Clover All Cap Value SMA

An active equity portfolio that seeks long-term capital appreciation by investing primarily in a broad range of large-, mid- and small-cap U.S. companies whose stocks are believed to be trading below their intrinsic values. The Federated Hermes Clover team combines disciplined bottom-up, fundamental analysis with rigorous quantitative analysis to seek to exploit inefficiencies in the market. The strategy targets alpha through security selection which centers upon free cash flow analysis, delivering a comprehensive value solution to a wide variety of investors.