United States
Securities and Exchange Commission
Washington, D.C. 20549
Form N-CSR
Certified Shareholder Report of Registered Management Investment Companies
811-6061
(Investment Company Act File Number)
Federated Hermes Index Trust
______________________________________________________________
(Exact Name of Registrant as Specified in Charter)
Federated Hermes Funds
4000 Ericsson Drive
Warrendale, PA 15086-7561
(Address of Principal Executive Offices)
(412) 288-1900
(Registrant's Telephone Number)
Peter J. Germain, Esquire
1001 Liberty Avenue
Pittsburgh, Pennsylvania 15222-3779
(Name and Address of Agent for Service)
(Notices should be sent to the Agent for Service)
Date of Fiscal Year End: 10/31/21
Date of Reporting Period: Six months ended 04/30/21
Item 1. Reports to Stockholders
Share Class | Ticker | Institutional | FMCRX | Service | FMDCX | R6 | FMCLX |
Federated Hermes Mid-Cap Index Fund
A Portfolio of Federated Hermes Index Trust
Sector Composition | Percentage of Total Net Assets |
Industrials | 18.0% |
Financials | 15.4% |
Consumer Discretionary | 14.3% |
Information Technology | 13.5% |
Health Care | 11.5% |
Real Estate | 9.1% |
Materials | 6.1% |
Consumer Staples | 3.5% |
Utilities | 3.3% |
Communication Services | 1.7% |
Energy | 1.2% |
Securities Lending Collateral2 | 0.5% |
Cash Equivalents3 | 2.8% |
Derivative Contracts4 | 0.0% |
Other Assets and Liabilities—Net5 | (0.9)% |
TOTAL6 | 100% |
Shares | Value | ||
1 | COMMON STOCKS—97.6% | ||
Communication Services—1.7% | |||
1,073 | Cable One, Inc. | $1,920,670 | |
11,826 | 2 | Cinemark Holdings, Inc. | 250,711 |
24,407 | 2 | Iridium Communications, Inc. | 927,222 |
28,443 | New York Times Co., Class A | 1,291,597 | |
41,101 | Tegna, Inc. | 824,486 | |
19,033 | Telephone and Data System, Inc. | 437,378 | |
19,385 | 2 | TripAdvisor, Inc. | 913,615 |
8,625 | Wiley (John) & Sons, Inc., Class A | 491,108 | |
9,885 | World Wrestling Entertainment, Inc. | 544,762 | |
19,136 | 2 | Yelp, Inc. | 752,045 |
TOTAL | 8,353,594 | ||
Consumer Discretionary—14.3% | |||
17,739 | 2 | Adient PLC | 822,025 |
10,564 | 2 | Adtalem Global Education, Inc. | 362,451 |
30,143 | American Eagle Outfitters, Inc. | 1,042,044 | |
13,319 | 2 | AutoNation, Inc. | 1,364,931 |
46,747 | Block (H&R), Inc. | 1,040,588 | |
16,090 | 2 | Boyd Gaming Corp. | 1,064,354 |
15,147 | Brunswick Corp. | 1,622,698 | |
33,764 | 2 | Capri Holdings Ltd. | 1,859,721 |
9,180 | 2 | Carter’s, Inc. | 998,692 |
5,615 | 2 | Choice Hotels International, Inc. | 638,987 |
5,893 | Churchill Downs, Inc. | 1,246,369 | |
6,436 | Columbia Sportswear Co. | 701,588 | |
3,368 | Cracker Barrel Old Country Store, Inc. | 564,039 | |
28,621 | Dana, Inc. | 724,111 | |
5,566 | 2 | Deckers Outdoor Corp. | 1,882,421 |
12,722 | Dick’s Sporting Goods, Inc. | 1,050,583 | |
11,005 | 2 | Five Below, Inc. | 2,214,976 |
20,379 | Foot Locker, Inc. | 1,201,953 | |
6,545 | 2 | Fox Factory Holding Corp. | 1,002,890 |
48,928 | Gentex Corp. | 1,721,287 | |
46,158 | 2 | Goodyear Tire & Rubber Co. | 794,379 |
722 | Graham Holdings Co. | 458,910 | |
9,182 | 2 | Grand Canyon Education, Inc. | 994,319 |
Shares | Value | ||
1 | COMMON STOCKS—continued | ||
Consumer Discretionary—continued | |||
14,840 | 2 | GrubHub, Inc. | $1,009,714 |
35,194 | Harley-Davidson, Inc. | 1,702,334 | |
3,738 | 2 | Helen of Troy Ltd. | 789,503 |
4,404 | Jack in the Box, Inc. | 531,343 | |
16,509 | KB HOME | 796,229 | |
31,466 | Kohl’s Corp. | 1,845,796 | |
10,888 | Lear Corp. | 2,001,650 | |
5,165 | Lithia Motors, Inc., Class A | 1,985,323 | |
8,148 | 2 | Marriott Vacations Worldwide Corp. | 1,447,329 |
68,856 | 2 | Mattel, Inc. | 1,477,650 |
4,656 | Murphy USA, Inc. | 649,046 | |
16,234 | 2 | Nordstrom, Inc. | 595,463 |
11,114 | 2 | Ollie’s Bargain Outlet Holding, Inc. | 1,025,489 |
6,528 | Papa Johns International, Inc. | 631,388 | |
11,584 | Polaris, Inc., Class A | 1,622,108 | |
3,219 | 2,3 | RH | 2,214,736 |
15,383 | 2 | Scientific Games Corp. | 900,213 |
33,160 | Service Corp. International | 1,772,070 | |
10,398 | 2 | Six Flags Entertainment Corp. | 488,498 |
21,597 | 2 | Skechers USA, Inc., Class A | 1,047,239 |
4,807 | Strategic Education, Inc. | 360,813 | |
23,854 | 2 | Taylor Morrison Home Corp. | 744,483 |
37,719 | Tempur Sealy International, Inc. | 1,438,603 | |
12,944 | 2 | Texas Roadhouse, Inc. | 1,385,267 |
35,521 | The Wendy’s Co. | 801,709 | |
9,352 | Thor Industries, Inc. | 1,324,150 | |
21,251 | Toll Brothers, Inc. | 1,332,438 | |
6,378 | 2 | TopBuild Corp. | 1,418,340 |
20,383 | Travel + Leisure Co. | 1,315,315 | |
21,216 | 2 | Tri Pointe Homes, Inc. | 505,365 |
13,753 | 2 | Urban Outfitters, Inc. | 493,733 |
5,633 | 2 | Visteon Corp. | 686,156 |
16,467 | Williams-Sonoma, Inc. | 2,811,740 | |
5,946 | Wingstop, Inc. | 941,906 | |
2,838 | 2 | WW International, Inc. | 78,726 |
18,579 | Wyndham Hotels & Resorts, Inc. | 1,358,311 | |
17,817 | 2 | YETI Holdings, Inc. | 1,521,928 |
TOTAL | 68,426,420 |
Shares | Value | ||
1 | COMMON STOCKS—continued | ||
Consumer Staples—3.5% | |||
26,739 | 2 | BJ’s Wholesale Club Holdings, Inc. | $1,194,431 |
7,097 | Casey’s General Stores, Inc. | 1,576,882 | |
57,397 | 2 | Coty, Inc. - CL A | 574,544 |
35,097 | 2 | Darling Ingredients, Inc. | 2,437,487 |
12,359 | Energizer Holdings, Inc. | 609,299 | |
39,442 | Flowers Foods, Inc. | 945,030 | |
17,034 | 2 | Grocery Outlet Holding Corp. | 688,003 |
21,219 | 2 | Hain Celestial Group, Inc. | 870,191 |
13,223 | Ingredion, Inc. | 1,235,160 | |
3,789 | Lancaster Colony Corp. | 699,866 | |
9,700 | Nu Skin Enterprises, Inc., Class A | 512,742 | |
9,010 | 2 | Pilgrim’s Pride Corp. | 215,880 |
12,224 | 2 | Post Holdings, Inc. | 1,390,847 |
3,957 | Sanderson Farms, Inc. | 651,045 | |
21,509 | 2 | Sprouts Farmers Market, Inc. | 550,846 |
1,643 | 2 | The Boston Beer Co., Inc., Class A | 1,998,693 |
11,122 | 2 | TreeHouse Foods, Inc. | 529,407 |
TOTAL | 16,680,353 | ||
Energy—1.2% | |||
55,983 | Antero Midstream Corp. | 483,693 | |
34,756 | 2 | Championx Corp. | 730,223 |
23,980 | Cimarex Energy Co. | 1,587,476 | |
44,010 | 2 | CNX Resources Corp. | 590,614 |
55,171 | 2 | EQT Corp. | 1,053,766 |
78,737 | Equitrans Midstream Corp. | 642,494 | |
15,546 | Murphy Oil Corp. | 263,194 | |
11,431 | World Fuel Services Corp. | 353,561 | |
TOTAL | 5,705,021 | ||
Financials—15.4% | |||
8,618 | Affiliated Managers Group | 1,388,963 | |
2,826 | 2 | Alleghany Corp. | 1,918,769 |
13,826 | American Financial Group, Inc. | 1,698,662 | |
29,232 | Associated Banc-Corp. | 639,888 | |
18,677 | BancorpSouth Bank | 552,652 | |
8,198 | Bank of Hawaii Corp. | 745,116 | |
23,952 | Bank OZK | 981,792 | |
17,900 | 2 | Brighthouse Financial, Inc. | 837,541 |
46,992 | Brown & Brown | 2,499,035 |
Shares | Value | ||
1 | COMMON STOCKS—continued | ||
Financials—continued | |||
14,062 | Cathay Bancorp, Inc. | $569,230 | |
15,199 | CIT Group Holdings, Inc. | 809,955 | |
17,862 | CNO Financial Group, Inc. | 456,017 | |
21,318 | Commerce Bancshares, Inc. | 1,658,754 | |
9,171 | Cullen Frost Bankers, Inc. | 1,101,070 | |
30,732 | East West Bancorp, Inc. | 2,340,242 | |
21,232 | Essent Group Ltd. | 1,116,379 | |
8,264 | Evercore, Inc., Class A | 1,158,034 | |
7,541 | FactSet Research Systems | 2,535,435 | |
19,681 | Federated Hermes, Inc. | 566,813 | |
25,777 | First American Financial Corp. | 1,662,617 | |
8,096 | First Cash, Inc. | 583,155 | |
27,667 | First Financial Bankshares, Inc. | 1,357,896 | |
96,816 | First Horizon Corp. | 1,770,765 | |
63,979 | FNB Corp. (PA) | 824,689 | |
32,607 | Fulton Financial Corp. | 555,949 | |
18,440 | Glacier Bancorp, Inc. | 1,087,038 | |
22,049 | Hancock Whitney Corp. | 1,019,546 | |
6,949 | Hanover Insurance Group, Inc. | 961,116 | |
30,068 | Home Bancshares, Inc. | 836,792 | |
16,112 | Interactive Brokers Group, Inc., Class A | 1,152,330 | |
10,799 | International Bancshares Corp. | 511,765 | |
35,006 | Janus Henderson Group PLC | 1,203,856 | |
38,578 | Jefferies Financial Group, Inc. | 1,254,171 | |
12,031 | Kemper Corp. | 939,140 | |
4,281 | Kinsale Capital Group, Inc. | 744,937 | |
1,119 | 2,3 | LendingTree, Inc. | 231,062 |
4,511 | Mercury General Corp. | 280,900 | |
83,566 | MGIC Investment Corp. | 1,273,546 | |
50,203 | Navient Corp. | 844,917 | |
109,776 | New York Community Bancorp, Inc. | 1,312,921 | |
54,074 | Old Republic International Corp. | 1,331,302 | |
17,548 | PacWest Bancorp | 761,759 | |
14,902 | Pinnacle Financial Partners, Inc. | 1,306,011 | |
9,208 | Primerica, Inc. | 1,471,162 | |
8,557 | PROG Holdings, Inc. | 435,894 | |
21,091 | Prosperity Bancshares, Inc. | 1,547,236 | |
13,451 | Reinsurance Group of America | 1,755,759 |
Shares | Value | ||
1 | COMMON STOCKS—continued | ||
Financials—continued | |||
8,680 | RenaissanceRe Holdings Ltd. | $1,465,271 | |
5,900 | RLI Corp. | 657,614 | |
22,742 | SEI Investments Co. | 1,397,268 | |
11,606 | Selective Insurance Group, Inc. | 883,681 | |
11,375 | Signature Bank | 2,860,926 | |
78,909 | SLM Corp. | 1,551,351 | |
38,564 | Sterling Bancorp | 969,113 | |
20,342 | Stifel Financial Corp. | 1,407,463 | |
29,321 | Synovus Financial Corp. | 1,373,982 | |
25,479 | TCF Financial Corp. | 1,159,804 | |
7,435 | 2 | Texas Capital Bancshares, Inc. | 510,264 |
11,679 | Trustmark Corp. | 378,516 | |
8,217 | UMB Financial Corp. | 797,296 | |
44,343 | Umpqua Holdings Corp. | 826,554 | |
25,431 | United Bankshares, Inc. | 998,675 | |
78,925 | Valley National Bancorp | 1,086,797 | |
15,283 | Washington Federal, Inc. | 497,462 | |
21,450 | Webster Financial Corp. Waterbury | 1,134,920 | |
11,162 | Wintrust Financial Corp. | 860,590 | |
TOTAL | 73,410,125 | ||
Health Care—11.5% | |||
21,332 | 2 | Acadia Healthcare Co., Inc. | 1,299,545 |
6,441 | 2 | Amedisys, Inc. | 1,738,104 |
20,458 | 2 | Arrowhead Pharmaceuticals, Inc. | 1,488,524 |
9,542 | 2 | Avanos Medical, Inc. | 412,310 |
7,685 | Bio-Techne Corp. | 3,285,261 | |
10,249 | 2 | Cantel Medical Corp. | 900,990 |
9,951 | 2 | Charles River Laboratories International, Inc. | 3,308,210 |
3,651 | Chemed Corp. | 1,740,103 | |
9,040 | 2 | Emergent BioSolutions, Inc. | 551,259 |
19,555 | Encompass Health Corp. | 1,659,437 | |
31,592 | 2 | Envista Holdings Corp. | 1,367,302 |
62,280 | 2 | Exelixis, Inc. | 1,533,334 |
15,647 | 2 | Globus Medical, Inc. | 1,122,985 |
10,091 | 2 | Haemonetics Corp. | 678,721 |
25,785 | 2 | Halozyme Therapeutics, Inc. | 1,287,961 |
16,581 | 2 | HealthEquity Inc. | 1,259,659 |
13,274 | Hill-Rom Holdings, Inc. | 1,463,060 |
Shares | Value | ||
1 | COMMON STOCKS—continued | ||
Health Care—continued | |||
3,958 | 2 | ICU Medical, Inc. | $824,333 |
14,633 | 2 | Integra Lifesciences Corp. | 1,084,013 |
12,409 | 2 | Jazz Pharmaceuticals Plc. | 2,040,040 |
6,186 | 2 | LHC Group, Inc. | 1,288,358 |
1,838 | 2 | Ligand Pharmaceuticals, Inc., Class B | 268,146 |
6,652 | 2 | Livanova PLC | 564,555 |
10,166 | 2 | Masimo Corp. | 2,365,323 |
5,502 | 2 | Medpace Holdings, Inc. | 933,579 |
11,351 | 2 | Molina Healthcare, Inc. | 2,895,640 |
25,837 | 2 | Nektar Therapeutics | 506,664 |
10,977 | 2 | Neogen Corp. | 1,053,902 |
18,523 | 2 | Neurocrine Biosciences, Inc. | 1,750,238 |
10,612 | 2 | NuVasive, Inc. | 758,227 |
10,262 | Patterson Cos., Inc. | 329,821 | |
5,879 | 2,3 | Penumbra, Inc. | 1,798,915 |
13,018 | 2 | PRA Health Sciences, Inc. | 2,172,574 |
7,230 | 2 | Progyny, Inc. | 411,459 |
5,937 | 2 | Quidel Corp. | 622,138 |
10,206 | 2 | Repligen Corp. | 2,160,712 |
9,184 | 2 | Staar Surgical Co. | 1,258,300 |
16,471 | 2 | Syneos Health, Inc. | 1,397,564 |
25,105 | 2 | Tenet Healthcare Corp. | 1,487,722 |
10,082 | 2 | United Therapeutics Corp. | 2,032,128 |
TOTAL | 55,101,116 | ||
Industrials—18.0% | |||
5,754 | Acuity Brands, Inc. | 1,067,482 | |
29,083 | 2 | AECOM | 1,931,984 |
11,852 | AGCO Corp. | 1,729,444 | |
10,000 | 2 | ASGN, Inc. | 1,051,800 |
12,871 | 2 | Avis Budget Group, Inc. | 1,153,370 |
10,979 | 2 | Axon Enterprise, Inc. | 1,664,526 |
7,060 | Brinks Co. (The) | 564,235 | |
39,752 | 2 | Builders Firstsource, Inc. | 1,934,730 |
4,911 | 2 | CACI International, Inc., Class A | 1,251,618 |
10,317 | Carlisle Cos., Inc. | 1,977,253 | |
9,846 | 2 | Clean Harbors, Inc. | 875,900 |
17,897 | 2 | Colfax Corp. | 808,765 |
17,219 | CoreLogic, Inc. | 1,372,354 |
Shares | Value | ||
1 | COMMON STOCKS—continued | ||
Industrials—continued | |||
9,837 | Crane Co. | $925,268 | |
8,436 | Curtiss Wright Corp. | 1,078,964 | |
24,979 | Donaldson Co., Inc. | 1,570,680 | |
8,402 | 2 | Dycom Industries, Inc. | 788,192 |
12,762 | Emcor Group, Inc. | 1,528,888 | |
8,472 | EnerSys, Inc. | 775,866 | |
25,910 | Flowserve Corp. | 1,027,072 | |
23,289 | 2 | Fluor Corp. | 535,181 |
5,056 | 2 | FTI Consulting, Inc. | 702,026 |
4,464 | GATX Corp. | 436,177 | |
33,198 | Graco, Inc. | 2,549,606 | |
14,725 | Healthcare Services Group, Inc. | 441,014 | |
16,885 | 2 | Hexcel Corp. | 952,483 |
10,810 | Hubbell, Inc. | 2,075,628 | |
26,437 | 2 | IAA Spinco Inc. | 1,660,508 |
6,865 | Insperity, Inc. | 600,962 | |
19,559 | ITT Corp. | 1,844,609 | |
51,529 | 2 | Jet Blue Airways Corp. | 1,049,130 |
28,445 | 2 | KAR Auction Services, Inc. | 426,391 |
28,148 | KBR, Inc. | 1,113,535 | |
16,800 | Kennametal, Inc. | 674,688 | |
11,934 | 2 | Kirby Corp. | 760,196 |
24,324 | Knight-Swift Transportation Holdings, Inc. | 1,146,147 | |
7,494 | Landstar System, Inc. | 1,291,066 | |
6,763 | Lennox International, Inc. | 2,267,904 | |
11,806 | Lincoln Electric Holdings | 1,511,758 | |
10,736 | Manpower, Inc. | 1,297,875 | |
13,520 | 2 | Mastec, Inc. | 1,410,947 |
7,749 | 2 | Mercury Systems, Inc. | 583,035 |
10,992 | 2 | Middleby Corp. | 1,993,069 |
16,978 | Miller Herman, Inc. | 704,587 | |
5,809 | MSA Safety, Inc. | 933,855 | |
9,404 | MSC Industrial Direct Co. | 847,865 | |
10,711 | Nordson Corp. | 2,264,413 | |
34,671 | nVent Electric PLC | 1,055,732 | |
13,668 | OshKosh Truck Corp. | 1,700,709 | |
23,120 | Owens Corning, Inc. | 2,238,247 | |
9,462 | Regal Beloit Corp. | 1,366,597 |
Shares | Value | ||
1 | COMMON STOCKS—continued | ||
Industrials—continued | |||
10,606 | Ryder System, Inc. | $846,783 | |
11,382 | Science Applications International Corp. | 1,017,778 | |
6,448 | Simpson Manufacturing Co., Inc. | 726,690 | |
18,526 | 2 | Stericycle, Inc. | 1,413,163 |
27,215 | 2 | SunRun, Inc. | 1,333,535 |
13,779 | Terex Corp. | 647,475 | |
10,775 | Tetra Tech, Inc. | 1,375,213 | |
16,047 | Timken Co. | 1,345,862 | |
23,328 | Toro Co. | 2,673,389 | |
20,366 | 2 | Trex Co., Inc. | 2,199,324 |
17,636 | Trinity Industries, Inc. | 487,459 | |
32,782 | 2 | Univar, Inc. | 765,460 |
3,997 | Valmont Industries, Inc. | 986,660 | |
6,446 | Watsco, Inc. | 1,887,776 | |
10,419 | Werner Enterprises, Inc. | 481,670 | |
11,466 | Woodward, Inc. | 1,433,365 | |
20,222 | 2 | XPO Logistics, Inc. | 2,813,285 |
TOTAL | 85,949,218 | ||
Information Technology—13.5% | |||
23,525 | 2 | ACI Worldwide, Inc. | 888,775 |
11,751 | Alliance Data Systems Corp. | 1,384,855 | |
30,717 | Amkor Technology, Inc. | 621,098 | |
14,288 | 2 | Arrow Electronics, Inc. | 1,629,832 |
19,056 | Avnet, Inc. | 836,940 | |
9,418 | Belden, Inc. | 407,611 | |
6,295 | 2 | Blackbaud, Inc. | 447,700 |
14,615 | Brooks Automation, Inc. | 1,480,938 | |
24,441 | CDK Global, Inc. | 1,309,793 | |
23,113 | 2 | Ceridian HCM Holding, Inc. | 2,183,716 |
30,618 | 2 | Ciena Corp. | 1,545,290 |
11,620 | 2 | Cirrus Logic, Inc. | 864,644 |
5,523 | CMC Materials, Inc. | 1,013,084 | |
31,906 | Cognex Corp. | 2,747,745 | |
4,903 | 2 | Coherent, Inc. | 1,274,731 |
9,629 | 2 | Commvault Systems, Inc. | 669,312 |
8,156 | 2 | Concentrix Corp. | 1,267,279 |
20,597 | 2 | Cree, Inc. | 2,047,754 |
5,814 | 2 | Fair Isaac & Co., Inc. | 3,031,478 |
Shares | Value | ||
1 | COMMON STOCKS—continued | ||
Information Technology—continued | |||
13,841 | 2 | First Solar, Inc. | $1,059,252 |
34,540 | Genpact Ltd. | 1,641,686 | |
20,785 | 2 | II-VI, Inc. | 1,395,505 |
8,580 | 2 | j2 Global, Inc. | 1,038,180 |
25,793 | Jabil, Inc. | 1,352,069 | |
26,950 | 2 | Lattice Semiconductor Corp. | 1,355,854 |
4,831 | Littelfuse, Inc. | 1,281,374 | |
13,381 | 2 | LiveRamp Holdings, Inc. | 655,401 |
15,212 | 2 | Lumentum Holdings, Inc. | 1,293,781 |
14,447 | 2 | Manhattan Associates, Inc. | 1,982,706 |
11,925 | Maximus, Inc. | 1,092,807 | |
10,910 | MKS Instruments, Inc. | 1,954,090 | |
26,081 | National Instruments Corp. | 1,080,014 | |
31,584 | 2 | NCR Corp. | 1,444,968 |
15,492 | 2 | NetScout Systems, Inc. | 405,813 |
7,404 | 2 | Paylocity Corp. | 1,430,749 |
34,653 | Perspecta, Inc. | 1,014,293 | |
6,770 | 2 | Qualys, Inc. | 686,207 |
48,674 | 2 | Sabre Corp. | 729,137 |
18,180 | 2 | SailPoint Technologies Holding | 887,729 |
16,036 | 2 | Semtech Corp. | 1,086,279 |
8,852 | 2 | Silicon Laboratories, Inc. | 1,247,689 |
10,176 | 2 | Solaredge Technologies, Inc. | 2,681,783 |
6,940 | 2 | Synaptics, Inc. | 970,698 |
10,280 | Synnex Corp. | 1,245,936 | |
22,140 | 2 | Teradata Corp. | 1,095,266 |
8,472 | Universal Display Corp. | 1,895,102 | |
8,623 | 2 | ViaSat, Inc. | 446,585 |
26,452 | Vishay Intertechnology, Inc. | 649,926 | |
32,949 | 2 | Vontier Corp. | 1,032,622 |
9,719 | 2 | WEX, Inc. | 1,994,436 |
33,468 | Xerox Holdings Corp. | 807,918 | |
TOTAL | 64,588,430 | ||
Materials—6.1% | |||
13,154 | Aptargroup, Inc. | 1,983,755 | |
11,257 | Ashland Global Holdings, Inc. | 970,466 | |
17,625 | Avient Corp. | 894,821 | |
15,330 | Cabot Corp. | 841,310 |
Shares | Value | ||
1 | COMMON STOCKS—continued | ||
Materials—continued | |||
32,587 | Chemours Co./The | $984,127 | |
79,424 | 2,3 | Cleveland-Cliffs, Inc. | 1,418,513 |
25,118 | Commercial Metals Corp. | 733,948 | |
3,371 | Compass Minerals International, Inc. | 228,958 | |
9,956 | Eagle Materials, Inc. | 1,375,322 | |
4,769 | Greif, Inc., Class A | 288,572 | |
10,874 | 2 | Ingevity Corp. | 849,042 |
24,358 | Louisiana-Pacific Corp. | 1,604,705 | |
6,355 | Minerals Technologies, Inc. | 496,580 | |
882 | Newmarket Corp. | 305,692 | |
28,397 | Olin Corp. | 1,221,923 | |
14,020 | Reliance Steel & Aluminum Co. | 2,247,546 | |
13,325 | Royal Gold, Inc. | 1,490,535 | |
25,503 | RPM International, Inc. | 2,418,705 | |
7,990 | Scotts Miracle-Gro Co. | 1,846,968 | |
8,811 | Sensient Technologies Corp. | 724,617 | |
14,657 | Silgan Holdings, Inc. | 618,086 | |
20,496 | Sonoco Products Co. | 1,341,668 | |
34,802 | Steel Dynamics, Inc. | 1,886,964 | |
41,901 | United States Steel Corp. | 964,142 | |
35,047 | Valvoline, Inc. | 1,100,476 | |
6,533 | Worthington Industries, Inc. | 426,344 | |
TOTAL | 29,263,785 | ||
Real Estate—9.1% | |||
27,660 | American Campus Communities, Inc. | 1,250,509 | |
30,320 | Apartment Income REIT Corp. | 1,368,948 | |
59,583 | Brixmor Property Group, Inc. | 1,331,084 | |
21,231 | Camden Property Trust | 2,557,911 | |
8,814 | Coresite Realty Corp. | 1,070,813 | |
22,024 | Corporate Office Properties Trust | 617,553 | |
29,034 | Cousins Properties, Inc. | 1,064,677 | |
24,157 | Cyrusone, Inc. | 1,759,354 | |
33,801 | Douglas Emmett, Inc. | 1,133,686 | |
7,799 | EastGroup Properties, Inc. | 1,237,389 | |
14,890 | EPR PPTYS | 710,402 | |
25,199 | First Industrial Realty Trust | 1,254,154 | |
34,808 | Healthcare Realty Trust, Inc. | 1,119,425 | |
19,890 | Highwoods Properties, Inc. | 890,873 |
Shares | Value | ||
1 | COMMON STOCKS—continued | ||
Real Estate—continued | |||
31,330 | Hudson Pacific Properties Inc. | $880,686 | |
23,149 | JBG Smith Properties | 754,889 | |
11,321 | 2 | Jones Lang LaSalle, Inc. | 2,127,329 |
17,606 | Kilroy Realty Corp. | 1,206,715 | |
19,330 | Lamar Advertising Co. | 1,914,443 | |
14,907 | Life Storage, Inc. | 1,431,967 | |
6,193 | Macerich Co. (The) | 85,402 | |
103,848 | Medical PPTYS Trust, Inc. | 2,289,848 | |
34,698 | National Retail Properties, Inc. | 1,610,681 | |
51,653 | Omega Healthcare Investors, Inc. | 1,962,814 | |
47,856 | 2 | Park Hotels & Resorts, Inc. | 1,067,667 |
17,108 | Pebblebrook Hotel Trust | 408,539 | |
29,404 | Physicians Realty Trust | 550,737 | |
17,491 | PotlatchDeltic Corp. | 1,038,266 | |
3,832 | PS Business Parks, Inc. | 622,202 | |
25,776 | Rayonier, Inc. | 935,153 | |
21,505 | Rexford Industrial Realty, Inc. | 1,194,603 | |
41,431 | Sabra Health Care REIT, Inc. | 752,801 | |
32,324 | Service Properties Trust | 398,070 | |
14,257 | SL Green Realty Corp. | 1,055,161 | |
22,988 | Spirit Realty Capital, Inc. | 1,092,850 | |
40,621 | STORE Capital Corp. | 1,453,826 | |
21,798 | Urban Edge Properties | 410,892 | |
23,492 | Weingarten Realty Investors | 759,731 | |
TOTAL | 43,372,050 | ||
Utilities—3.3% | |||
6,988 | Allete, Inc. | 491,676 | |
12,569 | Black Hills Corp. | 867,010 | |
38,764 | Essential Utilities, Inc. | 1,826,947 | |
22,435 | Hawaiian Electric Industries, Inc. | 966,051 | |
10,102 | Idacorp, Inc. | 1,035,253 | |
46,700 | MDU Resources Group, Inc. | 1,562,582 | |
18,728 | National Fuel Gas Co. | 930,033 | |
18,715 | New Jersey Resources Corp. | 785,094 | |
9,946 | Northwestern Corp. | 676,626 | |
40,780 | OGE Energy Corp. | 1,368,577 | |
10,236 | ONE Gas, Inc. | 823,691 | |
17,518 | PNM Resources, Inc. | 864,688 |
Shares | Value | ||
1 | COMMON STOCKS—continued | ||
Utilities—continued | |||
11,001 | Southwest Gas Holdings, Inc. | $766,990 | |
10,430 | Spire, Inc. | 785,796 | |
46,564 | UGI Corp. | 2,035,312 | |
TOTAL | 15,786,326 | ||
TOTAL COMMON STOCKS (IDENTIFIED COST $232,814,616) | 466,636,438 | ||
INVESTMENT COMPANIES—3.3% | |||
2,654,666 | Federated Hermes Government Obligations Fund, Premier Shares, 0.02%4 | 2,654,666 | |
13,413,777 | Federated Hermes Institutional Prime Value Obligations Fund, Institutional Shares, 0.05%4 | 13,416,460 | |
TOTAL INVESTMENT COMPANIES (IDENTIFIED COST $16,071,126) | 16,071,126 | ||
TOTAL INVESTMENT IN SECURITIES—100.9% (IDENTIFIED COST $248,885,742)5 | 482,707,564 | ||
OTHER ASSETS AND LIABILITIES – NET—(0.9)%6 | (4,436,503) | ||
TOTAL NET ASSETS—100% | $478,271,061 |
Description | Number of Contracts | Notional Value | Expiration Date | Value and Unrealized Appreciation |
Long Futures | ||||
2S&P MidCap 400 E-Mini Index | 47 | $12,785,410 | June 2021 | $401,097 |
Federated Hermes, Inc. | Federated Hermes Government Obligations Fund, Premier Shares* | Federated Hermes Institutional Prime Value Obligations Fund, Institutional Shares* | Total of Affiliated Transactions | |
Value as of 10/31/2020 | $517,889 | $1,077,921 | $4,786,111 | $ 6,381,921 |
Purchases at Cost | — | $11,771,107 | $116,972,413 | $128,743,520 |
Proceeds from Sales | $(57,432) | $(10,194,362) | $(108,341,572) | $(118,593,366) |
Change in Unrealized Appreciation/ Depreciation | $89,141 | N/A | $312 | $89,453 |
Net Realized Gain/(Loss) | $17,215 | N/A | $(804) | $16,411 |
Value as of 4/30/2021 | $566,813 | $2,654,666 | $13,416,460 | $16,637,939 |
Shares Held as of 4/30/2021 | 19,681 | 2,654,666 | 13,413,777 | 16,088,124 |
Dividend Income | $32,834 | $170 | $3,899 | $36,903 |
REIT | —Real Estate Investment Trust |
Six Months Ended (unaudited) 4/30/2021 | Year Ended October 31, | |||||
2020 | 2019 | 2018 | 2017 | 2016 | ||
Net Asset Value, Beginning of Period | $18.35 | $20.69 | $23.69 | $27.75 | $25.13 | $27.25 |
Income From Investment Operations: | ||||||
Net investment income | 0.11 | 0.20 | 0.26 | 0.32 | 0.261 | 0.341 |
Net realized and unrealized gain (loss) | 7.36 | (0.44) | 1.37 | (0.01) | 5.22 | 1.03 |
TOTAL FROM INVESTMENT OPERATIONS | 7.47 | (0.24) | 1.63 | 0.31 | 5.48 | 1.37 |
Less Distributions: | ||||||
Distributions from net investment income | (0.12) | (0.22) | (0.27) | (0.31) | (0.28) | (0.32) |
Distributions from net realized gain | (2.86) | (1.88) | (4.36) | (4.06) | (2.58) | (3.17) |
TOTAL DISTRIBUTIONS | (2.98) | (2.10) | (4.63) | (4.37) | (2.86) | (3.49) |
Net Asset Value, End of Period | $22.84 | $18.35 | $20.69 | $23.69 | $27.75 | $25.13 |
Total Return2 | 44.26% | (1.41)% | 8.63% | 0.83% | 23.19% | 5.85% |
Ratios to Average Net Assets: | ||||||
Net expenses3 | 0.31%4 | 0.31% | 0.31% | 0.31% | 0.31% | 0.30% |
Net investment income | 1.13%4 | 1.22% | 1.31% | 1.28% | 1.01% | 1.40% |
Expense waiver/reimbursement5 | 0.14%4 | 0.15% | 0.12% | 0.10% | 0.12% | 0.10% |
Supplemental Data: | ||||||
Net assets, end of period (000 omitted) | $111,607 | $87,376 | $161,149 | $154,139 | $166,962 | $161,135 |
Portfolio turnover | 15% | 34% | 31% | 29% | 35% | 33% |
Six Months Ended (unaudited) 4/30/2021 | Year Ended October 31, | |||||
2020 | 2019 | 2018 | 2017 | 2016 | ||
Net Asset Value, Beginning of Period | $18.37 | $20.70 | $23.71 | $27.77 | $25.15 | $27.26 |
Income From Investment Operations: | ||||||
Net investment income | 0.08 | 0.17 | 0.21 | 0.26 | 0.20 | 0.281 |
Net realized and unrealized gain (loss) | 7.37 | (0.45) | 1.36 | (0.02) | 5.21 | 1.04 |
TOTAL FROM INVESTMENT OPERATIONS | 7.45 | (0.28) | 1.57 | 0.24 | 5.41 | 1.32 |
Less Distributions: | ||||||
Distributions from net investment income | (0.09) | (0.17) | (0.22) | (0.24) | (0.21) | (0.26) |
Distributions from net realized gain | (2.86) | (1.88) | (4.36) | (4.06) | (2.58) | (3.17) |
TOTAL DISTRIBUTIONS | (2.95) | (2.05) | (4.58) | (4.30) | (2.79) | (3.43) |
Net Asset Value, End of Period | $22.87 | $18.37 | $20.70 | $23.71 | $27.77 | $25.15 |
Total Return2 | 44.10% | (1.63)% | 8.32% | 0.56% | 22.86% | 5.64% |
Ratios to Average Net Assets: | ||||||
Net expenses3 | 0.56%4 | 0.56% | 0.56% | 0.56% | 0.56% | 0.55% |
Net investment income | 0.88%4 | 0.95% | 1.08% | 1.03% | 0.76% | 1.16% |
Expense waiver/reimbursement5 | 0.12%4 | 0.13% | 0.11% | 0.10% | 0.09% | 0.10% |
Supplemental Data: | ||||||
Net assets, end of period (000 omitted) | $314,324 | $251,645 | $336,868 | $434,678 | $639,787 | $660,471 |
Portfolio turnover | 15% | 34% | 31% | 29% | 35% | 33% |
Six Months Ended (unaudited) 4/30/2021 | Year Ended October 31, | Period Ended 10/31/20161 | ||||
2020 | 2019 | 2018 | 2017 | |||
Net Asset Value, Beginning of Period | $18.38 | $20.71 | $23.72 | $27.78 | $25.15 | $25.29 |
Income From Investment Operations: | ||||||
Net investment income | 0.11 | 0.22 | 0.26 | 0.32 | 0.262 | 0.012 |
Net realized and unrealized gain (loss) | 7.37 | (0.45) | 1.36 | (0.01) | 5.23 | (0.15) |
TOTAL FROM INVESTMENT OPERATIONS | 7.48 | (0.23) | 1.62 | 0.31 | 5.49 | (0.14) |
Less Distributions: | ||||||
Distributions from net investment income | (0.12) | (0.22) | (0.27) | (0.31) | (0.28) | — |
Distributions from net realized gain | (2.86) | (1.88) | (4.36) | (4.06) | (2.58) | — |
TOTAL DISTRIBUTIONS | (2.98) | (2.10) | (4.63) | (4.37) | (2.86) | — |
Net Asset Value, End of Period | $22.88 | $18.38 | $20.71 | $23.72 | $27.78 | $25.15 |
Total Return3 | 44.25% | (1.35)% | 8.59% | 0.83% | 23.23% | (0.55)% |
Ratios to Average Net Assets: | ||||||
Net expenses4 | 0.30%5 | 0.30% | 0.30% | 0.30% | 0.30% | 0.26%5 |
Net investment income | 1.13%5 | 1.21% | 1.34% | 1.26% | 0.96% | 0.52%5 |
Expense waiver/reimbursement6 | 0.10%5 | 0.11% | 0.08% | 0.07% | 0.06% | —% |
Supplemental Data: | ||||||
Net assets, end of period (000 omitted) | $52,340 | $37,590 | $53,991 | $46,064 | $29,384 | $07 |
Portfolio turnover | 15% | 34% | 31% | 29% | 35% | 33%8 |
Assets: | ||
Investment in securities, at value including $2,570,683 of securities loaned and $16,637,939 of investment in affiliated holdings* (identified cost $248,885,742) | $482,707,564 | |
Due from broker | 688,500 | |
Receivable for investments sold | 478,903 | |
Receivable for shares sold | 320,921 | |
Income receivable | 131,138 | |
Income receivable from affiliated holding | 17,241 | |
TOTAL ASSETS | 484,344,267 | |
Liabilities: | ||
Payable for collateral due to broker for securities lending | $2,654,666 | |
Payable for investments purchased | 1,641,686 | |
Payable for shares redeemed | 1,415,886 | |
Payable to Bank | 14,661 | |
Payable for variation margin on futures contracts | 174,840 | |
Payable for other service fees (Notes 2 and 5) | 65,986 | |
Payable for management fee (Note 5) | 3,692 | |
Accrued expenses (Note 5) | 101,789 | |
TOTAL LIABILITIES | 6,073,206 | |
Net assets for 20,921,907 shares outstanding | $478,271,061 | |
Net Assets Consists of: | ||
Paid-in capital | $201,440,026 | |
Total distributable earnings (loss) | 276,831,035 | |
TOTAL NET ASSETS | $478,271,061 | |
Net Asset Value, Offering Price and Redemption Proceeds Per Share: | ||
Institutional Shares: | ||
Net asset value per share ($111,607,441 ÷ 4,887,054 shares outstanding) no par value, unlimited shares authorized | $22.84 | |
Service Shares: | ||
Net asset value per share ($314,323,990 ÷ 13,746,902 shares outstanding) no par value, unlimited shares authorized | $22.87 | |
Class R6 Shares: | ||
Net asset value per share ($52,339,630 ÷ 2,287,951 shares outstanding) no par value, unlimited shares authorized | $22.88 |
Investment Income: | |||
Dividends (including $36,733 received from affiliated holdings*) | $3,196,760 | ||
Net Income on securities loaned (includes $170 earned from affiliated holdings related to cash collateral balances*) (Note 2) | 4,170 | ||
TOTAL INCOME | 3,200,930 | ||
Expenses: | |||
Management fee (Note 5) | $663,284 | ||
Administrative fee (Note 5) | 1,134 | ||
Custodian fees | 16,267 | ||
Transfer agent fees | 111,687 | ||
Directors’/Trustees’ fees (Note 5) | 2,743 | ||
Auditing fees | 12,794 | ||
Legal fees | 7,198 | ||
Other service fees (Notes 2 and 5) | 356,009 | ||
Portfolio accounting fees | 67,918 | ||
Share registration costs | 28,661 | ||
Printing and postage | 16,035 | ||
Miscellaneous (Note 5) | 53,894 | ||
TOTAL EXPENSES | 1,337,624 | ||
Waiver and Reimbursements: | |||
Waiver/reimbursement of management fee (Note 5) | $(228,530) | ||
Reimbursement of other operating expenses (Notes 2 and 5) | (49,976) | ||
TOTAL WAIVER AND REIMBURSEMENTS | (278,506) | ||
Net expenses | 1,059,118 | ||
Net investment income | 2,141,812 |
Realized and Unrealized Gain (Loss) on Investments and Futures Contracts: | |||
Net realized gain on investments (including realized gain of $16,411 on sales of investments in affiliated holdings*) | $43,968,070 | ||
Net realized gain on futures contracts | 4,106,210 | ||
Net change in unrealized appreciation of investments (including net change in unrealized appreciation of $89,453 of investments in an affiliated holdings*) | 107,313,628 | ||
Net change in unrealized appreciation of futures contracts | 383,185 | ||
Net realized and unrealized gain (loss) on investments and futures contracts | 155,771,093 | ||
Change in net assets resulting from operations | $157,912,905 |
Six Months Ended (unaudited) 4/30/2021 | Year Ended 10/31/2020 | |
Increase (Decrease) in Net Assets | ||
Operations: | ||
Net investment income | $2,141,812 | $4,537,207 |
Net realized gain | 48,074,280 | 56,612,110 |
Net change in unrealized appreciation/depreciation | 107,696,813 | (72,752,933) |
CHANGE IN NET ASSETS RESULTING FROM OPERATIONS | 157,912,905 | (11,603,616) |
Distributions to Shareholders: | ||
Institutional Shares | (14,201,606) | (14,910,440) |
Service Shares | (39,780,400) | (32,784,880) |
Class R6 Shares | (6,161,768) | (5,026,616) |
CHANGE IN NET ASSETS RESULTING FROM DISTRIBUTIONS TO SHAREHOLDERS | (60,143,774) | (52,721,936) |
Share Transactions: | ||
Proceeds from sale of shares | 33,812,823 | 65,446,293 |
Net asset value of shares issued to shareholders in payment of distributions declared | 58,421,189 | 51,192,413 |
Cost of shares redeemed | (88,344,068) | (227,708,829) |
CHANGE IN NET ASSETS RESULTING FROM SHARE TRANSACTIONS | 3,889,944 | (111,070,123) |
Change in net assets | 101,659,075 | (175,395,675) |
Net Assets: | ||
Beginning of period | 376,611,986 | 552,007,661 |
End of period | $478,271,061 | $376,611,986 |
Transfer Agent Fees Incurred | Transfer Agent Fees Reimbursed | |
Institutional Shares | $31,193 | $(18,395) |
Service Shares | 77,039 | (31,581) |
Class R6 Shares | 3,455 | — |
TOTAL | $111,687 | $(49,976) |
Other Service Fees Incurred | |
Service Shares | $356,009 |
Market Value of Securities Loaned | Collateral Received |
$2,570,683 | $2,654,666 |
Fair Value of Derivative Instruments | ||
Liability | ||
Statement of Assets and Liabilities Location | Fair Value | |
Derivatives not accounted for as hedging instruments under ASC Topic 815 | ||
Equity contracts | Payable for variation margin on futures contracts | $(401,097)* |
Amount of Realized Gain or (Loss) on Derivatives Recognized in Income | |
Futures Contracts | |
Equity Contracts | $4,106,210 |
Change in Unrealized Appreciation or (Depreciation) on Derivatives Recognized in Income | |
Futures Contracts | |
Equity Contracts | $383,185 |
Six Months Ended 4/30/2021 | Year Ended 10/31/2020 | |||
Institutional Shares: | Shares | Amount | Shares | Amount |
Shares sold | 558,322 | $11,635,862 | 1,210,184 | $21,267,418 |
Shares issued to shareholders in payment of distributions declared | 726,711 | 13,696,722 | 759,734 | 14,462,392 |
Shares redeemed | (1,159,149) | (23,890,823) | (4,998,532) | (91,016,876) |
NET CHANGE RESULTING FROM INSTITUTIONAL SHARE TRANSACTIONS | 125,884 | $1,441,761 | (3,028,614) | $(55,287,066) |
Six Months Ended 4/30/2021 | Year Ended 10/31/2020 | |||
Service Shares: | Shares | Amount | Shares | Amount |
Shares sold | 786,219 | $16,557,990 | 2,192,153 | $37,888,157 |
Shares issued to shareholders in payment of distributions declared | 2,054,441 | 38,744,279 | 1,666,166 | 31,823,950 |
Shares redeemed | (2,791,216) | (57,303,750) | (6,433,367) | (115,084,626) |
NET CHANGE RESULTING FROM SERVICE SHARE TRANSACTIONS | 49,444 | $(2,001,481) | (2,575,048) | $(45,372,519) |
Six Months Ended 4/30/2021 | Year Ended 10/31/2020 | |||
Class R6 Shares: | Shares | Amount | Shares | Amount |
Shares sold | 266,454 | $5,618,971 | 358,585 | $6,290,718 |
Shares issued to shareholders in payment of distributions declared | 316,734 | 5,980,188 | 257,662 | 4,906,071 |
Shares redeemed | (340,513) | (7,149,495) | (1,177,349) | (21,607,327) |
NET CHANGE RESULTING FROM CLASS R6 SHARE TRANSACTIONS | 242,675 | $4,449,664 | (561,102) | $(10,410,538) |
NET CHANGE RESULTING FROM TOTAL FUND SHARE TRANSACTIONS | 418,003 | $3,889,944 | (6,164,764) | $(111,070,123) |
Purchases | $61,451,897 |
Sales | $117,963,252 |
Beginning Account Value 11/1/2020 | Ending Account Value 4/30/2021 | Expenses Paid During Period1 | |
Actual: | |||
Institutional Shares | $ 1,000.00 | $ 1,442.60 | $ 1.88 |
Service Shares | $ 1,000.00 | $ 1,441.00 | $ 3.39 |
Class R6 Shares | $ 1,000.00 | $ 1,442.50 | $ 1.82 |
Hypothetical (assuming a 5% return before expenses): | |||
Institutional Shares | $ 1,000.00 | $ 1,023.26 | $ 1.56 |
Service Shares | $ 1,000.00 | $ 1,022.02 | $ 2.81 |
Class R6 Shares | $ 1,000.00 | $ 1,023.31 | $1.51 |
Institutional Shares | 0.31% |
Service Shares | 0.56% |
Class R6 Shares | 0.30% |
Annual Evaluation of Adequacy and Effectiveness
Federated Hermes Funds
4000 Ericsson Drive
Warrendale, PA 15086-7561
or call 1-800-341-7400.
CUSIP 31420E205
CUSIP 31420E874
Share Class | Ticker | C | MXCCX | R | FMXKX | Institutional | FISPX | Service | FMXSX |
Federated Hermes Max-Cap Index Fund
A Portfolio of Federated Hermes Index Trust
Sector | Percentage of Total Net Assets |
Information Technology | 25.8% |
Health Care | 12.4% |
Consumer Discretionary | 12.1% |
Financials | 11.0% |
Communication Services | 10.8% |
Industrials | 8.4% |
Consumer Staples | 5.9% |
Utilities | 2.6% |
Real Estate | 2.5% |
Materials | 2.5% |
Energy | 2.5% |
Derivative Contracts2,3 | 0.0% |
Cash Equivalents4 | 3.5% |
Other Assets and Liabilities—Net3,5 | (0.0)% |
TOTAL6 | 100% |
Shares | Value | ||
1 | COMMON STOCKS—96.5% | ||
Communication Services—10.8% | |||
5,004 | Activision Blizzard, Inc. | $456,315 | |
2,559 | 2 | Alphabet, Inc., Class A | 6,022,606 |
2,453 | 2 | Alphabet, Inc., Class C | 5,912,024 |
61,445 | AT&T, Inc. | 1,929,987 | |
1,245 | 2 | Charter Communications, Inc. | 838,445 |
36,268 | Comcast Corp., Class A | 2,036,448 | |
1,194 | 2 | Discovery, Inc., Class A | 44,966 |
2,238 | 2 | Discovery, Inc., Class C | 72,310 |
1,863 | 2 | DISH Network Corp., Class A | 83,444 |
2,660 | Electronic Arts, Inc. | 377,933 | |
20,510 | 2 | Facebook, Inc. | 6,667,391 |
2,985 | Fox Corp., Class A | 111,699 | |
1,652 | Fox Corp., Class B | 60,100 | |
8,051 | Interpublic Group of Cos., Inc. | 255,619 | |
10,389 | Lumen Technologies, Inc. | 133,291 | |
3,479 | 2 | Netflix, Inc. | 1,786,362 |
5,906 | News Corp., Inc., Class A | 154,708 | |
3,822 | News Corp., Inc., Class B | 92,913 | |
2,188 | Omnicom Group, Inc. | 179,985 | |
5,060 | 2 | T-Mobile USA, Inc. | 668,578 |
1,145 | 2 | Take-Two Interactive Software, Inc. | 200,810 |
6,351 | 2 | Twitter, Inc. | 350,702 |
35,609 | Verizon Communications, Inc. | 2,057,844 | |
4,525 | ViacomCBS Inc., Class B | 185,616 | |
15,460 | 2 | Walt Disney Co. | 2,875,869 |
TOTAL | 33,555,965 | ||
Consumer Discretionary—12.1% | |||
3,585 | 2 | Amazon.com, Inc. | 12,430,701 |
2,102 | 2 | Aptiv PLC | 302,457 |
167 | 2 | AutoZone, Inc. | 244,508 |
3,195 | Best Buy Co., Inc. | 371,483 | |
288 | 2 | Booking Holdings, Inc. | 710,231 |
1,444 | BorgWarner, Inc. | 70,150 | |
1,488 | 2 | Caesars Entertainment Corp. | 145,586 |
1,170 | 2 | CarMax, Inc. | 155,891 |
Shares | Value | ||
1 | COMMON STOCKS—continued | ||
Consumer Discretionary—continued | |||
6,670 | 2 | Carnival Corp. | $186,493 |
258 | 2 | Chipotle Mexican Grill, Inc. | 384,944 |
1,108 | D. R. Horton, Inc. | 108,905 | |
2,110 | Darden Restaurants, Inc. | 309,579 | |
2,236 | Dollar General Corp. | 480,181 | |
1,728 | 2 | Dollar Tree, Inc. | 198,547 |
406 | Domino’s Pizza, Inc. | 171,470 | |
5,363 | eBay, Inc. | 299,202 | |
1,740 | 2 | Etsy, Inc. | 345,895 |
396 | 2 | Expedia Group, Inc. | 69,787 |
30,905 | 2 | Ford Motor Co. | 356,644 |
835 | Gap (The), Inc. | 27,639 | |
1,492 | Garmin Ltd. | 204,762 | |
10,284 | 2 | General Motors Co. | 588,450 |
983 | Genuine Parts Co. | 122,846 | |
1,580 | Hanesbrands, Inc. | 33,275 | |
790 | Hasbro, Inc. | 78,566 | |
2,579 | 2 | Hilton Worldwide Holdings, Inc. | 331,917 |
9,035 | Home Depot, Inc. | 2,924,358 | |
4,318 | 2 | L Brands, Inc. | 284,556 |
617 | 2 | Las Vegas Sands Corp. | 37,797 |
3,814 | Lennar Corp., Class A | 395,130 | |
1,723 | 2 | LKQ Corp. | 80,481 |
7,006 | Lowe’s Cos., Inc. | 1,374,927 | |
3,168 | 2 | Marriott International, Inc., Class A | 470,511 |
6,452 | McDonald’s Corp. | 1,523,188 | |
2,773 | MGM Resorts International | 112,917 | |
1,267 | 2 | Mohawk Industries, Inc. | 260,368 |
2,137 | Newell Brands, Inc. | 57,614 | |
10,591 | Nike, Inc., Class B | 1,404,578 | |
4,053 | 2 | Norwegian Cruise Line Holdings Ltd. | 125,846 |
23 | 2 | NVR, Inc. | 115,416 |
540 | 2 | O’Reilly Automotive, Inc. | 298,555 |
1,010 | 2 | Penn National Gaming, Inc. | 90,011 |
258 | Pool Corp. | 109,010 | |
1,673 | Pulte Group, Inc. | 98,908 | |
1,937 | 2 | PVH Corp. | 219,230 |
180 | 2 | Ralph Lauren Corp. | 23,992 |
Shares | Value | ||
1 | COMMON STOCKS—continued | ||
Consumer Discretionary—continued | |||
2,792 | Ross Stores, Inc. | $365,584 | |
268 | 2 | Royal Caribbean Cruises, Ltd. | 23,303 |
10,250 | Starbucks Corp. | 1,173,522 | |
1,738 | 2 | Tapestry, Inc. | 83,163 |
4,237 | Target Corp. | 878,161 | |
6,472 | 2 | Tesla, Inc. | 4,591,496 |
9,860 | TJX Cos., Inc. | 700,060 | |
821 | Tractor Supply Co. | 154,841 | |
390 | 2 | Ulta Beauty, Inc. | 128,446 |
1,002 | 2 | Under Armour, Inc., Class A | 24,359 |
930 | 2 | Under Armour, Inc., Class C | 18,516 |
3,080 | V.F. Corp. | 269,993 | |
402 | Whirlpool Corp. | 95,053 | |
1,100 | 2 | Wynn Resorts Ltd. | 141,240 |
2,805 | Yum! Brands, Inc. | 335,254 | |
TOTAL | 37,720,493 | ||
Consumer Staples—5.9% | |||
16,326 | Altria Group, Inc. | 779,566 | |
2,298 | Archer-Daniels-Midland Co. | 145,073 | |
1,515 | Brown-Forman Corp., Class B | 115,564 | |
2,290 | Campbell Soup Co. | 109,347 | |
2,404 | Church and Dwight, Inc. | 206,119 | |
1,220 | Clorox Co. | 222,650 | |
7,569 | Colgate-Palmolive Co. | 610,818 | |
4,212 | Conagra Brands, Inc. | 156,223 | |
2,051 | Constellation Brands, Inc., Class A | 492,896 | |
3,843 | Costco Wholesale Corp. | 1,429,942 | |
1,930 | Estee Lauder Cos., Inc., Class A | 605,634 | |
5,657 | General Mills, Inc. | 344,285 | |
343 | Hershey Foods Corp. | 56,355 | |
2,965 | Hormel Foods Corp. | 136,983 | |
2,623 | Kellogg Co. | 163,728 | |
3,080 | Kimberly-Clark Corp. | 410,626 | |
4,778 | Kraft Heinz Co./The | 197,284 | |
7,270 | Kroger Co. | 265,646 | |
3,000 | Lamb Weston Holdings, Inc. | 241,500 | |
1,787 | McCormick & Co., Inc. | 161,473 | |
1,025 | 2 | Molson Coors Beverage Company, Class B | 56,324 |
Shares | Value | ||
1 | COMMON STOCKS—continued | ||
Consumer Staples—continued | |||
9,554 | Mondelez International, Inc. | $580,979 | |
4,735 | 2 | Monster Beverage Corp. | 459,532 |
11,917 | PepsiCo, Inc. | 1,717,955 | |
11,661 | Philip Morris International, Inc. | 1,107,795 | |
21,111 | Procter & Gamble Co. | 2,816,630 | |
1,157 | Smucker (J.M.) Co. | 151,555 | |
3,974 | Sysco Corp. | 336,717 | |
33,462 | The Coca-Cola Co. | 1,806,279 | |
4,327 | Tyson Foods, Inc., Class A | 335,126 | |
6,204 | Walgreens Boots Alliance, Inc. | 329,432 | |
11,979 | WalMart, Inc. | 1,675,982 | |
TOTAL | 18,226,018 | ||
Energy—2.5% | |||
10,511 | APA Corp. | 210,220 | |
4,962 | Baker Hughes a GE Co. LLC | 99,637 | |
16,555 | Chevron Corp. | 1,706,324 | |
10,968 | ConocoPhillips | 560,903 | |
11,311 | Devon Energy Corp. | 264,451 | |
3,404 | Diamondback Energy, Inc. | 278,209 | |
4,543 | EOG Resources, Inc. | 334,546 | |
36,413 | Exxon Mobil Corp. | 2,084,280 | |
13,879 | Halliburton Co. | 271,473 | |
1,901 | Hess Corp. | 141,643 | |
14,734 | Kinder Morgan, Inc. | 251,215 | |
4,066 | Marathon Oil Corp. | 45,783 | |
4,994 | Marathon Petroleum Corp. | 277,916 | |
1,438 | 2 | NOV, Inc. | 21,498 |
6,057 | Occidental Petroleum Corp. | 153,606 | |
3,192 | ONEOK, Inc. | 167,069 | |
1,979 | Phillips 66 | 160,121 | |
1,572 | Pioneer Natural Resources, Inc. | 241,821 | |
10,832 | Schlumberger Ltd. | 293,006 | |
1,559 | Valero Energy Corp. | 115,304 | |
9,063 | Williams Cos., Inc. | 220,775 | |
TOTAL | 7,899,800 | ||
Financials—11.0% | |||
8,148 | Aflac, Inc. | 437,792 | |
3,781 | Allstate Corp. | 479,431 |
Shares | Value | ||
1 | COMMON STOCKS—continued | ||
Financials—continued | |||
4,551 | American Express Co. | $697,896 | |
6,749 | American International Group, Inc. | 326,989 | |
1,610 | Ameriprise Financial, Inc. | 416,024 | |
2,543 | Aon PLC | 639,412 | |
610 | Assurant, Inc. | 94,916 | |
64,458 | Bank of America Corp. | 2,612,483 | |
6,976 | Bank of New York Mellon Corp. | 347,963 | |
1,557 | Berkley, W. R. Corp. | 124,124 | |
16,289 | 2 | Berkshire Hathaway, Inc., Class B | 4,478,661 |
1,166 | BlackRock, Inc. | 955,304 | |
3,677 | Capital One Financial Corp. | 548,167 | |
1,184 | Cboe Global Markets, Inc. | 123,574 | |
10,570 | Charles Schwab Corp. | 744,128 | |
3,987 | Chubb Ltd. | 684,129 | |
17,329 | Citigroup, Inc. | 1,234,518 | |
2,987 | Citizens Financial Group, Inc. | 138,238 | |
3,183 | CME Group, Inc. | 642,934 | |
3,171 | Comerica, Inc. | 238,332 | |
4,071 | Discover Financial Services | 464,094 | |
451 | Everest Re Group Ltd. | 124,904 | |
5,312 | Fifth Third Bancorp | 215,348 | |
670 | First Republic Bank | 122,771 | |
1,385 | Franklin Resources, Inc. | 41,550 | |
533 | Gallagher (Arthur J.) & Co. | 77,258 | |
525 | Globe Life, Inc. | 53,807 | |
2,838 | Goldman Sachs Group, Inc. | 988,901 | |
6,912 | Huntington Bancshares, Inc. | 105,892 | |
5,018 | Intercontinental Exchange, Inc. | 590,669 | |
2,075 | Invesco Ltd. | 56,025 | |
26,068 | JPMorgan Chase & Co. | 4,009,519 | |
15,003 | KeyCorp | 326,465 | |
1,095 | Lincoln National Corp. | 70,222 | |
1,394 | Loews Corp. | 77,716 | |
1,272 | M & T Bank Corp. | 200,582 | |
290 | MarketAxess Holdings, Inc. | 141,653 | |
3,134 | Marsh & McLennan Cos., Inc. | 425,284 | |
5,923 | MetLife, Inc. | 376,881 | |
1,463 | Moody’s Corp. | 477,977 |
Shares | Value | ||
1 | COMMON STOCKS—continued | ||
Financials—continued | |||
11,058 | Morgan Stanley | $912,838 | |
1,047 | MSCI, Inc., Class A | 508,601 | |
785 | NASDAQ, Inc. | 126,809 | |
2,038 | Northern Trust Corp. | 231,924 | |
11,397 | People’s United Financial, Inc. | 206,628 | |
3,441 | PNC Financial Services Group | 643,295 | |
1,687 | Principal Financial Group, Inc. | 107,749 | |
5,281 | Progressive Corp., OH | 532,008 | |
3,066 | Prudential Financial, Inc. | 307,704 | |
806 | Raymond James Financial, Inc. | 105,409 | |
6,841 | Regions Financial Corp. | 149,134 | |
1,639 | S&P Global, Inc. | 639,849 | |
2,655 | State Street Corp. | 222,887 | |
186 | 2 | SVB Financial Group | 106,360 |
8,014 | Synchrony Financial | 350,532 | |
2,098 | T. Rowe Price Group, Inc. | 375,962 | |
971 | The Hartford Financial Services Group, Inc. | 64,047 | |
2,319 | The Travelers Cos., Inc. | 358,657 | |
10,956 | Truist Financial Corp. | 649,800 | |
12,097 | U.S. Bancorp | 717,957 | |
6,665 | Unum Group | 188,353 | |
31,632 | Wells Fargo & Co. | 1,425,022 | |
1,221 | Willis Towers Watson PLC | 316,068 | |
903 | Zions Bancorporation, N.A. | 50,387 | |
TOTAL | 34,210,513 | ||
Health Care—12.4% | |||
15,268 | Abbott Laboratories | 1,833,381 | |
15,203 | AbbVie, Inc. | 1,695,135 | |
290 | 2 | Abiomed, Inc. | 93,012 |
3,732 | Agilent Technologies, Inc. | 498,745 | |
2,794 | 2 | Alexion Pharmaceuticals, Inc. | 471,292 |
338 | 2 | Align Technology, Inc. | 201,289 |
1,159 | AmerisourceBergen Corp. | 140,007 | |
5,015 | Amgen, Inc. | 1,201,795 | |
2,139 | Anthem, Inc. | 811,515 | |
2,526 | Baxter International, Inc. | 216,453 | |
2,583 | Becton Dickinson & Co. | 642,676 | |
1,400 | 2 | Biogen, Inc. | 374,262 |
Shares | Value | ||
1 | COMMON STOCKS—continued | ||
Health Care—continued | |||
8,344 | 2 | Boston Scientific Corp. | $363,798 |
21,264 | Bristol-Myers Squibb Co. | 1,327,299 | |
2,974 | Cardinal Health, Inc. | 179,451 | |
1,174 | 2 | Catalent, Inc. | 132,040 |
7,145 | 2 | Centene Corp. | 441,132 |
4,558 | Cerner Corp. | 342,078 | |
2,937 | CIGNA Corp. | 731,342 | |
46 | Cooper Cos., Inc. | 18,901 | |
11,503 | CVS Health Corp. | 878,829 | |
5,508 | Danaher Corp. | 1,398,702 | |
417 | 2 | Davita, Inc. | 48,593 |
1,919 | Dentsply Sirona, Inc. | 129,552 | |
787 | 2 | Dexcom, Inc. | 303,861 |
3,512 | 2 | Edwards Lifesciences Corp. | 335,466 |
6,902 | Eli Lilly & Co. | 1,261,479 | |
11,100 | Gilead Sciences, Inc. | 704,517 | |
2,997 | HCA Healthcare, Inc. | 602,577 | |
1,624 | 2 | Henry Schein, Inc. | 117,740 |
1,789 | 2 | Hologic, Inc. | 117,269 |
1,024 | Humana, Inc. | 455,926 | |
1,015 | 2 | IDEXX Laboratories, Inc. | 557,225 |
1,169 | 2 | Illumina, Inc. | 459,230 |
1,200 | 2 | Intuitive Surgical, Inc. | 1,038,000 |
1,472 | 2 | IQVIA Holdings, Inc. | 345,464 |
22,478 | Johnson & Johnson | 3,657,845 | |
711 | 2 | Laboratory Corp. of America Holdings | 189,034 |
2,097 | McKesson Corp. | 393,313 | |
10,255 | Medtronic PLC | 1,342,585 | |
19,649 | Merck & Co., Inc. | 1,463,851 | |
173 | 2 | Mettler-Toledo International, Inc. | 227,204 |
2,061 | PerkinElmer, Inc. | 267,167 | |
1,802 | Perrigo Co. PLC | 75,017 | |
48,109 | Pfizer, Inc. | 1,859,413 | |
1,358 | Quest Diagnostics, Inc. | 179,093 | |
597 | 2 | Regeneron Pharmaceuticals, Inc. | 287,336 |
1,386 | ResMed, Inc. | 260,526 | |
874 | STERIS PLC | 184,431 | |
2,899 | Stryker Corp. | 761,364 |
Shares | Value | ||
1 | COMMON STOCKS—continued | ||
Health Care—continued | |||
465 | Teleflex, Inc. | $196,453 | |
3,278 | Thermo Fisher Scientific, Inc. | 1,541,414 | |
8,098 | UnitedHealth Group, Inc. | 3,229,482 | |
459 | Universal Health Services, Inc., Class B | 68,120 | |
2,337 | 2 | Vertex Pharmaceuticals, Inc. | 509,933 |
9,642 | 2 | Viatris, Inc. | 128,239 |
423 | 2 | Waters Corp. | 126,845 |
106 | West Pharmaceutical Services, Inc. | 34,823 | |
1,587 | Zimmer Biomet Holdings, Inc. | 281,153 | |
4,146 | Zoetis, Inc. | 717,382 | |
TOTAL | 38,452,056 | ||
Industrials—8.4% | |||
5,060 | 3M Co. | 997,528 | |
656 | 2 | Alaska Air Group, Inc. | 45,356 |
1,000 | Allegion PLC | 134,380 | |
1,725 | Ametek, Inc. | 232,754 | |
4,106 | 2 | Boeing Co. | 962,077 |
3,505 | Carrier Global Corp. | 152,748 | |
4,505 | Caterpillar, Inc. | 1,027,636 | |
665 | Cintas Corp. | 229,518 | |
3,054 | 2 | Copart, Inc. | 380,254 |
6,350 | CSX Corp. | 639,762 | |
1,151 | Cummins, Inc. | 290,098 | |
3,029 | Deere & Co. | 1,123,305 | |
4,843 | 2 | Delta Air Lines, Inc. | 227,234 |
1,424 | Dover Corp. | 212,447 | |
3,172 | Eaton Corp. PLC | 453,374 | |
4,777 | Emerson Electric Co. | 432,271 | |
986 | Equifax, Inc. | 226,021 | |
1,708 | Expeditors International Washington, Inc. | 187,641 | |
5,465 | Fastenal Co. | 285,710 | |
1,962 | FedEx Corp. | 569,588 | |
4,931 | Fortive Corp. | 349,213 | |
870 | Fortune Brands Home & Security, Inc. | 91,333 | |
442 | 2 | Generac Holdings, Inc. | 143,186 |
1,183 | General Dynamics Corp. | 225,042 | |
63,784 | General Electric Co. | 836,846 | |
5,247 | Honeywell International, Inc. | 1,170,291 |
Shares | Value | ||
1 | COMMON STOCKS—continued | ||
Industrials—continued | |||
2,426 | 2 | Howmet Aerospace, Inc. | $77,535 |
766 | Hunt (J.B.) Transportation Services, Inc. | 130,764 | |
483 | Huntington Ingalls Industries, Inc. | 102,551 | |
784 | IDEX Corp. | 175,773 | |
1,691 | IHS Markit Ltd. | 181,918 | |
2,572 | Illinois Tool Works, Inc. | 592,743 | |
5,988 | 2 | Ingersoll-Rand, Inc. | 295,867 |
878 | Jacobs Engineering Group, Inc. | 117,310 | |
8,396 | Johnson Controls International PLC | 523,407 | |
645 | Kansas City Southern Industries, Inc. | 188,475 | |
1,887 | L3Harris Technologies, Inc. | 394,817 | |
1,421 | Leidos Holdings, Inc. | 143,919 | |
1,699 | Lockheed Martin Corp. | 646,571 | |
1,689 | Masco Corp. | 107,893 | |
3,115 | Nielsen Holdings PLC | 79,900 | |
2,030 | Norfolk Southern Corp. | 566,857 | |
869 | Northrop Grumman Corp. | 308,008 | |
1,424 | Old Dominion Freight Lines, Inc. | 367,121 | |
3,727 | Otis Worldwide Corp. | 290,221 | |
2,648 | PACCAR, Inc. | 238,002 | |
1,541 | Parker-Hannifin Corp. | 483,581 | |
950 | Pentair PLC | 61,285 | |
2,812 | Quanta Services, Inc. | 271,752 | |
11,089 | Raytheon Technologies Corp. | 923,048 | |
2,076 | Republic Services, Inc. | 220,679 | |
2,773 | Robert Half International, Inc. | 242,943 | |
1,093 | Rockwell Automation, Inc. | 288,836 | |
2,730 | Rollins, Inc. | 101,774 | |
960 | Roper Technologies, Inc. | 428,582 | |
1,566 | Smith (A.O.) Corp. | 106,096 | |
1,083 | Snap-On, Inc. | 257,321 | |
4,550 | 2 | Southwest Airlines Co. | 285,649 |
1,223 | Stanley Black & Decker, Inc. | 252,880 | |
386 | 2 | Teledyne Technologies, Inc. | 172,831 |
1,417 | Textron, Inc. | 91,028 | |
2,191 | Trane Technologies PLC | 380,862 | |
229 | 2 | Transdigm Group, Inc. | 140,546 |
5,643 | Union Pacific Corp. | 1,253,254 |
Shares | Value | ||
1 | COMMON STOCKS—continued | ||
Industrials—continued | |||
2,240 | 2 | United Airlines Holdings, Inc. | $121,856 |
6,982 | United Parcel Service, Inc. | 1,423,351 | |
1,054 | 2 | United Rentals, Inc. | 337,227 |
1,546 | Verisk Analytics, Inc. | 290,957 | |
328 | W.W. Grainger, Inc. | 142,201 | |
1,138 | Wabtec Corp. | 93,396 | |
2,150 | Waste Management, Inc. | 296,635 | |
1,800 | Xylem, Inc. | 199,170 | |
TOTAL | 26,023,005 | ||
Information Technology—25.8% | |||
5,908 | Accenture PLC | 1,713,143 | |
4,131 | 2 | Adobe, Inc. | 2,099,953 |
8,482 | 2 | Advanced Micro Devices, Inc. | 692,301 |
4,651 | Amphenol Corp., Class A | 313,198 | |
2,189 | Analog Devices, Inc. | 335,267 | |
781 | 2 | Ansys, Inc. | 285,581 |
133,657 | Apple, Inc. | 17,570,549 | |
7,565 | Applied Materials, Inc. | 1,003,951 | |
1,759 | 2 | Autodesk, Inc. | 513,470 |
3,782 | Automatic Data Processing, Inc. | 707,196 | |
3,766 | Broadcom, Inc. | 1,718,049 | |
16 | Broadridge Financial Solutions | 2,538 | |
3,500 | 2 | Cadence Design Systems, Inc. | 461,195 |
1,017 | CDW Corp. | 181,362 | |
36,395 | Cisco Systems, Inc. | 1,852,869 | |
1,257 | Citrix Systems, Inc. | 155,679 | |
4,194 | Cognizant Technology Solutions Corp. | 337,198 | |
5,840 | Corning, Inc. | 258,186 | |
1,162 | 2 | DXC Technology Co. | 38,241 |
930 | 2 | Enphase Energy, Inc. | 129,503 |
1,225 | 2 | F5 Networks, Inc. | 228,781 |
5,466 | Fidelity National Information Services, Inc. | 835,751 | |
5,114 | 2 | Fiserv, Inc. | 614,294 |
739 | 2 | FleetCor Technologies, Inc. | 212,625 |
987 | 2 | Fortinet, Inc. | 201,575 |
1,520 | 2 | Gartner, Inc., Class A | 297,738 |
2,369 | Global Payments, Inc. | 508,459 | |
835 | Henry Jack & Associates, Inc. | 135,963 |
Shares | Value | ||
1 | COMMON STOCKS—continued | ||
Information Technology—continued | |||
9,235 | Hewlett Packard Enterprise Co. | $147,945 | |
9,700 | HP, Inc. | 330,867 | |
7,798 | IBM Corp. | 1,106,380 | |
36,678 | Intel Corp. | 2,110,085 | |
2,291 | Intuit, Inc. | 944,259 | |
171 | 2 | IPG Photonics Corp. | 37,126 |
1,669 | Juniper Networks, Inc. | 42,376 | |
1,372 | 2 | Keysight Technologies, Inc. | 198,048 |
1,309 | KLA Corp. | 412,793 | |
952 | Lam Research Corp. | 590,668 | |
7,056 | Mastercard, Inc. | 2,695,815 | |
2,593 | Maxim Integrated Products, Inc. | 243,742 | |
3,251 | Microchip Technology, Inc. | 488,593 | |
9,258 | 2 | Micron Technology, Inc. | 796,836 |
63,382 | Microsoft Corp. | 15,983,673 | |
370 | Monolithic Power Systems | 133,711 | |
1,571 | Motorola, Inc. | 295,819 | |
1,489 | NetApp, Inc. | 111,213 | |
5,244 | NVIDIA Corp. | 3,148,393 | |
2,492 | NXP Semiconductors NV | 479,735 | |
16,158 | Oracle Corp. | 1,224,615 | |
2,434 | Paychex, Inc. | 237,291 | |
339 | 2 | Paycom Software, Inc. | 130,315 |
10,526 | 2 | PayPal Holdings, Inc. | 2,760,865 |
892 | 2 | PTC, Inc. | 116,799 |
917 | 2 | Qorvo, Inc. | 172,552 |
9,831 | Qualcomm, Inc. | 1,364,543 | |
7,652 | 2 | Salesforce.com, Inc. | 1,762,409 |
2,085 | Seagate Technology PLC | 193,571 | |
1,965 | 2 | ServiceNow, Inc. | 995,017 |
1,416 | Skyworks Solutions, Inc. | 256,763 | |
1,911 | 2 | Synopsys, Inc. | 472,132 |
3,873 | TE Connectivity Ltd. | 520,802 | |
1,164 | Teradyne, Inc. | 145,593 | |
7,002 | Texas Instruments, Inc. | 1,263,931 | |
4,013 | 2 | Trimble, Inc. | 329,066 |
412 | 2 | Tyler Technologies, Inc. | 175,042 |
99 | 2 | Verisign, Inc. | 21,658 |
Shares | Value | ||
1 | COMMON STOCKS—continued | ||
Information Technology—continued | |||
14,518 | Visa, Inc., Class A | $3,390,824 | |
2,191 | 2 | Western Digital Corp. | 154,750 |
4,611 | Western Union Co. | 118,779 | |
2,315 | Xilinx, Inc. | 296,227 | |
758 | 2 | Zebra Technologies Corp., Class A | 369,707 |
TOTAL | 80,175,943 | ||
Materials—2.5% | |||
1,355 | Air Products & Chemicals, Inc. | 390,890 | |
805 | Albemarle Corp. | 135,377 | |
881 | Amcor PLC | 10,352 | |
575 | Avery Dennison Corp. | 123,148 | |
1,081 | Ball Corp. | 101,225 | |
23 | Celanese Corp. | 3,603 | |
1,258 | CF Industries Holdings, Inc. | 61,177 | |
6,193 | Corteva, Inc. | 301,971 | |
6,125 | Dow, Inc. | 382,812 | |
6,361 | DuPont de Nemours, Inc. | 490,497 | |
903 | Eastman Chemical Co. | 104,197 | |
1,439 | Ecolab, Inc. | 322,509 | |
1,353 | FMC Corp. | 159,979 | |
16,342 | 2 | Freeport-McMoRan, Inc. | 616,257 |
2,314 | International Flavors & Fragrances, Inc. | 328,981 | |
3,199 | International Paper Co. | 185,542 | |
4,541 | Linde PLC | 1,297,999 | |
1,923 | LyondellBasell Industries N.V. | 199,492 | |
446 | Martin Marietta Materials | 157,491 | |
2,087 | Mosaic Co./The | 73,421 | |
9,048 | Newmont Corp. | 564,686 | |
2,129 | Nucor Corp. | 175,132 | |
871 | Packaging Corp. of America | 128,603 | |
2,132 | PPG Industries, Inc. | 365,084 | |
4,376 | Sealed Air Corp. | 216,174 | |
2,142 | Sherwin-Williams Co. | 586,629 | |
957 | Vulcan Materials Co. | 170,576 | |
4,926 | WestRock Co. | 274,624 | |
TOTAL | 7,928,428 |
Shares | Value | ||
1 | COMMON STOCKS—continued | ||
Real Estate—2.5% | |||
246 | Alexandria Real Estate Equities, Inc. | $44,551 | |
3,897 | American Tower Corp. | 992,839 | |
1,298 | Avalonbay Communities, Inc. | 249,216 | |
1,055 | Boston Properties, Inc. | 115,364 | |
4,641 | 2 | CBRE Group, Inc. | 395,413 |
3,830 | Crown Castle International Corp. | 724,100 | |
1,338 | Digital Realty Trust, Inc. | 206,467 | |
3,847 | Duke Realty Corp. | 178,962 | |
975 | Equinix, Inc. | 702,741 | |
997 | Equity Residential Properties Trust | 74,007 | |
650 | Essex Property Trust, Inc. | 188,838 | |
1,333 | Extra Space Storage, Inc. | 198,204 | |
357 | Federal Realty Investment Trust | 40,284 | |
4,673 | Healthpeak Properties, Inc. | 160,471 | |
1,780 | Iron Mountain, Inc. | 71,414 | |
1,163 | Mid-American Apartment Communities, Inc. | 182,975 | |
6,549 | ProLogis, Inc. | 763,155 | |
1,406 | Public Storage | 395,311 | |
2,723 | Realty Income Corp. | 188,295 | |
851 | Regency Centers Corp. | 54,175 | |
1,453 | SBA Communications Corp. | 435,493 | |
2,547 | Simon Property Group, Inc. | 310,072 | |
3,143 | UDR, Inc. | 145,992 | |
5,732 | Ventas, Inc. | 317,897 | |
3,150 | Welltower, Inc. | 236,344 | |
10,422 | Weyerhaeuser Co. | 404,061 | |
TOTAL | 7,776,641 | ||
Utilities—2.6% | |||
11,074 | AES Corp. | 308,079 | |
2,663 | Alliant Energy Corp. | 149,581 | |
360 | Ameren Corp. | 30,542 | |
4,554 | American Electric Power Co., Inc. | 403,985 | |
1,337 | American Water Works Co., Inc. | 208,559 | |
787 | Atmos Energy Corp. | 81,525 | |
11,086 | CenterPoint Energy, Inc. | 271,496 | |
30 | CMS Energy Corp. | 1,932 | |
3,294 | Consolidated Edison Co. | 254,989 | |
7,218 | Dominion Energy, Inc. | 576,718 |
Shares | Value | ||
1 | COMMON STOCKS—continued | ||
Utilities—continued | |||
2,725 | DTE Energy Co. | $381,554 | |
8,044 | Duke Energy Corp. | 809,950 | |
3,140 | Edison International | 186,673 | |
268 | Entergy Corp. | 29,290 | |
1,583 | Evergy, Inc. | 101,265 | |
3,256 | EverSource Energy | 280,732 | |
8,350 | Exelon Corp. | 375,249 | |
550 | FirstEnergy Corp. | 20,856 | |
16,233 | NextEra Energy, Inc. | 1,258,220 | |
4,397 | NiSource, Inc. | 114,410 | |
5,937 | NRG Energy, Inc. | 212,663 | |
1,309 | Pinnacle West Capital Corp. | 110,807 | |
5,578 | PPL Corp. | 162,487 | |
4,226 | Public Service Enterprises Group, Inc. | 266,914 | |
2,784 | Sempra Energy | 382,995 | |
9,430 | Southern Co. | 623,983 | |
2,996 | WEC Energy Group, Inc. | 291,121 | |
2,309 | Xcel Energy, Inc. | 164,632 | |
TOTAL | 8,061,207 | ||
TOTAL COMMON STOCKS (IDENTIFIED COST $70,956,787) | 300,030,069 | ||
INVESTMENT COMPANY—3.5% | |||
10,879,269 | Federated Hermes Institutional Prime Value Obligations Fund, Institutional Shares, 0.05%3 (IDENTIFIED COST $10,880,755) | 10,881,444 | |
TOTAL INVESTMENT IN SECURITIES—100.0% (IDENTIFIED COST $81,837,542)4 | 310,911,513 | ||
OTHER ASSETS AND LIABILITIES - NET—(0.0)%5 | (15,855) | ||
TOTAL NET ASSETS—100% | $310,895,658 |
Description | Number of Contracts | Notional Value | Expiration Date | Value and Unrealized Appreciation |
Long Futures | ||||
2S&P 500 E-Mini Index | 55 | $11,479,875 | June 2021 | $682,956 |
Federated Hermes Government Obligations Fund, Premier Shares* | Federated Hermes Institutional Prime Value Obligations Fund, Institutional Shares | Total Affiliated Transactions | |
Value as of 10/31/2020 | $— | $4,231,867 | $4,231,867 |
Purchases at Cost | 296,751 | 32,717,011 | 33,013,762 |
Proceeds from Sales | (296,751) | (26,066,066) | (26,362,817) |
Change in Unrealized Appreciation/Depreciation | N/A | $(81) | $(81) |
Net Realized Gain/(Loss) | N/A | $(1,287) | $(1,287) |
Value as of 4/30/2021 | $— | $10,881,444 | $10,881,444 |
Shares Held as of 4/30/2021 | — | 10,879,269 | 10,879,269 |
Dividend Income | $— | $3,345 | $3,345 |
Six Months Ended (unaudited) 4/30/2021 | Year Ended October 31, | |||||
2020 | 2019 | 2018 | 2017 | 2016 | ||
Net Asset Value, Beginning of Period | $9.21 | $9.91 | $12.74 | $15.09 | $14.54 | $16.06 |
Income From Investment Operations: | ||||||
Net investment income | 0.011 | 0.041 | 0.061 | 0.061 | 0.09 | 0.11 |
Net realized and unrealized gain | 2.31 | 0.68 | 1.03 | 0.75 | 2.75 | 0.32 |
TOTAL FROM INVESTMENT OPERATIONS | 2.32 | 0.72 | 1.09 | 0.81 | 2.84 | 0.43 |
Less Distributions: | ||||||
Distributions from net investment income | (0.02) | (0.05) | (0.06) | (0.07) | (0.09) | (0.11) |
Distributions from net realized gain | (1.99) | (1.37) | (3.86) | (3.09) | (2.20) | (1.84) |
TOTAL DISTRIBUTIONS | (2.01) | (1.42) | (3.92) | (3.16) | (2.29) | (1.95) |
Net Asset Value, End of Period | $9.52 | $9.21 | $9.91 | $12.74 | $15.09 | $14.54 |
Total Return2 | 28.00% | 8.04% | 12.59% | 6.09% | 22.22% | 3.19% |
Ratios to Average Net Assets: | ||||||
Net expenses3 | 1.41%4 | 1.42%5 | 1.41% | 1.41% | 1.42% | 1.42% |
Net investment income | 0.20%4 | 0.46% | 0.61% | 0.48% | 0.60% | 0.75% |
Expense waiver/reimbursement6 | 0.11%4 | 0.12% | 0.10% | 0.06% | 0.05% | 0.05% |
Supplemental Data: | ||||||
Net assets, end of period (000 omitted) | $33,617 | $30,451 | $35,742 | $37,324 | $41,904 | $36,956 |
Portfolio turnover | 16% | 29% | 32% | 30% | 31% | 31% |
Six Months Ended (unaudited) 4/30/2021 | Year Ended October 31, | |||||
2020 | 2019 | 2018 | 2017 | 2016 | ||
Net Asset Value, Beginning of Period | $9.44 | $10.12 | $12.92 | $15.27 | $14.68 | $16.19 |
Income From Investment Operations: | ||||||
Net investment income | 0.021 | 0.071 | 0.091 | 0.101 | 0.12 | 0.15 |
Net realized and unrealized gain | 2.38 | 0.70 | 1.06 | 0.74 | 2.80 | 0.34 |
TOTAL FROM INVESTMENT OPERATIONS | 2.40 | 0.77 | 1.15 | 0.84 | 2.92 | 0.49 |
Less Distributions: | ||||||
Distributions from net investment income | (0.03) | (0.08) | (0.09) | (0.10) | (0.13) | (0.16) |
Distributions from net realized gain | (1.99) | (1.37) | (3.86) | (3.09) | (2.20) | (1.84) |
TOTAL DISTRIBUTIONS | (2.02) | (1.45) | (3.95) | (3.19) | (2.33) | (2.00) |
Net Asset Value, End of Period | $9.82 | $9.44 | $10.12 | $12.92 | $15.27 | $14.68 |
Total Return2 | 28.24% | 8.39% | 13.00% | 6.31% | 22.65% | 3.56% |
Ratios to Average Net Assets: | ||||||
Net expenses3 | 1.07%4 | 1.11%5 | 1.08% | 1.11% | 1.11% | 1.10% |
Net investment income | 0.53%4 | 0.75% | 0.94% | 0.79% | 0.92% | 1.07% |
Expense waiver/reimbursement6 | 0.11%4 | 0.12% | 0.11% | 0.07% | 0.07% | 0.08% |
Supplemental Data: | ||||||
Net assets, end of period (000 omitted) | $42,150 | $35,879 | $38,142 | $41,765 | $47,867 | $47,998 |
Portfolio turnover | 16% | 29% | 32% | 30% | 31% | 31% |
Six Months Ended (unaudited) 4/30/2021 | Year Ended October 31, | |||||
2020 | 2019 | 2018 | 2017 | 2016 | ||
Net Asset Value, Beginning of Period | $9.64 | $10.31 | $13.09 | $15.42 | $14.80 | $16.31 |
Income From Investment Operations: | ||||||
Net investment income | 0.061 | 0.141 | 0.161 | 0.211 | 0.25 | 0.28 |
Net realized and unrealized gain | 2.44 | 0.70 | 1.08 | 0.75 | 2.80 | 0.31 |
TOTAL FROM INVESTMENT OPERATIONS | 2.50 | 0.84 | 1.24 | 0.96 | 3.05 | 0.59 |
Less Distributions: | ||||||
Distributions from net investment income | (0.06) | (0.14) | (0.16) | (0.20) | (0.23) | (0.26) |
Distributions from net realized gain | (1.99) | (1.37) | (3.86) | (3.09) | (2.20) | (1.84) |
TOTAL DISTRIBUTIONS | (2.05) | (1.51) | (4.02) | (3.29) | (2.43) | (2.10) |
Net Asset Value, End of Period | $10.09 | $9.64 | $10.31 | $13.09 | $15.42 | $14.80 |
Total Return2 | 28.83% | 9.16% | 13.76% | 7.16% | 23.55% | 4.30% |
Ratios to Average Net Assets: | ||||||
Net expenses3 | 0.36%4 | 0.36%5 | 0.36% | 0.36% | 0.36% | 0.35% |
Net investment income | 1.23%4 | 1.50% | 1.66% | 1.56% | 1.67% | 1.82% |
Expense waiver/reimbursement6 | 0.15%4 | 0.16% | 0.13% | 0.11% | 0.08% | 0.09% |
Supplemental Data: | ||||||
Net assets, end of period (000 omitted) | $147,607 | $119,545 | $133,835 | $137,792 | $201,836 | $208,577 |
Portfolio turnover | 16% | 29% | 32% | 30% | 31% | 31% |
Six Months Ended (unaudited) 4/30/2021 | Year Ended October 31, | |||||
2020 | 2019 | 2018 | 2017 | 2016 | ||
Net Asset Value, Beginning of Period | $9.46 | $10.14 | $12.94 | $15.28 | $14.69 | $16.20 |
Income From Investment Operations: | ||||||
Net investment income | 0.041 | 0.111 | 0.131 | 0.161 | 0.17 | 0.21 |
Net realized and unrealized gain | 2.39 | 0.70 | 1.06 | 0.75 | 2.81 | 0.34 |
TOTAL FROM INVESTMENT OPERATIONS | 2.43 | 0.81 | 1.19 | 0.91 | 2.98 | 0.55 |
Less Distributions: | ||||||
Distributions from net investment income | (0.05) | (0.12) | (0.13) | (0.16) | (0.19) | (0.22) |
Distributions from net realized gain | (1.99) | (1.37) | (3.86) | (3.09) | (2.20) | (1.84) |
TOTAL DISTRIBUTIONS | (2.04) | (1.49) | (3.99) | (3.25) | (2.39) | (2.06) |
Net Asset Value, End of Period | $9.85 | $9.46 | $10.14 | $12.94 | $15.28 | $14.69 |
Total Return2 | 28.55% | 8.87% | 13.41% | 6.85% | 23.14% | 4.01% |
Ratios to Average Net Assets: | ||||||
Net expenses3 | 0.66%4 | 0.66%5 | 0.66% | 0.66% | 0.66% | 0.65% |
Net investment income | 0.94%4 | 1.23% | 1.36% | 1.24% | 1.39% | 1.52% |
Expense waiver/reimbursement6 | 0.40%4 | 0.41% | 0.39% | 0.35% | 0.35% | 0.36% |
Supplemental Data: | ||||||
Net assets, end of period (000 omitted) | $87,522 | $72,477 | $107,852 | $110,443 | $144,226 | $180,503 |
Portfolio turnover | 16% | 29% | 32% | 30% | 31% | 31% |
Assets: | ||
Investment in securities, at value including $10,881,444 of investment in an affiliated holding* (identified cost $81,837,542) | $310,911,513 | |
Due from broker (Note 2) | 605,000 | |
Income receivable | 216,862 | |
Receivable for shares sold | 122,948 | |
Income receivable from affiliated holding | 448 | |
TOTAL ASSETS | 311,856,771 | |
Liabilities: | ||
Payable for shares redeemed | $692,752 | |
Payable for variation margin on futures contracts | 79,750 | |
Payable for portfolio accounting fees | 48,908 | |
Payable for distribution services fee (Note 5) | 41,964 | |
Payable for transfer agent fees (Note 2) | 36,970 | |
Payable for other service fees (Notes 2 and 5) | 33,407 | |
Payable for management fee (Note 5) | 3,344 | |
Accrued expenses (Note 5) | 24,018 | |
TOTAL LIABILITIES | 961,113 | |
Net assets for 31,337,267 shares outstanding | $310,895,658 | |
Net Assets Consists of: | ||
Paid-in capital | $55,104,274 | |
Total distributable earnings | 255,791,384 | |
TOTAL NET ASSETS | $310,895,658 |
Net Asset Value, Offering Price and Redemption Proceeds Per Share: | ||
Class C Shares: | ||
Net asset value per share ($33,617,370 ÷ 3,529,737 shares outstanding) no par value, unlimited shares authorized | $9.52 | |
Offering price per share | $9.52 | |
Redemption proceeds per share (99.00/100 of $9.52) | $9.42 | |
Class R Shares: | ||
Net asset value per share ($42,149,569 ÷ 4,291,365 shares outstanding) no par value, unlimited shares authorized | $9.82 | |
Offering price per share | $9.82 | |
Redemption proceeds per share | $9.82 | |
Institutional Shares: | ||
Net asset value per share ($147,606,557 ÷ 14,633,581 shares outstanding) no par value, unlimited shares authorized | $10.09 | |
Offering price per share | $10.09 | |
Redemption proceeds per share | $10.09 | |
Service Shares: | ||
Net asset value per share ($87,522,162 ÷ 8,882,584 shares outstanding) no par value, unlimited shares authorized | $9.85 | |
Offering price per share | $9.85 | |
Redemption proceeds per share | $9.85 |
Investment Income: | |||
Dividends (including $3,345 received from an affiliated holding*) | $2,311,969 | ||
Net Income on securities loaned (Note 2) | 364 | ||
TOTAL INCOME | 2,312,333 | ||
Expenses: | |||
Management fee (Note 5) | $432,901 | ||
Custodian fees | 17,803 | ||
Transfer agent fees (Note 2) | 138,662 | ||
Directors’/Trustees’ fees (Note 5) | 2,429 | ||
Auditing fees | 12,794 | ||
Legal fees | 8,123 | ||
Distribution services fee (Note 5) | 342,150 | ||
Other service fees (Notes 2 and 5) | 139,790 | ||
Portfolio accounting fees | 71,651 | ||
Share registration costs | 35,436 | ||
Printing and postage | 14,232 | ||
Miscellaneous (Note 5) | 42,291 | ||
TOTAL EXPENSES | 1,258,262 | ||
Waivers and Reimbursements: | |||
Waiver/reimbursement of management fee (Note 5) | $(157,867) | ||
Waiver/reimbursement of other operating expenses (Notes 2 and 5) | (142,183) | ||
TOTAL WAIVERS AND REIMBURSEMENTS | (300,050) | ||
Net expenses | 958,212 | ||
Net investment income | $1,354,121 |
Realized and Unrealized Gain (Loss) on Investments, Foreign Currency Transactions and Futures Contracts: | |||
Net realized gain on investments and foreign currency transactions (including realized loss of $(1,287) on sales of investments in an affiliated holding*) | $27,184,376 | ||
Net realized gain on futures contracts | 1,354,535 | ||
Net change in unrealized appreciation of investments (including net change in unrealized gain of $(81) of investments in an affiliated holding*) | 41,070,035 | ||
Net change in unrealized depreciation of futures contracts | 769,401 | ||
Net realized and unrealized gain on investments and futures contracts | 70,378,347 | ||
Change in net assets resulting from operations | $71,732,468 |
Six Months Ended (unaudited) 4/30/2021 | Year Ended 10/31/2020 | |
Increase (Decrease) in Net Assets | ||
Operations: | ||
Net investment income | $1,354,121 | $3,341,446 |
Net realized gain | 28,538,911 | 55,207,983 |
Net change in unrealized appreciation/depreciation | 41,839,436 | (35,253,295) |
CHANGE IN NET ASSETS RESULTING FROM OPERATIONS | 71,732,468 | 23,296,134 |
Distributions to Shareholders: | ||
Class C Shares | (6,400,546) | (5,045,055) |
Class R Shares | (7,682,143) | (5,432,608) |
Institutional Shares | (26,201,823) | (19,916,477) |
Service Shares | (15,865,310) | (13,487,436) |
CHANGE IN NET ASSETS RESULTING FROM DISTRIBUTIONS TO SHAREHOLDERS | (56,149,822) | (43,881,576) |
Share Transactions: | ||
Proceeds from sale of shares | 22,387,983 | 39,077,307 |
Net asset value of shares issued to shareholders in payment of distributions declared | 54,400,841 | 42,492,427 |
Cost of shares redeemed | (39,827,513) | (118,203,823) |
CHANGE IN NET ASSETS RESULTING FROM SHARE TRANSACTIONS | 36,961,311 | (36,634,089) |
Change in net assets | 52,543,957 | (57,219,531) |
Net Assets: | ||
Beginning of period | 258,351,701 | 315,571,232 |
End of period | $310,895,658 | $258,351,701 |
Transfer Agent Fees Incurred | Transfer Agent Fees Reimbursed | |
Class C Shares | $12,799 | $— |
Class R Shares | 48,369 | (42) |
Institutional Shares | 47,766 | (25,823) |
Service Shares | 29,728 | (16,622) |
TOTAL | $138,662 | $(42,487) |
Other Service Fees Incurred | |
Class C Shares | $40,100 |
Service Shares | 99,690 |
TOTAL | $139,790 |
Fair Value of Derivative Instruments | ||
Liability | ||
Statement of Assets and Liabilities Location | Fair Value | |
Derivatives not accounted for as hedging instruments under ASC Topic 815 | ||
Equity contracts | Payable for variation margin | $(682,956)* |
Amount of Realized Gain or (Loss) on Derivatives Recognized in Income | |
Futures Contracts | |
Equity Contracts | $1,354,535 |
Change in Unrealized Appreciation or (Depreciation) on Derivatives Recognized in Income | |
Futures Contracts | |
Equity Contracts | $769,401 |
Six Months Ended 4/30/2021 | Year Ended 10/31/2020 | |||
Class C Shares: | Shares | Amount | Shares | Amount |
Shares sold | 144,730 | $1,285,420 | 339,481 | $2,955,462 |
Shares issued to shareholders in payment of distributions declared | 712,742 | 6,008,783 | 543,476 | 4,770,810 |
Shares redeemed | (635,131) | (5,696,122) | (1,183,684) | (10,363,587) |
NET CHANGE RESULTING FROM CLASS C SHARE TRANSACTIONS | 222,341 | $1,598,081 | (300,727) | $(2,637,315) |
Six Months Ended 4/30/2021 | Year Ended 10/31/2020 | |||
Class R Shares: | Shares | Amount | Shares | Amount |
Shares sold | 383,220 | $3,582,013 | 1,008,505 | $8,846,131 |
Shares issued to shareholders in payment of distributions declared | 878,822 | 7,647,424 | 595,458 | 5,358,343 |
Shares redeemed | (772,636) | (7,133,094) | (1,571,488) | (13,847,680) |
NET CHANGE RESULTING FROM CLASS R SHARE TRANSACTIONS | 489,406 | $4,096,343 | 32,475 | $356,794 |
Six Months Ended 4/30/2021 | Year Ended 10/31/2020 | |||
Institutional Shares: | Shares | Amount | Shares | Amount |
Shares sold | 1,160,325 | $11,634,661 | 1,765,717 | $16,766,160 |
Shares issued to shareholders in payment of distributions declared | 2,816,480 | 25,192,767 | 2,079,777 | 19,074,736 |
Shares redeemed | (1,741,941) | (16,343,153) | (4,430,055) | (41,088,239) |
NET CHANGE RESULTING FROM INSTITUTIONAL SHARE TRANSACTIONS | 2,234,864 | $20,484,275 | (584,561) | $(5,247,343) |
Six Months Ended 4/30/2021 | Year Ended 10/31/2020 | |||
Service Shares: | Shares | Amount | Shares | Amount |
Shares sold | 611,559 | $5,885,889 | 1,170,774 | $10,509,554 |
Shares issued to shareholders in payment of distributions declared | 1,780,744 | 15,551,867 | 1,476,137 | 13,288,538 |
Shares redeemed | (1,170,068) | (10,655,144) | (5,620,962) | (52,904,317) |
NET CHANGE RESULTING FROM SERVICE SHARE TRANSACTIONS | 1,222,235 | $10,782,612 | (2,974,051) | $(29,106,225) |
NET CHANGE RESULTING FROM TOTAL FUND SHARE TRANSACTIONS | 4,168,846 | $36,961,311 | (3,826,864) | $(36,634,089) |
Share Class Name | Percentage of Average Daily Net Assets of Class |
Class C Shares | 0.75% |
Class R Shares | 0.50% |
Service Shares | 0.30% |
Distribution Services Fees Incurred | Distribution Services Fees Waived | |
Class C Shares | $120,776 | $— |
Class R Shares | 100,027 | — |
Service Shares | 121,347 | (99,696) |
TOTAL | $342,150 | $(99,696) |
Purchases | $45,127,054 |
Sales | $67,486,024 |
Beginning Account Value 11/1/2020 | Ending Account Value 4/30/2021 | Expenses Paid During Period1 | |
Actual: | |||
Class C Shares | $1,000 | $1,280.00 | $7.97 |
Class R Shares | $1,000 | $1,282.40 | $6.06 |
Institutional Shares | $1,000 | $1,288.30 | $2.04 |
Service Shares | $1,000 | $1,285.50 | $3.74 |
Hypothetical (assuming a 5% return before expenses): | |||
Class C Shares | $1,000 | $1,017.80 | $7.05 |
Class R Shares | $1,000 | $1,019.49 | $5.36 |
Institutional Shares | $1,000 | $1,023.01 | $1.81 |
Service Shares | $1,000 | $1,021.52 | $3.31 |
Class C Shares | 1.41% |
Class R Shares | 1.07% |
Institutional Shares | 0.36% |
Service Shares | 0.66% |
Annual Evaluation of Adequacy and Effectiveness
Federated Hermes Funds
4000 Ericsson Drive
Warrendale, PA 15086-7561
or call 1-800-341-7400.
CUSIP 31420E809
CUSIP 31420E106
CUSIP 31420E403
Item 2. | Code of Ethics |
Not Applicable
Item 3. | Audit Committee Financial Expert |
Not Applicable
Item 4. | Principal Accountant Fees and Services |
Not Applicable
Item 5. | Audit Committee of Listed Registrants |
Not Applicable
Item 6. | Schedule of Investments |
(a) The registrant’s Schedule of Investments is included as part of the Report to Stockholders filed under Item 1 of this form.
(b) Not Applicable; Fund had no divestments during the reporting period covered since the previous Form N-CSR filing.
Item 7. | Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies |
Not Applicable
Item 8. | Portfolio Managers of Closed-End Management Investment Companies |
Not Applicable
Item 9. | Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers |
Not Applicable
Item 10. | Submission of Matters to a Vote of Security Holders |
No Changes to Report
Item 11. | Controls and Procedures |
(a) The registrant’s President and Treasurer have concluded that the
registrant’s disclosure controls and procedures (as defined in rule 30a-3(c) under the Act) are effective in design and operation and are sufficient to form the basis of the certifications required by Rule 30a-(2) under the Act, based on their evaluation of these disclosure controls and procedures within 90 days of the filing date of this report on Form N-CSR.
(b) There were no changes in the registrant’s internal control over financial reporting (as defined in rule 30a-3(d) under the Act) during the registrant’s most recent fiscal half-year (the registrant’s second fiscal half-year in the case of an annual report) that have materially affected, or are reasonably likely to materially affect, the registrant’s internal control over financial reporting.
Item 12. | Disclosure of Securities Lending Activities for Closed-End Management Investment Companies |
Not Applicable
Item 13. | Exhibits |
(a)(1) Code of Ethics- Not Applicable to this Report.
(a)(2) Certifications of Principal Executive Officer and Principal Financial Officer.
(a)(3) Not Applicable.
(b) Certifications pursuant to 18 U.S.C. Section 1350.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Registrant Federated Hermes Index Trust
By /S/ Lori A. Hensler
Lori A. Hensler
Principal Financial Officer
Date June 22, 2021
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
By /S/ J. Christopher Donahue
J. Christopher Donahue
Principal Executive Officer
Date June 22, 2021
By /S/ Lori A. Hensler
Lori A. Hensler
Principal Financial Officer
Date June 22, 2021