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FLCV ETF Profile


Family: Federated Hermes
Name: Federated Hermes MDT Large Cap Value ETF
Inception Date: 30-Jul-2024
Termination Date:
Investment Objective: The Fund's investment objective is to provide long-term capital appreciation. The Fund seeks to achieve its objective by investing primarily in the common stock of large-cap U.S. companies undervalued relative to the market. The Fund's investment adviser's ("Adviser") investment strategy utilizes a large-cap value approach by selecting most of its investments from companies listed in the Russell 1000 Value Index, an index that measures the performance of those companies with lower price-to-book ratios and lower forecasted growth values within the large-cap segment of the U.S. equity universe, which includes the 1,000 largest U.S. companies by market capitalization. The Fund considers large-cap companies to be those within the range of companies listed in the Russell 1000 Value Index.
Prospectus
Top 10 Holdings
APPLE INC AAPL 5.8315%
AMAZON.COM INC AMZN 5.7065%
MICROSOFT CORP MSFT 4.0999%
ABBVIE INC ABBV 2.8206%
TRAVELERS COS INC/THE TRV 2.0567%
STATE STREET CORP STT 2.0388%
JOHNSON & JOHNSON JNJ 1.9985%
FISERV INC FISV 1.9745%
JPMORGAN CHASE & CO JPM 1.8728%
AMERIPRISE FINANCIAL INC AMP 1.7689%
Top 10 Holdings Weight: 30.2%
Number of Holdings: 127
Shares Outstanding: 4,020,000
Total Net Assets: 148,306,240
NAV: 36.83
Net Expense Ratio: 0.32%
Asset Class: Equities (Stocks)
Developed or Emerging: Developed Market Funds
Country: US
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Strategy: Other Quant Model
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Market Cap: Large Cap
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Is Currency Hedged: No
US or Ex-US: Domestic
Market Data Delayed 15 Minutes