Patrick Davitt

Kenneth Worthington

William Katz

Brian Bedell

John Dunn

Daniel Fannon

Brennan Hawken

Kenneth Lee

Michael Chell

Robin Holby

Trevor

- Federated Hermes, Inc. (NYSE: FHI) introduced the **Federated Hermes MDT Market Neutral ETF (NYSE: MKTN)** on **September 25, 2025**, designed to pursue long-term capital appreciation while limiting general stock market risk.  **[1056288_20250925NE82617:0]** 
- The ETF utilizes a **quantitative model** to invest in long and short positions primarily within the Russell 3000® Index universe, aiming for returns uncorrelated to market direction.  **[1056288_20250925NE82617:0]** 
- The fund is managed by the MDT group, which has managed market neutral strategies since **1997**, including the **$1.7 billion** Federated Hermes MDT Market Neutral Fund.  **[1056288_20250925NE82617:0]** 
- As of **June 30, 2025**, Federated Hermes MDT Advisers manages **$21.4 billion** in assets, and Federated Hermes' total ETF assets reached **$1.2 billion** as of **August 31, 2025**.  **[1056288_20250925NE82617:0]**

Federated Hermes Launches MDT Market Neutral ETF

FEDERATED HERMES (FHI)