PITTSBURGH, March 6, 2020 /PRNewswire/ -- Federated
Hermes, Inc. (NYSE: FHI), a leading global investment manager,
today announced that the Federated Kaufmann Small Cap Fund earned a
2020 Refinitiv Lipper Fund Award recognizing the fund's
consistently strong risk-adjusted performance relative to its
peers.
Federated Kaufmann Small Cap Fund (IS) earned the Refinitiv
Lipper Fund Award in the United
States, Small-Cap Growth category, ranking best out of 537
funds and 165 portfolios for the three-year period. The fund seeks
capital appreciation by investing primarily in reasonably priced
stocks of small cap companies pursuing pioneering technologies and
services. The fund management team selects stocks through an
intensive, bottom-up process that includes frequent conversations
with key executives and sector experts, regular on-site and
trade-show visits, industry analysis and thorough fundamental
research. Portfolio managers Hans
Utsch, John Ettinger,
Stephen DeNichilo, Barbara Miller, Tom
Brakel, Jonathan Art,
Mark Bauknight, Vivian Wohl and Steven
Abrahamson bring 279 years of combined experience to the
fund.
"We appreciate Lipper's acknowledgment of the commitment,
diligence and skill of the investment professionals who contributed
to the strong performance of this fund," said John B. Fisher, president and chief executive
officer, Federated Advisory Companies. "Federated Kaufmann Small
Cap Fund has earned strong performance through the investment
team's comprehensive sector knowledge, on-the-ground research and
focus on growth." The Federated Kaufmann Small Cap Fund has
$4.7 billion under management. The
same team manages $6.6 billion in
assets in the original Federated Kaufmann Fund and $3.6 billion in the Federated Kaufmann Large Cap
Fund1.
Federated Hermes, Inc. is a leading global investment
manager with $575.9 billion in assets
under management as of Dec. 31, 2019.
Guided by our conviction that responsible investing is the best way
to create wealth over the long term, our investment solutions span
135 equity, fixed-income, alternative/private markets, multi-asset
and liquidity management strategies and a range of separately
managed account strategies. Providing world-class active investment
management and engagement services to more than 11,000 institutions
and intermediaries, our clients include corporations, government
entities, insurance companies, foundations and endowments, banks
and broker/dealers. Headquartered in Pittsburgh, Federated Hermes' more than 1,800
employees include those in London,
New York, Boston and several other offices worldwide.
For more information, visit FederatedHermes.com.
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1Fund assets are as of Feb.
29, 2020.
The Refinitiv Lipper Fund Awards, granted annually, highlight
funds and fund companies that have excelled in delivering
consistently strong risk-adjusted performance relative to their
peers. The Refinitiv Lipper Fund Awards are based on the Lipper
Leader for Consistent Return rating, which is a risk-adjusted
performance measure calculated over 36, 60 and 120 months. The fund
with the highest Lipper Leader for Consistent Return (Effective
Return) value in each eligible classification wins the Refinitiv
Lipper Fund Award. For more information, see lipperfundawards.com
Although Refinitiv Lipper makes reasonable efforts to ensure the
accuracy and reliability of the data contained herein, the accuracy
is not guaranteed by Refinitiv Lipper.
Past performance is no guarantee of future results.
Mutual funds are subject to risks and fluctuate in value.
Investors should carefully consider the fund's investment
objectives, risks, charges and expenses before investing. To obtain
a summary prospectus or prospectus containing this and other
information, contact us or view the prospectus provided on this
website. Please carefully read the summary prospectus or prospectus
before investing.
Small company stocks may be less liquid and subject to greater
price volatility than large capitalization stocks.
Other classes of shares are available whose performance will
vary due to different charges and expenses.
Federated Securities Corp., Distributor
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SOURCE Federated Hermes, Inc.