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Name

As of 12/05/2023

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 Kaufmann Large Cap Fund

KLCAX | Fund

$23.52

$1.69 B

0.00%

$0.00

1.19%

Vitals

YTD Return

27.0%

1 yr return

23.6%

3 Yr Avg Return

1.0%

5 Yr Avg Return

11.6%

Net Assets

$1.69 B

Holdings in Top 10

39.2%

52 WEEK LOW AND HIGH

$23.5
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.19%

SALES FEES

Front Load 5.50%

Deferred Load N/A

TRADING FEES

Turnover 28.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$1,500

IRA

$250

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/05/2023

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 Kaufmann Large Cap Fund

KLCAX | Fund

$23.52

$1.69 B

0.00%

$0.00

1.19%

KLCAX - Profile

Distributions

  • YTD Total Return 27.0%
  • 3 Yr Annualized Total Return 1.0%
  • 5 Yr Annualized Total Return 11.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.57%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Federated Hermes Kaufmann Large Cap Fund
  • Fund Family Name
    Federated Hermes Funds
  • Inception Date
    Dec 04, 2007
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Mark Bauknight

Fund Description

The Fund pursues its investment objective by investing primarily in the common stocks of large companies that are traded on national security exchanges, the NASDAQ stock market and on the over-the-counter market. Large companies will be defined as companies with market capitalizations that are in the top 75% of the market capitalization range of the Russell 1000 Index. The market capitalization of companies of the Russell 1000 Index ranged from approximately $303.5 million to $2.4 trillion. As of October 31, 2022, the market capitalizations of companies within the top 75thpercentile of the Russell 1000 Index ranged from $6.1 billion to $2.4 trillion.The Fund will normally invest at least 80% of its net assets (which include the amount of any borrowings for investment purposes) in large-cap companies and will notify shareholders at least 60 days in advance of any change in its investment policies that would permit the Fund to normally invest less than 80% of its net assets in investments in large companies. Such definition will be applied at the time of investment and the Fund will not be required to sell a stock because a company has fallen outside the market capitalization range of large capitalization stocks. Up to 30% of the Fund’s net assets may be invested in foreign securities. When investing in foreign securities, the Fund’s Adviser and Sub-Adviser (collectively, “Adviser”) may emphasize investment in a particular country or group of countries which may subject the Fund to the risks of investing in such country or group of countries to a greater extent than if the Fund’s foreign security exposure was diversified over a greater number of countries. The Adviser’s process for selecting investments is bottom-up and growth-oriented.The Fund may invest in fixed-income securities, American Depositary Receipts (ADRs) and use derivative contracts and/or hybrid instruments. The Fund may invest in derivative contracts (such as, for example, options, swaps and futures contracts) and hybrid instruments to implement its investment strategies. For example, the Fund may use derivative contracts or hybrid instruments to increase or decrease the portfolio’s exposure to the investment(s) underlying the derivative or hybrid instruments in an attempt to benefit from changes in the value of the underlying investments(s), to realize gain from trading a derivative contract or to hedge against potential losses. There can be no assurances that the Fund’s use of derivatives contracts or hybrid instruments will work as intended. Derivative investments made by the Fund are included within the Fund’s 80% policy and are calculated at market value.
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KLCAX - Performance

Return Ranking - Trailing

Period KLCAX Return Category Return Low Category Return High Rank in Category (%)
YTD 27.0% -8.4% 59.4% 67.87%
1 Yr 23.6% -14.6% 69.4% 0.34%
3 Yr 1.0%* -31.1% 25.7% 79.37%
5 Yr 11.6%* -12.6% 27.2% 50.09%
10 Yr 10.5%* -4.8% 18.8% 74.26%

* Annualized

Return Ranking - Calendar

Period KLCAX Return Category Return Low Category Return High Rank in Category (%)
2022 -45.2% -85.9% 4.7% 91.19%
2021 -1.8% -52.4% 60.5% 76.64%
2020 23.7% -34.3% 145.0% 59.39%
2019 31.7% -21.8% 49.4% 14.25%
2018 -10.0% -57.9% 10.6% 41.98%

Total Return Ranking - Trailing

Period KLCAX Return Category Return Low Category Return High Rank in Category (%)
YTD 27.0% -8.4% 59.4% 67.87%
1 Yr 23.6% -14.6% 69.4% 0.34%
3 Yr 1.0%* -31.1% 25.7% 79.37%
5 Yr 11.6%* -12.6% 27.2% 50.09%
10 Yr 10.5%* -4.8% 18.8% 74.26%

* Annualized

Total Return Ranking - Calendar

Period KLCAX Return Category Return Low Category Return High Rank in Category (%)
2022 -30.0% -61.7% 5.6% 44.14%
2021 13.5% -39.8% 118.1% 82.01%
2020 28.1% 2.8% 149.2% 77.09%
2019 37.8% -5.2% 49.4% 11.13%
2018 -0.1% -21.9% 17.0% 34.31%

NAV & Total Return History

KLCAX - Holdings

Concentration Analysis

KLCAX Category Low Category High KLCAX % Rank
Net Assets 1.69 B 215 K 222 B 41.35%
Number of Holdings 59 1 3268 52.98%
Net Assets in Top 10 715 M 94.8 K 95.3 B 46.28%
Weighting of Top 10 39.24% 0.7% 150.0% 81.94%

Top 10 Holdings

  1. Microsoft Corp 5.25%
  2. Argenx SE 5.01%
  3. Alphabet Inc 4.91%
  4. Amazon.com Inc 4.40%
  5. Federated Institutional Prime Value Obligations Fund 4.04%
  6. Apple Inc 3.66%
  7. ServiceNow Inc 3.20%
  8. Costco Wholesale Corp 3.14%
  9. Visa Inc 2.93%
  10. CoStar Group Inc 2.69%

Asset Allocation

Weighting Return Low Return High KLCAX % Rank
Stocks 		96.29% 0.00% 133.28% 84.79%
Cash 		4.04% -1.50% 99.01% 13.06%
Preferred Stocks 		0.00% 0.00% 6.54% 59.83%
Other 		0.00% -42.51% 62.37% 60.74%
Convertible Bonds 		0.00% 0.00% 1.94% 52.73%
Bonds 		0.00% 0.00% 106.18% 55.21%

Stock Sector Breakdown

Weighting Return Low Return High KLCAX % Rank
Technology 		25.84% 0.00% 65.70% 82.78%
Healthcare 		19.80% 0.00% 39.76% 9.11%
Financial Services 		16.19% 0.00% 43.06% 11.01%
Consumer Cyclical 		14.92% 0.00% 62.57% 55.38%
Communication Services 		7.29% 0.00% 66.40% 77.15%
Real Estate 		3.80% 0.00% 16.05% 10.18%
Industrials 		3.35% 0.00% 30.65% 79.47%
Energy 		2.68% 0.00% 41.09% 22.52%
Basic Materials 		2.66% 0.00% 18.91% 21.36%
Consumer Defense 		2.62% 0.00% 25.50% 65.15%
Utilities 		0.84% 0.00% 16.07% 17.72%

Stock Geographic Breakdown

Weighting Return Low Return High KLCAX % Rank
US 		91.54% 0.00% 133.28% 87.93%
Non US 		4.75% 0.00% 79.42% 11.40%

KLCAX - Expenses

Operational Fees

KLCAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.19% 0.01% 19.54% 32.59%
Management Fee 0.75% 0.00% 1.50% 80.75%
12b-1 Fee N/A 0.00% 1.00% 14.50%
Administrative Fee 0.10% 0.00% 1.02% 52.62%

Sales Fees

KLCAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.50% 2.25% 8.50% 52.69%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

KLCAX 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.

KLCAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 28.00% 0.00% 316.74% 42.94%

KLCAX - Distributions

Dividend Yield Analysis

KLCAX Category Low Category High KLCAX % Rank
Dividend Yield 0.00% 0.00% 5.54% 55.98%

Dividend Distribution Analysis

KLCAX Category Low Category High Category Mod
Dividend Distribution Frequency None Annually Annual Annual

Net Income Ratio Analysis

KLCAX Category Low Category High KLCAX % Rank
Net Income Ratio -0.57% -6.13% 3.48% 69.32%

Capital Gain Distribution Analysis

KLCAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

KLCAX - Fund Manager Analysis

Managers

Mark Bauknight

Start Date

Tenure

Tenure Rank

Dec 05, 2007

14.5

14.5%

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.

Hans Utsch

Start Date

Tenure

Tenure Rank

Dec 05, 2007

14.5

14.5%

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.

Thomas Brakel

Start Date

Tenure

Tenure Rank

Jun 22, 2009

12.95

13.0%

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

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

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.

Steven Abrahamson

Start Date

Tenure

Tenure Rank

Dec 31, 2013

8.42

8.4%

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.

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

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 54.45 8.14 3.08

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