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: 10/31/23
Date of Reporting Period: Six months ended 04/30/23
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 | 21.0% |
Consumer Discretionary | 14.6% |
Financials | 14.2% |
Health Care | 9.5% |
Information Technology | 9.3% |
Real Estate | 7.4% |
Materials | 6.5% |
Consumer Staples | 4.3% |
Utilities | 3.6% |
Energy | 3.6% |
Communication Services | 2.1% |
Cash Equivalents2 | 3.6% |
Derivative Contracts3 | 0.1% |
Other Assets and Liabilities—Net4 | 0.2% |
TOTAL5 | 100% |
Shares | Value | ||
1 | COMMON STOCKS—96.1% | ||
Communication Services—2.1% | |||
744 | Cable One, Inc. | $564,257 | |
32,089 | 2 | Frontier Communications Parent, Inc. | 723,286 |
18,455 | Iridium Communications, Inc. | 1,171,339 | |
24,656 | New York Times Co., Class A | 980,076 | |
5,398 | Nexstar Media Group, Inc., Class A | 936,283 | |
33,573 | Tegna, Inc. | 574,098 | |
23,072 | 2 | TripAdvisor, Inc. | 409,066 |
6,775 | Wiley (John) & Sons, Inc., Class A | 261,312 | |
4,810 | World Wrestling Entertainment, Inc. | 515,488 | |
6,657 | 2 | Ziff Davis, Inc. | 486,893 |
TOTAL | 6,622,098 | ||
Consumer Discretionary—14.6% | |||
14,456 | 2 | Adient PLC | 534,005 |
38,319 | Aramark | 1,329,669 | |
11,569 | Autoliv, Inc. | 992,736 | |
4,723 | 2 | AutoNation, Inc. | 622,019 |
26,341 | Block (H&R), Inc. | 893,223 | |
13,986 | Boyd Gaming Corp. | 970,628 | |
10,127 | Brunswick Corp. | 858,668 | |
18,247 | 2 | Capri Holdings Ltd. | 757,250 |
5,776 | Carter’s, Inc. | 402,992 | |
3,756 | Choice Hotels International, Inc. | 478,965 | |
4,151 | Churchill Downs, Inc. | 1,214,292 | |
3,401 | Columbia Sportswear Co. | 284,120 | |
8,877 | 2 | Crocs, Inc. | 1,097,819 |
29,183 | Dana, Inc. | 431,617 | |
3,846 | 2 | Deckers Outdoor Corp. | 1,843,542 |
8,462 | Dick’s Sporting Goods, Inc. | 1,227,075 | |
8,809 | 2 | Five Below, Inc. | 1,738,544 |
10,785 | Foot Locker, Inc. | 452,862 | |
6,346 | 2 | Fox Factory Holding Corp. | 703,581 |
36,613 | 2 | GameStop Corp. | 706,265 |
27,670 | Gap (The), Inc. | 265,632 | |
28,377 | Gentex Corp. | 782,921 | |
26,567 | 2 | Goodyear Tire & Rubber Co. | 283,470 |
Shares | Value | ||
1 | COMMON STOCKS—continued | ||
Consumer Discretionary—continued | |||
511 | Graham Holdings Co. | $294,116 | |
5,805 | 2 | Grand Canyon Education, Inc. | 689,053 |
18,873 | Harley-Davidson, Inc. | 700,188 | |
3,769 | 2 | Helen of Troy Ltd. | 378,181 |
10,796 | 2 | Hilton Grand Vacations, Inc. | 462,069 |
10,977 | KB HOME | 481,012 | |
9,536 | Kohl’s Corp. | 210,078 | |
8,781 | Lear Corp. | 1,120,982 | |
24,082 | Leggett and Platt, Inc. | 778,089 | |
10,973 | 2 | Light & Wonder, Inc. | 661,562 |
3,261 | Lithia Motors, Inc. | 720,322 | |
38,444 | Macy’s, Inc. | 628,175 | |
5,328 | Marriott Vacations Worldwide Corp. | 716,936 | |
60,365 | 2 | Mattel, Inc. | 1,086,570 |
2,777 | Murphy USA, Inc. | 764,314 | |
24,961 | Nordstrom, Inc. | 385,897 | |
8,737 | 2 | Ollie’s Bargain Outlet Holding, Inc. | 570,089 |
4,681 | Papa Johns International, Inc. | 350,092 | |
23,386 | 2 | Penn Entertainment, Inc. | 696,669 |
7,792 | Polaris, Inc., Class A | 846,601 | |
9,097 | PVH Corp. | 780,614 | |
3,311 | 2 | RH | 844,735 |
22,284 | Service Corp. International | 1,564,114 | |
19,236 | 2 | Skechers USA, Inc., Class A | 1,023,163 |
19,841 | 2 | Taylor Morrison Home Corp. | 854,949 |
20,710 | Tempur Sealy International, Inc. | 776,004 | |
9,413 | Texas Roadhouse, Inc. | 1,041,266 | |
24,536 | The Wendy’s Co. | 542,246 | |
7,670 | Thor Industries, Inc. | 606,083 | |
14,382 | Toll Brothers, Inc. | 919,154 | |
5,412 | 2 | TopBuild Corp. | 1,220,298 |
13,077 | 2 | Topgolf Callaway Brands Corp. | 289,917 |
11,247 | Travel + Leisure Co. | 430,423 | |
29,081 | 2 | Under Armour, Inc., Class A | 257,948 |
27,961 | 2 | Under Armour, Inc., Class C | 224,806 |
10,730 | 2 | Victoria’s Secret & Co. | 332,737 |
4,131 | 2 | Visteon Corp. | 579,951 |
9,691 | Williams-Sonoma, Inc. | 1,172,999 |
Shares | Value | ||
1 | COMMON STOCKS—continued | ||
Consumer Discretionary—continued | |||
3,505 | Wingstop, Inc. | $701,386 | |
12,666 | Wyndham Hotels & Resorts, Inc. | 864,075 | |
13,270 | 2 | YETI Holdings, Inc. | 523,502 |
TOTAL | 46,963,260 | ||
Consumer Staples—4.3% | |||
18,506 | 2 | Bellring Brands, Inc. | 666,031 |
19,469 | 2 | BJ’s Wholesale Club Holdings, Inc. | 1,486,847 |
6,118 | Casey’s General Stores, Inc. | 1,399,921 | |
6,166 | 2 | Celsius Holdings, Inc. | 589,285 |
624 | Coca-Cola Bottling Co. | 367,823 | |
53,006 | 2 | Coty, Inc. - CL A | 629,181 |
25,997 | 2 | Darling Ingredients, Inc. | 1,548,641 |
9,069 | Energizer Holdings, Inc. | 303,177 | |
28,920 | Flowers Foods, Inc. | 795,589 | |
13,929 | 2 | Grocery Outlet Holding Corp. | 414,806 |
7,953 | Ingredion, Inc. | 844,370 | |
2,118 | Lancaster Colony Corp. | 442,916 | |
19,869 | 2 | Performance Food Group Co. | 1,245,588 |
5,922 | 2 | Pilgrim’s Pride Corp. | 135,081 |
7,477 | 2 | Post Holdings, Inc. | 676,594 |
15,293 | 2 | Sprouts Farmers Market, Inc. | 530,055 |
1,461 | 2 | The Boston Beer Co., Inc., Class A | 463,882 |
28,873 | 2 | US Foods Holding Corp. | 1,108,723 |
TOTAL | 13,648,510 | ||
Energy—3.6% | |||
33,491 | Antero Midstream Corp. | 360,363 | |
40,291 | 2 | Antero Resources Corp. | 926,290 |
29,802 | ChampionX Corp. | 807,038 | |
5,905 | Chord Energy Corp. | 840,459 | |
24,770 | 2 | CNX Resources Corp. | 384,678 |
10,897 | DT Midstream, Inc. | 536,895 | |
68,192 | Equitrans Midstream Corp. | 351,189 | |
19,289 | HF Sinclair Corp. | 850,838 | |
16,044 | Matador Resources Co. | 786,637 | |
20,306 | Murphy Oil Corp. | 745,433 | |
48,620 | NOV, Inc. | 814,385 | |
16,132 | PBF Energy, Inc. | 562,361 | |
15,845 | PDC Energy, Inc. | 1,030,717 |
Shares | Value | ||
1 | COMMON STOCKS—continued | ||
Energy—continued | |||
40,977 | Range Resources Corp. | $1,083,842 | |
156,819 | 2 | Southwestern Energy Co. | 813,891 |
9,196 | 2 | Valaris Ltd. | 551,760 |
TOTAL | 11,446,776 | ||
Financials—14.2% | |||
5,301 | Affiliated Managers Group | 765,358 | |
10,369 | American Financial Group, Inc. | 1,272,587 | |
59,867 | Annaly Capital Management, Inc. | 1,196,143 | |
23,314 | Associated Banc-Corp. | 415,689 | |
2,919 | Bank of Hawaii Corp. | 141,367 | |
16,747 | Bank OZK | 598,203 | |
13,329 | 2 | Brighthouse Financial, Inc. | 589,142 |
19,517 | Cadence Bank | 394,634 | |
9,734 | Cathay Bancorp, Inc. | 310,223 | |
23,478 | CNO Financial Group, Inc. | 526,846 | |
31,489 | Columbia Banking Systems, Inc. | 672,605 | |
16,970 | Commerce Bancshares, Inc. | 947,775 | |
9,598 | Cullen Frost Bankers, Inc. | 1,058,180 | |
22,986 | East West Bancorp, Inc. | 1,188,146 | |
19,482 | Essent Group Ltd. | 827,401 | |
6,770 | 2 | Euronet Worldwide, Inc. | 749,710 |
5,370 | Evercore, Inc., Class A | 612,556 | |
12,243 | Federated Hermes, Inc. | 506,738 | |
15,548 | First American Financial Corp. | 895,720 | |
19,732 | First Financial Bankshares, Inc. | 577,358 | |
77,526 | First Horizon Corp. | 1,360,581 | |
5,260 | FirstCash Holdings, Inc. | 541,938 | |
50,935 | FNB Corp. (PA) | 584,734 | |
22,554 | Fulton Financial Corp. | 269,069 | |
16,733 | Glacier Bancorp, Inc. | 556,038 | |
12,396 | Hancock Whitney Corp. | 452,702 | |
5,392 | Hanover Insurance Group, Inc. | 644,668 | |
20,744 | Home Bancshares, Inc. | 451,597 | |
14,567 | Interactive Brokers Group, Inc., Class A | 1,134,041 | |
7,280 | International Bancshares Corp. | 310,638 | |
20,359 | Janus Henderson Group PLC | 528,316 | |
25,241 | Jefferies Financial Group, Inc. | 808,469 | |
6,643 | Kemper Corp. | 323,182 |
Shares | Value | ||
1 | COMMON STOCKS—continued | ||
Financials—continued | |||
2,640 | Kinsale Capital Group, Inc. | $862,514 | |
54,222 | MGIC Investment Corp. | 806,281 | |
24,222 | Navient Corp. | 400,632 | |
100,842 | New York Community Bancorp, Inc. | 1,078,001 | |
32,422 | Old National Bancorp | 434,779 | |
41,186 | Old Republic International Corp. | 1,040,770 | |
11,386 | Pinnacle Financial Partners, Inc. | 617,463 | |
5,161 | Primerica, Inc. | 941,934 | |
13,690 | Prosperity Bancshares, Inc. | 857,268 | |
9,514 | Reinsurance Group of America | 1,354,032 | |
6,466 | RenaissanceRe Holdings Ltd. | 1,392,841 | |
4,705 | RLI Corp. | 654,230 | |
14,227 | SEI Investments Co. | 838,113 | |
8,842 | Selective Insurance Group, Inc. | 851,750 | |
46,762 | SLM Corp. | 702,365 | |
11,360 | South State Corp. | 783,613 | |
45,132 | Starwood Property Trust, Inc. | 807,411 | |
15,785 | Stifel Financial Corp. | 946,626 | |
26,097 | Synovus Financial Corp. | 803,788 | |
4,392 | 2 | Texas Capital Bancshares, Inc. | 220,698 |
8,599 | UMB Financial Corp. | 546,982 | |
18,734 | United Bankshares, Inc. | 620,657 | |
26,302 | Unum Group | 1,109,944 | |
58,769 | Valley National Bancorp | 551,253 | |
11,778 | VOYA Financial, Inc. | 900,781 | |
21,516 | Webster Financial Corp. Waterbury | 802,547 | |
40,084 | Western Union Co. | 438,118 | |
7,176 | 2 | WEX, Inc. | 1,272,664 |
9,189 | Wintrust Financial Corp. | 628,252 | |
TOTAL | 45,478,661 | ||
Health Care—9.5% | |||
12,749 | 2 | Acadia Healthcare Co., Inc. | 921,625 |
4,905 | 2 | Amedisys, Inc. | 393,871 |
10,617 | 2 | Arrowhead Pharmaceuticals, Inc. | 375,948 |
6,253 | 2 | Azenta, Inc. | 271,943 |
14,519 | Bruker Corp. | 1,148,888 | |
2,443 | Chemed Corp. | 1,346,704 | |
13,885 | Encompass Health Corp. | 890,723 |
Shares | Value | ||
1 | COMMON STOCKS—continued | ||
Health Care—continued | |||
7,035 | 2 | Enovis Corp. | $409,789 |
23,499 | 2 | Envista Holdings Corp. | 904,476 |
47,605 | 2 | Exelixis, Inc. | 871,171 |
11,490 | 2 | Globus Medical, Inc. | 668,029 |
6,975 | 2 | Haemonetics Corp. | 583,877 |
19,236 | 2 | Halozyme Therapeutics, Inc. | 618,053 |
14,804 | 2 | HealthEquity, Inc. | 791,274 |
2,821 | 2 | ICU Medical, Inc. | 533,564 |
7,183 | 2 | Inari Medical, Inc. | 477,095 |
13,283 | 2 | Integra Lifesciences Corp. | 734,816 |
10,214 | 2 | Jazz Pharmaceuticals PLC | 1,434,761 |
11,874 | 2 | Lantheus Holdings, Inc. | 1,014,633 |
7,926 | 2 | Livanova PLC | 379,655 |
7,067 | 2 | Masimo Corp. | 1,336,652 |
3,813 | 2 | Medpace Holdings, Inc. | 763,134 |
23,157 | 2 | Neogen Corp. | 398,764 |
14,144 | 2 | Neurocrine Biosciences, Inc. | 1,429,110 |
6,994 | 2 | Omnicell, Inc. | 425,025 |
23,977 | 2 | Option Care Health, Inc. | 770,861 |
6,691 | Patterson Cos., Inc. | 181,393 | |
4,940 | 2 | Penumbra, Inc. | 1,403,553 |
19,736 | Perrigo Co. PLC | 733,982 | |
11,004 | 2 | Progyny, Inc. | 365,773 |
9,480 | 2 | QuidelOrtho Corp. | 852,726 |
21,925 | 2 | R1 RCM, Inc. | 341,811 |
7,650 | 2 | Repligen Corp. | 1,159,969 |
5,297 | 2 | Shockwave Medical, Inc. | 1,536,978 |
22,548 | 2 | Sotera Health Topco, Inc. | 378,130 |
4,559 | 2 | Staar Surgical Co. | 321,273 |
15,778 | 2 | Syneos Health, Inc. | 619,444 |
15,241 | 2 | Tenet Healthcare Corp. | 1,117,470 |
6,703 | 2 | United Therapeutics Corp. | 1,542,561 |
TOTAL | 30,449,504 | ||
Industrials—21.0% | |||
4,734 | Acuity Brands, Inc. | 745,037 | |
8,689 | Advanced Drainage System, Inc. | 744,821 | |
21,924 | AECOM | 1,820,788 | |
9,089 | AGCO Corp. | 1,126,491 |
Shares | Value | ||
1 | COMMON STOCKS—continued | ||
Industrials—continued | |||
7,298 | 2 | ASGN, Inc. | $522,464 |
4,426 | 2 | Avis Budget Group, Inc. | 781,941 |
10,484 | 2 | Axon Enterprise, Inc. | 2,209,084 |
6,253 | Brinks Co. (The) | 393,001 | |
23,139 | 2 | Builders Firstsource, Inc. | 2,192,883 |
3,933 | 2 | CACI International, Inc., Class A | 1,232,288 |
7,356 | Carlisle Cos., Inc. | 1,587,793 | |
4,885 | 2 | Chart Industries, Inc. | 650,194 |
7,172 | 2 | Clean Harbors, Inc. | 1,041,088 |
6,035 | Concentrix Corp. | 582,438 | |
5,569 | 2 | Crane Co. | 401,358 |
5,569 | Crane NXT Co. | 263,748 | |
6,433 | Curtiss Wright Corp. | 1,092,516 | |
17,155 | Donaldson Co., Inc. | 1,090,200 | |
6,715 | Emcor Group, Inc. | 1,148,265 | |
5,864 | EnerSys, Inc. | 486,536 | |
7,077 | ESAB Corp. | 413,014 | |
3,805 | 2 | Exlservice Holding, Inc. | 678,736 |
7,335 | Exponent, Inc. | 675,187 | |
14,087 | Flowserve Corp. | 470,365 | |
15,574 | 2 | Fluor Corp. | 452,580 |
18,050 | Fortune Brands Innovations, Inc. | 1,167,654 | |
5,137 | 2 | FTI Consulting, Inc. | 927,228 |
3,658 | GATX Corp. | 416,683 | |
23,691 | Genpact Ltd. | 1,055,434 | |
24,849 | Graco, Inc. | 1,970,277 | |
17,313 | 2 | GXO Logistics, Inc. | 919,840 |
21,890 | 2 | Hertz Global Holdings, Inc. | 365,125 |
9,999 | Hexcel Corp. | 720,728 | |
7,887 | Hubbell, Inc. | 2,124,127 | |
4,901 | Insperity, Inc. | 600,176 | |
12,343 | ITT Corp. | 1,042,243 | |
25,754 | 2 | Jet Blue Airways Corp. | 183,884 |
16,996 | KBR, Inc. | 964,183 | |
8,816 | 2 | Kirby Corp. | 633,341 |
22,798 | Knight-Swift Transportation Holdings, Inc. | 1,283,983 | |
6,058 | Landstar System, Inc. | 1,066,390 | |
4,552 | Lennox International, Inc. | 1,283,254 |
Shares | Value | ||
1 | COMMON STOCKS—continued | ||
Industrials—continued | |||
8,178 | Lincoln Electric Holdings | $1,372,268 | |
7,590 | Manpower, Inc. | 574,639 | |
8,787 | 2 | Mastec, Inc. | 780,373 |
6,803 | Maximus, Inc. | 569,071 | |
28,436 | MDU Resources Group, Inc. | 830,900 | |
8,059 | 2 | Mercury Systems, Inc. | 384,173 |
8,022 | 2 | Middleby Corp. | 1,130,139 |
5,398 | MSA Safety, Inc. | 700,390 | |
6,826 | MSC Industrial Direct Co. | 619,323 | |
27,672 | nVent Electric PLC | 1,160,287 | |
9,837 | OshKosh Truck Corp. | 752,727 | |
15,153 | Owens Corning, Inc. | 1,618,492 | |
9,793 | Regal Rexnord Corp. | 1,274,657 | |
6,929 | Ryder System, Inc. | 548,500 | |
3,293 | 2 | Saia, Inc. | 980,557 |
9,354 | Science Applications International Corp. | 954,389 | |
7,595 | Simpson Manufacturing Co., Inc. | 955,299 | |
13,254 | 2 | Stericycle, Inc. | 605,045 |
1,236 | 2 | SunPower Corp. | 16,340 |
22,964 | 2 | SunRun, Inc. | 483,163 |
9,171 | Terex Corp. | 408,935 | |
6,637 | Tetra Tech, Inc. | 918,362 | |
9,492 | Timken Co. | 729,460 | |
14,882 | Toro Co. | 1,551,597 | |
15,266 | 2 | Trex Co., Inc. | 834,440 |
10,821 | UFP Industries, Inc. | 849,665 | |
22,765 | 2 | Univar, Inc. | 808,157 |
3,586 | Valmont Industries, Inc. | 1,041,948 | |
3,931 | 2 | Vicor Corp. | 168,915 |
4,321 | Watsco, Inc. | 1,496,708 | |
4,043 | Watts Industries, Inc., Class A | 653,874 | |
7,843 | Werner Enterprises, Inc. | 354,268 | |
8,975 | Woodward, Inc. | 861,779 | |
16,004 | 2 | XPO, Inc. | 707,057 |
TOTAL | 67,223,263 | ||
Information Technology—9.3% | |||
16,806 | 2 | ACI Worldwide, Inc. | 425,696 |
8,778 | 2 | Allegro MicroSystems, Inc. | 313,989 |
Shares | Value | ||
1 | COMMON STOCKS—continued | ||
Information Technology—continued | |||
13,351 | Amkor Technology, Inc. | $298,662 | |
8,185 | 2 | Arrow Electronics, Inc. | 936,609 |
3,491 | 2 | Aspen Technology, Inc. | 617,907 |
9,764 | Avnet, Inc. | 402,863 | |
7,998 | Belden, Inc. | 630,962 | |
6,546 | 2 | Blackbaud, Inc. | 453,998 |
8,789 | 2 | Calix, Inc. | 401,657 |
18,543 | 2 | Ciena Corp. | 853,720 |
9,461 | 2 | Cirrus Logic, Inc. | 811,659 |
25,602 | Cognex Corp. | 1,220,959 | |
20,676 | 2 | Coherent Corp. | 705,879 |
9,162 | 2 | Commvault Systems, Inc. | 533,870 |
32,174 | 2 | Dynatrace Holdings LLC | 1,360,317 |
8,147 | 2 | Envestnet, Inc. | 516,357 |
4,887 | 2 | IPG Photonics Corp. | 561,907 |
21,219 | Jabil, Inc. | 1,658,265 | |
40,460 | 2 | Kyndryl Holdings, Inc. | 585,052 |
19,941 | 2 | Lattice Semiconductor Corp. | 1,589,298 |
4,169 | Littelfuse, Inc. | 1,009,898 | |
10,515 | 2 | Lumentum Holdings, Inc. | 507,349 |
5,343 | 2 | MA-COM Technology Solutions Holdings, Inc. | 311,711 |
9,015 | 2 | Manhattan Associates, Inc. | 1,493,605 |
8,445 | MKS Instruments, Inc. | 708,282 | |
18,693 | National Instruments Corp. | 1,088,493 | |
19,585 | 2 | NCR Corp. | 436,550 |
5,167 | 2 | Novanta, Inc. | 789,724 |
6,145 | 2 | Paylocity Corp. | 1,187,767 |
10,025 | Power Integrations, Inc. | 729,619 | |
5,253 | 2 | Qualys, Inc. | 593,274 |
4,775 | 2 | Silicon Laboratories, Inc. | 665,157 |
2,552 | 2 | Sitime Corp. | 276,815 |
5,214 | 2 | Super Micro Computer, Inc. | 549,712 |
5,984 | 2 | Synaptics, Inc. | 529,943 |
5,750 | TD SYNNEX Corp. | 511,980 | |
18,697 | 2 | Teradata Corp. | 723,761 |
6,452 | Universal Display Corp. | 861,084 | |
19,147 | Vishay Intertechnology, Inc. | 407,640 | |
21,715 | Vontier Corp. | 589,128 |
Shares | Value | ||
1 | COMMON STOCKS—continued | ||
Information Technology—continued | |||
15,640 | 2 | Wolfspeed, Inc. | $728,042 |
18,221 | Xerox Holdings Corp. | 285,523 | |
TOTAL | 29,864,683 | ||
Materials—6.5% | |||
26,368 | Alcoa Corp. | 979,308 | |
9,189 | AptarGroup, Inc. | 1,088,988 | |
5,673 | Ashland, Inc. | 576,434 | |
12,539 | Avient Corp. | 482,877 | |
33,007 | 2 | Axalta Coating Systems Ltd. | 1,042,031 |
8,024 | Cabot Corp. | 575,802 | |
20,897 | Chemours Co./The | 607,476 | |
76,337 | 2 | Cleveland-Cliffs, Inc. | 1,174,063 |
16,444 | Commercial Metals Corp. | 767,770 | |
6,329 | Eagle Materials, Inc. | 938,021 | |
3,198 | Greif, Inc., Class A | 200,802 | |
4,673 | 2 | Ingevity Corp. | 335,241 |
13,083 | Louisiana-Pacific Corp. | 781,579 | |
7,933 | 2 | MP Materials Corp. | 171,908 |
946 | Newmarket Corp. | 378,022 | |
20,708 | Olin Corp. | 1,147,223 | |
8,453 | Reliance Steel & Aluminum Co. | 2,094,653 | |
8,256 | Royal Gold, Inc. | 1,093,425 | |
16,929 | RPM International, Inc. | 1,388,686 | |
6,215 | Scotts Miracle-Gro Co. | 415,224 | |
3,981 | Sensient Technologies Corp. | 296,425 | |
15,048 | Silgan Holdings, Inc. | 741,265 | |
13,581 | Sonoco Products Co. | 823,280 | |
33,063 | United States Steel Corp. | 756,482 | |
25,724 | Valvoline, Inc. | 888,764 | |
6,389 | Westlake Corp. | 726,940 | |
4,042 | Worthington Industries, Inc. | 240,054 | |
TOTAL | 20,712,743 | ||
Real Estate—7.4% | |||
13,268 | Agree Realty Corp. | 902,091 | |
17,302 | Apartment Income REIT Corp. | 639,828 | |
42,826 | Brixmor Property Group, Inc. | 913,479 | |
15,005 | Corporate Office Properties Trust | 343,464 | |
23,373 | Cousins Properties, Inc. | 509,765 |
Shares | Value | ||
1 | COMMON STOCKS—continued | ||
Real Estate—continued | |||
33,169 | Cubesmart | $1,508,858 | |
38,102 | Douglas Emmett, Inc. | 490,754 | |
6,497 | EastGroup Properties, Inc. | 1,082,140 | |
14,903 | EPR Properties | 625,330 | |
19,540 | First Industrial Realty Trust | 1,025,264 | |
47,448 | Healthcare Realty Trust, Inc. | 938,521 | |
22,153 | Highwoods Properties, Inc. | 507,747 | |
34,287 | Independence Realty Trust | 570,879 | |
5,865 | 2 | Jones Lang LaSalle, Inc. | 815,470 |
20,260 | Kilroy Realty Corp. | 592,402 | |
39,372 | Kite Realty Group Trust | 815,788 | |
12,325 | Lamar Advertising Co. | 1,302,506 | |
12,392 | Life Storage, Inc. | 1,665,237 | |
28,080 | Macerich Co. (The) | 280,519 | |
68,001 | Medical Properties Trust, Inc. | 596,369 | |
25,578 | National Retail Properties, Inc. | 1,112,643 | |
12,955 | National Storage Affiliates Trust | 499,415 | |
28,538 | Omega Healthcare Investors, Inc. | 763,677 | |
35,018 | Park Hotels & Resorts, Inc. | 421,967 | |
35,066 | Physicians Realty Trust | 505,652 | |
11,502 | PotlatchDeltic Corp. | 531,737 | |
16,721 | Rayonier, Inc. | 524,371 | |
27,905 | Rexford Industrial Realty, Inc. | 1,556,262 | |
31,879 | Sabra Health Care REIT, Inc. | 363,421 | |
19,455 | Spirit Realty Capital, Inc. | 748,239 | |
33,152 | Vornado Realty Trust L.P. | 497,611 | |
TOTAL | 23,651,406 | ||
Utilities—3.6% | |||
10,631 | Allete, Inc. | 663,162 | |
9,912 | Black Hills Corp. | 647,155 | |
35,266 | Essential Utilities, Inc. | 1,505,858 | |
16,026 | Hawaiian Electric Industries, Inc. | 628,379 | |
7,602 | Idacorp, Inc. | 844,734 | |
12,756 | National Fuel Gas Co. | 713,060 | |
13,458 | New Jersey Resources Corp. | 694,971 | |
8,893 | Northwestern Corp. | 521,308 | |
29,827 | OGE Energy Corp. | 1,119,706 | |
9,753 | ONE Gas, Inc. | 750,493 |
Shares | Value | ||
1 | COMMON STOCKS—continued | ||
Utilities—continued | |||
5,765 | Ormat Technologies, Inc. | $494,695 | |
11,817 | PNM Resources, Inc. | 568,752 | |
9,859 | Portland General Electric Co. | 499,063 | |
9,352 | Southwest Gas Holdings, Inc. | 523,712 | |
5,497 | Spire, Inc. | 372,312 | |
34,623 | UGI Corp. | 1,173,027 | |
TOTAL | 11,720,387 | ||
TOTAL COMMON STOCKS (IDENTIFIED COST $193,558,006) | 307,781,291 | ||
INVESTMENT COMPANY—3.6% | |||
11,705,156 | Federated Hermes Institutional Prime Value Obligations Fund, Institutional Shares, 4.87%3 (IDENTIFIED COST $11,699,888) | 11,703,986 | |
TOTAL INVESTMENT IN SECURITIES—99.7% (IDENTIFIED COST $205,257,894)4 | 319,485,277 | ||
OTHER ASSETS AND LIABILITIES - NET—0.3%5 | 899,326 | ||
TOTAL NET ASSETS—100% | $320,384,603 |
Description | Number of Contracts | Notional Value | Expiration Date | Value and Unrealized Appreciation |
Long Futures: | ||||
S&P MidCap 400 E-Mini Index | 50 | $12,503,000 | June 2023 | $162,068 |
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 10/31/2022 | $488,620 | $1,428,703 | $14,659,721 | $16,577,044 |
Purchases at Cost | $— | $3,557,269 | $45,028,036 | $48,585,305 |
Proceeds from Sales | $(69,544) | $(4,985,972) | $(47,989,780) | $(53,045,296) |
Change in Unrealized Appreciation/ Depreciation | $54,896 | $— | $6,282 | $61,178 |
Net Realized Gain/(Loss) | $32,766 | $— | $(273) | $32,493 |
Value as of 4/30/2023 | $506,738 | $— | $11,703,986 | $12,210,724 |
Shares Held as of 4/30/2023 | 12,243 | — | 11,705,156 | 11,717,399 |
Dividend Income | $7,330 | $7,896 | $285,376 | $300,602 |
REIT | —Real Estate Investment Trust |
Six Months Ended (unaudited) 4/30/2023 | Year Ended October 31, | ||||||
2022 | 2021 | 2020 | 2019 | 2018 | |||
Net Asset Value, Beginning of Period | $16.77 | $23.51 | $18.35 | $20.69 | $23.69 | $27.75 | |
Income From Investment Operations: | |||||||
Net investment income | 0.10 | 0.21 | 0.21 | 0.20 | 0.26 | 0.32 | |
Net realized and unrealized gain (loss) | 0.41 | (2.53) | 7.99 | (0.44) | 1.37 | (0.01) | |
TOTAL FROM INVESTMENT OPERATIONS | 0.51 | (2.32) | 8.20 | (0.24) | 1.63 | 0.31 | |
Less Distributions: | |||||||
Distributions from net investment income | (0.15) | (0.20) | (0.18) | (0.22) | (0.27) | (0.31) | |
Distributions from net realized gain | (1.71) | (4.22) | (2.86) | (1.88) | (4.36) | (4.06) | |
TOTAL DISTRIBUTIONS | (1.86) | (4.42) | (3.04) | (2.10) | (4.63) | (4.37) | |
Net Asset Value, End of Period | $15.42 | $16.77 | $23.51 | $18.35 | $20.69 | $23.69 | |
Total Return1 | 3.23% | (11.85)% | 48.88% | (1.41)% | 8.63% | 0.83% | |
Ratios to Average Net Assets: | |||||||
Net expenses2 | 0.31%3 | 0.31% | 0.31% | 0.31% | 0.31% | 0.31% | |
Net investment income | 1.56%3 | 1.17% | 0.96% | 1.22% | 1.31% | 1.28% | |
Expense waiver/reimbursement4 | 0.17%3 | 0.15% | 0.14% | 0.15% | 0.12% | 0.10% | |
Supplemental Data: | |||||||
Net assets, end of period (000 omitted) | $58,925 | $82,356 | $109,614 | $87,376 | $161,149 | $154,139 | |
Portfolio turnover5 | 14% | 32% | 31% | 34% | 31% | 29% |
Six Months Ended (unaudited) 4/30/2023 | Year Ended October 31, | |||||
2022 | 2021 | 2020 | 2019 | 2018 | ||
Net Asset Value, Beginning of Period | $16.80 | $23.54 | $18.37 | $20.70 | $23.71 | $27.77 |
Income From Investment Operations: | ||||||
Net investment income | 0.10 | 0.16 | 0.15 | 0.17 | 0.21 | 0.26 |
Net realized and unrealized gain (loss) | 0.38 | (2.53) | 8.00 | (0.45) | 1.36 | (0.02) |
TOTAL FROM INVESTMENT OPERATIONS | 0.48 | (2.37) | 8.15 | (0.28) | 1.57 | 0.24 |
Less Distributions: | ||||||
Distributions from net investment income | (0.13) | (0.15) | (0.12) | (0.17) | (0.22) | (0.24) |
Distributions from net realized gain | (1.71) | (4.22) | (2.86) | (1.88) | (4.36) | (4.06) |
TOTAL DISTRIBUTIONS | (1.84) | (4.37) | (2.98) | (2.05) | (4.58) | (4.30) |
Net Asset Value, End of Period | $15.44 | $16.80 | $23.54 | $18.37 | $20.70 | $23.71 |
Total Return1 | 3.02% | (12.06)% | 48.52% | (1.63)% | 8.32% | 0.56% |
Ratios to Average Net Assets: | ||||||
Net expenses2 | 0.56%3 | 0.56% | 0.56% | 0.56% | 0.56% | 0.56% |
Net investment income | 1.28%3 | 0.92% | 0.71% | 0.95% | 1.08% | 1.03% |
Expense waiver/reimbursement4 | 0.15%3 | 0.14% | 0.13% | 0.13% | 0.11% | 0.10% |
Supplemental Data: | ||||||
Net assets, end of period (000 omitted) | $210,454 | $224,874 | $306,048 | $251,645 | $336,868 | $434,678 |
Portfolio turnover5 | 14% | 32% | 31% | 34% | 31% | 29% |
Six Months Ended (unaudited) 4/30/2023 | Year Ended October 31, | |||||
2022 | 2021 | 2020 | 2019 | 2018 | ||
Net Asset Value, Beginning of Period | $16.80 | $23.55 | $18.38 | $20.71 | $23.72 | $27.78 |
Income From Investment Operations: | ||||||
Net investment income | 0.11 | 0.20 | 0.21 | 0.22 | 0.26 | 0.32 |
Net realized and unrealized gain (loss) | 0.40 | (2.53) | 8.00 | (0.45) | 1.36 | (0.01) |
TOTAL FROM INVESTMENT OPERATIONS | 0.51 | (2.33) | 8.21 | (0.23) | 1.62 | 0.31 |
Less Distributions: | ||||||
Distributions from net investment income | (0.15) | (0.20) | (0.18) | (0.22) | (0.27) | (0.31) |
Distributions from net realized gain | (1.71) | (4.22) | (2.86) | (1.88) | (4.36) | (4.06) |
TOTAL DISTRIBUTIONS | (1.86) | (4.42) | (3.04) | (2.10) | (4.63) | (4.37) |
Net Asset Value, End of Period | $15.45 | $16.80 | $23.55 | $18.38 | $20.71 | $23.72 |
Total Return1 | 3.22% | (11.87)% | 48.87% | (1.35)% | 8.59% | 0.83% |
Ratios to Average Net Assets: | ||||||
Net expenses2 | 0.30%3 | 0.30% | 0.30% | 0.30% | 0.30% | 0.30% |
Net investment income | 1.53%3 | 1.19% | 0.96% | 1.21% | 1.34% | 1.26% |
Expense waiver/reimbursement4 | 0.13%3 | 0.11% | 0.10% | 0.11% | 0.08% | 0.07% |
Supplemental Data: | ||||||
Net assets, end of period (000 omitted) | $51,005 | $43,205 | $48,011 | $37,590 | $53,991 | $46,064 |
Portfolio turnover5 | 14% | 32% | 31% | 34% | 31% | 29% |
April 30, 2023 (unaudited)
Assets: | ||
Investment in securities, at value including $12,210,724 of investment in affiliated holdings* (identified cost $205,257,894, including $11,947,564 of identified cost in affiliated holdings) | $319,485,277 | |
Due from broker (Note 2) | 720,000 | |
Receivable for shares sold | 203,152 | |
Receivable for variation margin on futures contracts | 125,400 | |
Income receivable | 104,576 | |
Income receivable from affiliated holdings | 47,547 | |
TOTAL ASSETS | 320,685,952 | |
Liabilities: | ||
Payable for shares redeemed | $122,669 | |
Payable for portfolio accounting fees | 74,343 | |
Payable for other service fees (Notes 2 and 5) | 47,241 | |
Payable for transfer agent fee (Note 2) | 28,841 | |
Payable for custodian fees | 17,952 | |
Payable for management fee (Note 5) | 6,205 | |
Accrued expenses (Note 5) | 4,098 | |
TOTAL LIABILITIES | 301,349 | |
Net assets for 20,749,928 shares outstanding | $320,384,603 | |
Net Assets Consists of: | ||
Paid-in capital | $194,897,116 | |
Total distributable earnings (loss) | 125,487,487 | |
TOTAL NET ASSETS | $320,384,603 | |
Net Asset Value, Offering Price and Redemption Proceeds Per Share: | ||
Institutional Shares: | ||
Net asset value per share ($58,925,265 ÷ 3,822,539 shares outstanding) no par value, unlimited shares authorized | $15.42 | |
Service Shares: | ||
Net asset value per share ($210,454,230 ÷ 13,626,447 shares outstanding) no par value, unlimited shares authorized | $15.44 | |
Class R6 Shares: | ||
Net asset value per share ($51,005,108 ÷ 3,300,942 shares outstanding) no par value, unlimited shares authorized | $15.45 |
Six Months Ended April 30, 2023 (unaudited)
Investment Income: | |||
Dividends (including $292,706 received from affiliated holdings*) | $3,039,185 | ||
Net income on securities loaned (includes $7,896 earned from an affiliated holding related to cash collateral balances*) | 7,452 | ||
TOTAL INCOME | 3,046,637 | ||
Expenses: | |||
Management fee (Note 5) | $494,767 | ||
Custodian fees | 12,648 | ||
Transfer agent fees (Note 2) | 93,714 | ||
Directors’/Trustees’ fees (Note 5) | 2,594 | ||
Auditing fees | 14,365 | ||
Legal fees | 4,844 | ||
Other service fees (Notes 2 and 5) | 263,263 | ||
Portfolio accounting fees | 64,114 | ||
Share registration costs | 26,276 | ||
Printing and postage | 10,610 | ||
Miscellaneous (Note 5) | 50,594 | ||
TOTAL EXPENSES | 1,037,789 | ||
Waiver and Reimbursements: | |||
Waiver/reimbursement of management fee (Note 5) | $(211,125) | ||
Reimbursement of other operating expenses (Note 2 and 5) | (41,357) | ||
TOTAL WAIVER AND REIMBURSEMENTS | (252,482) | ||
Net expenses | 785,307 | ||
Net investment income | $2,261,330 |
Realized and Unrealized Gain (Loss) on Investments and Futures Contracts: | |||
Net realized gain on investments (including net realized gain of $32,493 on sales of investments in affiliated holdings*) | $15,165,728 | ||
Net realized gain on futures contracts | 1,032,174 | ||
Net change in unrealized appreciation of investments (including net change in unrealized appreciation of $61,178 of investments in affiliated holdings*) | (6,910,347) | ||
Net change in unrealized appreciation of futures contracts | (967,398) | ||
Net realized and unrealized gain on investments and futures contracts | 8,320,157 | ||
Change in net assets resulting from operations | $10,581,487 |
Six Months Ended (unaudited) 4/30/2023 | Year Ended 10/31/2022 | |
Increase (Decrease) in Net Assets | ||
Operations: | ||
Net investment income | $2,261,330 | $4,032,653 |
Net realized gain | 16,197,902 | 33,796,821 |
Net change in unrealized appreciation/depreciation | (7,877,745) | (90,594,371) |
CHANGE IN NET ASSETS RESULTING FROM OPERATIONS | 10,581,487 | (52,764,897) |
Distributions to Shareholders: | ||
Institutional Shares | (8,839,684) | (20,615,815) |
Service Shares | (23,260,210) | (55,559,663) |
Class R6 Shares | (4,843,294) | (9,186,618) |
CHANGE IN NET ASSETS RESULTING FROM DISTRIBUTIONS TO SHAREHOLDERS | (36,943,188) | (85,362,096) |
Share Transactions: | ||
Proceeds from sale of shares | 25,710,208 | 56,749,675 |
Net asset value of shares issued to shareholders in payment of distributions declared | 35,816,057 | 83,065,319 |
Cost of shares redeemed | (65,214,897) | (114,926,071) |
CHANGE IN NET ASSETS RESULTING FROM SHARE TRANSACTIONS | (3,688,632) | 24,888,923 |
Change in net assets | (30,050,333) | (113,238,070) |
Net Assets: | ||
Beginning of period | 350,434,936 | 463,673,006 |
End of period | $320,384,603 | $350,434,936 |
Transfer Agent Fees Incurred | Transfer Agent Fees Reimbursed | |
Institutional Shares | $23,995 | $(27,688) |
Service Shares | 65,038 | (13,669) |
Class R6 Shares | 4,681 | — |
TOTAL | $93,714 | $(41,357) |
Other Service Fees Incurred | |
Service Shares | $263,263 |
Fair Value of Derivative Instruments | |||
Asset | |||
Statement of Assets and Liabilities Location | Fair Value | ||
Derivatives not accounted for as hedging instruments under ASC Topic 815 | |||
Equity contracts | Receivable for variation margin on futures contracts | $162,068* |
Amount of Realized Gain or (Loss) on Derivatives Recognized in Income | |
Futures Contracts | |
Equity Contracts | $1,032,174 |
Change in Unrealized Appreciation or (Depreciation) on Derivatives Recognized in Income | |
Futures Contracts | |
Equity Contracts | $(967,398) |
Six Months Ended 4/30/2023 | Year Ended 10/31/2022 | |||
Institutional Shares: | Shares | Amount | Shares | Amount |
Shares sold | 255,918 | $4,072,898 | 1,325,616 | $23,986,449 |
Shares issued to shareholders in payment of distributions declared | 549,624 | 8,430,065 | 1,047,465 | 19,825,449 |
Shares redeemed | (1,894,310) | (29,496,452) | (2,124,491) | (37,205,220) |
NET CHANGE RESULTING FROM INSTITUTIONAL SHARE TRANSACTIONS | (1,088,768) | $(16,993,489) | 248,590 | $6,606,678 |
Six Months Ended 4/30/2023 | Year Ended 10/31/2022 | |||
Service Shares: | Shares | Amount | Shares | Amount |
Shares sold | 714,449 | $11,355,794 | 1,244,586 | $22,530,411 |
Shares issued to shareholders in payment of distributions declared | 1,476,817 | 22,699,134 | 2,867,872 | 54,415,617 |
Shares redeemed | (1,953,652) | (32,020,152) | (3,726,237) | (68,663,599) |
NET CHANGE RESULTING FROM SERVICE SHARE TRANSACTIONS | 237,614 | $2,034,776 | 386,221 | $8,282,429 |
Six Months Ended 4/30/2023 | Year Ended 10/31/2022 | |||
Class R6 Shares: | Shares | Amount | Shares | Amount |
Shares sold | 657,341 | $10,281,516 | 563,408 | $10,232,815 |
Shares issued to shareholders in payment of distributions declared | 304,921 | 4,686,858 | 465,448 | 8,824,253 |
Shares redeemed | (232,443) | (3,698,293) | (496,547) | (9,057,252) |
NET CHANGE RESULTING FROM CLASS R6 SHARE TRANSACTIONS | 729,819 | $11,270,081 | 532,309 | $9,999,816 |
NET CHANGE RESULTING FROM TOTAL FUND SHARE TRANSACTIONS | (121,335) | $(3,688,632) | 1,167,120 | $24,888,923 |
Purchases | $44,949,381 |
Sales | $80,472,756 |
Beginning Account Value 11/1/2022 | Ending Account Value 4/30/2023 | Expenses Paid During Period1 | |
Actual: | |||
Institutional Shares | $1,000.00 | $1,032.30 | $1.56 |
Service Shares | $1,000.00 | $1,030.20 | $2.82 |
Class R6 Shares | $1,000.00 | $1,032.20 | $1.51 |
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
IMPORTANT NOTICE ABOUT FUND DOCUMENT DELIVERY
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 | 25.2% |
Health Care | 14.0% |
Financials | 12.6% |
Consumer Discretionary | 9.7% |
Industrials | 8.1% |
Communication Services | 8.0% |
Consumer Staples | 7.0% |
Energy | 4.5% |
Utilities | 2.8% |
Real Estate | 2.5% |
Materials | 2.5% |
Derivative Contracts2 | 0.2% |
Cash Equivalents3 | 2.9% |
Other Assets and Liabilities—Net4,5 | (0.0)% |
TOTAL6 | 100% |
Shares | Value | ||
1 | COMMON STOCKS—96.9% | ||
Communication Services—8.0% | |||
3,539 | Activision Blizzard, Inc. | $275,016 | |
31,508 | 2 | Alphabet, Inc., Class A | 3,382,069 |
27,477 | 2 | Alphabet, Inc., Class C | 2,973,561 |
36,829 | AT&T, Inc. | 650,768 | |
505 | 2 | Charter Communications, Inc. | 186,194 |
24,601 | Comcast Corp., Class A | 1,017,743 | |
1,263 | Electronic Arts, Inc. | 160,755 | |
1,301 | Fox Corp., Class A | 43,271 | |
438 | Fox Corp., Class B | 13,377 | |
494 | 2 | Live Nation Entertainment, Inc. | 33,483 |
1,816 | 2 | Match Group, Inc. | 67,010 |
11,316 | 2 | Meta Platforms, Inc. | 2,719,461 |
2,293 | 2 | Netflix, Inc. | 756,530 |
1,480 | News Corp., Inc., Class A | 26,063 | |
89 | News Corp., Inc., Class B | 1,580 | |
2,069 | Omnicom Group, Inc. | 187,389 | |
2,508 | 2 | T-Mobile USA, Inc. | 360,901 |
836 | 2 | Take-Two Interactive Software, Inc. | 103,906 |
22,546 | Verizon Communications, Inc. | 875,461 | |
9,725 | 2 | Walt Disney Co. | 996,813 |
17,823 | 2 | Warner Bros. Discovery, Inc. | 242,571 |
TOTAL | 15,073,922 | ||
Consumer Discretionary—9.7% | |||
47,080 | 2 | Amazon.com, Inc. | 4,964,586 |
1,585 | 2 | Aptiv PLC | 163,033 |
93 | 2 | AutoZone, Inc. | 247,688 |
3,682 | Bath & Body Works, Inc. | 129,238 | |
240 | 2 | Booking Holdings, Inc. | 644,714 |
863 | BorgWarner, Inc. | 41,536 | |
1,522 | 2 | Caesars Entertainment Corp. | 68,931 |
535 | 2 | CarMax, Inc. | 37,466 |
199 | 2 | Chipotle Mexican Grill, Inc. | 411,456 |
1,648 | D. R. Horton, Inc. | 180,983 | |
526 | Darden Restaurants, Inc. | 79,915 | |
131 | Domino’s Pizza, Inc. | 41,589 |
Shares | Value | ||
1 | COMMON STOCKS—continued | ||
Consumer Discretionary—continued | |||
4,969 | eBay, Inc. | $230,711 | |
1,499 | 2 | Etsy, Inc. | 151,444 |
1,698 | 2 | Expedia Group, Inc. | 159,544 |
13,269 | Ford Motor Co. | 157,636 | |
796 | Garmin Ltd. | 78,143 | |
6,853 | General Motors Co. | 226,423 | |
638 | Genuine Parts Co. | 107,382 | |
321 | Hasbro, Inc. | 19,010 | |
1,532 | Hilton Worldwide Holdings, Inc. | 220,639 | |
5,438 | Home Depot, Inc. | 1,634,336 | |
1,714 | 2 | Las Vegas Sands Corp. | 109,439 |
1,216 | Lennar Corp., Class A | 137,177 | |
2,934 | LKQ Corp. | 169,380 | |
3,278 | Lowe’s Cos., Inc. | 681,267 | |
878 | Marriott International, Inc., Class A | 148,680 | |
3,928 | McDonald’s Corp. | 1,161,706 | |
1,905 | MGM Resorts International | 85,573 | |
97 | 2 | Mohawk Industries, Inc. | 10,272 |
6,716 | Nike, Inc., Class B | 851,051 | |
2,025 | 2 | Norwegian Cruise Line Holdings Ltd. | 27,034 |
32 | 2 | NVR, Inc. | 186,880 |
314 | 2 | O’Reilly Automotive, Inc. | 288,035 |
256 | Pool Corp. | 89,938 | |
878 | Pulte Group, Inc. | 58,958 | |
1,760 | Ross Stores, Inc. | 187,845 | |
1,210 | 2 | Royal Caribbean Cruises, Ltd. | 79,170 |
6,237 | Starbucks Corp. | 712,827 | |
821 | Tapestry, Inc. | 33,505 | |
14,662 | 2 | Tesla, Inc. | 2,409,113 |
6,330 | TJX Cos., Inc. | 498,931 | |
509 | Tractor Supply Co. | 121,346 | |
234 | 2 | Ulta Beauty, Inc. | 129,035 |
926 | V.F. Corp. | 21,770 | |
962 | Whirlpool Corp. | 134,286 | |
381 | 2 | Wynn Resorts Ltd. | 43,541 |
795 | Yum! Brands, Inc. | 111,761 | |
TOTAL | 18,484,923 |
Shares | Value | ||
1 | COMMON STOCKS—continued | ||
Consumer Staples—7.0% | |||
9,041 | Altria Group, Inc. | $429,538 | |
2,658 | Archer-Daniels-Midland Co. | 207,537 | |
1,245 | Brown-Forman Corp., Class B | 81,037 | |
736 | Campbell Soup Co. | 39,965 | |
1,376 | Church and Dwight, Inc. | 133,637 | |
1,215 | Clorox Co. | 201,228 | |
4,285 | Colgate-Palmolive Co. | 341,943 | |
2,028 | Conagra Brands, Inc. | 76,983 | |
776 | Constellation Brands, Inc., Class A | 178,069 | |
2,377 | Costco Wholesale Corp. | 1,196,154 | |
768 | Dollar General Corp. | 170,081 | |
993 | 2 | Dollar Tree, Inc. | 152,634 |
854 | Estee Lauder Cos., Inc., Class A | 210,699 | |
4,195 | General Mills, Inc. | 371,803 | |
1,132 | Hershey Foods Corp. | 309,104 | |
1,377 | Hormel Foods Corp. | 55,686 | |
2,694 | Kellogg Co. | 187,960 | |
4,980 | Keurig Dr Pepper, Inc. | 162,846 | |
1,643 | Kimberly-Clark Corp. | 238,054 | |
1,914 | Kraft Heinz Co./The | 75,163 | |
3,066 | Kroger Co. | 149,100 | |
581 | Lamb Weston Holdings, Inc. | 64,962 | |
1,234 | McCormick & Co., Inc. | 108,407 | |
653 | Molson Coors Beverage Company, Class B | 38,841 | |
7,453 | Mondelez International, Inc. | 571,794 | |
2,330 | 2 | Monster Beverage Corp. | 130,480 |
7,365 | PepsiCo, Inc. | 1,405,905 | |
8,219 | Philip Morris International, Inc. | 821,653 | |
12,568 | Procter & Gamble Co. | 1,965,384 | |
1,130 | Smucker (J.M.) Co. | 174,483 | |
2,814 | Sysco Corp. | 215,946 | |
1,893 | Target Corp. | 298,621 | |
20,822 | The Coca-Cola Co. | 1,335,731 | |
15 | Tyson Foods, Inc., Class A | 937 | |
1,164 | Walgreens Boots Alliance, Inc. | 41,031 | |
8,029 | WalMart Inc. | 1,212,138 | |
TOTAL | 13,355,534 |
Shares | Value | ||
1 | COMMON STOCKS—continued | ||
Energy—4.5% | |||
5,687 | Baker Hughes a GE Co. LLC | $166,288 | |
9,356 | Chevron Corp. | 1,577,234 | |
6,275 | ConocoPhillips | 645,635 | |
7,873 | Coterra Energy, Inc., Class A | 201,549 | |
1,562 | Devon Energy Corp. | 83,458 | |
830 | Diamondback Energy, Inc. | 118,026 | |
2,932 | EOG Resources, Inc. | 350,286 | |
4,835 | EQT Corp. | 168,451 | |
21,695 | Exxon Mobil Corp. | 2,567,386 | |
4,206 | Halliburton Co. | 137,746 | |
1,319 | Hess Corp. | 191,334 | |
9,939 | Kinder Morgan, Inc. | 170,454 | |
7,317 | Marathon Oil Corp. | 176,779 | |
2,535 | Marathon Petroleum Corp. | 309,270 | |
3,540 | Occidental Petroleum Corp. | 217,816 | |
2,644 | ONEOK, Inc. | 172,944 | |
2,275 | Phillips 66 | 225,225 | |
1,722 | Pioneer Natural Resources, Inc. | 374,621 | |
5,602 | Schlumberger Ltd. | 276,459 | |
1,897 | Valero Energy Corp. | 217,529 | |
5,931 | Williams Cos., Inc. | 179,472 | |
TOTAL | 8,527,962 | ||
Financials—12.6% | |||
2,674 | Aflac, Inc. | 186,779 | |
1,492 | Allstate Corp. | 172,714 | |
3,249 | American Express Co. | 524,194 | |
5,659 | American International Group, Inc. | 300,153 | |
616 | Ameriprise Financial, Inc. | 187,954 | |
1,142 | Aon PLC | 371,356 | |
2,216 | 2 | Arch Capital Group Ltd. | 166,355 |
121 | Assurant, Inc. | 14,899 | |
37,423 | Bank of America Corp. | 1,095,745 | |
3,487 | Bank of New York Mellon Corp. | 148,511 | |
9,216 | 2 | Berkshire Hathaway, Inc., Class B | 3,027,917 |
817 | BlackRock, Inc. | 548,370 | |
2,945 | Capital One Financial Corp. | 286,548 | |
419 | Cboe Global Markets, Inc. | 58,534 | |
8,166 | Charles Schwab Corp. | 426,592 |
Shares | Value | ||
1 | COMMON STOCKS—continued | ||
Financials—continued | |||
2,281 | Chubb Ltd. | $459,758 | |
987 | Cincinnati Financial Corp. | 105,056 | |
9,923 | Citigroup, Inc. | 467,076 | |
1,823 | CME Group, Inc. | 338,659 | |
2,525 | Comerica, Inc. | 109,509 | |
2,323 | Discover Financial Services | 240,361 | |
157 | Everest Re Group Ltd. | 59,346 | |
203 | FactSet Research Systems | 83,573 | |
4,804 | Fidelity National Information Services, Inc. | 282,091 | |
3,023 | Fifth Third Bancorp | 79,203 | |
980 | First Republic Bank | 3,440 | |
3,191 | 2 | Fiserv, Inc. | 389,685 |
857 | Franklin Resources, Inc. | 23,036 | |
643 | Gallagher (Arthur J.) & Co. | 133,783 | |
1,215 | Global Payments, Inc. | 136,943 | |
317 | Globe Life, Inc. | 34,401 | |
1,731 | Goldman Sachs Group, Inc. | 594,495 | |
1,408 | Hartford Financial Services Group, Inc. | 99,954 | |
267 | Henry Jack & Associates, Inc. | 43,612 | |
6,044 | Huntington Bancshares, Inc. | 67,693 | |
3,124 | Intercontinental Exchange, Inc. | 340,297 | |
1,311 | Invesco Ltd. | 22,457 | |
15,608 | JPMorgan Chase & Co. | 2,157,650 | |
3,502 | KeyCorp | 39,433 | |
23 | Lincoln National Corp. | 500 | |
716 | Loews Corp. | 41,220 | |
209 | M&T Bank Corp. | 26,292 | |
2,721 | Marsh & McLennan Cos., Inc. | 490,297 | |
4,501 | Mastercard, Inc. | 1,710,515 | |
3,174 | MetLife, Inc. | 194,661 | |
538 | Moody’s Corp. | 168,459 | |
7,896 | Morgan Stanley | 710,403 | |
262 | MSCI, Inc., Class A | 126,402 | |
2,117 | NASDAQ, Inc. | 117,218 | |
958 | Northern Trust Corp. | 74,877 | |
6,057 | 2 | PayPal Holdings, Inc. | 460,332 |
2,250 | PNC Financial Services Group, Inc. | 293,062 | |
2,404 | Principal Financial Group, Inc. | 179,555 |
Shares | Value | ||
1 | COMMON STOCKS—continued | ||
Financials—continued | |||
2,475 | Progressive Corp., OH | $337,590 | |
3,004 | Prudential Financial, Inc. | 261,348 | |
919 | Raymond James Financial, Inc. | 83,197 | |
5,397 | Regions Financial Corp. | 98,549 | |
1,480 | S&P Global, Inc. | 536,618 | |
3,009 | State Street Corp. | 217,430 | |
5,299 | Synchrony Financial | 156,373 | |
1,345 | T. Rowe Price Group, Inc. | 151,084 | |
1,118 | The Travelers Cos., Inc. | 202,515 | |
9,650 | Truist Financial Corp. | 314,397 | |
7,830 | U.S. Bancorp | 268,412 | |
8,171 | Visa, Inc., Class A | 1,901,637 | |
17,881 | Wells Fargo & Co. | 710,770 | |
945 | Willis Towers Watson PLC | 218,862 | |
246 | Zions Bancorporation, N.A. | 6,854 | |
TOTAL | 23,887,561 | ||
Health Care—14.0% | |||
9,374 | Abbott Laboratories | 1,035,546 | |
9,332 | AbbVie, Inc. | 1,410,252 | |
1,688 | Agilent Technologies, Inc. | 228,606 | |
437 | 2 | Align Technology, Inc. | 142,156 |
739 | AmerisourceBergen Corp. | 123,302 | |
3,189 | Amgen, Inc. | 764,531 | |
4,938 | Baxter International, Inc. | 235,444 | |
1,571 | Becton Dickinson & Co. | 415,231 | |
149 | 2 | Bio-Rad Laboratories, Inc., Class A | 67,168 |
694 | 2 | Biogen, Inc. | 211,136 |
7,918 | 2 | Boston Scientific Corp. | 412,686 |
12,518 | Bristol-Myers Squibb Co. | 835,827 | |
2,597 | Cardinal Health, Inc. | 213,214 | |
4,287 | 2 | Centene Corp. | 295,503 |
260 | 2 | Charles River Laboratories International, Inc. | 49,431 |
311 | Cooper Cos., Inc. | 118,631 | |
7,926 | CVS Health Corp. | 581,055 | |
3,528 | Danaher Corp. | 835,818 | |
1,409 | 2 | Davita, Inc. | 127,317 |
1,109 | Dentsply Sirona, Inc. | 46,500 | |
2,801 | 2 | Dexcom, Inc. | 339,873 |
Shares | Value | ||
1 | COMMON STOCKS—continued | ||
Health Care—continued | |||
2,196 | 2 | Edwards Lifesciences Corp. | $193,204 |
1,223 | Elevance Health, Inc. | 573,159 | |
3,896 | Eli Lilly & Co. | 1,542,271 | |
2,065 | 2 | GE HealthCare Technologies, Inc. | 167,967 |
6,360 | Gilead Sciences, Inc. | 522,856 | |
1,050 | HCA Healthcare, Inc. | 301,696 | |
492 | 2 | Henry Schein, Inc. | 39,759 |
1,502 | 2 | Hologic, Inc. | 129,187 |
624 | Humana, Inc. | 331,026 | |
253 | 2 | IDEXX Laboratories, Inc. | 124,516 |
907 | 2 | Illumina, Inc. | 186,443 |
2,157 | 2 | Incyte Genomics, Inc. | 160,502 |
646 | 2 | Insulet Corp. | 205,454 |
1,485 | 2 | Intuitive Surgical, Inc. | 447,312 |
1,069 | 2 | IQVIA Holdings, Inc. | 201,218 |
13,906 | Johnson & Johnson | 2,276,412 | |
388 | Laboratory Corp. of America Holdings | 87,963 | |
671 | McKesson Corp. | 244,405 | |
5,916 | Medtronic PLC | 538,060 | |
13,213 | Merck & Co., Inc. | 1,525,705 | |
128 | 2 | Mettler-Toledo International, Inc. | 190,912 |
1,168 | 2 | Moderna, Inc. | 155,215 |
242 | 2 | Molina Healthcare, Inc. | 72,089 |
538 | Organon & Co. | 13,251 | |
805 | PerkinElmer, Inc. | 105,044 | |
31,775 | Pfizer, Inc. | 1,235,730 | |
455 | Quest Diagnostics, Inc. | 63,159 | |
577 | 2 | Regeneron Pharmaceuticals, Inc. | 462,633 |
362 | ResMed, Inc. | 87,228 | |
621 | STERIS PLC | 117,090 | |
1,461 | Stryker Corp. | 437,789 | |
1,512 | The Cigna Group | 382,974 | |
1,912 | Thermo Fisher Scientific, Inc. | 1,060,969 | |
4,966 | UnitedHealth Group, Inc. | 2,443,719 | |
194 | Universal Health Services, Inc., Class B | 29,168 | |
1,414 | 2 | Vertex Pharmaceuticals, Inc. | 481,792 |
15,587 | Viatris, Inc. | 145,427 | |
370 | 2 | Waters Corp. | 111,133 |
Shares | Value | ||
1 | COMMON STOCKS—continued | ||
Health Care—continued | |||
442 | West Pharmaceutical Services, Inc. | $159,668 | |
1,182 | Zimmer Biomet Holdings, Inc. | 163,636 | |
1,934 | Zoetis, Inc. | 339,958 | |
TOTAL | 26,546,926 | ||
Industrials—8.1% | |||
2,066 | 3M Co. | 219,451 | |
1,286 | Allegion PLC | 142,077 | |
1,340 | Ametek, Inc. | 184,826 | |
2,267 | Automatic Data Processing, Inc. | 498,740 | |
2,987 | 2 | Boeing Co. | 617,652 |
1,510 | C.H. Robinson Worldwide, Inc. | 152,314 | |
4,793 | Carrier Global Corp. | 200,443 | |
2,666 | Caterpillar, Inc. | 583,321 | |
496 | Cintas Corp. | 226,062 | |
2,511 | 2 | Copart, Inc. | 198,495 |
2,403 | 2 | CoStar Group, Inc. | 184,911 |
10,982 | CSX Corp. | 336,488 | |
670 | Cummins, Inc. | 157,477 | |
1,203 | Deere & Co. | 454,758 | |
3,901 | 2 | Delta Air Lines, Inc. | 133,843 |
811 | Dover Corp. | 118,536 | |
2,140 | Eaton Corp. PLC | 357,637 | |
2,801 | Emerson Electric Co. | 233,211 | |
211 | Equifax, Inc. | 43,968 | |
1,653 | Expeditors International Washington, Inc. | 188,178 | |
1,345 | Fastenal Co. | 72,415 | |
1,139 | FedEx Corp. | 259,441 | |
3,194 | Fortive Corp. | 201,509 | |
359 | 2 | Generac Holdings, Inc. | 36,697 |
1,108 | General Dynamics Corp. | 241,921 | |
5,936 | General Electric Co. | 587,486 | |
3,617 | Honeywell International, Inc. | 722,821 | |
4,101 | Howmet Aerospace, Inc. | 181,633 | |
336 | Hunt (J.B.) Transportation Services, Inc. | 58,897 | |
636 | Huntington Ingalls Industries, Inc. | 128,256 | |
402 | IDEX Corp. | 82,941 | |
1,086 | Illinois Tool Works, Inc. | 262,747 | |
3,767 | Ingersoll-Rand, Inc. | 214,794 |
Shares | Value | ||
1 | COMMON STOCKS—continued | ||
Industrials—continued | |||
3,458 | Johnson Controls International PLC | $206,927 | |
918 | L3Harris Technologies Inc. | 179,148 | |
1,665 | Leidos Holdings, Inc. | 155,278 | |
1,162 | Lockheed Martin Corp. | 539,691 | |
317 | Nordson Corp. | 68,570 | |
1,117 | Norfolk Southern Corp. | 226,784 | |
720 | Northrop Grumman Corp. | 332,114 | |
530 | Old Dominion Freight Lines, Inc. | 169,807 | |
2,403 | Otis Worldwide Corp. | 204,976 | |
2,507 | PACCAR, Inc. | 187,248 | |
621 | Parker-Hannifin Corp. | 201,750 | |
889 | Paychex, Inc. | 97,666 | |
819 | Pentair PLC | 47,568 | |
1,309 | Quanta Services, Inc. | 222,059 | |
7,550 | Raytheon Technologies Corp. | 754,245 | |
1,737 | Republic Services, Inc. | 251,205 | |
459 | Robert Half International, Inc. | 33,507 | |
296 | Rockwell Automation, Inc. | 83,889 | |
1,700 | Rollins, Inc. | 71,825 | |
410 | Smith (A.O.) Corp. | 27,999 | |
271 | Southwest Airlines Co. | 8,209 | |
2,396 | Textron Inc. | 160,388 | |
1,213 | Trane Technologies plc | 225,388 | |
151 | Transdigm Group, Inc. | 115,515 | |
3,218 | Union Pacific Corp. | 629,763 | |
2,079 | 2 | United Airlines Holdings, Inc. | 91,060 |
3,757 | United Parcel Service, Inc. | 675,546 | |
586 | United Rentals, Inc. | 211,610 | |
922 | Verisk Analytics, Inc. | 178,969 | |
256 | W.W. Grainger, Inc. | 178,066 | |
1,867 | Wabtec Corp. | 182,350 | |
1,930 | Waste Management, Inc. | 320,476 | |
1,131 | Xylem, Inc. | 117,443 | |
TOTAL | 15,440,985 | ||
Information Technology—25.2% | |||
3,391 | Accenture PLC | 950,463 | |
2,662 | 2 | Adobe, Inc. | 1,005,065 |
8,687 | 2 | Advanced Micro Devices, Inc. | 776,357 |
Shares | Value | ||
1 | COMMON STOCKS—continued | ||
Information Technology—continued | |||
2,033 | 2 | Akamai Technologies, Inc. | $166,645 |
3,361 | Amphenol Corp., Class A | 253,655 | |
3,142 | Analog Devices, Inc. | 565,183 | |
515 | 2 | Ansys, Inc. | 161,669 |
77,900 | Apple, Inc. | 13,218,072 | |
4,590 | Applied Materials, Inc. | 518,808 | |
769 | 2 | Arista Networks, Inc. | 123,163 |
1,574 | 2 | Autodesk, Inc. | 306,599 |
2,228 | Broadcom, Inc. | 1,395,842 | |
1,027 | 2 | Cadence Design Systems, Inc. | 215,105 |
804 | CDW Corp. | 136,350 | |
1,023 | 2 | Ceridian HCM Holding, Inc. | 64,940 |
23,414 | Cisco Systems, Inc. | 1,106,311 | |
2,386 | Cognizant Technology Solutions Corp. | 142,468 | |
3,492 | Corning, Inc. | 116,004 | |
4,921 | 2 | DXC Technology Co. | 117,366 |
741 | 2 | Enphase Energy, Inc. | 121,672 |
361 | 2 | EPAM Systems, Inc. | 101,961 |
239 | 2 | F5, Inc. | 32,112 |
107 | 2 | Fair Isaac & Co., Inc. | 77,891 |
946 | 2 | First Solar, Inc. | 172,721 |
3,703 | 2 | Fortinet Inc. | 233,474 |
132 | 2 | Gartner, Inc., Class A | 39,925 |
1,921 | Gen Digital, Inc. | 33,944 | |
5,542 | Hewlett Packard Enterprise Co. | 79,361 | |
4,498 | HP, Inc. | 133,636 | |
4,630 | IBM Corp. | 585,278 | |
21,246 | Intel Corp. | 659,901 | |
1,691 | Intuit, Inc. | 750,719 | |
1,503 | 2 | Keysight Technologies, Inc. | 217,394 |
775 | KLA Corp. | 299,569 | |
542 | Lam Research Corp. | 284,051 | |
2,678 | Microchip Technology, Inc. | 195,467 | |
5,448 | Micron Technology, Inc. | 350,633 | |
39,333 | Microsoft Corp. | 12,085,458 | |
61 | Monolithic Power Systems | 28,180 | |
947 | Motorola Solutions, Inc. | 275,956 | |
2,546 | NetApp, Inc. | 160,118 |
Shares | Value | ||
1 | COMMON STOCKS—continued | ||
Information Technology—continued | |||
13,046 | NVIDIA Corp. | $3,620,135 | |
1,270 | NXP Semiconductors NV | 207,950 | |
2,263 | 2 | ON Semiconductor Corp. | 162,845 |
7,976 | Oracle Corp. | 755,487 | |
305 | 2 | Paycom Software, Inc. | 88,563 |
537 | 2 | PTC, Inc. | 67,549 |
1,426 | 2 | Qorvo, Inc. | 131,306 |
6,607 | Qualcomm, Inc. | 771,698 | |
356 | Roper Technologies, Inc. | 161,902 | |
5,302 | 2 | Salesforce, Inc. | 1,051,758 |
728 | Seagate Technology Holdings PLC | 42,785 | |
1,110 | 2 | ServiceNow, Inc. | 509,956 |
688 | Skyworks Solutions, Inc. | 72,859 | |
850 | 2 | Synopsys, Inc. | 315,622 |
1,809 | TE Connectivity Ltd. | 221,367 | |
36 | 2 | Teledyne Technologies, Inc. | 14,918 |
4,879 | Texas Instruments, Inc. | 815,769 | |
1,654 | 2 | Trimble, Inc. | 77,903 |
259 | 2 | Tyler Technologies, Inc. | 98,169 |
933 | 2 | Verisign, Inc. | 206,939 |
1,375 | 2 | Western Digital Corp. | 47,355 |
332 | 2 | Zebra Technologies Corp., Class A | 95,626 |
TOTAL | 47,797,947 | ||
Materials—2.5% | |||
1,109 | Air Products & Chemicals, Inc. | 326,445 | |
674 | Albemarle Corp. | 125,000 | |
6,220 | Amcor PLC | 68,233 | |
529 | Avery Dennison Corp. | 92,300 | |
359 | Celanese Corp. | 38,140 | |
2,230 | CF Industries Holdings, Inc. | 159,623 | |
3,454 | Corteva, Inc. | 211,109 | |
5,433 | Dow, Inc | 295,555 | |
1,156 | DuPont de Nemours, Inc. | 80,596 | |
1,417 | Ecolab, Inc. | 237,829 | |
5,122 | Freeport-McMoRan, Inc. | 194,175 | |
1,205 | International Flavors & Fragrances, Inc. | 116,837 | |
1,373 | International Paper Co. | 45,460 | |
1,135 | LyondellBasell Industries N.V. | 107,382 |
Shares | Value | ||
1 | COMMON STOCKS—continued | ||
Materials—continued | |||
338 | Martin Marietta Materials | $122,762 | |
3,756 | Mosaic Co./The | 160,945 | |
2,599 | New Linde PLC | 960,201 | |
3,806 | Newmont Corp. | 180,405 | |
1,935 | Nucor Corp. | 286,728 | |
1,378 | PPG Industries, Inc. | 193,278 | |
373 | Sealed Air Corp. | 17,900 | |
1,323 | Sherwin-Williams Co. | 314,266 | |
1,701 | Steel Dynamics, Inc. | 176,819 | |
806 | Vulcan Materials Co. | 141,147 | |
715 | WestRock Co. | 21,400 | |
TOTAL | 4,674,535 | ||
Real Estate—2.5% | |||
1,534 | Alexandria Real Estate Equities, Inc. | 190,492 | |
2,541 | American Tower Corp. | 519,355 | |
1,266 | Avalonbay Communities, Inc. | 228,349 | |
2,384 | Boston Properties, Inc. | 127,210 | |
747 | Camden Property Trust | 82,207 | |
1,898 | 2 | CBRE Group, Inc. | 145,501 |
2,246 | Crown Castle, Inc. | 276,460 | |
670 | Digital Realty Trust, Inc. | 66,431 | |
513 | Equinix, Inc. | 371,453 | |
2,093 | Equity Residential Properties Trust | 132,382 | |
258 | Essex Property Trust, Inc. | 56,690 | |
703 | Extra Space Storage, Inc. | 106,884 | |
242 | Federal Realty Investment Trust | 23,931 | |
6,966 | Healthpeak Properties, Inc. | 153,043 | |
9,273 | Host Hotels & Resorts, Inc. | 149,944 | |
257 | Invitation Homes, Inc. | 8,576 | |
1,368 | Iron Mountain, Inc. | 75,568 | |
2,311 | Kimco Realty Corp. | 44,348 | |
726 | Mid-American Apartment Communities, Inc. | 111,659 | |
4,143 | ProLogis Inc. | 518,911 | |
538 | Public Storage | 158,619 | |
3,588 | Realty Income Corp. | 225,470 | |
595 | Regency Centers Corp. | 36,551 | |
907 | SBA Communications, Corp. | 236,627 | |
1,565 | Simon Property Group, Inc. | 177,346 |
Shares | Value | ||
1 | COMMON STOCKS—continued | ||
Real Estate—continued | |||
1,194 | UDR, Inc. | $49,348 | |
1,973 | Ventas, Inc. | 94,803 | |
2,537 | VICI Properties, Inc. | 86,106 | |
1,261 | Welltower, Inc. | 99,897 | |
4,207 | Weyerhaeuser Co. | 125,831 | |
TOTAL | 4,679,992 | ||
Utilities—2.8% | |||
3,581 | AES Corp. | 84,727 | |
2,378 | Ameren Corp. | 211,571 | |
2,521 | American Electric Power Co., Inc. | 232,991 | |
1,140 | American Water Works Co., Inc. | 169,005 | |
908 | Atmos Energy Corp. | 103,639 | |
345 | CenterPoint Energy, Inc. | 10,512 | |
127 | CMS Energy Corp. | 7,907 | |
2,779 | Consolidated Edison Co. | 273,648 | |
612 | Constellation Energy Corp. | 47,369 | |
4,371 | Dominion Energy, Inc. | 249,759 | |
1,821 | DTE Energy Co. | 204,699 | |
3,164 | Duke Energy Corp. | 312,856 | |
2,047 | Edison International | 150,659 | |
909 | Entergy Corp. | 97,790 | |
922 | Evergy, Inc. | 57,265 | |
1,876 | EverSource Energy | 145,596 | |
7,314 | Exelon Corp. | 310,406 | |
3,109 | FirstEnergy Corp. | 123,738 | |
10,712 | NextEra Energy, Inc. | 820,861 | |
5,265 | NiSource, Inc. | 149,842 | |
663 | NRG Energy, Inc. | 22,655 | |
3,091 | 2 | P G & E Corp. | 52,887 |
1,706 | Pinnacle West Capital Corp. | 133,853 | |
3,242 | PPL Corp. | 93,110 | |
2,337 | Public Service Enterprises Group, Inc. | 147,698 | |
1,776 | Sempra Energy | 276,150 | |
6,000 | Southern Co. | 441,300 | |
1,848 | WEC Energy Group, Inc. | 177,722 | |
3,147 | Xcel Energy, Inc. | 220,007 | |
TOTAL | 5,330,222 | ||
TOTAL COMMON STOCKS (IDENTIFIED COST $46,311,240) | 183,800,509 |
Shares | Value | ||
INVESTMENT COMPANY—2.9% | |||
5,525,982 | Federated Hermes Institutional Prime Value Obligations Fund, Institutional Shares, 4.87%3 (IDENTIFIED COST $5,525,050) | $5,525,429 | |
TOTAL INVESTMENT IN SECURITIES—99.8% (IDENTIFIED COST $51,836,290)4 | 189,325,938 | ||
OTHER ASSETS AND LIABILITIES - NET—0.2%5 | 348,791 | ||
TOTAL NET ASSETS—100% | $189,674,729 |
Description | Number of Contracts | Notional Value | Expiration Date | Value and Unrealized Appreciation |
Long Futures: | ||||
S&P 500 E-Mini Index | 28 | $5,863,900 | June 2023 | $388,025 |
Federated Hermes Government Obligations Fund, Premier Shares* | Federated Hermes Institutional Prime Value Obligations Fund, Institutional Shares | Total Affiliated Transactions | |
Value as of 10/31/2022 | $— | $5,472,794 | $5,472,794 |
Purchases at Cost | $75,262 | $58,918,303 | $58,993,565 |
Proceeds from Sales | $(75,262) | $(58,868,897) | $(58,944,159) |
Change in Unrealized Appreciation/Depreciation | $— | $689 | $689 |
Net Realized Gain/(Loss) | $— | $2,540 | $2,540 |
Value as of 4/30/2023 | $— | $5,525,429 | $5,525,429 |
Shares Held as of 4/30/2023 | $— | 5,525,982 | 5,525,982 |
Dividend Income | $95 | $186,362 | $186,457 |
Six Months Ended (unaudited) 4/30/2023 | Year Ended October 31, | |||||
2022 | 2021 | 2020 | 2019 | 2018 | ||
Net Asset Value, Beginning of Period | $7.52 | $10.48 | $9.21 | $9.91 | $12.74 | $15.09 |
Income From Investment Operations: | ||||||
Net investment income1 | 0.02 | 0.01 | 0.002 | 0.04 | 0.06 | 0.06 |
Net realized and unrealized gain (loss) | 0.48 | (1.42) | 3.28 | 0.68 | 1.03 | 0.75 |
TOTAL FROM INVESTMENT OPERATIONS | 0.50 | (1.41) | 3.28 | 0.72 | 1.09 | 0.81 |
Less Distributions: | ||||||
Distributions from net investment income | (0.00)2 | (0.02) | (0.02) | (0.05) | (0.06) | (0.07) |
Distributions from net realized gain | (1.06) | (1.53) | (1.99) | (1.37) | (3.86) | (3.09) |
TOTAL DISTRIBUTIONS | (1.06) | (1.55) | (2.01) | (1.42) | (3.92) | (3.16) |
Net Asset Value, End of Period | $6.96 | $7.52 | $10.48 | $9.21 | $9.91 | $12.74 |
Total Return3 | 7.54% | (15.74)% | 40.91% | 8.04% | 12.59% | 6.09% |
Ratios to Average Net Assets: | ||||||
Net expenses4 | 1.41%5 | 1.41% | 1.41% | 1.42%6 | 1.41% | 1.41% |
Net investment income | 0.46%5 | 0.10% | 0.03% | 0.46% | 0.61% | 0.48% |
Expense waiver/reimbursement7 | 0.18%5 | 0.11% | 0.10% | 0.12% | 0.10% | 0.06% |
Supplemental Data: | ||||||
Net assets, end of period (000 omitted) | $27,279 | $26,374 | $35,915 | $30,451 | $35,742 | $37,324 |
Portfolio turnover8 | 15% | 33% | 33% | 29% | 32% | 30% |
Six Months Ended (unaudited) 4/30/2023 | Year Ended October 31, | |||||
2022 | 2021 | 2020 | 2019 | 2018 | ||
Net Asset Value, Beginning of Period | $7.81 | $10.81 | $9.44 | $10.12 | $12.92 | $15.27 |
Income From Investment Operations: | ||||||
Net investment income1 | 0.03 | 0.03 | 0.03 | 0.07 | 0.09 | 0.10 |
Net realized and unrealized gain (loss) | 0.51 | (1.47) | 3.37 | 0.70 | 1.06 | 0.74 |
TOTAL FROM INVESTMENT OPERATIONS | 0.54 | (1.44) | 3.40 | 0.77 | 1.15 | 0.84 |
Less Distributions: | ||||||
Distributions from net investment income | (0.03) | (0.03) | (0.04) | (0.08) | (0.09) | (0.10) |
Distributions from net realized gain | (1.06) | (1.53) | (1.99) | (1.37) | (3.86) | (3.09) |
TOTAL DISTRIBUTIONS | (1.09) | (1.56) | (2.03) | (1.45) | (3.95) | (3.19) |
Net Asset Value, End of Period | $7.26 | $7.81 | $10.81 | $9.44 | $10.12 | $12.92 |
Total Return2 | 7.78% | (15.48)% | 41.28% | 8.39% | 13.00% | 6.31% |
Ratios to Average Net Assets: | ||||||
Net expenses3 | 1.11%4 | 1.11% | 1.10% | 1.11%5 | 1.08% | 1.11% |
Net investment income | 0.75%4 | 0.40% | 0.34% | 0.75% | 0.94% | 0.79% |
Expense waiver/reimbursement6 | 0.21%4 | 0.13% | 0.10% | 0.12% | 0.11% | 0.07% |
Supplemental Data: | ||||||
Net assets, end of period (000 omitted) | $31,846 | $32,551 | $42,899 | $35,879 | $38,142 | $41,765 |
Portfolio turnover7 | 15% | 33% | 33% | 29% | 32% | 30% |
Six Months Ended (unaudited) 4/30/2023 | Year Ended October 31, | |||||
2022 | 2021 | 2020 | 2019 | 2018 | ||
Net Asset Value, Beginning of Period | $8.06 | $11.10 | $9.64 | $10.31 | $13.09 | $15.42 |
Income From Investment Operations: | ||||||
Net investment income1 | 0.06 | 0.10 | 0.11 | 0.14 | 0.16 | 0.21 |
Net realized and unrealized gain (loss) | 0.53 | (1.51) | 3.45 | 0.70 | 1.08 | 0.75 |
TOTAL FROM INVESTMENT OPERATIONS | 0.59 | (1.41) | 3.56 | 0.84 | 1.24 | 0.96 |
Less Distributions: | ||||||
Distributions from net investment income | (0.06) | (0.10) | (0.11) | (0.14) | (0.16) | (0.20) |
Distributions from net realized gain | (1.06) | (1.53) | (1.99) | (1.37) | (3.86) | (3.09) |
TOTAL DISTRIBUTIONS | (1.12) | (1.63) | (2.10) | (1.51) | (4.02) | (3.29) |
Net Asset Value, End of Period | $7.53 | $8.06 | $11.10 | $9.64 | $10.31 | $13.09 |
Total Return2 | 8.20% | (14.78)% | 42.34% | 9.16% | 13.76% | 7.16% |
Ratios to Average Net Assets: | ||||||
Net expenses3 | 0.36%4 | 0.36% | 0.36% | 0.36%5 | 0.36% | 0.36% |
Net investment income | 1.57%4 | 1.15% | 1.07% | 1.50% | 1.66% | 1.56% |
Expense waiver/reimbursement6 | 0.22%4 | 0.15% | 0.14% | 0.16% | 0.13% | 0.11% |
Supplemental Data: | ||||||
Net assets, end of period (000 omitted) | $68,966 | $115,854 | $159,314 | $119,545 | $133,835 | $137,792 |
Portfolio turnover7 | 15% | 33% | 33% | 29% | 32% | 30% |
Six Months Ended (unaudited) 4/30/2023 | Year Ended October 31, | |||||
2022 | 2021 | 2020 | 2019 | 2018 | ||
Net Asset Value, Beginning of Period | $7.84 | $10.85 | $9.46 | $10.14 | $12.94 | $15.28 |
Income From Investment Operations: | ||||||
Net investment income1 | 0.04 | 0.07 | 0.08 | 0.11 | 0.13 | 0.16 |
Net realized and unrealized gain (loss) | 0.52 | (1.48) | 3.38 | 0.70 | 1.06 | 0.75 |
TOTAL FROM INVESTMENT OPERATIONS | 0.56 | (1.41) | 3.46 | 0.81 | 1.19 | 0.91 |
Less Distributions: | ||||||
Distributions from net investment income | (0.05) | (0.07) | (0.08) | (0.12) | (0.13) | (0.16) |
Distributions from net realized gain | (1.06) | (1.53) | (1.99) | (1.37) | (3.86) | (3.09) |
TOTAL DISTRIBUTIONS | (1.11) | (1.60) | (2.07) | (1.49) | (3.99) | (3.25) |
Net Asset Value, End of Period | $7.29 | $7.84 | $10.85 | $9.46 | $10.14 | $12.94 |
Total Return2 | 8.00% | (15.12)% | 42.02% | 8.87% | 13.41% | 6.85% |
Ratios to Average Net Assets: | ||||||
Net expenses3 | 0.66%4 | 0.66% | 0.66% | 0.66%5 | 0.66% | 0.66% |
Net investment income | 1.20%4 | 0.85% | 0.77% | 1.23% | 1.36% | 1.24% |
Expense waiver/reimbursement6 | 0.47%4 | 0.40% | 0.39% | 0.41% | 0.39% | 0.35% |
Supplemental Data: | ||||||
Net assets, end of period (000 omitted) | $61,584 | $60,644 | $90,795 | $72,477 | $107,852 | $110,443 |
Portfolio turnover7 | 15% | 33% | 33% | 29% | 32% | 30% |
April 30, 2023 (unaudited)
Assets: | ||
Investment in securities, at value including, $5,525,429 of investment in affiliated holdings* (identified cost $51,836,290, including $5,525,050 of identified cost in affiliated holdings) | $189,325,938 | |
Due from broker | 313,600 | |
Income receivable | 146,905 | |
Receivable for shares sold | 70,747 | |
Income receivable from affiliated holding | 26,268 | |
Receivable for variation margin on futures contracts | 48,650 | |
Prepaid expenses | 17,917 | |
TOTAL ASSETS | 189,950,025 | |
Liabilities: | ||
Payable for shares redeemed | $37,786 | |
Payable for portfolio accounting fees | 83,068 | |
Payable for transfer agent fee (Note 2) | 54,494 | |
Payable for distribution services fee (Note 5) | 32,659 | |
Payable for other service fees (Notes 2 and 5) | 26,657 | |
Payable for custodian fees | 23,862 | |
Payable for share registration costs | 15,162 | |
Payable for management fee (Note 5) | 1,608 | |
TOTAL LIABILITIES | 275,296 | |
Net assets for 25,916,194 shares outstanding | $189,674,729 | |
Net Assets Consists of: | ||
Paid-in capital | $15,188,724 | |
Total distributable earnings (loss) | 174,486,005 | |
TOTAL NET ASSETS | $189,674,729 |
Net Asset Value, Offering Price and Redemption Proceeds Per Share: | ||
Class C Shares: | ||
Net asset value per share ($27,279,030 ÷ 3,918,223 shares outstanding) no par value, unlimited shares authorized | $6.96 | |
Offering price per share | $6.96 | |
Redemption proceeds per share (99.00/100 of $6.96) | $6.89 | |
Class R Shares: | ||
Net asset value per share ($31,845,711 ÷ 4,386,498 shares outstanding) no par value, unlimited shares authorized | $7.26 | |
Offering price per share | $7.26 | |
Redemption proceeds per share | $7.26 | |
Institutional Shares: | ||
Net asset value per share ($68,966,350 ÷ 9,163,691 shares outstanding) no par value, unlimited shares authorized | $7.53 | |
Offering price per share | $7.53 | |
Redemption proceeds per share | $7.53 | |
Service Shares: | ||
Net asset value per share ($61,583,638 ÷ 8,447,782 shares outstanding) no par value, unlimited shares authorized | $7.29 | |
Offering price per share | $7.29 | |
Redemption proceeds per share | $7.29 |
Six Months Ended April 30, 2023 (unaudited)
Investment Income: | |||
Dividends (including $186,362 received from affiliated holdings* and net of foreign taxes withheld of $538) | $1,894,187 | ||
Net income on securities loaned (includes $95 earned from affiliated holdings* related to cash collateral balances) (Note 2) | 4 | ||
TOTAL INCOME | 1,894,191 | ||
Expenses: | |||
Management fee (Note 5) | $300,071 | ||
Custodian fees | 18,921 | ||
Transfer agent fees (Note 2) | 130,225 | ||
Directors’/Trustees’ fees (Note 5) | 2,282 | ||
Auditing fees | 14,365 | ||
Legal fees | 6,170 | ||
Distribution services fee (Note 5) | 268,782 | ||
Other service fees (Notes 2 and 5) | 106,483 | ||
Portfolio accounting fees | 72,019 | ||
Share registration costs | 32,089 | ||
Printing and postage | 10,486 | ||
Miscellaneous (Note 5) | 40,679 | ||
TOTAL EXPENSES | 1,002,572 | ||
Waivers and Reimbursements: | |||
Waiver/reimbursement of management fee (Note 5) | $(182,385) | ||
Waiver/reimbursement of other operating expenses (Notes 2 and 5) | (107,484) | ||
TOTAL WAIVERS AND REIMBURSEMENTS | (289,869) | ||
Net expenses | 712,703 | ||
Net investment income | 1,181,488 |
Realized and Unrealized Gain (Loss) on Investments, Foreign Currency Transactions and Futures Contracts: | |||
Net realized gain on investments and foreign currency transactions (including realized gain of $2,540 on sales of investments in affiliated holdings*) | 38,540,044 | ||
Net realized loss on futures contracts | (278,830) | ||
Net change in unrealized appreciation of investments (including net change in unrealized depreciation of $689 of investments in affiliated holdings*) | (25,706,608) | ||
Net change in unrealized depreciation of futures contracts | 452,408 | ||
Net realized and unrealized gain (loss) on investments, foreign currency transactions and futures contracts | 13,007,014 | ||
Change in net assets resulting from operations | $14,188,502 |
Six Months Ended (unaudited) 4/30/2023 | Year Ended 10/31/2022 | |
Increase (Decrease) in Net Assets | ||
Operations: | ||
Net investment income | $1,181,488 | $2,388,202 |
Net realized gain | 38,261,214 | 31,472,069 |
Net change in unrealized appreciation/depreciation | (25,254,200) | (79,421,725) |
CHANGE IN NET ASSETS RESULTING FROM OPERATIONS | 14,188,502 | (45,561,454) |
Distributions to Shareholders: | ||
Class C Shares | (3,716,883) | (5,276,654) |
Class R Shares | (4,536,761) | (6,227,826) |
Institutional Shares | (15,466,200) | (23,521,844) |
Service Shares | (8,588,283) | (13,162,043) |
CHANGE IN NET ASSETS RESULTING FROM DISTRIBUTIONS TO SHAREHOLDERS | (32,308,127) | (48,188,367) |
Share Transactions: | ||
Proceeds from sale of shares | 8,436,605 | 27,883,744 |
Net asset value of shares issued to shareholders in payment of distributions declared | 31,465,185 | 46,905,452 |
Cost of shares redeemed | (67,531,096) | (74,538,410) |
CHANGE IN NET ASSETS RESULTING FROM SHARE TRANSACTIONS | (27,629,306) | 250,786 |
Change in net assets | (45,748,931) | (93,499,035) |
Net Assets: | ||
Beginning of period | 235,423,660 | 328,922,695 |
End of period | $189,674,729 | $235,423,660 |
Transfer Agent Fees Incurred | Transfer Agent Fees Reimbursed | |
Class C Shares | $12,846 | $— |
Class R Shares | 51,411 | (3,433) |
Institutional Shares | 37,462 | (17,196) |
Service Shares | 28,506 | (13,305) |
TOTAL | $130,225 | $(33,934) |
Other Service Fees Incurred | |
Class C Shares | $32,933 |
Service Shares | 73,550 |
TOTAL | $106,483 |
Fair Value of Derivative Instruments | ||
Asset | ||
Statement of Assets and Liabilities Location | Fair Value | |
Derivatives not accounted for as hedging instruments under ASC Topic 815 | ||
Equity contracts | Receivable for variation margin on futures contracts | $388,025* |
Amount of Realized Gain or (Loss) on Derivatives Recognized in Income | |
Futures Contracts | |
Equity Contracts | $(278,830) |
Change in Unrealized Appreciation or (Depreciation) on Derivatives Recognized in Income | |
Futures Contracts | |
Equity Contracts | $452,408 |
Six Months Ended 4/30/2023 | Year Ended 10/31/2022 | |||
Class C Shares: | Shares | Amount | Shares | Amount |
Shares sold | 155,361 | $1,052,400 | 245,937 | $2,089,360 |
Shares issued to shareholders in payment of distributions declared | 532,646 | 3,504,441 | 555,042 | 4,948,419 |
Shares redeemed | (278,026) | (1,904,487) | (721,177) | (6,054,782) |
NET CHANGE RESULTING FROM CLASS C SHARE TRANSACTIONS | 409,981 | $2,652,354 | 79,802 | $982,997 |
Six Months Ended 4/30/2023 | Year Ended 10/31/2022 | |||
Class R Shares: | Shares | Amount | Shares | Amount |
Shares sold | 301,104 | $2,150,066 | 820,066 | $7,150,394 |
Shares issued to shareholders in payment of distributions declared | 659,529 | 4,533,778 | 673,510 | 6,224,177 |
Shares redeemed | (741,303) | (5,227,901) | (1,294,592) | (11,158,000) |
NET CHANGE RESULTING FROM CLASS R SHARE TRANSACTIONS | 219,330 | $1,455,943 | 198,984 | $2,216,571 |
Six Months Ended 4/30/2023 | Year Ended 10/31/2022 | |||
Institutional Shares: | Shares | Amount | Shares | Amount |
Shares sold | 470,599 | $3,482,888 | 1,231,030 | $11,225,888 |
Shares issued to shareholders in payment of distributions declared | 2,102,638 | 14,971,598 | 2,398,022 | 22,778,386 |
Shares redeemed | (7,786,956) | (55,064,117) | (3,598,518) | (32,335,788) |
NET CHANGE RESULTING FROM INSTITUTIONAL SHARE TRANSACTIONS | (5,213,719) | $(36,609,631) | 30,534 | $1,668,486 |
Six Months Ended 4/30/2023 | Year Ended 10/31/2022 | |||
Service Shares: | Shares | Amount | Shares | Amount |
Shares sold | 244,618 | $1,751,251 | 836,140 | $7,418,102 |
Shares issued to shareholders in payment of distributions declared | 1,225,181 | 8,455,368 | 1,399,377 | 12,954,470 |
Shares redeemed | (757,769) | (5,334,591) | (2,870,965) | (24,989,840) |
NET CHANGE RESULTING FROM SERVICE SHARE TRANSACTIONS | 712,030 | $4,872,028 | (635,448) | $(4,617,268) |
NET CHANGE RESULTING FROM TOTAL FUND SHARE TRANSACTIONS | (3,872,378) | $(27,629,306) | (326,128) | $250,786 |
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 | $99,127 | $— |
Class R Shares | 79,777 | — |
Service Shares | 89,878 | (73,550) |
TOTAL | $268,782 | $(73,550) |
Purchases | $28,938,173 |
Sales | $87,812,081 |
Beginning Account Value 11/1/2022 | Ending Account Value 4/30/2023 | Expenses Paid During Period1 | |
Actual: | |||
Class C Shares | $1,000 | $1,075.40 | $7.26 |
Class R Shares | $1,000 | $1,077.80 | $5.72 |
Institutional Shares | $1,000 | $1,082.00 | $1.86 |
Service Shares | $1,000 | $1,080.00 | $3.40 |
Hypothetical (assuming a 5% return before expenses): | |||
Class C Shares | $1,000 | $1,017.80 | $7.05 |
Class R Shares | $1,000 | $1,019.29 | $5.56 |
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 | 1.11% |
Institutional Shares | 0.36% |
Service Shares | 0.66% |
Annual Evaluation of Adequacy and Effectiveness
IMPORTANT NOTICE ABOUT FUND DOCUMENT DELIVERY
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 period covered by this 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, 2023
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, 2023
By /S/ Lori A. Hensler
Lori A. Hensler
Principal Financial Officer
Date June 22, 2023