Federated Hermes MDT Large Cap Value ETF (FLCV)

Federated Hermes MDT Large Cap Value ETF (FLCV) is an actively managed equity exchange-traded fund from Federated Hermes. It seeks capital growth by investing mainly in large U.S. companies with value characteristics.

Federated's MDT team runs the fund with a quantitative, model-driven approach that evaluates companies on a range of fundamental and technical factors. The model is used to identify value stocks it expects to outperform, and the portfolio is built to balance those return forecasts against risk.

The fund is listed on NYSE Arca and is part of the MDT series of quantitative equity ETFs alongside its core and growth counterparts. Holdings commonly include financials, health care, industrials and energy companies.