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QQMNX
Federated Hermes MDT Market Neutral Fund IS Share Class

QQMNX Mutual Fund Price & Analysis

The Federated Hermes MDT Market Neutral Fund IS Share Class (QQMNX) 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 IS share class is designed for institutional 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.

QQMNX Mutual Fund Chart & Stats

Previous CloseN/A
Sub-CategoryMacro and Absolute Return
Total Liabilities339.41M
Next Dividend Ex-DateN/A
Expense Ratio1.94%
Holding Count392
Brandfederated hermes adviser series
Dividend YieldN/A
CategoryAlternative
Total Assets762.98M
Shares OutstandingN/A
52-Week Range― - ―

Top 10 Holdings

Name
Weight %
PVOXX
Federated Hermes Institutional Prime Value Obligations Fund
6.02%
Abbvie
2.60%
Spotify
2.53%
Vistra Energy
2.45%
Advance Auto Parts Inc
2.23%
Nutanix Inc
2.04%
Crowdstrike Holdings
1.88%
Wingstop Inc.
1.77%
Jackson Financial Incorporation Class A
1.69%
Ameriprise Financial Services
1.67%
Total24.87%

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