Federated Hermes achieves shareholder approval related to the Federated Hermes MDT Large Cap Growth ETF
Change in Fund Classification: Federated Hermes MDT Large Cap Growth ETF has received approval to change from a diversified to a non-diversified company, effective September 16, 2024, allowing for greater flexibility in investment strategies.
Investment Strategy Overview: The fund primarily invests in large-cap U.S. companies with high growth potential, utilizing an actively managed approach while not being designed to track the Russell 1000® Growth Index directly.
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Introduction of Enhanced Income ETF: Federated Hermes has launched the Enhanced Income ETF (CBOE: PAYR), aimed at providing consistent monthly cash flow and capital appreciation through high-dividend-paying stocks and an options overlay strategy.
Target Audience and Management Team: The ETF is designed for income-oriented investors, particularly those nearing retirement, and is managed by experienced investment teams from Federated Hermes, emphasizing risk management and diversification.
New ETF Launch: Federated Hermes has introduced the Federated Hermes MDT Market Neutral ETF, aiming for long-term capital appreciation while minimizing stock market risk, leveraging three decades of experience from its MDT investment team.
Investment Strategy: The ETF employs a quantitative model to manage long and short positions primarily within the Russell 3000® Index, targeting returns that are uncorrelated to market movements, and is managed by a team of experienced professionals.

Change in Fund Classification: Federated Hermes MDT Large Cap Growth ETF has received approval to change from a diversified to a non-diversified company, effective September 16, 2024, allowing for greater flexibility in investment strategies.
Investment Strategy Overview: The fund primarily invests in large-cap U.S. companies with high growth potential, utilizing an actively managed approach while not being designed to track the Russell 1000® Growth Index directly.





