Federated Hermes MDT Large Cap Growth Fund Class A (QALGX)

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The chart shows the growth of an initial investment of $10,000 in Federated Hermes MDT Large Cap Growth Fund Class A, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Federated Hermes MDT Large Cap Growth Fund Class A (QALGX) has returned -12.44% so far this year and 13.58% over the past 12 months. Looking at the last ten years, QALGX has achieved an annualized return of 17.26%, outperforming the S&P 500 Index benchmark, which averaged 12.16% per year.

Based on dividend-adjusted daily data since Jan 3, 2006, QALGX's average daily return is +0.05%, while the average monthly return is +1.01%. At this rate, your investment would double in approximately 5.7 years.

Historically, 63% of months were positive and 37% were negative. The best month was Apr 2020 with a return of +15.6%, while the worst month was Oct 2008 at -16.9%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 6 months.

On a daily basis, QALGX closed higher 53% of trading days. The best single day was Oct 13, 2008 with a return of +12.6%, while the worst single day was Mar 16, 2020 at -12.0%.

Federated Hermes MDT Large Cap Growth Fund Class A has an annualized alpha of 3.45%, beta of 0.96, and R² of 0.80 versus S&P 500 Index. Calculated based on daily prices since January 04, 2006.

• This fund captured 111.00% of S&P 500 Index gains but only 97.63% of its losses — a favorable profile for investors.
• This fund generated an annualized alpha of 3.45% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
• With beta of 0.96 and R² of 0.80, this fund moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

QALGX has a high expense ratio of 1.00%, indicating above-average management fees.

QALGX ranks 20 for risk / return — in the bottom 20% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

The table below present risk-adjusted performance metrics for Federated Hermes MDT Large Cap Growth Fund Class A (QALGX) and compare them to a chosen benchmark (S&P 500 Index).

Federated Hermes MDT Large Cap Growth Fund Class A provided a 3.91% dividend yield over the last twelve months, with an annual payout of $1.32 per share.

The table displays the monthly dividend distributions for Federated Hermes MDT Large Cap Growth Fund Class A. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the Federated Hermes MDT Large Cap Growth Fund Class A. 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 MDT Large Cap Growth Fund Class A was 53.63%, occurring on Mar 9, 2009. Recovery took 986 trading sessions.

The current Federated Hermes MDT Large Cap Growth Fund Class A drawdown is 15.86%.

The chart below shows the rolling one-month volatility.