After a disruptive merger in 2019, the team running Federated Hermes Clover Small Cap Value is now finding its footing, warranting an upgrade of its Morningstar Analyst Rating to Neutral from Negative for its priciest shares, while other shares remain Neutral.
Morningstar’s Fund Analysis VSFAX
Will VSFAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable VSFAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the VSFAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of VSFAX’s parent organization’s priorities and whether they’re in line with investors’ interests.