B
Federated Hermes MDT Market Neutral Fund Institutional Shares QQMNX
NASDAQ
Recommendation
NAV
Total Assets
Dividend Yield
Turnover Ratio
Expense Ratio
Weiss Ratings QQMNX-NASDAQ Click to
Compare
Click to
Compare
Click to
Compare
Rating B
Reward Index Fair
Reward Grade C+
Risk Index Good
Risk Grade B
Company Info QQMNX-NASDAQ Click to
Compare
Click to
Compare
Click to
Compare
Provider Federated
Manager/Tenure (Years) Frederick L. Konopka (4), John Paul Lewicke (4), Daniel J. Mahr (4), 1 other
Website http://www.federatedinvestors.com
Fund Information QQMNX-NASDAQ Click to
Compare
Click to
Compare
Click to
Compare
Fund Name Federated Hermes MDT Market Neutral Fund Institutional Shares
Category Equity Market Neutral
Sub-Category Market Neutral
Prospectus Objective Growth
Inception Date Sep 30, 2008
Open/Closed To New Investors Open
Minimum Initial Investment 1,000,000.00
Minimum Subsequent Investment 100.00
Front End Fee --
Back End Fee --
Dividends and Shares QQMNX-NASDAQ Click to
Compare
Click to
Compare
Click to
Compare
Dividend Yield 1.72%
Dividend QQMNX-NASDAQ Click to
Compare
Click to
Compare
Click to
Compare
Dividend Yield (Forward) 0.94%
Asset Allocation QQMNX-NASDAQ Click to
Compare
Click to
Compare
Click to
Compare
Cash 83.36%
Stock 5.89%
U.S. Stock 5.98%
Non-U.S. Stock -0.09%
Bond 0.00%
U.S. Bond 0.00%
Non-U.S. Bond 0.00%
Preferred 0.00%
Convertible 0.00%
Other Net 10.75%
Price History QQMNX-NASDAQ Click to
Compare
Click to
Compare
Click to
Compare
7-Day Total Return 0.31%
30-Day Total Return 1.82%
60-Day Total Return 1.45%
90-Day Total Return 3.88%
Year to Date Total Return 1.45%
1-Year Total Return 9.55%
2-Year Total Return 22.28%
3-Year Total Return 31.77%
5-Year Total Return 83.99%
Price QQMNX-NASDAQ Click to
Compare
Click to
Compare
Click to
Compare
Closing Price --
1-Month Low Price --
1-Month High Price --
52-Week Low Price --
52-Week Low Price (Date) --
52-Week High Price --
52-Week High Price (Date) --
NAV QQMNX-NASDAQ Click to
Compare
Click to
Compare
Click to
Compare
Nav $22.29
1-Month Low NAV $21.84
1-Month High NAV $22.35
52-Week Low NAV $20.60
52-Week Low NAV (Date) Mar 13, 2025
52-Week High NAV $22.46
52-Week High Price (Date) Dec 19, 2025
Beta / Standard Deviation QQMNX-NASDAQ Click to
Compare
Click to
Compare
Click to
Compare
Beta -0.03
Standard Deviation 5.57
Balance Sheet QQMNX-NASDAQ Click to
Compare
Click to
Compare
Click to
Compare
Total Assets 2.10B
Operating Ratios QQMNX-NASDAQ Click to
Compare
Click to
Compare
Click to
Compare
Expense Ratio 2.11%
Turnover Ratio 62.00%
Performance QQMNX-NASDAQ Click to
Compare
Click to
Compare
Click to
Compare
Last Bull Market Total Return 9.84%
Last Bear Market Total Return 4.24%