Federated Hermes MDT Balanced Fund (QIBGX)
The fund may invest in a wide variety of investments such as equity securities, fixed-income securities, foreign securities, exchange-traded funds (ETFs) and derivative and hybrid instruments. Its investment adviser ("Adviser") anticipates investing approximately 60% of the fund's assets in equity securities and 40% of the fund's assets in fixed-income securities and other investments. The Adviser may vary this allocation +/-20% depending upon its economic and market outlook as well as a result of the identification of favorable investment opportunities.
Fund Info
US31421R8253
31421R825
Sep 30, 2002
$1,000,000
Large-Cap
Blend
Expense Ratio
QIBGX has a high expense ratio of 1.06%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Federated Hermes MDT Balanced 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 MDT Balanced Fund had a return of 4.32% year-to-date (YTD) and 8.79% in the last 12 months. Over the past 10 years, Federated Hermes MDT Balanced Fund had an annualized return of 4.19%, while the S&P 500 had an annualized return of 11.31%, indicating that Federated Hermes MDT Balanced Fund did not perform as well as the benchmark.
QIBGX
4.32%
2.49%
-1.51%
8.79%
4.19%
4.19%
^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of QIBGX, 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 | 3.19% | 4.32% | |||||||||||
| 2024 | 1.34% | 3.48% | 3.03% | -3.82% | 4.06% | 1.56% | 1.63% | 2.71% | 1.65% | -0.81% | 4.47% | -10.99% | 7.50% |
| 2023 | 6.13% | -2.42% | 1.08% | 0.16% | -1.38% | 3.67% | 2.03% | -1.99% | -3.33% | -2.26% | 7.54% | 4.91% | 14.27% |
| 2022 | -4.65% | -1.85% | 1.59% | -6.17% | 0.46% | -6.29% | 5.70% | -2.90% | -5.81% | 3.89% | 5.56% | -8.39% | -18.43% |
| 2021 | -0.53% | 1.16% | 2.29% | 3.78% | 1.44% | 1.51% | 1.66% | 2.10% | -3.49% | 4.32% | -1.17% | -5.55% | 7.29% |
| 2020 | 0.11% | -5.23% | -9.97% | 9.82% | 3.76% | 3.18% | 4.63% | 2.80% | -2.72% | -1.32% | 8.14% | -0.27% | 11.82% |
| 2019 | 6.21% | 2.92% | 1.06% | 2.21% | -3.51% | 4.58% | 0.37% | -0.48% | 0.48% | 0.80% | 1.85% | -1.47% | 15.69% |
| 2018 | 3.96% | -2.47% | -0.32% | -0.05% | 1.96% | 0.10% | 2.03% | 2.49% | 0.10% | -5.96% | 1.06% | -13.05% | -10.81% |
| 2017 | 1.20% | 2.26% | -0.06% | 0.87% | -0.00% | 0.69% | 1.89% | 0.17% | 2.13% | 1.76% | 1.89% | 0.51% | 14.12% |
| 2016 | -4.23% | 0.40% | 4.40% | 0.31% | 0.25% | 0.31% | 3.37% | 0.24% | 0.12% | -1.68% | 2.20% | 1.32% | 6.95% |
| 2015 | -1.21% | 3.62% | -0.18% | -0.41% | 1.07% | -1.71% | 1.14% | -4.27% | -1.98% | 3.66% | 0.00% | -1.86% | -2.39% |
| 2014 | -1.95% | 3.79% | 0.96% | 0.38% | 1.71% | 1.30% | -1.23% | 2.79% | -2.05% | 1.48% | 1.46% | 0.13% | 8.94% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of QIBGX is 33, indicating average performance compared to other mutual funds on our website. Here’s 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 MDT Balanced Fund (QIBGX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Federated Hermes MDT Balanced Fund provided a 1.61% dividend yield over the last twelve months, with an annual payout of $0.36 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.36 | $0.36 | $0.37 | $0.14 | $0.18 | $0.11 | $0.28 | $0.23 | $0.30 | $0.31 | $0.28 | $0.22 |
Dividend yield | 1.61% | 1.68% | 1.82% | 0.76% | 0.80% | 0.54% | 1.48% | 1.40% | 1.59% | 1.87% | 1.76% | 1.36% |
Monthly Dividends
The table displays the monthly dividend distributions for Federated Hermes MDT Balanced 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 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.36 | $0.36 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.37 | $0.37 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.14 | $0.14 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.18 | $0.18 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.11 | $0.11 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.28 | $0.28 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.23 | $0.23 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.30 | $0.30 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.31 | $0.31 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.28 | $0.28 |
| 2014 | $0.22 | $0.22 |
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 MDT Balanced 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 MDT Balanced Fund was 44.36%, occurring on Mar 9, 2009. Recovery took 974 trading sessions.
The current Federated Hermes MDT Balanced Fund drawdown is 7.90%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -44.36% | Oct 10, 2007 | 354 | Mar 9, 2009 | 974 | Jan 22, 2013 | 1328 |
| -27.25% | Aug 30, 2018 | 392 | Mar 23, 2020 | 89 | Jul 29, 2020 | 481 |
| -25.99% | Nov 10, 2021 | 285 | Dec 28, 2022 | 450 | Oct 14, 2024 | 735 |
| -13.38% | May 19, 2015 | 186 | Feb 11, 2016 | 200 | Nov 25, 2016 | 386 |
| -12.29% | Dec 9, 2024 | 22 | Jan 10, 2025 | — | — | — |
Volatility
Volatility Chart
The current Federated Hermes MDT Balanced Fund volatility is 2.18%, 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.