Sensible Investor

Immutable verification record

Federated Hermes MDT Large Cap Value Fund

Run 363649da-fcfb-4007-87ef-de06de7710ca · portfolio period 2026-04-30 · captured 2026-07-29T14:22:09.616Z

This is the permanent record of what our July 29, 2026 data run computed for Federated Hermes MDT Large Cap Value Fund, and the exact SEC documents every number came from — it exists so anyone can check us.

Current interpretation · methodology 1.5

How to read this prior-run record now

This portfolio genuinely differs from the Russell 1000 Value index (64.9% active share). Its 0.77% fee buys real active management; whether it earned that fee is not something holdings can show.

This interpretation is computed under the current methodology and is not inserted into the immutable record below.

Cite these figures

Each snippet includes the figure’s source-event date and immutable verification URL.

Best-fit active share

Sensible Investor, “Federated Hermes MDT Large Cap Value Fund — best-fit active share,” 64.9% versus the Russell 1000 Value index, fund portfolio as of 2026-04-30; measured against the filed holdings of iShares Russell 1000 Value ETF (IWD), as of 2026-03-31. https://sensible-investor.com/registry/fmstx/as-of/363649da-fcfb-4007-87ef-de06de7710ca

FMSTX filed expense ratio

Sensible Investor, “Federated Hermes MDT Large Cap Value Fund — filed expense ratio,” 0.77% for FMSTX, as of 2025-10-31. https://sensible-investor.com/registry/fmstx/as-of/363649da-fcfb-4007-87ef-de06de7710ca

FMSTX fee per active unit

Sensible Investor, “Federated Hermes MDT Large Cap Value Fund — fee per unit of active management,” 1.19% using the FMSTX expense ratio as of 2025-10-31 and fund portfolio as of 2026-04-30. https://sensible-investor.com/registry/fmstx/as-of/363649da-fcfb-4007-87ef-de06de7710ca

Active share by comparison index

Holdings difference for every comparison calculated in this run.
IndexActive shareHoldings evidenceIdentifier match
the Russell 1000 Value index64.9%measured against the filed holdings of iShares Russell 1000 Value ETF (IWD), as of 2026-03-3191.5%
the S&P 50071.4%measured against the filed holdings of iShares Core S&P 500 ETF (IVV), as of 2026-03-3188.2%
the Russell 1000 index72.5%measured against the filed holdings of iShares Russell 1000 ETF (IWB), as of 2026-03-3197.1%
the total US market73.8%measured against the filed holdings of Vanguard Total Stock Market ETF (VTI), as of 2026-03-31100.0%
the Russell 1000 Growth index86.0%measured against the filed holdings of iShares Russell 1000 Growth ETF (IWF), as of 2026-03-3139.8%
the S&P MidCap 40097.1%measured against the filed holdings of iShares Core S&P Mid-Cap ETF (IJH), as of 2026-03-315.4%
the S&P SmallCap 60099.1%measured against the filed holdings of iShares Core S&P Small-Cap ETF (IJR), as of 2026-03-313.7%
the Russell 2000 index99.5%measured against the filed holdings of iShares Russell 2000 ETF (IWM), as of 2026-03-312.9%

Filed expense ratios by share class

Each fee is tied to its filed SEC source and period.
Share classExpense ratioFiling periodSEC document
FMSTX (Federated Hermes MDT Large Cap Value Fund)0.77%2025-10-31Open SEC expense filing
FSTKX (Federated Hermes MDT Large Cap Value Fund)0.99%2025-10-31Open SEC expense filing
FSTLX (Federated Hermes MDT Large Cap Value Fund)0.70%2025-10-31Open SEC expense filing
FSTRX (Federated Hermes MDT Large Cap Value Fund)0.99%2025-10-31Open SEC expense filing
QCLVX (Federated Hermes MDT Large Cap Value Fund)1.81%2025-10-31Open SEC expense filing
QRLVX (Federated Hermes MDT Large Cap Value Fund)1.44%2025-10-31Open SEC expense filing

Match rates

How much of the fund filing could be matched to comparison holdings. A benchmark proxy is not compared with itself.
Fund identifier match91.5%
the Russell 1000 Value index91.5%
the S&P 50088.2%
the Russell 1000 index97.1%
the total US market100.0%
the Russell 1000 Growth index39.8%
the S&P MidCap 4005.4%
the S&P SmallCap 6003.7%
the Russell 2000 index2.9%

Fee-drag windows

Dollar fee drag from licensed return windows; the lowest-cost control class is omitted rather than compared with itself, and missing history remains explicit.
Share classWindowFee dragWindow dates
FMSTX10 years$19,4742016-07-29 to 2026-07-29
FMSTX20 years$68,9782006-07-31 to 2026-07-29
FMSTX30 yearsproxy history begins 2000 — no full 30-year windowProxy history begins 2000-05-26
FSTKX10 years$24,8902016-07-29 to 2026-07-29
FSTKX20 years$87,2852006-07-31 to 2026-07-29
FSTKX30 yearsproxy history begins 2000 — no full 30-year windowProxy history begins 2000-05-26
FSTLX10 years$17,7302016-07-29 to 2026-07-29
FSTLX20 years$63,0022006-07-31 to 2026-07-29
FSTLX30 yearsproxy history begins 2000 — no full 30-year windowProxy history begins 2000-05-26
FSTRX10 years$24,8902016-07-29 to 2026-07-29
FSTRX20 years$87,2852006-07-31 to 2026-07-29
FSTRX30 yearsproxy history begins 2000 — no full 30-year windowProxy history begins 2000-05-26
QCLVX10 years$44,2432016-07-29 to 2026-07-29
QCLVX20 years$149,5812006-07-31 to 2026-07-29
QCLVX30 yearsproxy history begins 2000 — no full 30-year windowProxy history begins 2000-05-26
QRLVX10 years$35,6712016-07-29 to 2026-07-29
QRLVX20 years$122,5892006-07-31 to 2026-07-29
QRLVX30 yearsproxy history begins 2000 — no full 30-year windowProxy history begins 2000-05-26

Check it yourself

  1. Open the fund’s linked SEC holdings filing and, for fees, the linked SEC expense filing in the table above.
  2. Find each security identifier and portfolio weight in the holdings filing, and the net annual operating expense for the relevant share class in its expense filing.
  3. Recalculate the comparison using the active-share formula and portfolio rules.
Raw record (JSON)

Download this record as JSON

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