FMXSX

About FMXSX

Federated Hermes Max-Cap Index Fund Service Shares is a mutual fund designed to mirror the performance of the S&P 500 Index, one of the most widely recognized benchmarks for large-cap U.S. equities. The fund invests primarily in the common stocks of companies included in this index, providing investors with exposure to a diversified portfolio that represents major sectors of the U.S. economy, such as technology, consumer discretionary, and communication services. Top holdings typically include industry leaders like Apple, NVIDIA, and Microsoft. This fund serves as a core large-cap stock allocation within a diversified investment strategy, offering systematic, passive exposure to the U.S. stock market's largest and most influential corporations. It features quarterly dividend payments and maintains a portfolio that closely matches the risk and return profile of its S&P 500 benchmark, with a portfolio beta of approximately 1.00. By tracking the S&P 500, it provides investors with broad market access and transparency, playing a significant role in long-term portfolio construction for institutional and individual investors alike.