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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 6.1775%
AMAZON.COM INC AMZN 5.2175%
MICROSOFT CORP MSFT 3.6416%
TRAVELERS COS INC/THE TRV 2.6048%
FISERV INC FISV 2.2352%
WALMART INC WMT 2.1983%
ABBVIE INC ABBV 1.9834%
JOHNSON & JOHNSON JNJ 1.9695%
STATE STREET CORP STT 1.9636%
PRUDENTIAL FINANCIAL INC PRU 1.8367%
Top 10 Holdings Weight: 29.8%
Number of Holdings: 129
Shares Outstanding: 3,480,000
Total Net Assets: 127,509,300
NAV: 36.59
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