Federated Hermes MDT Small Cap Growth Fund (QASGX) Stock Analysis
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Federated Hermes MDT Small Cap Growth Fund (QASGX) trades at $35.26. Federated Hermes MDT Small Cap Growth Fund (QASGX) focuses on investing in small U. S. Market cap: $630M, Sector: Financial services.
Price as of Aug 21, 2026 · Last analyzed: Mar 18, 2026Analyst Coverage for QASGX: QASGX does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates QASGX against Financial Services peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
Not enough scored data yet to form a council read on QASGX.
How is this calculated? →Federated Hermes MDT Small Cap Growth Fund (QASGX) Financial Services Profile
Federated Hermes MDT Small Cap Growth Fund (QASGX) specializes in small-cap U.S. growth stocks, mirroring the Russell 2000® Growth Index. With a focus on long-term capital appreciation, the fund offers investors exposure to emerging companies within the financial services sector, leveraging Federated Hermes' investment expertise.
What Is the Investment Thesis for QASGX?
Federated Hermes MDT Small Cap Growth Fund (QASGX) presents an investment opportunity for those seeking exposure to the small-cap growth segment of the U.S. equity market. The fund's strategy of mirroring the Russell 2000® Growth Index offers a diversified approach to capturing the potential upside of emerging growth companies. With a beta of 1.38, the fund exhibits higher volatility compared to the broader market, which can translate to higher potential returns during periods of strong small-cap performance. The primary value driver for QASGX is its ability to identify and invest in companies with above-average growth potential within the small-cap universe. Catalysts for growth include continued innovation and expansion within the small-cap sector, as well as favorable macroeconomic conditions that support the growth of smaller businesses. However, potential risks include the higher volatility associated with small-cap stocks and the potential for underperformance relative to the Russell 2000® Growth Index if the fund's stock selection deviates from the index's performance.
Based on FMP financials and quantitative analysis
QASGX Key Highlights
The fund invests primarily in common stock of small U.S. companies, providing exposure to a specific market segment.
- The investment strategy utilizes a small capitalization growth approach, targeting companies with high growth potential.
- The fund selects most of its investments from companies listed in the Russell 2000® Growth Index, aligning its portfolio with a well-known benchmark.
- At least 80% of the fund's net assets are invested in small companies, ensuring a focused approach to small-cap investing.
- The fund has a beta of 1.38, indicating higher volatility compared to the market, which can lead to higher potential returns or losses.
Who Are QASGX's Competitors?
QASGX is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| ALZFX Alger Focus Equity Fund | $121.76 | -0.20% | $616M | 44 |
| BGB Blackstone/GSO Strategic Credit Fund | $11.27 | -0.44% | $503M | 42 |
| BUFTX Buffalo Discovery Fund | $18.73 | -1.42% | $345M | — |
| FLAPX Fidelity Flex Mid Cap Index Fund | $25.81 | -1.07% | $658M | 47 |
| GCVIX Goldman Sachs Large Cap Value Insights Fund | $29.37 | -1.14% | $732M | 44 |
| NCDL Nuveen Churchill Direct Lending Corp. | $12.35 | +0.00% | $610M | 86 |
| SLRC SLR Investment Corp. | $12.58 | -1.18% | $686M | 92 |
| ACGP Associated Capital Group, Inc. | $33.45 | -0.06% | $698M | 67 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are QASGX's Key Strengths?
Alignment with the Russell 2000® Growth Index provides a clear investment strategy.
- Experienced investment team with expertise in small-cap investing.
- Diversified portfolio of small-cap growth stocks.
- Access to Federated Hermes' research and resources.
What Are QASGX's Weaknesses?
Higher volatility compared to the broader market (beta of 1.38).
- Potential for underperformance relative to the Russell 2000® Growth Index.
- Dependence on the performance of the small-cap market.
- No dividend yield.
What Could Drive QASGX Stock Higher?
Potential for increased investor interest in small-cap growth stocks due to economic recovery.
- Technological advancements driving growth in small-cap companies.
- Mergers and acquisitions activity in the small-cap market creating value for investors.
What Are the Key Risks for QASGX?
Economic downturns can negatively impact the performance of small-cap companies.
- Rising interest rates can increase borrowing costs for small-cap companies.
- Higher volatility associated with small-cap stocks.
- Competition from other asset management firms offering similar investment products.
What Are the Growth Opportunities for QASGX?
- Increased Allocation to Small-Cap Growth: As investors seek higher growth potential, an increased allocation to small-cap growth stocks could drive inflows into funds like QASGX. The small-cap market often outperforms during periods of economic expansion, making it an attractive asset class for investors seeking to capitalize on growth opportunities. The market size for small-cap growth investments is substantial, with trillions of dollars invested globally. Timeline: Ongoing.
- Technological Innovation in Small-Cap Companies: Small-cap companies are often at the forefront of technological innovation, driving growth and creating opportunities for investment. Funds like QASGX can benefit from identifying and investing in these innovative companies, capturing the potential upside of disruptive technologies. This includes areas like fintech, biotech, and software. Timeline: Ongoing.
- Expansion into Underserved Markets: Small-cap companies often have the agility to expand into underserved markets, both domestically and internationally. This expansion can drive revenue growth and increase profitability, making these companies attractive investment opportunities. Funds like QASGX can benefit from identifying and investing in companies with strong expansion potential. Timeline: Ongoing.
- Mergers and Acquisitions Activity: The small-cap market is often a hotbed of mergers and acquisitions activity, as larger companies seek to acquire smaller, innovative businesses. Funds like QASGX can benefit from this activity, as their holdings may be acquired at a premium, generating attractive returns for investors. Timeline: Ongoing.
- Increased Retail Investor Participation: Increased retail investor participation in the stock market can drive demand for small-cap growth stocks, benefiting funds like QASGX. The rise of online brokerage platforms and the ease of access to investment information have made it easier for retail investors to participate in the market, driving demand for small-cap growth opportunities. Timeline: Ongoing.
What Are QASGX's Competitive Advantages?
- Established investment process aligned with the Russell 2000® Growth Index.
- Experienced investment team with expertise in small-cap investing.
- Access to Federated Hermes' research and resources.
- Brand recognition and reputation of Federated Hermes.
What Does QASGX Do?
Federated Hermes MDT Small Cap Growth Fund (QASGX) is a financial services entity focused on providing investors with exposure to small-cap U.S. companies exhibiting growth characteristics. The fund's investment strategy is primarily guided by the composition of the Russell 2000® Growth Index, selecting a majority of its investments from companies listed within this index. This approach allows the fund to capture the potential upside of emerging growth companies while maintaining a diversified portfolio within the small-cap segment. The fund's investment mandate requires that at least 80% of its net assets (plus any borrowing for investment purposes) are allocated to investments in small companies. The fund's manager defines a small company as one with a size similar to those listed on the Russell 2000® Growth Index. This ensures that the fund remains focused on its core objective of investing in small-cap growth opportunities. Federated Hermes, the investment adviser, leverages its expertise in asset management to identify and select companies that align with the fund's growth-oriented strategy. By focusing on small-cap companies, QASGX aims to capitalize on the potential for higher growth rates often associated with smaller, emerging businesses. The fund's alignment with the Russell 2000® Growth Index provides a benchmark for its investment decisions, ensuring a consistent and disciplined approach to portfolio construction. The fund offers investors a vehicle to participate in the growth of small U.S. companies, managed by an experienced investment team within the Federated Hermes organization.
What Products and Services Does QASGX Offer?
- Invests primarily in the common stock of small U.S. companies.
- Focuses on companies listed in the Russell 2000® Growth Index.
- Aims for long-term capital appreciation through growth-oriented investments.
- Allocates at least 80% of net assets to small companies.
- Utilizes a small capitalization growth approach in its investment strategy.
- Provides investors with exposure to emerging growth companies in the U.S. market.
How Does QASGX Make Money?
- Generates revenue through management fees charged on assets under management (AUM).
- AUM is driven by investment performance and net inflows from investors.
- Investment decisions are guided by the composition of the Russell 2000® Growth Index.
What Industry Does QASGX Operate In?
The asset management industry is characterized by intense competition and evolving investor preferences. Funds like Federated Hermes MDT Small Cap Growth Fund (QASGX) operate in a market driven by factors such as economic growth, interest rates, and investor sentiment. The small-cap growth segment, in particular, is influenced by the performance of smaller, emerging companies and their ability to innovate and expand. The Russell 2000® Growth Index serves as a key benchmark for this segment, and funds that track or mirror this index aim to provide investors with exposure to this specific market niche. Competitors such as ALZFX, BGB, BUFTX, FLAPX, and GCVIX also offer small-cap growth investment options, contributing to a competitive landscape.
Who Are QASGX's Key Customers?
- Individual investors seeking exposure to small-cap growth stocks.
- Institutional investors looking for diversified small-cap investment options.
- Retirement savers seeking long-term capital appreciation.
QASGX Financials
Bull Case vs Bear Case
Bull Case
- Insider buying activity has increased, signaling confidence from management in the company's future prospects.
- Recent community sentiment has turned positive, with discussions highlighting the fund's strong performance in small cap growth sectors.
- Market perception is shifting towards optimism as small cap stocks are gaining traction amidst economic recovery narratives.
- The fund's diversified portfolio is appealing, especially as investors seek growth opportunities in a volatile market.
Bear Case
- Concerns about market volatility have led to skepticism regarding small cap growth funds, with some investors preferring larger, more stable companies.
- Bearish sentiment has emerged from discussions about potential interest rate hikes, which could negatively impact growth-oriented investments.
- Recent underperformance compared to peers has raised questions about the fund's ability to deliver consistent returns in the current market environment.
- Some community members express caution, citing potential overvaluation in the small cap sector, leading to fears of a market correction.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
QASGX Latest News
No recent news available for QASGX.
QASGX Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for QASGX.
Price Targets
Wall Street price target analysis for QASGX.
QASGX MoonshotScore
What does this score mean?
The MoonshotScore rates QASGX 0-100 on quantitative fundamentals — growth, financial health, valuation, momentum, and risk.
Common Questions About QASGX (Financial Services)
What does Federated Hermes MDT Small Cap Growth Fund do?
Federated Hermes MDT Small Cap Growth Fund (QASGX) is designed to provide investors with exposure to the small-cap growth segment of the U.S. equity market. The fund primarily invests in the common stock of small U.S. companies, with a focus on those listed in the Russell 2000® Growth Index.
What are the main risks for QASGX?
The main risks for Federated Hermes MDT Small Cap Growth Fund (QASGX) are primarily related to the inherent volatility of small-cap stocks and the potential for underperformance relative to its benchmark, the Russell 2000® Growth Index. Small-cap companies are generally more susceptible to economic downturns and market fluctuations than larger, more established companies.
How is Federated Hermes MDT Small Cap Growth Fund adapting to fintech disruption?
Federated Hermes MDT Small Cap Growth Fund, while not a fintech company itself, must adapt to the disruption caused by fintech companies in the broader financial services landscape. The fund likely monitors and assesses the impact of fintech innovations on the small-cap companies it invests in, particularly those in the financial sector.
What regulatory challenges does Federated Hermes MDT Small Cap Growth Fund face?
Federated Hermes MDT Small Cap Growth Fund, as a registered investment company, faces a range of regulatory challenges. These include compliance with the Investment Company Act of 1940, which governs the structure and operations of investment companies, and regulations set forth by the Securities and Exchange Commission (SEC).
What are the key factors to evaluate for QASGX?
Evaluate QASGX on fundamentals, analyst consensus, and risk factors. Federated Hermes MDT Small Cap Growth Fund (QASGX) presents an investment opportunity for those seeking exposure to the small-cap growth segment of the U.S. Not financial advice.
How frequently does QASGX data refresh on this page?
QASGX's price was last updated on Aug 21, 2026 and refreshes on page view during U.S. market hours — it is not a real-time exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven QASGX's recent stock price performance?
Federated Hermes MDT Small Cap Growth Fund (QASGX) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Alignment with the Russell 2000® Growth Index provides a clear investment strategy. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider QASGX overvalued or undervalued right now?
Federated Hermes MDT Small Cap Growth Fund (QASGX) has no trailing P/E available here, so lean on price-to-sales and cash flow in the Financials tab. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- AI analysis pending for QASGX, limiting the depth of insights.
- Financial data is based on available information and may be subject to change.