Key stats
About Federated Hermes MDT Large Cap Core ETF
Home page
Inception date
Jul 31, 2024
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Federated MDTA LLC
Distributor
Federated Securities Corp.
ISIN
US31423L5030
FLCC focuses on long-term capital appreciation by primarily investing in the common stocks of large-cap US companies found in the Russell 1000 Index, which includes the 1,000 largest US companies by market capitalization. Investments may also include real estate investment trusts (REITs). The Fund employs a quantitative model that integrates both fundamental and technical variables to guide stock selection, aiming to maintain strict discipline unbiased from market or manager psychology. This model factors in trading costs to optimize post-expense profitability. The Fund commits most of its net assets to these large-cap companies and uses diversification constraints to manage risk effectively. Active portfolio management is a key component, which may increase turnover and trading costs and could impact performance. FLCC does not aim to mirror the returns of the Russell 1000 Index but actively manages its holdings for optimized annual returns while balancing risk.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Electronic Technology
Finance
Stocks99.48%
Technology Services26.92%
Electronic Technology17.52%
Finance15.68%
Retail Trade8.51%
Health Technology8.30%
Producer Manufacturing5.97%
Consumer Services3.74%
Consumer Non-Durables2.58%
Transportation2.08%
Utilities1.63%
Process Industries1.62%
Distribution Services1.21%
Industrial Services1.15%
Non-Energy Minerals0.86%
Energy Minerals0.51%
Commercial Services0.43%
Consumer Durables0.38%
Health Services0.36%
Bonds, Cash & Other0.52%
Cash0.52%
Stock breakdown by region
North America99.07%
Europe0.93%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FLCC invests in stocks. The fund's major sectors are Technology Services, with 26.92% stocks, and Electronic Technology, with 17.52% of the basket. The assets are mostly located in the North America region.
FLCC top holdings are Microsoft Corporation and NVIDIA Corporation, occupying 6.70% and 5.89% of the portfolio correspondingly.
FLCC assets under management is 57.21 M USD. It's risen 4.26% over the last month.
FLCC fund flows account for 50.71 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, FLCC pays dividends to its holders with the dividend yield of 0.17%. The last dividend (Jan 2, 2025) amounted to 0.05 USD. The dividends are paid annually.
FLCC shares are issued by Federated Hermes, Inc. under the brand Federated Hermes. The ETF was launched on Jul 31, 2024, and its management style is Active.
FLCC expense ratio is 0.29% meaning you'd have to pay 0.29% of your investment to help manage the fund.
FLCC follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FLCC invests in stocks.
FLCC price has risen by 1.81% over the last month, and its yearly performance shows a 18.77% increase. See more dynamics on FLCC price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.56% over the last month, showed a 7.79% increase in three-month performance and has increased by 14.03% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.56% over the last month, showed a 7.79% increase in three-month performance and has increased by 14.03% in a year.
FLCC trades at a premium (0.02%) meaning the ETF is trading at a higher price than the calculated NAV.