The fund ended the fourth quarter roughly sector-neutral to the benchmark, as intended by our multi-layered risk management. Within the sectors, there was an overweight position in the insurance industry and the software & services industry. There were underweight positions in the technology hardwar...
The broad market Russell 3000 Index returned 2.63% for the fourth quarter. The mega-cap Russell Top 200 Index (+3.35%) outpaced the Russell Midcap Index (0.62%) and the small-cap Russell 2000 Index (+0.33%). The Russell 3000 Growth Index (+6.82%) handily beat the Russell 3000 Value ...
Federated Hermes MDT Small Cap Growth Fund (Institutional Shares) returned 1.26% in the fourth quarter of 2024, underperforming the 1.70% return of its benchmark, the Russell 2000 Growth Index. Performance quoted represents past performance which is no guarantee of future results. Investment return ...