Nasdaq - Delayed Quote USD

Federated Hermes MDT Market Neutral IS (QQMNX)

19.15 0.00 (0.00%)
At close: April 26 at 8:01 PM EDT
Key Events
Loading Chart for QQMNX
DELL
  • Previous Close 19.15
  • YTD Return 8.94%
  • Expense Ratio 2.18%
  • Category Equity Market Neutral
  • Last Cap Gain 0.00
  • Morningstar Rating
  • Morningstar Risk Rating High
  • Sustainability Rating --
  • Net Assets 423.57M
  • Beta (5Y Monthly) 0.04
  • Yield 2.78%
  • 5y Average Return --
  • Holdings Turnover 150.00%
  • Last Dividend 0.55
  • Inception Date Sep 30, 2008

The fund seeks to achieve its objective by selecting long positions in publicly traded common stocks which its quantitative model predicts will achieve above-market returns, and short positions in publicly traded common stocks which the fund’s quantitative model predicts will achieve below-market returns. The Adviser will attempt to realize investment gains on both the long and short sides of its investment strategies through stock selection.

Federated

Fund Family

Equity Market Neutral

Fund Category

423.57M

Net Assets

2008-09-30

Inception Date

Performance Overview: QQMNX

Trailing returns as of 4/25/2024. Category is Equity Market Neutral.

YTD Return

QQMNX
8.94%
Category
3.32%
 

1-Year Return

QQMNX
12.14%
Category
1.15%
 

3-Year Return

QQMNX
14.52%
Category
0.31%
 

5-Year Return

QQMNX
9.55%
Category
0.15%
 

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Holdings: QQMNX

Top 10 Holdings (24.99% of Total Assets)

SymbolCompany% Assets
PVOXX
Money Market Obligations Trust - Federated Institutional Prime Value Obligations Fund 5.21%
BX
Blackstone Inc. 2.60%
EXR
Extra Space Storage Inc. 2.58%
AMD
Advanced Micro Devices, Inc. 2.49%
PAYC
Paycom Software, Inc. 2.34%
ENTG
Entegris, Inc. 2.33%
AZPN
Aspen Technology, Inc. 2.03%
ABBV
AbbVie Inc. 1.85%
AAP
Advance Auto Parts, Inc. 1.83%
VST
Vistra Corp. 1.72%

Sector Weightings

SectorQQMNX
Technology   31.76%
Healthcare   17.43%
Industrials   6.81%
Real Estate   4.01%
Energy   3.54%
Utilities   2.46%

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