Federated Hermes Mid Cap Index Fund (FMDCX)
The fund normally invests its assets primarily in common stocks included in the Standard & Poor's MidCap 400 Index. The index is a broad-based market capitalization-weighted index of common stocks representing all major industries in the mid-range of the U.S. stock market. It may invest in derivatives contracts (such as, for example, futures contracts) to implement its investment strategies.
Fund Info
US31420E2054
31420E205
Nov 5, 1992
$1,000,000
Mid-Cap
Blend
Expense Ratio
FMDCX features an expense ratio of 0.57%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Federated Hermes Mid 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 Mid Cap Index Fund had a return of 3.43% year-to-date (YTD) and 1.17% in the last 12 months. Over the past 10 years, Federated Hermes Mid Cap Index Fund had an annualized return of -4.73%, while the S&P 500 had an annualized return of 11.29%, indicating that Federated Hermes Mid Cap Index Fund did not perform as well as the benchmark.
FMDCX
3.43%
-0.31%
-5.51%
1.17%
-3.80%
-4.73%
^GSPC (Benchmark)
4.22%
2.22%
9.51%
22.46%
12.74%
11.29%
Monthly Returns
The table below presents the monthly returns of FMDCX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 3.76% | 3.43% | |||||||||||
| 2024 | -1.60% | 5.92% | 5.62% | -6.06% | 4.28% | -1.66% | 5.75% | -0.11% | 1.16% | -0.80% | 8.65% | -18.37% | -0.31% |
| 2023 | 9.24% | -1.82% | -3.19% | -0.90% | -3.11% | 9.13% | 4.11% | -2.89% | -5.28% | -5.39% | 8.68% | -1.98% | 5.00% |
| 2022 | -7.25% | 1.05% | 1.27% | -7.11% | 0.70% | -9.72% | 10.74% | -3.29% | -9.16% | 10.53% | 6.01% | -14.99% | -22.34% |
| 2021 | 1.40% | 6.79% | 4.74% | 4.57% | 0.18% | -1.15% | 0.40% | 2.02% | -4.03% | 5.89% | -2.93% | -13.94% | 2.12% |
| 2020 | -2.62% | -9.56% | -20.15% | 14.09% | 7.25% | 1.22% | 4.65% | 3.33% | -3.19% | 2.06% | 14.10% | -7.57% | -1.86% |
| 2019 | 10.35% | 4.28% | -0.67% | 3.94% | -8.01% | 7.55% | 1.17% | -4.28% | 2.98% | 1.12% | 3.00% | -6.41% | 14.25% |
| 2018 | 2.93% | -4.50% | 0.88% | -0.25% | 4.16% | 0.35% | 1.70% | 3.22% | -1.15% | -9.64% | 2.99% | -27.65% | -27.77% |
| 2017 | 1.64% | 2.55% | -0.42% | 0.81% | -0.50% | 1.52% | 0.87% | -1.62% | 3.83% | 2.28% | 3.64% | -14.18% | -0.93% |
| 2016 | -5.67% | 1.32% | 8.41% | 1.21% | 2.22% | 0.30% | 4.26% | 0.54% | -0.65% | -2.75% | 7.99% | -7.47% | 8.81% |
| 2015 | -1.10% | 5.07% | 1.30% | -1.57% | 1.77% | -1.34% | 0.14% | -5.65% | -3.20% | 5.54% | 1.36% | -15.50% | -13.99% |
| 2014 | -2.13% | 4.84% | 0.37% | -1.55% | 1.71% | 4.07% | -4.29% | 5.05% | -4.57% | 3.53% | 1.77% | -8.19% | -0.38% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FMDCX is 7, meaning it’s performing worse than 93% of other mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Federated Hermes Mid Cap Index Fund (FMDCX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Federated Hermes Mid Cap Index Fund provided a 1.01% dividend yield over the last twelve months, with an annual payout of $0.16 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.16 | $0.16 | $0.17 | $0.17 | $0.13 | $0.15 | $0.23 | $0.24 | $0.19 | $0.28 | $0.25 | $0.27 |
Dividend yield | 1.01% | 1.04% | 1.10% | 1.13% | 0.68% | 0.78% | 1.14% | 1.34% | 0.78% | 1.11% | 1.06% | 0.99% |
Monthly Dividends
The table displays the monthly dividend distributions for Federated Hermes Mid 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | ||||||||||
| 2024 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.06 | $0.16 |
| 2023 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.07 | $0.17 |
| 2022 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.09 | $0.17 |
| 2021 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.07 | $0.13 |
| 2020 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.06 | $0.15 |
| 2019 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.08 | $0.23 |
| 2018 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.08 | $0.24 |
| 2017 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.09 | $0.19 |
| 2016 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.10 | $0.28 |
| 2015 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.09 | $0.25 |
| 2014 | $0.06 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.10 | $0.27 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Federated Hermes Mid 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 Mid Cap Index Fund was 61.88%, occurring on Mar 9, 2009. Recovery took 990 trading sessions.
The current Federated Hermes Mid Cap Index Fund drawdown is 41.29%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -61.88% | Jul 16, 2007 | 415 | Mar 9, 2009 | 990 | Feb 13, 2013 | 1405 |
| -58.73% | Nov 28, 2014 | 1337 | Mar 23, 2020 | — | — | — |
| -40.75% | Sep 8, 2000 | 520 | Oct 9, 2002 | 526 | Nov 11, 2004 | 1046 |
| -27.29% | Apr 23, 1998 | 121 | Oct 8, 1998 | 199 | Jul 14, 1999 | 320 |
| -16.07% | Nov 19, 1999 | 18 | Dec 14, 1999 | 69 | Mar 22, 2000 | 87 |
Volatility
Volatility Chart
The current Federated Hermes Mid Cap Index Fund volatility is 3.72%, 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.