Federated Hermes Max Cap Index Fund (FISPX)
The fund invests its assets primarily in common stocks included in the Standard & Poor's 500 Index. It may invest in derivative contracts (such as, for example, futures contracts), to implement its investment strategies.
Fund Info
| ISIN | US31420E1064 |
|---|---|
| CUSIP | 31420E106 |
| Issuer | Federated |
| Inception Date | Jul 11, 1990 |
| Category | Large Cap Blend Equities |
| Min. Investment | $1,000,000 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
FISPX has a high expense ratio of 0.37%, indicating higher-than-average management fees.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Federated Hermes Max Cap Index Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Federated Hermes Max Cap Index Fund had a return of 11.60% year-to-date (YTD) and 30.96% in the last 12 months. Over the past 10 years, Federated Hermes Max Cap Index Fund had an annualized return of 14.94%, outperforming the S&P 500 benchmark which had an annualized return of 10.97%.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 11.60% | 11.29% |
| 1 month | 4.93% | 4.87% |
| 6 months | 18.76% | 17.88% |
| 1 year | 30.96% | 29.16% |
| 5 years (annualized) | 14.73% | 13.20% |
| 10 years (annualized) | 14.94% | 10.97% |
Monthly Returns
The table below presents the monthly returns of FISPX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.70% | 5.28% | 3.17% | -4.24% | 11.60% | ||||||||
| 2023 | 6.20% | -2.45% | 3.57% | 1.62% | 0.40% | 6.61% | 3.23% | -1.69% | -4.75% | -2.06% | 9.09% | 4.75% | 26.27% |
| 2022 | -5.15% | -2.98% | 3.55% | -8.71% | 0.23% | -8.39% | 9.15% | -4.07% | -9.17% | 8.04% | 5.46% | -5.95% | -18.60% |
| 2021 | -0.89% | 2.68% | 4.37% | 5.32% | 0.69% | 2.16% | 2.32% | 3.02% | -4.70% | 6.94% | -0.63% | 4.68% | 28.57% |
| 2020 | -0.10% | -8.20% | -12.33% | 12.88% | 4.66% | 1.98% | 5.58% | 7.15% | -3.85% | -2.72% | 11.00% | 3.96% | 18.27% |
| 2019 | 8.14% | 3.16% | 1.74% | 4.17% | -6.50% | 6.96% | 1.40% | -1.68% | 1.93% | 2.08% | 3.49% | 2.98% | 30.73% |
| 2018 | 5.60% | -3.68% | -2.60% | 0.40% | 2.43% | 0.49% | 3.75% | 3.24% | 0.52% | -6.70% | 1.99% | 10.42% | 15.82% |
| 2017 | 1.87% | 3.90% | 0.14% | 0.99% | 1.33% | 0.68% | 2.07% | 0.34% | 2.01% | 2.39% | 2.98% | 1.08% | 21.61% |
| 2016 | -5.01% | -0.15% | 6.79% | 0.42% | 1.81% | 0.18% | 3.70% | 0.13% | -0.03% | -1.86% | 3.78% | 2.01% | 11.90% |
| 2015 | -3.10% | 5.76% | -1.63% | 0.99% | 1.22% | -1.93% | 2.04% | -6.06% | -2.50% | 8.45% | 0.31% | -1.83% | 0.88% |
| 2014 | -3.44% | 4.54% | 0.87% | 0.68% | 2.27% | 2.01% | -1.42% | 4.01% | -1.42% | 2.40% | 2.63% | -0.26% | 13.30% |
| 2013 | 5.25% | 1.35% | 3.78% | 1.97% | 2.34% | -1.35% | 5.11% | -2.91% | 3.14% | 4.68% | 3.03% | 2.50% | 32.62% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of FISPX is 89, placing it in the top 11% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
FISPX (Federated Hermes Max Cap Index Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Federated Hermes Max Cap Index Fund (FISPX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Federated Hermes Max Cap Index Fund granted a 20.48% dividend yield in the last twelve months. The annual payout for that period amounted to $1.61 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.61 | $1.62 | $1.16 | $1.63 | $2.13 | $1.50 | $4.06 | $3.32 | $2.46 | $2.11 | $1.99 | $1.61 |
Dividend yield | 20.48% | 22.88% | 16.72% | 16.48% | 23.53% | 15.79% | 47.85% | 25.80% | 18.45% | 14.91% | 12.35% | 10.10% |
Monthly Dividends
The table displays the monthly dividend distributions for Federated Hermes Max Cap Index Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.02 | |||||||
| 2023 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $1.55 | $1.62 |
| 2022 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $1.09 | $1.16 |
| 2021 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $1.56 | $1.63 |
| 2020 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $2.03 | $2.13 |
| 2019 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $1.41 | $1.50 |
| 2018 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $3.93 | $4.06 |
| 2017 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $3.16 | $3.32 |
| 2016 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $2.28 | $2.46 |
| 2015 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $1.91 | $2.11 |
| 2014 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $1.80 | $1.99 |
| 2013 | $0.06 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $1.43 | $1.61 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Federated Hermes Max Cap Index Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Federated Hermes Max Cap Index Fund was 54.64%, occurring on Mar 9, 2009. Recovery took 764 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -54.64% | Oct 10, 2007 | 354 | Mar 9, 2009 | 764 | Mar 19, 2012 | 1118 |
| -47.96% | Mar 27, 2000 | 634 | Oct 9, 2002 | 1036 | Nov 21, 2006 | 1670 |
| -33.8% | Feb 20, 2020 | 23 | Mar 23, 2020 | 97 | Aug 10, 2020 | 120 |
| -24.77% | Jan 4, 2022 | 195 | Oct 12, 2022 | 294 | Dec 13, 2023 | 489 |
| -19.21% | Jul 20, 1998 | 31 | Aug 31, 1998 | 64 | Nov 27, 1998 | 95 |
Volatility
Volatility Chart
The current Federated Hermes Max Cap Index Fund volatility is 3.52%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.