QAMNX
Federated Hermes MDT Market Neutral Fund
Federated Hermes Adviser Series

Allocation breakdown

As of March 31, 2026 · N-PORT

By asset class

By country

By sector

By industry (SIC code)

As of March 31, 2026 · N-PORT

How we map holdings to the sectors above: each holding's issuer carries a U.S. SIC industry code in its EDGAR filer record, and each SIC code rolls up to a sector. Expand a sector to see its industries, and click a SIC code to list this fund's positions in that industry. Bonds and foreign or private issuers with no SEC filer record fall into Unclassified.

Services-Prepackaged Software 8.30%
Electronic & Other Electrical Equipment (No Computer Equip) 3.88%
Semiconductors & Related Devices 2.54%
Services-Computer Processing & Data Preparation 2.44%
Services-Computer Programming, Data Processing, Etc. 2.32%
Electronic Components, NEC 0.84%
Computer Peripheral Equipment, NEC 0.67%
Electronic Computers 0.60%
Computer Storage Devices 0.41%
Services-Computer Integrated Systems Design 0.39%
Laboratory Analytical Instruments 0.25%
Computer Communications Equipment 0.18%
Household Appliances 0.17%
Services-Computer Programming Services 0.15%
Motors & Generators 0.13%
Measuring & Controlling Devices, NEC 0.06%
Office Machines, NEC 0.04%
Radio & Tv Broadcasting & Communications Equipment 0.04%
Miscellaneous Electrical Machinery, Equipment & Supplies 0.04%
Services-Business Services, NEC 6.42%
Retail-Variety Stores 4.56%
Instruments For Meas & Testing of Electricity & Elec Signals 3.07%
Apparel & Other Finishd Prods of Fabrics & Similar Matl 2.15%
Retail-Auto & Home Supply Stores 1.67%
Motor Vehicles & Passenger Car Bodies 0.68%
Retail-Retail Stores, NEC 0.50%
Retail-Auto Dealers & Gasoline Stations 0.31%
Motor Vehicle Parts & Accessories 0.28%
Auto Controls For Regulating Residential & Comml Environments 0.25%
Retail-Eating Places 0.18%
Retail-Catalog & Mail-Order Houses 0.16%
Services-Membership Sports & Recreation Clubs 0.16%
Services-To Dwellings & Other Buildings 0.12%
Men's & Boys' Furnishgs, Work Clothg, & Allied Garments 0.05%
Services-Equipment Rental & Leasing, NEC 0.04%
Services-Amusement & Recreation Services 0.03%
State Commercial Banks 3.30%
Hospital & Medical Service Plans 3.29%
Fire, Marine & Casualty Insurance 3.17%
Security Brokers, Dealers & Flotation Companies 2.74%
Life Insurance 1.44%
Investment Advice 0.55%
Finance Services 0.28%
Personal Credit Institutions 0.09%
Accident & Health Insurance 0.06%
Loan Brokers 0.04%
Insurance Carriers, NEC 0.04%
Pharmaceutical Preparations 4.58%
Biological Products, (No Diagnostic Substances) 2.23%
Orthopedic, Prosthetic & Surgical Appliances & Supplies 0.93%
Surgical & Medical Instruments & Apparatus 0.59%
Services-Medical Laboratories 0.29%
Dental Equipment & Supplies 0.03%
Services-Offices & Clinics of Doctors of Medicine 0.03%
Services-General Medical & Surgical Hospitals, NEC 0.03%
Water Transportation 2.78%
Air Transportation, Scheduled 1.22%
Services-Management Services 1.17%
Services-Commercial Physical & Biological Research 0.53%
Transportation Services 0.50%
Wholesale-Drugs, Proprietaries & Druggists' Sundries 0.47%
Aircraft Parts & Auxiliary Equipment, NEC 0.33%
Services-Management Consulting Services 0.21%
Special Industry Machinery, NEC 0.18%
Miscellaneous Transportation Equipment 0.16%
Wholesale-Computers & Peripheral Equipment & Software 0.16%
Cutlery, Handtools & General Hardware 0.14%
Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip 0.12%
Oil & Gas Field Machinery & Equipment 0.11%
Ship & Boat Building & Repairing 0.09%
Heating Equip, Except Elec & Warm Air; & Plumbing Fixtures 0.08%
Fabricated Structural Metal Products 0.08%
Wholesale-Industrial Machinery & Equipment 0.08%
Wholesale-Lumber, Plywood, Millwork & Wood Panels 0.06%
Services-Testing Laboratories 0.06%
Lumber & Wood Products (No Furniture) 0.03%
Pumps & Pumping Equipment 0.03%
Wholesale-Groceries & Related Products 0.03%
Plastic Material, Synth Resin/Rubber, Cellulos (No Glass) 1.72%
Rubber & Plastics Footwear 1.19%
Perfumes, Cosmetics & Other Toilet Preparations 0.86%
Gold and Silver Ores 0.79%
Primary Production of Aluminum 0.47%
Plastic Materials, Synth Resins & Nonvulcan Elastomers 0.27%
Leather & Leather Products 0.25%
Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens) 0.24%
Metal Mining 0.20%
Agricultural Chemicals 0.20%
Chemicals & Allied Products 0.04%
Footwear, (No Rubber) 0.04%
Glass Products, Made of Purchased Glass 0.03%
Crude Petroleum & Natural Gas 0.80%
Petroleum Refining 0.62%
Oil & Gas Field Services, NEC 0.22%
Drilling Oil & Gas Wells 0.11%
Natural Gas Distribution 0.62%
Natural Gas Transmission 0.44%
Electric & Other Services Combined 0.24%
Electric Services 0.14%
Real Estate Investment Trusts 1.00%
Real Estate 0.10%
Television Broadcasting Stations 0.70%
Radio Broadcasting Stations 0.06%
Agricultural Production-Crops 0.11%
Food and Kindred Products 0.08%
Cigarettes 0.07%
Grain Mill Products 0.04%
Unclassified 11.98%

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