Federated Hermes MDT Market Neutral Fund A Share Class (QAMNX)
The Federated Hermes MDT Market Neutral Fund A Share Class (ticker: QAMNX) is a mutual fund that aims to provide investors with a market-neutral investment strategy. This means that the fund seeks to generate returns that are not dependent on the overall direction of the stock market. The fund is managed by Federated Hermes, a leading global investment management firm, and utilizes a multi-dimensional trading approach to identify and capitalize on market inefficiencies. The A Share Class is designed for individual investors and has a lower expense ratio compared to other share classes. Overall, this fund offers a unique and potentially less volatile investment option for those looking to diversify their portfolio.
QAMNX Mutual Fund Chart & Stats
- Previous Close
- $23.06
- Sub-Category
- Macro and Absolute Return
- Total Liabilities
- $1.73B
- Expense Ratio
- 2.36%
- Holding Count
- 398
- Brand
- Federated Hermes Adviser Series
- Category
- Alternative
- Total Assets
- 4.08B
- Shares Outstanding
- N/A
- 52-Week Range
- $20.72 - $24.62
QAMNX Mutual Fund News
Top 10 Holdings
| Name | Weight % |
|---|---|
| USD_CASHFEDERATED HERMES MONEY MARKET OBLIGATIONS TRUST | 5.51% |
| VIKViking Holdings Ltd | 2.71% |
| TRVTravelers Companies Inc | 2.70% |
| GEVGE Vernova Inc. | 2.60% |
| ABBVAbbvie | 2.57% |
| FISVFiserv, Inc. | 2.56% |
| CRWDCrowdstrike Holdings | 2.46% |
| GEGe Aerospace | 2.45% |
| INTUIntuit Inc. | 2.36% |
| MRNAModerna | 1.96% |
| Total | 27.87% |
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