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Name

As of 04/30/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Federated Hermes MDT Market Neutral Fund

HHQAX | Fund

$18.44

$82.2 M

0.00%

1.61%

Vitals

YTD Return

N/A

1 yr return

N/A

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$82.2 M

Holdings in Top 10

30.1%

52 WEEK LOW AND HIGH

$18.5
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.61%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 74.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$1,000

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 04/30/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Federated Hermes MDT Market Neutral Fund

HHQAX | Fund

$18.44

$82.2 M

0.00%

1.61%

HHQAX - Profile

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.47%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Federated Hermes MDT Market Neutral Fund
  • Fund Family Name
    Hancock Horizon
  • Inception Date
    Sep 30, 2008
  • Shares Outstanding
    118894
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Jacob Hartl

Fund Description

HHQAX - Performance

Return Ranking - Trailing

Period HHQAX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -6.9% 17.6% 88.27%
1 Yr N/A -13.1% 40.4% 69.83%
3 Yr N/A* -20.6% 26.3% 48.19%
5 Yr N/A* -4.2% 25.0% 80.41%
10 Yr N/A* -4.0% 10.1% 80.00%

* Annualized

Return Ranking - Calendar

Period HHQAX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -17.3% 43.8% 19.08%
2022 N/A -54.0% 17.4% 65.87%
2021 N/A -40.0% 54.1% 81.99%
2020 N/A -47.6% 88.4% 40.79%
2019 N/A -20.3% 62.6% 79.59%

Total Return Ranking - Trailing

Period HHQAX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -6.9% 17.6% 84.92%
1 Yr N/A -13.1% 40.4% 11.17%
3 Yr N/A* -20.6% 26.3% 50.00%
5 Yr N/A* -4.2% 25.0% 73.97%
10 Yr N/A* -4.0% 10.1% 50.00%

* Annualized

Total Return Ranking - Calendar

Period HHQAX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -14.5% 43.8% 5.78%
2022 N/A -54.0% 50.3% 90.42%
2021 N/A -40.0% 61.6% 81.99%
2020 N/A -29.9% 91.0% 40.79%
2019 N/A -17.9% 79.4% 44.22%

NAV & Total Return History

HHQAX - Holdings

Concentration Analysis

HHQAX Category Low Category High HHQAX % Rank
Net Assets 82.2 M 1.08 M 6.67 B 47.93%
Number of Holdings 139 3 1788 43.37%
Net Assets in Top 10 24.4 M 474 K 2.09 B 70.48%
Weighting of Top 10 30.11% 0.9% 182.8% 80.72%

Top 10 Holdings

  1. Federated Hermes Govt Obl Premier 19.04%
  2. Intuit Inc 1.40%
  3. Apple Inc 1.31%
  4. Lam Research Corp 1.29%
  5. Mitek Systems Inc 1.28%
  6. Renewable Energy Group Inc 1.26%
  7. Alphabet Inc Class A 1.25%
  8. Generac Holdings Inc 1.24%
  9. KLA Corp 1.23%
  10. Zebra Technologies Corp 1.23%

Asset Allocation

Weighting Return Low Return High HHQAX % Rank
Stocks 		70.35% 0.00% 102.24% 42.77%
Cash 		29.65% 0.00% 102.08% 42.77%
Preferred Stocks 		0.00% 0.00% 8.29% 22.89%
Other 		0.00% -45.12% 99.51% 47.59%
Convertible Bonds 		0.00% -0.02% 4.48% 15.00%
Bonds 		0.00% 0.00% 178.67% 34.34%

Stock Sector Breakdown

Weighting Return Low Return High HHQAX % Rank
Technology 		21.06% 0.00% 43.24% 29.50%
Consumer Cyclical 		15.84% 0.00% 88.83% 8.63%
Healthcare 		15.12% 0.00% 100.00% 48.20%
Industrials 		14.73% 0.00% 31.93% 13.67%
Financial Services 		13.57% 0.00% 83.83% 56.83%
Communication Services 		6.68% 0.00% 32.32% 53.24%
Consumer Defense 		5.32% 0.00% 33.38% 60.43%
Energy 		3.60% 0.00% 32.57% 56.83%
Basic Materials 		2.29% 0.00% 28.58% 66.91%
Real Estate 		1.80% 0.00% 10.93% 46.04%
Utilities 		0.00% 0.00% 21.71% 77.70%

Stock Geographic Breakdown

Weighting Return Low Return High HHQAX % Rank
US 		70.05% -0.30% 102.24% 35.54%
Non US 		0.30% -3.36% 70.87% 19.88%

HHQAX - Expenses

Operational Fees

HHQAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.61% 0.42% 8.51% 76.92%
Management Fee 0.80% 0.00% 2.50% 13.61%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.03% 1.54% 60.77%

Sales Fees

HHQAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% 66.10%
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

HHQAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

HHQAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 74.00% 0.00% 479.00% 43.18%

HHQAX - Distributions

Dividend Yield Analysis

HHQAX Category Low Category High HHQAX % Rank
Dividend Yield 0.00% 0.00% 27.29% 11.90%

Dividend Distribution Analysis

HHQAX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annual Quarterly Annual

Net Income Ratio Analysis

HHQAX Category Low Category High HHQAX % Rank
Net Income Ratio -0.47% -3.33% 2.16% 38.32%

Capital Gain Distribution Analysis

HHQAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

View More +

HHQAX - Fund Manager Analysis

Managers

Jacob Hartl

Start Date

Tenure

Tenure Rank

Sep 30, 2008

12.93

12.9%

Jacob Hartl, CFA, serves a portfolio manager for the Horizon Advisers , takes part in the research and analysis for the Hancock Horizon Family of Funds and has co-managed the Quantitative Long/ Short Fund since its inception. Prior to joining the Horizon in 2008, Mr. Hartl served as a portfolio manager for SunTrust Bank in their Private Wealth Management Group. In addition to portfolio management responsibilities involving equities, bonds and alternative investments, he was a member of the investment group’s fixed income strategy committee. His experience also includes analytic and asset allocation responsibilities in Morgan Keegan’s Investment Management Consulting Group. Mr. Hartl has been working in the investment industry since 1999.

Paula Chastain

Start Date

Tenure

Tenure Rank

Sep 30, 2008

12.93

12.9%

Paula Chastain serves as a portfolio manager for Horizon Advisers. Ms. Chastain began working for Horizon in 1996 and has been working in the investment industry since 1996.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.07 23.55 6.07 7.93

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