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Federated Hermes MDT Large Cap Growth ETF

FLCG is actively managed, investing primarily in large-cap US companies with higher forecasted growth values that are within the Russell 1000 Growth Index. The fund aims for capital growth, utilizing a quantitative model focused on maximizing returns and risk management.

Federated Hermes

PITTSBURGH , Aug. 23, 2024 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active investing, today announced that the Federated Hermes ETF Trust, on behalf of its portfolio, Federated Hermes MDT Large Cap Growth ETF (NYSE: FLCG), which seeks long-term capital appreciation by investing primarily in common stocks of large capitalization (large-cap) U.S. companies with higher forecasted growth values relative to the market, has obtained approval by majority shareholder consent action to change from a diversified company to a non-diversified company.  The change was approved by written consent in lieu of a shareholder meeting and no proxy or solicitation was necessary.

Federated Hermes achieves shareholder approval related to the Federated Hermes MDT Large Cap Growth ETF

PITTSBURGH , Aug. 9, 2024 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active investing, today announced that the Board of Trustees of Federated Hermes ETF Trust, on behalf of its portfolio, Federated Hermes MDT Large Cap Growth ETF (NYSE: FLCG), has approved a change in the fundamental policy with respect to diversification, changing from a diversified company to a non-diversified company, subject to shareholder approval. The Board of Trustees also established Aug. 19, 2024, as the record date for majority shareholder consent action to be determined on Aug. 23, 2024.

Federated Hermes seeking shareholder approval related to the Federated Hermes MDT Large Cap Growth ETF

Federated Hermes US Strategic Dividend ETF

Federated Hermes MDT Large Cap Core ETF

Federated Hermes MDT Large Cap Value ETF

Federated Hermes MDT Small Cap Core ETF

As active ETFs continue to mature, more and more firms are entering the space with renewed vigor. Active strategies offer real advantages as a “plus” option on top of a core, passive allocation, while also providing a landing spot for many investors' active mutual fund assets.

News for Federated Hermes MDT Large Cap Growth ETF ETF (FLCG)