FMXKX Performance — Federated Hermes Max-Cap Index Fund, Class R
Data updated: 2026-09-23
FMXKX returned +9.69% year to date and +18.88% over one year to Jul 2026. Annualised returns are +18.28% over 3 years and +11.75% over 5 years. The fund beat its US Large Blend category average: $100 invested three years ago grew to $165, against $153 for the category, and to $119 over one year, against $116. Volatility over the past three years was 13.12% a year. In the 12 months to Jul 2026 the fund took in a net $13.8M, and assets reached $283.52M.
FMXKX Growth of $100
What $100 invested in Federated Hermes Max-Cap Index Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Blend category average over the same months.
| Period | FMXKX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $119 | $116 |
| 3 years (Aug 2023 – Jul 2026) | $165 | $153 |
| 5 years (Aug 2021 – Jul 2026) | $174 | $159 |
| Since data start (Aug 2019 – Jul 2026) | $260 | $226 |
FMXKX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +9.69% |
| 1 year | +18.88% |
| 3 years (annualised) | +18.28% |
| 5 years (annualised) | +11.75% |
FMXKX Annual Returns
Calendar-year total returns of Federated Hermes Max-Cap Index Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +9.69% |
| 2025 | +16.78% |
| 2024 | +23.75% |
| 2023 | +25.15% |
| 2022 | −19.18% |
| 2021 | +27.42% |
| 2020 | +17.13% |
| 2019 (Aug–Dec) | +8.72% |
FMXKX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +1.4% | −0.9% | −5.0% | +10.4% | +5.3% | −1.2% | +0.1% | — | — | — | — | — |
| 2025 | +2.7% | −1.4% | −5.8% | −0.8% | +6.2% | +5.0% | +2.2% | +2.1% | +3.5% | +2.2% | +0.2% | +0.1% |
| 2024 | +1.6% | +5.2% | +3.1% | −4.3% | +4.9% | +3.5% | +1.0% | +2.3% | +2.2% | −1.0% | +5.8% | −2.5% |
| 2023 | +6.1% | −2.5% | +3.7% | +1.4% | +0.4% | +6.5% | +3.1% | −1.6% | −4.8% | −2.3% | +9.2% | +4.5% |
| 2022 | −5.2% | −3.1% | +3.6% | −8.8% | +0.1% | −8.5% | +9.0% | −4.1% | −9.3% | +8.0% | +5.5% | −6.0% |
| 2021 | −1.0% | +2.6% | +4.5% | +5.1% | +0.6% | +2.2% | +2.2% | +2.9% | −4.7% | +6.9% | −0.7% | +4.4% |
| 2020 | −0.1% | −8.3% | −12.5% | +12.9% | +4.5% | +2.0% | +5.6% | +7.1% | −3.9% | −2.8% | +10.9% | +3.6% |
| 2019 | — | — | — | — | — | — | — | −1.7% | +1.9% | +2.0% | +3.5% | +2.8% |
FMXKX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 13.12%
- 3-year Sharpe ratio: 1.05 (vs 4.5% risk-free rate)
- Best month: +10.38% (Apr 2026)
- Worst month: −5.76% (Mar 2025)
FMXKX Fund Flows
Monthly money in and out of Federated Hermes Max-Cap Index Fund, from SEC Form N-PORT.
- 12-month net flow: $13.8M
- 12-month gross sales (incl. reinvestments): $59.9M
- Sales ÷ redemptions: 1.30×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $3.5M | $3.4M | $95K |
| Jun 2026 | $2.9M | $3.2M | −$305K |
| May 2026 | $3.4M | $3.1M | $232K |
| Apr 2026 | $4.8M | $2.9M | $2.0M |
| Mar 2026 | $3.3M | $2.8M | $540K |
| Feb 2026 | $2.5M | $3.2M | −$734K |
| Jan 2026 | $1.7M | $5.5M | −$3.7M |
| Dec 2025 | $21.0M | $4.6M | $16.4M |
| Nov 2025 | $3.5M | $2.3M | $1.2M |
| Oct 2025 | $6.3M | $5.7M | $560K |
| Sep 2025 | $2.7M | $7.2M | −$4.5M |
| Aug 2025 | $4.3M | $2.3M | $2.0M |
FMXKX Assets Under Management
Net assets of Federated Hermes Max-Cap Index Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $283.52M |
| 2026-04-30 | $272.38M |
| 2026-01-31 | $260.06M |
| 2025-10-31 | $260.17M |
| 2025-07-31 | $242.80M |
| 2025-04-30 | $216.99M |
| 2025-01-31 | $236.93M |
| 2024-10-31 | $229.39M |
| 2024-07-31 | $225.96M |
| 2024-04-30 | $210.24M |
| 2024-01-31 | $207.19M |
| 2023-10-31 | $187.35M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.