- ISIN
- US31421R8253
- CUSIP
- 31421R825
- Issuer
- Federated
- Inception Date
- Sep 30, 2002
- Category
- Diversified Portfolio
- Min. Investment
- $1,000,000
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
QIBGX Performance Chart
Federated Hermes MDT Balanced Fund (QIBGX) is up 4.9% since the beginning of the year. QIBGX is currently trading at $24 per share. Investors who bought $1,000 worth of QIBGX shares 5 years ago would now be looking at an investment worth $1,659.
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Returns By Period
Federated Hermes MDT Balanced Fund (QIBGX) has returned 4.91% so far this year and 15.37% over the past 12 months. Over the last ten years, QIBGX has returned 11.23% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Federated Hermes MDT Balanced Fund
- 1D
- 0.81%
- 1M
- 0.51%
- YTD
- 4.91%
- 6M
- 4.96%
- 1Y
- 15.37%
- 3Y*
- 18.18%
- 5Y*
- 10.65%
- 10Y*
- 11.23%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
QIBGX Monthly Returns History
Based on dividend-adjusted daily data since Jan 2, 2003, QIBGX's average daily return is +0.04%, while the average monthly return is +0.73%. At this rate, an investment would double in approximately 7.9 years.
Historically, 70% of months were positive and 30% were negative. The best month was Apr 2020 with a return of +9.8%, while the worst month was Oct 2008 at -15.3%. The longest winning streak lasted 13 consecutive months, and the longest losing streak was 5 months.
On a daily basis, QIBGX closed higher 52% of trading days. The best single day was Dec 12, 2024 with a return of +19.8%, while the worst single day was Dec 13, 2024 at -8.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.58% | 0.80% | -4.23% | 6.53% | 1.94% | -0.51% | 4.91% | ||||||
| 2025 | 3.62% | -1.72% | -2.17% | 0.33% | 3.67% | 3.35% | 1.58% | 1.47% | 1.23% | 0.71% | 0.67% | 1.22% | 14.68% |
| 2024 | 1.34% | 3.48% | 3.03% | -3.82% | 4.06% | 1.56% | 1.63% | 2.71% | 1.65% | -0.81% | 4.47% | 6.24% | 28.30% |
| 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% | 14.26% |
| 2022 | -4.65% | -1.85% | 1.59% | -6.17% | 0.46% | -6.29% | 5.70% | -2.90% | -5.81% | 3.89% | 5.56% | -2.89% | -13.54% |
| 2021 | -0.53% | 1.16% | 2.29% | 3.78% | 1.44% | 1.51% | 1.66% | 2.10% | -3.49% | 4.32% | -1.17% | 3.38% | 17.43% |
Benchmark Metrics
Federated Hermes MDT Balanced Fund has an annualized alpha of 2.40%, beta of 0.62, and R2 of 0.73 versus S&P 500 Index. Calculated based on daily prices since January 02, 2003.
- This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (71.07%) than losses (70.27%) - typical of diversified or defensive assets.
- This fund generated an annualized alpha of 2.40% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Beta of 0.62 indicates this fund moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- 2.40%
- Beta
- 0.62
- R²
- 0.73
- Upside Capture
- 71.07%
- Downside Capture
- 70.27%
Expense Ratio
QIBGX has a high expense ratio of 1.06%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
QIBGX ranks 22 for risk / return — below 22% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Federated Hermes MDT Balanced Fund (QIBGX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| QIBGX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.94 | ||
| Sortino ratioReturn per unit of downside risk | -1.11 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.37 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.37 | 2.78 | -1.41 |
| Martin ratioReturn relative to average drawdown | 3.56 | 12.44 | -8.87 |
Dividends
Dividend History
Federated Hermes MDT Balanced Fund provided a 8.44% dividend yield over the last twelve months, with an annual payout of $1.98 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.98 | $1.98 | $4.29 | $0.37 | $1.24 | $2.21 | $0.91 | $0.81 | $1.74 | $0.30 | $0.31 | $0.28 |
Dividend yield | 8.44% | 8.86% | 20.13% | 1.82% | 6.92% | 9.99% | 4.36% | 4.33% | 10.60% | 1.59% | 1.86% | 1.75% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.98 | $1.98 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.29 | $4.29 |
| 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 | $1.24 | $1.24 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.21 | $2.21 |
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.
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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 42.95%, occurring on Mar 9, 2009. Recovery took 962 trading sessions.
The current Federated Hermes MDT Balanced Fund drawdown is 2.01%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -42.95%Mar 2009 | 1y 5mo | 3y 10mo | 5y 2moOct 2007 - Jan 2013 |
COVID crash2020 | -25.97%Mar 2020 | 1mo 2d | 2mo 17d | 3mo 19dFeb 2020 - Jun 2020 |
Bear market2022 | -19.32%Sep 2022 | 9mo 1d | 1y 4mo | 2y 27dDec 2021 - Jan 2024 |
2025 selloff2025 | -18.25%Apr 2025 | 3mo 27d | 6mo 18d | 10mo 15dDec 2024 - Oct 2025 |
Rate-hike selloffLate 2018 | -13.49%Dec 2018 | 3mo 26d | 3mo 12d | 7mo 8dAug 2018 - Apr 2019 |
Drawdown Indicators
| QIBGX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.95% | -56.78% | +13.83% |
Max Drawdown (1Y)Largest decline over 1 year | -11.09% | -9.10% | -1.99% |
Max Drawdown (3Y)Largest decline over 3 years | -18.25% | -18.90% | +0.65% |
Max Drawdown (5Y)Largest decline over 5 years | -19.32% | -25.43% | +6.11% |
Max Drawdown (10Y)Largest decline over 10 years | -25.97% | -33.92% | +7.95% |
Current DrawdownCurrent decline from peak | -2.01% | -1.80% | -0.21% |
Average DrawdownAverage peak-to-trough decline | -5.58% | -10.71% | +5.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.26% | 2.03% | +2.23% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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