The Fund Grade · free · no account needed
What grade does FSTKX get?
Morningstar rates funds on what they returned. We grade them on where their money sits today: how much of the book overlaps with the converged buys of the top specialist stock pickers.
Fundprints Fund Grade · as of 2026-10-01
Federated Hermes MDT Large Cap Value Fund Class SS
#359 of 500 graded active funds · value · large segment peer group
The point · specialist footprint
FSTKX sits mid pack for specialist backing among graded funds.
Bottom 20%
Bottom 40%
● Middle
Top 40%
Top 20%
The middle rungs sat between the extremes, and the pattern was monotonic: every step up in specialist backing came with better subsequent results. Not damning, not compelling. The fee decides whether it is worth it.
10,000+ funds tracked · the graded specialists among them drive every read
3 funds in the same segment carry an A. Members see the names and what they charge. See the alternatives →
The grade scores this fund's specialist share, the slice that overlaps what the top 1% of proven funds are building. We ignore index ballast and names outside our edge on purpose: that slice is small, and it's what decides the outcome.
FSTKX vs the Honor Roll · share card ↗Conviction exposure
26.4%
of the book in specialist-converged names
Late-stage weight
24.2%
of the book in Crowded or Fading names
Active share
88.5%
how far it strays from the index
The best grades have beaten the worst by about +5% a year since we began grading. The gap held in 9 out of 10 months. Measured on filings as they were published, no hindsight.
Inside the book: top names by stage · as of 2026-10-20
We email you the day it crosses 50% crowded, and where you stand every month.
Graded monthly from point-in-time filings. A description of where the money sits, not a recommendation. Evidence, not advice.
The read · what to do with it
FSTKX earns a D grade, ranking 359 out of 500 graded funds, with specialists backing only 26.4% of the portfolio. Five positions including Fiserv, BNY, and Walmart show specialists actively leaving, which is a concerning pattern for a value fund. CE shows some early-stage specialist interest, but that lone bright spot does not offset the broader weakness.
→ Watch the Fiserv, BNY, and Walmart positions closely given specialists are fading from all three simultaneously.
→ Compare this fund against the three higher graded large cap value peers available before your next review period.
Support leaving these positions
Same family, higher grade
Read from today's disclosed book. Evidence, not advice.