Federated Hermes Kaufmann Large Cap’s preference for smaller companies can leave it out of step with its large-cap benchmark, but a capable team of veteran investors gives it a chance to add value. Most share classes receive a Morningstar Analyst Rating of Neutral, though the cheaper R6 shares are rated Bronze.
Will KLCIX 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 KLCIX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the KLCIX 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 KLCIX’s parent organization’s priorities and whether they’re in line with investors’ interests.