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.
Federated Hermes Kaufmann Large Cap IS KLCIX
NAV / 1-Day Return
34.97
/
2.51
%
Total Assets
4.3 Bil
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.
0.840%
Expense Ratio
0.840%
Fee Level
Above Average
Longest Manager Tenure
13.44
years
Category
Large Growth
Investment Style
Large GrowthMin. Initial Investment
1,000,000
Status
Open
TTM Yield
0.00%
Turnover
24%
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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 KLCIX 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 KLCIX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
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.
Parent Pillar
The Parent Pillar is our rating of KLCIX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A large-cap fund with a small-cap mindset.
