pick up the slack, however, keeping Federated Hermes Kaufmann and Federated Hermes Kaufmann Large Cap's Morningstar Analyst Ratings at Neutral for all share classes.

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