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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
ABBVIE INC ABBV 2.8600%
VERALTO CORP VLTO 2.3927%
PRUDENTIAL FINANCIAL INC PRU 2.3398%
AMERIPRISE FINANCIAL INC AMP 2.2631%
EXELON CORP EXC 1.9347%
FORTINET INC FTNT 1.9093%
TRAVELERS COS INC/THE TRV 1.8872%
EOG RESOURCES INC EOG 1.8538%
KIMBERLY-CLARK CORP KMB 1.8151%
JPMORGAN CHASE & CO JPM 1.7788%
Top 10 Holdings Weight: 21.0%
Number of Holdings: 127
Shares Outstanding: 885,000
Total Net Assets: 24,532,200
NAV: 27.69
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