PITTSBURGH, March 31,
2022 /PRNewswire/ -- Federated Hermes, Inc. (NYSE:
FHI), a global leader in active, responsible investing, today
announced that Federated Hermes Kaufmann Small Cap Fund, and
related institutional strategies, will reopen to new investors on
April 18, 2022.
Launched in December 2002, the
fund seeks capital appreciation by investing primarily in the
common stocks of promising small companies identified through
management's rigorous proprietary fundamental research. The fund is
managed by the same team that runs the Federated Hermes Kaufmann
Fund and the Federated Hermes Kaufmann Large Cap Fund.
Federated Hermes now believes the fund and investment strategy
are well-positioned to accept new investors and source investment
opportunities consistent with its investment objectives. There will
be no changes to the fund's current strategy.
The Federated Hermes Kaufmann Small Cap Fund was previously
closed to new investors, effective March 1,
2021, with limited exceptions. Prior to and after
April 18, 2022, the fund's B Shares
will remain closed.
Federated Hermes, Inc. (NYSE: FHI) is a global leader in active,
responsible investment management, with $668.9 billion in assets under management as of
Dec. 31, 2021. We deliver investment
solutions that help investors target a broad range of outcomes and
provide equity, fixed-income, alternative/private markets,
multi-asset and liquidity management strategies to more than 11,000
institutions and intermediaries worldwide. Our clients include
corporations, government entities, insurance companies, foundations
and endowments, banks and broker/dealers. At Federated Hermes,
responsibility is central to our client relationships, our
long-term perspective and our fiduciary mindset. It's part of our
heritage and the foundation of our future. Headquartered in
Pittsburgh, Federated Hermes has
nearly 2,000 employees in London,
New York, Boston and offices worldwide. For more
information, visit FederatedHermes.com.
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International investing involves special risks including
currency risk, increased volatility, political risks, and
differences in auditing and other financial standards.
Investing in IPOs involves special risks such as limited liquidity
and increased volatility.
Small company stocks may be less liquid and subject to greater
price volatility than large capitalization stocks.
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.
Current and future portfolio holdings are
subject to risk.
Not FDIC Insured
May Lose
Value No Bank
Guarantee
Federated Securities Corp., Distributor
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SOURCE Federated Hermes, Inc.