Description

The Federated Hermes MDT Small Cap Growth Fund Class C Shares aims to generate substantial capital appreciation over an extended period. Its primary investment focus is on the common stock of smaller U.S.-based companies. The fund's investment adviser implements a specific strategy centered on small-capitalization growth, predominantly selecting its holdings from businesses featured in the Russell 2000® Growth Index. A key policy ensures that at least 80% of its total net assets, including any funds borrowed for investment, are consistently allocated to these small company investments. For the purposes of this fund, management defines a "small company" as one with a market capitalization comparable to those found within the Russell 2000® Growth Index.