Federated Hermes MDT Market Neutral ETF (MKTN) is an exchange-traded fund in the Equity Market Neutral category. It has $144.42M in assets, an expense ratio of 1.94% and a 0.23% dividend yield. The fund manager seeks to achieve its objective by selecting long positions in publicly traded common stocks which the fund’s quantitative model predicts will achieve above-market returns, and short positions in publicly traded common stocks which the fund’s quantitative model predicts will achieve below-market returns.
Assets under management
$144.42M
Expense ratio
1.94%
Category
Equity Market Neutral
Dividend yield
0.23%
NAV
$28.28
Fund family
Federated
Exchange
NYSE
Top holdings
The largest positions Federated Hermes MDT Market Neutral ETF reports, by weight.