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Morningstar

Federated Hermes MDT Market Neutral A QAMNX

Morningstar Medalist Rating
Medalist Rating as of | See Federated Investment Hub
  • NAV / 1-Day Return —  /  —
  • Total Assets 336.8 Mil
  • Adj. Expense Ratio
    1.330%
  • Expense Ratio 1.860%
  • Distribution Fee Level Below Average
  • Share Class Type Front Load
  • Category Long-Short Equity
  • Investment Style Mid Growth
  • Min. Initial Investment 1,500
  • Status Open
  • TTM Yield 0.00
  • Turnover 270%

Morningstar’s Analysis QAMNX

Will QAMNX 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 QAMNX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the QAMNX 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 QAMNX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Federated Hermes MDT Market Neutral A's Average People and Parent ratings limit this strategy to a Morningstar Medalist Rating of Neutral. The portfolio maintains a sizable cost advantage over competitors, priced within the second-lowest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings QAMNX

More QAMNX Holdings
  • Current Portfolio Date
  • Equity Holdings 405
  • Bond Holdings 0
  • Other Holdings 2
  • % Assets in Top 10 Holdings 0.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Usd

89.42
303,717,502
Cash and Equivalents

Federated Hermes Inst Prime Val Obl IS

7.40
25,138,049
Cash and Equivalents

Expedia Group Inc

2.64
8,974,402
Consumer Cyclical

Teladoc Health Inc

2.59
8,795,329
Healthcare

Kilroy Realty Corp

2.35
7,993,631
Real Estate

Pegasystems Inc

2.31
7,859,287
Technology

Spotify Technology SA

2.26
7,663,909
Communication Services

Semtech Corp

1.97
6,703,606
Technology

Arista Networks Inc

1.71
5,818,195
Technology

Zoom Video Communications Inc

1.70
5,761,292
Technology