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 |
Region: | |
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 |