Federated Hermes Kaufmann Fund
Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
8.0%
1 yr return
25.4%
3 Yr Avg Return
-2.5%
5 Yr Avg Return
4.8%
Net Assets
$4.88 B
Holdings in Top 10
24.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.99%
SALES FEES
Front Load 5.50%
Deferred Load N/A
TRADING FEES
Turnover 34.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,500
IRA
$250
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
KAUAX - Profile
Distributions
- YTD Total Return 8.0%
- 3 Yr Annualized Total Return -2.5%
- 5 Yr Annualized Total Return 4.8%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -1.41%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameFederated Hermes Kaufmann Fund
-
Fund Family NameFederated Hermes Funds
-
Inception DateMay 14, 2001
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerHans Utsch
Fund Description
KAUAX - Performance
Return Ranking - Trailing
Period | KAUAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 8.0% | -5.1% | 27.8% | 53.72% |
1 Yr | 25.4% | -6.1% | 60.7% | 56.10% |
3 Yr | -2.5%* | -24.0% | 86.1% | 82.77% |
5 Yr | 4.8%* | -2.9% | 100.8% | 96.41% |
10 Yr | 8.9%* | 0.4% | 37.0% | 81.68% |
* Annualized
Return Ranking - Calendar
Period | KAUAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 12.7% | -27.7% | 68.0% | 78.14% |
2022 | -30.2% | -85.6% | 350.1% | 45.79% |
2021 | -7.0% | -77.0% | 238.3% | 66.29% |
2020 | 20.1% | -44.1% | 2474.5% | 68.48% |
2019 | 18.2% | -50.2% | 44.0% | 80.76% |
Total Return Ranking - Trailing
Period | KAUAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 8.0% | -5.1% | 27.8% | 53.72% |
1 Yr | 25.4% | -6.1% | 60.7% | 56.10% |
3 Yr | -2.5%* | -24.0% | 86.1% | 82.77% |
5 Yr | 4.8%* | -2.9% | 100.8% | 96.41% |
10 Yr | 8.9%* | 0.4% | 37.0% | 81.68% |
* Annualized
Total Return Ranking - Calendar
Period | KAUAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 14.9% | -26.1% | 68.0% | 80.69% |
2022 | -30.2% | -67.0% | 440.7% | 61.72% |
2021 | 2.4% | -23.5% | 342.2% | 90.21% |
2020 | 28.0% | 2.6% | 2549.1% | 77.43% |
2019 | 30.9% | 14.6% | 44.8% | 71.74% |
NAV & Total Return History
KAUAX - Holdings
Concentration Analysis
KAUAX | Category Low | Category High | KAUAX % Rank | |
---|---|---|---|---|
Net Assets | 4.88 B | 1.94 M | 84.5 B | 21.05% |
Number of Holdings | 185 | 25 | 3644 | 9.80% |
Net Assets in Top 10 | 1.18 B | 319 K | 8.39 B | 18.51% |
Weighting of Top 10 | 24.60% | 0.4% | 99.9% | 64.97% |
Top 10 Holdings
- Argenx SE 4.50%
- DexCom Inc 2.82%
- Federated Institutional Prime Value Obligations Fund 2.77%
- Wingstop Inc 2.69%
- Ideaya Biosciences Inc 2.22%
- BLUE OWL CAPITAL PIPE DEAL 2.19%
- ServiceNow Inc 1.99%
- CoStar Group Inc 1.97%
- Quanta Services Inc 1.77%
- Hamilton Lane Inc 1.68%
Asset Allocation
Weighting | Return Low | Return High | KAUAX % Rank | |
---|---|---|---|---|
Stocks | 100.57% | 0.92% | 101.49% | 2.18% |
Bonds | 1.65% | -3.27% | 1.87% | 0.54% |
Preferred Stocks | 0.60% | 0.00% | 5.46% | 4.90% |
Other | 0.24% | -0.18% | 16.96% | 19.06% |
Cash | 0.00% | 0.00% | 99.08% | 93.47% |
Convertible Bonds | 0.00% | 0.00% | 0.40% | 33.39% |
Stock Sector Breakdown
Weighting | Return Low | Return High | KAUAX % Rank | |
---|---|---|---|---|
Healthcare | 37.06% | 0.00% | 37.06% | 0.18% |
Technology | 20.14% | 0.04% | 62.17% | 83.85% |
Consumer Cyclical | 9.15% | 0.00% | 57.41% | 85.30% |
Financial Services | 8.16% | 0.00% | 43.01% | 40.65% |
Basic Materials | 7.59% | 0.00% | 17.25% | 4.54% |
Industrials | 6.98% | 0.00% | 38.23% | 90.38% |
Real Estate | 5.34% | 0.00% | 19.28% | 17.06% |
Utilities | 2.18% | 0.00% | 12.94% | 11.25% |
Energy | 1.94% | 0.00% | 62.10% | 45.55% |
Consumer Defense | 1.10% | 0.00% | 16.40% | 70.24% |
Communication Services | 0.38% | 0.00% | 18.33% | 84.03% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | KAUAX % Rank | |
---|---|---|---|---|
US | 91.83% | 0.64% | 101.49% | 90.02% |
Non US | 8.74% | 0.00% | 34.81% | 2.54% |
Bond Sector Breakdown
Weighting | Return Low | Return High | KAUAX % Rank | |
---|---|---|---|---|
Corporate | 4.79% | 0.00% | 100.00% | 10.16% |
Derivative | 0.24% | -0.18% | 16.96% | 2.36% |
Cash & Equivalents | 0.00% | 0.00% | 100.00% | 76.59% |
Securitized | 0.00% | 0.00% | 30.57% | 34.06% |
Municipal | 0.00% | 0.00% | 0.02% | 34.06% |
Government | 0.00% | 0.00% | 99.86% | 34.46% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | KAUAX % Rank | |
---|---|---|---|---|
US | 1.63% | -3.27% | 1.87% | 0.54% |
Non US | 0.02% | 0.00% | 0.02% | 0.18% |
KAUAX - Expenses
Operational Fees
KAUAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.99% | 0.02% | 17.54% | 10.22% |
Management Fee | 1.28% | 0.00% | 1.50% | 99.27% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 39.74% |
Administrative Fee | 0.10% | 0.00% | 0.40% | 52.17% |
Sales Fees
KAUAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 5.50% | 3.00% | 5.75% | 55.38% |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
KAUAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 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.
KAUAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 34.00% | 0.00% | 250.31% | 40.04% |
KAUAX - Distributions
Dividend Yield Analysis
KAUAX | Category Low | Category High | KAUAX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 32.46% | 46.46% |
Dividend Distribution Analysis
KAUAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annually | SemiAnnual | Annual |
Net Income Ratio Analysis
KAUAX | Category Low | Category High | KAUAX % Rank | |
---|---|---|---|---|
Net Income Ratio | -1.41% | -2.24% | 2.75% | 91.53% |
Capital Gain Distribution Analysis
KAUAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 06, 2019 | $0.705 | OrdinaryDividend |
Dec 30, 2010 | $0.034 | OrdinaryDividend |
Dec 30, 2009 | $0.009 | OrdinaryDividend |
KAUAX - Fund Manager Analysis
Managers
Hans Utsch
Start Date
Tenure
Tenure Rank
Feb 21, 1986
36.3
36.3%
Senior Vice President, Senior Portfolio Manager, Head of Kaufmann Growth Equity Team. Responsible for portfolio management and research in global growth equity area. Previous associations: Chairman & Co-Portfolio Manager, Edgemont Asset Management Corp, adviser to The Kaufmann Fund; President, Hans Utsch & Company; Analyst, Goodbody & Co. B.A., Amherst College; M.B.A., Columbia University. Joined Federated 2001; joined Kaufmann Fund 1986; Investment Experience: 56 Years.
Mark Bauknight
Start Date
Tenure
Tenure Rank
Oct 01, 2003
18.68
18.7%
Vice President, Senior Portfolio Manager, Senior Investment Analyst. Responsible for research and analytical support in the global growth equity area. Previous associations: Investment Analyst, Edgemont Asset Management Corp, adviser to The Kaufmann Fund; Analyst, UBS Securities, LLC; Analyst, Morgan Stanley & Co. Two B.A. degrees, University of North Carolina at Chapel Hill; M.B.A., Oxford University. Joined Federated 2001; joined Kaufmann Fund 1997; Investment Experience: 25 Years.
Thomas Brakel
Start Date
Tenure
Tenure Rank
Jul 01, 2012
9.92
9.9%
Vice President, Senior Portfolio Manager. Responsible for portfolio management and fundamental analysis in the global growth equity area. Previous associations: Vice President/Senior Biotech Analyst New Vernon Associates; Biotech Analyst, BioPharma Fund; Biotech/Pharmaceutical Analyst, Mehta Partners. M.D., Erasmus University Rotterdam, The Netherlands; M.B.A., Stanford University. Joined Federated Hermes 2003
John Ettinger
Start Date
Tenure
Tenure Rank
Dec 31, 2013
8.42
8.4%
Vice President, Senior Portfolio Manager, Senior Investment Analyst. Responsible for research and analytical support in the global growth equity area. Previous associations: Investment Analyst, Edgemont Asset Management Corp, adviser to The Kaufmann Fund; Investment Analyst, Energy Technology Investments; Equity Analyst, Value Line. B.A., Duke University. Joined Federated 2001; joined Kaufmann Fund 1996; Investment Experience: 24 Years.
Barbara Miller
Start Date
Tenure
Tenure Rank
Dec 31, 2013
8.42
8.4%
Barbara Miller, Vice President, Portfolio Manager. Responsible for portfolio management and fundamental analysis in the global growth equity area. Previous associations: Vice President/Equity Analyst, Goldman Sachs; Principal, BT Alex Brown; Vice President, Edelman Public Relations Worldwide; Associate, Adams & Rinehart/Ogilvy & Mather; Broadcast Journalist. B.A., Brown University; M.B.A., Harvard Business School. Joined Federated Hermes 2002
Stephen DeNichilo
Start Date
Tenure
Tenure Rank
Dec 31, 2014
7.42
7.4%
Stephen DeNichilo, CFA, Vice President, Portfolio Manager. Responsible for portfolio management and fundamental analysis in the global growth equity area. Previous associations: Senior Research Analyst, ACK Asset Management, LLC; Equity Research Analyst, Thomson, Horstmann & Bryant, Inc.; Equity Research Associate, First Albany Capital; Market Analyst, Lord, Abbett & Company; B.S., Villanova University; M.B.A., Fordham University. Frequent guest on CNBC’s Power Lunch. Joined Federated Hermes 2012
Steven Abrahamson
Start Date
Tenure
Tenure Rank
Dec 31, 2015
6.42
6.4%
Member of the Fund's Investment Team since December 2007; Senior Investment Analyst; joined Federated in 2001; formerly Investment Analyst with Edgemont Asset Management Corp., Adviser to The Kaufmann Fund, Inc. (predecessor to the Kaufmann Fund) since 2001; B.S., Bucknell University; M.B.A., Duke University. Steven Abrahamson, Senior Investment Analyst & Portfolio Manager, has been the Fund’s portfolio manager since April 2014 and a member of the Fund’s investment management team since April 2002.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 36.3 | 9.23 | 2.25 |