Key stats
Details
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Inception date
Jul 31, 2024
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Federated MDTA LLC
Distributor
Federated Securities Corp.
ISIN
US31423L8000
CUSIP
31423L800
FIGI
BBG01NKB1C49
Identifiers
ISIN US31423L8000
FLCG aims for long-term capital appreciation by investing mainly in common stocks of large-cap US companies featured in the Russell 1000 Growth Index, which consists of companies with higher price-to-book ratios and forecasted growth values. The Fund's strategy may also include investments in real estate investment trusts (REITs). FLCG employs a quantitative model integrating both fundamental and technical factors to guide stock selection, aiming to maintain strict discipline, avoiding market or manager biases. This model considers trading costs to ensure trade is profitable after expenses. The Fund allocates most of its net assets to a mix of large-cap and growth investments and uses diversification to manage risk. While the Fund doesn't aim to replicate the Russell 1000 Growth Index, it is actively managed to enhance annual returns while balancing risk. Active trading may increase portfolio turnover and related costs, which may affect performance.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Technology Services
Stocks99.32%
Electronic Technology41.40%
Technology Services29.57%
Producer Manufacturing6.65%
Health Technology5.39%
Consumer Durables3.12%
Consumer Services2.64%
Finance2.56%
Commercial Services2.51%
Retail Trade2.43%
Consumer Non-Durables0.95%
Industrial Services0.76%
Transportation0.65%
Non-Energy Minerals0.63%
Process Industries0.07%
Bonds, Cash & Other0.68%
Mutual fund0.68%
Breakdown by region
North America98.83%
Europe0.88%
Latin America0.29%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently asked questions
FLCG invests in stocks. The fund's major sectors are Electronic Technology, with 41.40% stocks, and Technology Services, with 29.57% of the basket. The assets are mostly located in the North America region.
FLCG top holdings are NVIDIA Corporation and Alphabet Inc. Class A, occupying 13.36% and 11.67% of the portfolio correspondingly.
FLCG last dividends amounted to 0.02 USD. The year before, the issuer paid 0.02 USD in dividends, which shows a 11.46% decrease.
FLCG assets under management is 568.30 M USD. It's risen 0.07% over the last month.
FLCG fund flows account for 309.11 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, FLCG pays dividends to its holders with the dividend yield of 0.05%. The last dividend (Jan 2, 2026) amounted to 0.02 USD. The dividends are paid annually.
FLCG shares are issued by Federated Hermes, Inc. under the brand Federated Hermes. The ETF was launched on Jul 31, 2024, and its management style is Active.
FLCG expense ratio is 0.39% meaning you'd have to pay 0.39% of your investment to help manage the fund.
FLCG follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FLCG invests in stocks.
FLCG price has risen by 1.00% over the last month, and its yearly performance shows a 4.74% increase. See more dynamics on FLCG price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.21% over the last month, showed a 0.39% increase in three-month performance and has increased by 6.96% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.21% over the last month, showed a 0.39% increase in three-month performance and has increased by 6.96% in a year.
FLCG trades at a premium (0.09%) meaning the ETF is trading at a higher price than the calculated NAV.