Federated Hermes MDT Balanced Fund

Federated Hermes MDT Balanced Fund - Portfolio Holdings - June 30, 2020

CUSIP SECURITY DESCRIPTION CURRENT SHARES MARKET VALUE 002824100 ABBOTT LABORATORIES 803.00 73,418.00 00287Y109 ABBVIE, INC. 575.00 56,454.00 00287YBS7 ABBVIE, INC., SR. UNSECD. NOTE, 144A, 4.250%, 11/21/2049 500,000.00 602,017.00 00507V109 ACTIVISION BLIZZARD, INC. 4,243.00 322,044.00 00724F101 1 ADOBE, INC. 3,835.00 1,669,414.00 00751YAC0 ADVANCE AUTO PARTS, INC., 4.500%, 12/1/2023 50,000.00 54,277.00 00772BAR2 AERCAP IRELAND CAPITAL LTD. / AERCAP GLOBAL AVIATION TRUST, SR. UNSECD. NOTE, 3.950%, 2/1/2022 170,000.00 170,134.00 00774MAK1 AERCAP IRELAND CAPITAL LTD. / AERCAP GLOBAL AVIATION TRUST, SR. UNSECD. NOTE, 4.875%, 1/16/2024 150,000.00 149,105.00 31409N804 Affiliated Federated Fund (Bank Loan) 260,906.00 2,382,069.00 31409N887 Affiliated Federated Fund (Emerging Markets) 303,296.00 2,957,139.00 31409N101 Affiliated Federated Fund (High Yield) 597,834.00 3,533,198.00 31409N200 Affiliated Federated Fund (Mortgage) 1,037,138.00 10,495,835.00 31415N103 Affiliated Federated Fund (Project and Trade Finance) 274,367.00 2,403,451.00 001055AL6 AFLAC, INC., SR. UNSECD. NOTE, 3.625%, 6/15/2023 200,000.00 218,899.00 001084102 AGCO CORP. 2,875.00 159,447.00 00846UAL5 AGILENT TECHNOLOGIES, INC., SR. UNSECD. NOTE, 2.750%, 9/15/2029 135,000.00 146,991.00 00846UAH4 AGILENT TECHNOLOGIES, INC., SR. UNSECD. NOTE, 3.200%, 10/1/2022 15,000.00 15,689.00 009158106 AIR PRODUCTS & CHEMICALS, INC. 176.00 42,497.00 013872106 1 ALCOA CORP. 20,604.00 231,589.00 015271109 ALEXANDRIA REAL ESTATE EQUITIES, INC. 1,500.00 243,375.00 015271AD1 ALEXANDRIA REAL ESTATE EQUITIES, INC., SR. UNSECD. NOTE, 3.900%, 6/15/2023 50,000.00 54,130.00 015271AK5 ALEXANDRIA REAL ESTATE EQUITIES, INC., SR. UNSECD. NOTE, 3.950%, 1/15/2028 70,000.00 79,943.00 015351109 1 ALEXION PHARMACEUTICALS, INC. 1,997.00 224,143.00 01609WAS1 ALIBABA GROUP HOLDING LTD., SR. UNSECD. NOTE, 2.800%, 6/6/2023 200,000.00 210,306.00 017175100 ALLEGHANY CORP. 698.00 341,420.00 01741R102 1 ALLEGHENY TECHNOLOGIES, INC. 20,255.00 206,398.00 01748NAD6 ALLEGION US HOLDINGS CO., INC., SR. UNSECD. NOTE, 3.200%, 10/1/2024 200,000.00 208,884.00 019770106 1 ALLOGENE THERAPEUTICS, INC. 2,138.00 91,549.00 020002101 ALLSTATE CORP. 9,765.00 947,107.00 02079K305 1 ALPHABET, INC., CLASS A 2,376.00 3,369,287.00 023135106 1 AMAZON.COM, INC. 1,029.00 2,838,826.00 023135AN6 AMAZON.COM, INC., SR. UNSECD. NOTE, 3.800%, 12/5/2024 125,000.00 141,925.00 024061103 1 AMERICAN AXLE & MANUFACTURING HOLDINGS, INC. 3,994.00 30,354.00 024836AB4 AMERICAN CAMPUS COMMUNITIES OPERATING PARTNERSHIP LP, SR. UNSECD. NOTE, 4.125%, 7/1/2024 20,000.00 21,039.00 025816BD0 AMERICAN EXPRESS CO., 2.650%, 12/2/2022 74,000.00 77,538.00 0258M0EB1 AMERICAN EXPRESS CREDIT CORP., SR. UNSECD. NOTE, SERIES MTN, 2.250%, 5/5/2021 250,000.00 253,454.00

FederatedInvestors.com Federated Securities Corp., Distributor ©2020 Federated Hermes, Inc.

Federated Hermes MDT Balanced Fund - Portfolio Holdings - June 30, 2020

CUSIP SECURITY DESCRIPTION CURRENT SHARES MARKET VALUE 02665T306 AMERICAN HOMES 4 RENT 10,200.00 274,380.00 026874DA2 AMERICAN INTERNATIONAL GROUP, INC., 4.500%, 7/16/2044 25,000.00 29,202.00 026874CY1 AMERICAN INTERNATIONAL GROUP, INC., SR. UNSECD. NOTE, 4.125%, 2/15/2024 35,000.00 39,069.00 026874DK0 AMERICAN INTERNATIONAL GROUP, INC., SR. UNSECD. NOTE, 4.200%, 4/1/2028 125,000.00 142,404.00 03027X100 AMERICAN TOWER CORP. 1,550.00 400,737.00 03064D108 AMERICOLD REALTY TRUST 9,200.00 333,960.00 03076C106 AMERIPRISE FINANCIAL, INC. 339.00 50,864.00 031162100 AMGEN, INC. 5,328.00 1,256,662.00 031162BZ2 AMGEN, INC., SR. UNSECD. NOTE, 4.400%, 5/1/2045 15,000.00 18,640.00 032654105 ANALOG DEVICES, INC. 1,197.00 146,800.00 032724106 1 ANAPTYSBIO, INC. 11,533.00 257,647.00 03512TAB7 ANGLOGOLD ASHANTI HOLDINGS PLC, SR. NOTE, 6.500%, 4/15/2040 15,000.00 17,259.00 03522AAH3 ANHEUSER-BUSCH COS LLC / ANHEUSER- BUSCH INBEV WORLDWIDE, INC., SR. UNSECD. NOTE, 4.700%, 2/1/2036 30,000.00 35,407.00 036752103 ANTHEM, INC. 667.00 175,408.00 037833100 APPLE, INC. 6,124.00 2,234,035.00 037833AL4 APPLE, INC., 3.850%, 5/4/2043 10,000.00 12,423.00 037833AK6 APPLE, INC., SR. UNSECD. NOTE, 2.400%, 5/3/2023 30,000.00 31,721.00 037833DQ0 APPLE, INC., SR. UNSECD. NOTE, 2.950%, 9/11/2049 200,000.00 219,799.00 038222105 APPLIED MATERIALS, INC. 6,309.00 381,379.00 G0450A105 1 ARCH CAPITAL GROUP LTD. 992.00 28,421.00 03940R107 ARCH RESOURCES, INC. 3,965.00 112,646.00 03969F109 1 ARCUS BIOSCIENCES, INC. 1,623.00 40,153.00 04335A105 1 ARVINAS, INC. 3,265.00 109,508.00 00206RKA9 AT&T, INC., SR. UNSECD. NOTE, 3.650%, 6/1/2051 300,000.00 314,414.00 00206RCP5 AT&T, INC., SR. UNSECD. NOTE, 4.500%, 5/15/2035 5,000.00 5,938.00 00206RDR0 AT&T, INC., SR. UNSECD. NOTE, 5.250%, 3/1/2037 10,000.00 12,375.00 00206RDT6 AT&T, INC., SR. UNSECD. NOTE, 5.700%, 3/1/2057 10,000.00 13,722.00 049164205 1 ATLAS AIR WORLDWIDE HOLDINGS, INC. 1,328.00 57,144.00 052769106 1 AUTODESK, INC. 1,036.00 247,801.00 053015103 AUTOMATIC DATA PROCESSING, INC. 309.00 46,007.00 05329WAQ5 AUTONATION, INC., SR. UNSECD. NOTE, 4.750%, 6/1/2030 170,000.00 184,536.00 053332102 1 AUTOZONE, INC. 192.00 216,599.00 053332AR3 AUTOZONE, INC., SR. UNSECD. NOTE, 3.250%, 4/15/2025 250,000.00 272,836.00 06051GFX2 BANK OF AMERICA CORP., SR. UNSECD. NOTE, SERIES GMTN, 3.500%, 4/19/2026 300,000.00 337,962.00 06051GGU7 2 BANK OF AMERICA CORP., SR. UNSECD. NOTE, SERIES MTN, 0.946% (3-MONTH USLIBOR +0.650%), 10/1/2021 250,000.00 250,206.00 06051GHH5 BANK OF AMERICA CORP., SR. UNSECD. NOTE, SERIES MTN, 3.499%, 5/17/2022 10,000.00 10,239.00 06051GEH8 BANK OF AMERICA CORP., SR. UNSECD. NOTE, SERIES MTN, 5.000%, 5/13/2021 100,000.00 103,965.00

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Federated Hermes MDT Balanced Fund - Portfolio Holdings - June 30, 2020

CUSIP SECURITY DESCRIPTION CURRENT SHARES MARKET VALUE 06051GFP9 BANK OF AMERICA CORP., SUB. NOTE, SERIES L, 3.950%, 4/21/2025 200,000.00 221,448.00 06051GFH7 BANK OF AMERICA CORP., SUB. NOTE, SERIES MTN, 4.200%, 8/26/2024 15,000.00 16,654.00 06051GFU8 BANK OF AMERICA CORP., SUB., SERIES MTN, 4.450%, 3/3/2026 15,000.00 17,236.00 06406HCV9 BANK OF NEW YORK MELLON, N.A., 3.400%, 5/15/2024 20,000.00 22,019.00 06650AAE7 BANK, CLASS A4, 3.488%, 11/15/2050 190,000.00 213,607.00 073914VW0 3 BEAR STEARNS MORTGAGE SECURITIES, INC. 1997-6, CLASS 1A, 6.294%, 3/25/2031 249.00 239.00 084664CQ2 BERKSHIRE HATHAWAY FINANCE CORP., SR. UNSECD. NOTE, 4.200%, 8/15/2048 10,000.00 12,709.00 08579W103 1 BERRY GLOBAL GROUP, INC. 1,582.00 70,114.00 09062X103 1 BIOGEN, INC. 3,231.00 864,454.00 G11196105 1 BIOHAVEN PHARMACEUTICAL HOLDING CO. LTD. 1,469.00 107,399.00 05550J101 1 BJ'S WHOLESALE CLUB HOLDINGS, INC. 6,096.00 227,198.00 09257W100 BLACKSTONE MORTGAGE TRUST, INC. 10,600.00 255,354.00 097023CT0 BOEING CO., SR. UNSECD. NOTE, 4.875%, 5/1/2025 275,000.00 299,753.00 099502106 BOOZ ALLEN HAMILTON HOLDING CORP. 6,104.00 474,830.00 10373QAT7 BP CAPITAL MARKETS AMERICA, INC., SR. UNSECD. NOTE, 3.119%, 5/4/2026 135,000.00 147,323.00 10373QAY6 BP CAPITAL MARKETS AMERICA, INC., SR. UNSECD. NOTE, 3.224%, 4/14/2024 20,000.00 21,564.00 10373QAC4 BP CAPITAL MARKETS AMERICA, INC., SR. UNSECD. NOTE, 3.937%, 9/21/2028 300,000.00 343,385.00 109696104 BRINKS CO. (THE) 2,671.00 121,557.00 110122CC0 BRISTOL-MYERS SQUIBB CO., SR. UNSECD. NOTE, 144A, 4.125%, 6/15/2039 10,000.00 12,806.00 11135F101 BROADCOM, INC. 1,401.00 442,170.00 12189LAA9 BURLINGTON NORTHERN SANTA FE CORP., DEB., 5.750%, 5/1/2040 50,000.00 70,700.00 12685J105 CABLE ONE, INC. 486.00 862,577.00 127387108 1 CADENCE DESIGN SYSTEMS, INC. 18,537.00 1,778,810.00 133131AZ5 CAMDEN PROPERTY TRUST, SR. UNSECD. NOTE, 2.800%, 5/15/2030 60,000.00 64,955.00 134429BJ7 CAMPBELL SOUP CO., SR. UNSECD. NOTE, 2.375%, 4/24/2030 85,000.00 88,206.00 136385AV3 CANADIAN NATURAL RESOURCES LTD., 3.900%, 2/1/2025 250,000.00 268,038.00 143658300 CARNIVAL CORP. 5,722.00 93,955.00 144285AK9 CARPENTER TECHNOLOGY CORP., SR. UNSECD. NOTE, 4.450%, 3/1/2023 62,000.00 61,416.00 144285AJ2 CARPENTER TECHNOLOGY CORP., SR. UNSECD. NOTE, 5.200%, 7/15/2021 40,000.00 40,390.00 14575E105 1 CARS.COM, INC. 21,112.00 121,605.00 156700106 CENTURYLINK, INC. 6,754.00 67,743.00 16119P108 1 CHARTER COMMUNICATIONS, INC. 186.00 94,867.00 163851108 CHEMOURS CO./THE 47,282.00 725,779.00 165167743 1 CHESAPEAKE ENERGY CORP. 3,162.00 15,494.00 171340102 CHURCH AND DWIGHT, INC. 6,046.00 467,356.00 125523100 CIGNA CORP. 1,247.00 233,999.00 171798101 CIMAREX ENERGY CO. 3,619.00 99,486.00

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Federated Hermes MDT Balanced Fund - Portfolio Holdings - June 30, 2020

CUSIP SECURITY DESCRIPTION CURRENT SHARES MARKET VALUE 171798AD3 CIMAREX ENERGY CO., SR. UNSECD. NOTE, 3.900%, 5/15/2027 125,000.00 125,972.00 172062101 CINCINNATI FINANCIAL CORP. 24,907.00 1,594,795.00 17252MAK6 CINTAS CORP. NO. 2, SR. UNSECD. NOTE, 4.300%, 6/1/2021 25,000.00 25,785.00 17273K109 1 CIRCOR INTERNATIONAL, INC. 7,776.00 198,132.00 172755100 1 CIRRUS LOGIC, INC. 4,701.00 290,428.00 17320DAQ1 CITIGROUP COMMERCIAL MORTGAGE TRUST 2013-GC11, CLASS B, 3.732%, 4/10/2046 200,000.00 205,716.00 172967KK6 CITIGROUP, INC., SR. UNSECD. NOTE, 2.700%, 3/30/2021 200,000.00 203,271.00 172967LM1 CITIGROUP, INC., SR. UNSECD. NOTE, 2.876%, 7/24/2023 40,000.00 41,646.00 172967LV1 CITIGROUP, INC., SR. UNSECD. NOTE, 3.142%, 1/24/2023 15,000.00 15,517.00 172967JP7 CITIGROUP, INC., SR. UNSECD. NOTE, 3.300%, 4/27/2025 250,000.00 274,730.00 172967KN0 CITIGROUP, INC., SR. UNSECD. NOTE, 3.400%, 5/1/2026 170,000.00 188,648.00 172967KA8 CITIGROUP, INC., SUB. NOTE, 4.450%, 9/29/2027 15,000.00 17,105.00 177376100 CITRIX SYSTEMS, INC. 570.00 84,309.00 178566AC9 CITY NATIONAL CORP., SR. UNSECD. NOTE, 5.250%, 9/15/2020 25,000.00 25,252.00 189054109 CLOROX CO. 3,924.00 860,808.00 12592BAH7 CNH INDUSTRIAL CAPITAL AMERICA LLC, SR. UNSECD. NOTE, 4.375%, 4/5/2022 10,000.00 10,461.00 19239V302 COGENT COMMUNICATIONS HOLDINGS, INC. 14,105.00 1,091,163.00 192446102 COGNIZANT TECHNOLOGY SOLUTIONS CORP. 2,144.00 121,822.00 194162103 COLGATE-PALMOLIVE CO. 26,545.00 1,944,687.00 20030NDL2 COMCAST CORP., SR. UNSECD. NOTE, 2.800%, 1/15/2051 145,000.00 148,949.00 20030NCJ8 COMCAST CORP., SR. UNSECD. NOTE, 3.900%, 3/1/2038 15,000.00 17,829.00 20030NBP5 COMCAST CORP., SR. UNSECD. NOTE, 4.400%, 8/15/2035 10,000.00 12,412.00 200340AQ0 COMERICA, INC., 3.800%, 7/22/2026 30,000.00 32,434.00 12624BAF3 COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES 2012-CR1, CLASS AM, 3.912%, 5/15/2045 70,000.00 72,331.00 12624BAG1 COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES 2012-CR1, CLASS B, 4.612%, 5/15/2045 125,000.00 111,683.00 12625KAM7 COMMERCIAL MORTGAGE TRUST 2013-CR8, CLASS B, 4.083%, 6/10/2046 200,000.00 205,715.00 12592MBN9 COMMERCIAL MORTGAGE TRUST 2014-LC17, CLASS B, 4.490%, 10/10/2047 200,000.00 214,189.00 12629NAH8 COMMERCIAL MORTGAGE TRUST 2015-DC1, CLASS AM, 3.724%, 2/10/2048 300,000.00 317,935.00 203668108 1 COMMUNITY HEALTH SYSTEMS, INC. 15,524.00 46,727.00 20369C106 COMMUNITY HEALTHCARE TRUST, INC. 4,000.00 163,600.00 20605P101 CONCHO RESOURCES, INC. 2,630.00 135,445.00 20825CAQ7 CONOCOPHILLIPS, COMPANY GUARANTEE, 6.500%, 2/1/2039 5,000.00 7,289.00 209115104 CONSOLIDATED EDISON CO. 3,529.00 253,841.00

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Federated Hermes MDT Balanced Fund - Portfolio Holdings - June 30, 2020

CUSIP SECURITY DESCRIPTION CURRENT SHARES MARKET VALUE 209111FY4 CONSOLIDATED EDISON CO., SR. UNSECD. NOTE, SERIES 20B, 3.950%, 4/1/2050 70,000.00 83,683.00 210373106 1 CONSTELLATION PHARMACEUTICALS, INC. 3,615.00 108,631.00 212015101 CONTINENTAL RESOURCES, INC. 23,594.00 413,603.00 216648402 COOPER COS., INC. 198.00 56,161.00 21676P103 1 COOPER-STANDARD HOLDING, INC. 5,653.00 74,902.00 219350AW5 CORNING, INC., UNSECD. NOTE, 4.750%, 3/15/2042 20,000.00 24,189.00 219868BS4 CORP ANDINA DE FOMENTO, SR. UNSECD. NOTE, 4.375%, 6/15/2022 30,000.00 31,845.00 22788C105 1 CROWDSTRIKE HOLDINGS, INC. 440.00 44,128.00 22822VAU5 CROWN CASTLE INTERNATIONAL CORP., SR. UNSECD. NOTE, 3.250%, 1/15/2051 400,000.00 401,116.00 22822VAC5 CROWN CASTLE INTERNATIONAL CORP., SR. UNSECD. NOTE, 3.700%, 6/15/2026 150,000.00 167,424.00 228227BE3 CROWN CASTLE INTERNATIONAL CORP., SR. UNSECD. NOTE, 4.875%, 4/15/2022 15,000.00 16,032.00 228368106 1 CROWN HOLDINGS, INC. 1,158.00 75,421.00 231561101 CURTISS WRIGHT CORP. 296.00 26,427.00 126650100 CVS HEALTH CORP. 2,857.00 185,619.00 126650CV0 CVS HEALTH CORP., SR. UNSECD. NOTE, 3.700%, 3/9/2023 15,000.00 16,123.00 126650CW8 CVS HEALTH CORP., SR. UNSECD. NOTE, 4.100%, 3/25/2025 15,000.00 16,967.00 233835AQ0 DAIMLERCHRYSLER NORTH AMERICA HOLDING CORP., COMPANY GUARANTEE, 8.500%, 1/18/2031 10,000.00 15,245.00 23636TAE0 DANONE SA, SR. UNSECD. NOTE, 144A, 2.947%, 11/2/2026 300,000.00 329,163.00 23918K108 1 DAVITA, INC. 3,187.00 252,219.00 247361ZU5 DELTA AIR LINES, INC., SR. UNSECD. NOTE, 2.900%, 10/28/2024 30,000.00 24,354.00 248019101 DELUXE CORP. 1,162.00 27,353.00 24906P109 DENTSPLY SIRONA, INC. 2,758.00 121,518.00 24906PAA7 DENTSPLY SIRONA, INC., SR. UNSECD. NOTE, 3.250%, 6/1/2030 180,000.00 188,977.00 25179M103 DEVON ENERGY CORP. 6,263.00 71,022.00 25272KAK9 DIAMOND 1 FINANCE CORP./DIAMOND 2 FINANCE CORP., SR. SECD. NOTE, 144A, 6.020%, 6/15/2026 240,000.00 275,356.00 252784301 DIAMONDROCK HOSPITALITY CO. 20,000.00 110,600.00 256163106 1 DOCUSIGN, INC. 10,943.00 1,884,494.00 256677105 DOLLAR GENERAL CORP. 860.00 163,839.00 25754A201 DOMINO'S PIZZA, INC. 4,976.00 1,838,334.00 257559203 DOMTAR, CORP. 11,320.00 238,965.00 26078JAA8 DUPONT DE NEMOURS, INC., SR. UNSECD. NOTE, 3.766%, 11/15/2020 10,000.00 10,115.00 26078JAE0 DUPONT DE NEMOURS, INC., SR. UNSECD. NOTE, 5.319%, 11/15/2038 10,000.00 12,636.00 23355L106 DXC TECHNOLOGY CO. 110,250.00 1,819,125.00 268150109 1 DYNATRACE HOLDINGS LLC 12,780.00 518,868.00 277276101 EASTGROUP PROPERTIES, INC. 1,100.00 130,471.00 277432100 EASTMAN CHEMICAL CO. 907.00 63,163.00 278642103 EBAY, INC. 11,226.00 588,804.00

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Federated Hermes MDT Balanced Fund - Portfolio Holdings - June 30, 2020

CUSIP SECURITY DESCRIPTION CURRENT SHARES MARKET VALUE 268317AE4 ELECTRICITE DE FRANCE SA, NOTE, 144A, 5.600%, 1/27/2040 70,000.00 89,814.00 268317AU8 ELECTRICITE DE FRANCE SA, SR. UNSECD. NOTE, 144A, 4.500%, 9/21/2028 300,000.00 349,737.00 532457108 ELI LILLY & CO. 5,737.00 941,901.00 29081YAD8 EMBRAER OVERSEAS LTD., SR. UNSECD. NOTE, 144A, 5.696%, 9/16/2023 11,000.00 10,518.00 29103DAM8 EMERA US FINANCE LP, SR. UNSECD. NOTE, 4.750%, 6/15/2046 140,000.00 166,455.00 29089Q105 1 EMERGENT BIOSOLUTIONS, INC. 474.00 37,484.00 29250RAU0 ENBRIDGE ENERGY PARTNERS LP, SR. UNSECD. NOTE, 4.200%, 9/15/2021 50,000.00 51,708.00 29278GAJ7 ENEL FINANCE INTERNATIONAL NV, SR. UNSECD. NOTE, 144A, 4.625%, 9/14/2025 280,000.00 319,096.00 29278NAN3 ENERGY TRANSFER OPERATING, SR. UNSECD. NOTE, 5.500%, 6/1/2027 20,000.00 22,337.00 29273RBD0 ENERGY TRANSFER PARTNERS LP, SR. UNSECD. NOTE, 4.050%, 3/15/2025 115,000.00 122,461.00 29273RAY5 ENERGY TRANSFER PARTNERS LP, SR. UNSECD. NOTE, 4.900%, 2/1/2024 75,000.00 81,138.00 29273RBJ7 ENERGY TRANSFER PARTNERS LP, SR. UNSECD. NOTE, 6.125%, 12/15/2045 10,000.00 10,425.00 29379VBL6 ENTERPRISE PRODUCTS OPERATING LLC, SR. UNSECD. NOTE, 3.950%, 2/15/2027 170,000.00 194,080.00 26884TAE2 ENTERPRISE RENT-A-CAR USA FINANCE CO., SR. UNSECD. NOTE, 144A, 5.625%, 3/15/2042 15,000.00 17,455.00 26875P101 EOG RESOURCES, INC. 2,004.00 101,522.00 26884LAF6 EQT CORP., SR. UNSECD. NOTE, 3.900%, 10/1/2027 20,000.00 16,353.00 294429AK1 EQUIFAX, INC., SR. UNSECD. NOTE, 2.300%, 6/1/2021 125,000.00 126,859.00 29444U700 EQUINIX, INC. 405.00 284,432.00 29472R108 EQUITY LIFESTYLE PROPERTIES, INC. 4,350.00 271,788.00 29786A106 1 ETSY, INC. 1,947.00 206,830.00 G3223R108 EVEREST RE GROUP LTD. 295.00 60,829.00 30034W106 EVERGY, INC. 2,108.00 124,983.00 30040WAB4 EVERSOURCE ENERGY, SR. UNSECD. NOTE, 3.350%, 3/15/2026 170,000.00 184,286.00 30161N101 EXELON CORP. 15,792.00 573,092.00 30161NAU5 EXELON CORP., SR. UNSECD. NOTE, 3.400%, 4/15/2026 200,000.00 222,892.00 30161MAL7 EXELON GENERATION CO. LLC, SR. UNSECD. NOTE, 4.250%, 6/15/2022 100,000.00 105,969.00 30212PAR6 EXPEDIA GROUP, INC., SR. UNSECD. NOTE, SERIES WI, 3.250%, 2/15/2030 15,000.00 14,008.00 30212PAH8 EXPEDIA, INC., COMPANY GUARANTEE, 5.950%, 8/15/2020 65,000.00 65,192.00 30231GBH4 EXXON MOBIL CORP., SR. UNSECD. NOTE, 2.992%, 3/19/2025 270,000.00 294,037.00 30303M102 1 FACEBOOK, INC. 1,550.00 351,958.00 3129103Q3 FEDERAL HOME LOAN MORTGAGE CORP. REMIC, SERIES 1311, CLASS K, 7.000%, 7/15/2022 582.00 613.00 312912CB2 FEDERAL HOME LOAN MORTGAGE CORP. REMIC, SERIES 1384, CLASS D, 7.000%, 9/15/2022 679.00 716.00

FMBAL-6

Federated Hermes MDT Balanced Fund - Portfolio Holdings - June 30, 2020

CUSIP SECURITY DESCRIPTION CURRENT SHARES MARKET VALUE 31392VGQ9 FEDERAL HOME LOAN MORTGAGE CORP. REMIC, SERIES 2497, CLASS JH, 6.000%, 9/15/2032 3,182.00 3,634.00 3137BPVZ9 FEDERAL HOME LOAN MORTGAGE CORP. REMIC, SERIES K055, CLASS A1, 2.263%, 4/25/2025 64,136.00 66,443.00 3137FRUS8 FEDERAL HOME LOAN MORTGAGE CORP. REMIC, SERIES K106, CLASS A1, 1.783%, 5/25/2029 399,038.00 420,047.00 3137BMLC8 FEDERAL HOME LOAN MORTGAGE CORP. REMIC, SERIES K504, CLASS A2, 2.566%, 9/25/2020 7,342.00 7,350.00 3137FQXJ7 FEDERAL HOME LOAN MORTGAGE CORP. REMIC, SERIES K737, CLASS A2, 2.530%, 10/25/2026 350,000.00 383,296.00 3128MAAA7 FEDERAL HOME LOAN MORTGAGE CORP., POOL G07801, 4.000%, 10/1/2044 52,067.00 57,047.00 3135G03U5 FEDERAL NATIONAL MORTGAGE ASSOCIATION NOTES, 0.625%, 4/22/2025 250,000.00 251,805.00 31359BRE9 2 FEDERAL NATIONAL MORTGAGE ASSOCIATION REMIC, SERIES 1993-113, CLASS SB, 9.748% (10- YEAR CONSTANT MATURITY TREASURY +48.285%), 7/25/2023 2,135.00 2,289.00 31393BL86 FEDERAL NATIONAL MORTGAGE ASSOCIATION REMIC, SERIES 2003-35, CLASS UC, 3.750%, 5/25/2033 731.00 773.00 31376KMJ2 FEDERAL NATIONAL MORTGAGE ASSOCIATION, POOL 357761, 5.500%, 5/1/2035 9,843.00 11,442.00 31402GR62 FEDERAL NATIONAL MORTGAGE ASSOCIATION, POOL 728709, 5.500%, 7/1/2033 1,437.00 1,660.00 31412RMM6 FEDERAL NATIONAL MORTGAGE ASSOCIATION, POOL 932864, 4.000%, 12/1/2040 41,834.00 45,782.00 31417EWV9 FEDERAL NATIONAL MORTGAGE ASSOCIATION, POOL AB7859, 3.500%, 2/1/2043 64,799.00 70,958.00 31418UV84 FEDERAL NATIONAL MORTGAGE ASSOCIATION, POOL AD6938, 4.500%, 6/1/2040 47,051.00 52,656.00 3138MGBP9 FEDERAL NATIONAL MORTGAGE ASSOCIATION, POOL AQ0945, 3.000%, 11/1/2042 31,905.00 34,166.00 3138WPLH5 FEDERAL NATIONAL MORTGAGE ASSOCIATION, POOL AT2127, 3.000%, 4/1/2043 37,983.00 40,676.00 3138WVWX5 FEDERAL NATIONAL MORTGAGE ASSOCIATION, POOL AT7861, 3.000%, 6/1/2028 26,539.00 28,094.00 3140J82W2 FEDERAL NATIONAL MORTGAGE ASSOCIATION, POOL BM4388, 4.000%, 8/1/2048 63,993.00 68,761.00 3140J9SN2 FEDERAL NATIONAL MORTGAGE ASSOCIATION, POOL BM5024, 3.000%, 11/1/2048 27,417.00 28,864.00 3140J9ZL8 FEDERAL NATIONAL MORTGAGE ASSOCIATION, POOL BM5246, 3.500%, 11/1/2048 47,043.00 49,515.00 3140Q74T1 FEDERAL NATIONAL MORTGAGE ASSOCIATION, POOL CA0833, 3.500%, 12/1/2047 37,288.00 39,341.00 3140QB4M7 FEDERAL NATIONAL MORTGAGE ASSOCIATION, POOL CA4427, 3.000%, 10/1/2049 36,977.00 38,987.00 3140X3AJ7 FEDERAL NATIONAL MORTGAGE ASSOCIATION, POOL FM0008, 3.500%, 8/1/2049 31,382.00 33,404.00

FMBAL-7

Federated Hermes MDT Balanced Fund - Portfolio Holdings - June 30, 2020

CUSIP SECURITY DESCRIPTION CURRENT SHARES MARKET VALUE 3140X4DE3 FEDERAL NATIONAL MORTGAGE ASSOCIATION, POOL FM1000, 3.000%, 4/1/2047 58,358.00 61,547.00 3140X4LB0 FEDERAL NATIONAL MORTGAGE ASSOCIATION, POOL FM1221, 3.500%, 7/1/2049 30,605.00 32,673.00 31417YRW9 FEDERAL NATIONAL MORTGAGE ASSOCIATION, POOL MA0500, 5.000%, 8/1/2040 36,573.00 41,763.00 31417YW45 FEDERAL NATIONAL MORTGAGE ASSOCIATION, POOL MA0666, 4.500%, 3/1/2041 41,184.00 45,744.00 31418ASU3 FEDERAL NATIONAL MORTGAGE ASSOCIATION, POOL MA1430, 3.000%, 5/1/2043 45,910.00 49,165.00 31418CDH4 FEDERAL NATIONAL MORTGAGE ASSOCIATION, POOL MA2803, 2.500%, 11/1/2031 53,084.00 55,684.00 60934N583 4 FEDERATED HERMES INSTITUTIONAL PRIME VALUE OBLIGATIONS FUND, INSTITUTIONAL SHARES, 0.31% 6,595,633.00 6,600,250.00 31428XBA3 FEDEX CORP., SR. UNSECD. NOTE, 3.900%, 2/1/2035 20,000.00 21,670.00 31620MAK2 FIDELITY NATIONAL INFORMATION SERVICES, INC., SR. UNSECD. NOTE, 3.500%, 4/15/2023 53,000.00 56,784.00 316773CX6 FIFTH THIRD BANCORP, SR. UNSECD. NOTE, 3.650%, 1/25/2024 75,000.00 81,863.00 337932AP2 FIRSTENERGY CORP., SR. UNSECD. NOTE, SERIES B, 2.250%, 9/1/2030 155,000.00 155,656.00 337738AU2 FISERV, INC., SR. UNSECD. NOTE, 3.500%, 7/1/2029 110,000.00 123,755.00 339041105 1 FLEETCOR TECHNOLOGIES, INC. 247.00 62,128.00 340711AT7 FLORIDA GAS TRANSMISSION CO. LLC, SR. UNSECD. NOTE, 144A, 5.450%, 7/15/2020 10,000.00 10,015.00 343498AB7 FLOWERS FOODS, INC., SR. UNSECD. NOTE, 3.500%, 10/1/2026 140,000.00 150,961.00 34354P105 FLOWSERVE CORP. 2,437.00 69,503.00 343412102 FLUOR CORP. 21,980.00 265,518.00 344868AA2 FOOTBALL TRUST V, PASS THRU CERT., 5.350%, 10/5/2020 66,707.00 67,253.00 345370860 FORD MOTOR CO. 24,635.00 149,781.00 345397XW8 FORD MOTOR CREDIT CO. LLC, SR. UNSECD. NOTE, 3.336%, 3/18/2021 200,000.00 198,567.00 34959E109 1 FORTINET, INC. 4,116.00 565,003.00 30261NAE0 FREMF MORTGAGE TRUST 2013-K25 REMIC, CLASS B, 3.744%, 11/25/2045 200,000.00 209,363.00 36237H101 1 G-III APPAREL GROUP LTD. 2,558.00 33,996.00 H2906T109 GARMIN LTD. 2,446.00 238,485.00 36164QNA2 GE CAPITAL INTERNATIONAL FUNDING, INC., SR. UNSECD. NOTE, 4.418%, 11/15/2035 250,000.00 254,094.00 36962G6S8 GENERAL ELECTRIC CAPITAL CORP., SR. UNSECD. NOTE, SERIES GMTN, 3.100%, 1/9/2023 30,000.00 31,407.00 370334CJ1 GENERAL MILLS, INC., SR. UNSECD. NOTE, 4.700%, 4/17/2048 80,000.00 106,297.00 37045XBM7 GENERAL MOTORS FINANCIAL CO., INC., SR. UNSECD. NOTE, 3.200%, 7/6/2021 160,000.00 161,874.00 37045XBW5 GENERAL MOTORS FINANCIAL CO., INC., SR. UNSECD. NOTE, 3.950%, 4/13/2024 10,000.00 10,350.00 37940XAB8 GLOBAL PAYMENTS, INC., SR. UNSECD. NOTE, 3.200%, 8/15/2029 5,000.00 5,366.00 37959E102 GLOBE LIFE, INC. 1,122.00 83,286.00

FMBAL-8

Federated Hermes MDT Balanced Fund - Portfolio Holdings - June 30, 2020

CUSIP SECURITY DESCRIPTION CURRENT SHARES MARKET VALUE 38141GWT7 GOLDMAN SACHS GROUP, INC., SR. UNSECD. NOTE, 3.200%, 2/23/2023 40,000.00 42,472.00 38141GRD8 GOLDMAN SACHS GROUP, INC., SR. UNSECD. NOTE, 3.625%, 1/22/2023 275,000.00 294,647.00 38141GGM0 GOLDMAN SACHS GROUP, INC., SR. UNSECD. NOTE, 6.250%, 2/1/2041 150,000.00 224,278.00 382550101 GOODYEAR TIRE & RUBBER CO. 15,297.00 136,832.00 36179MVS6 GOVERNMENT NATIONAL MORTGAGE ASSOCIATION, POOL MA0625, 3.500%, 12/20/2042 28,086.00 30,604.00 36179NQ50 GOVERNMENT NATIONAL MORTGAGE ASSOCIATION, POOL MA1376, 4.000%, 10/20/2043 20,758.00 22,642.00 387328107 GRANITE CONSTRUCTION, INC. 3,291.00 62,990.00 391164AE0 GREAT PLAINS ENERGY, INC., NOTE, 4.850%, 6/1/2021 10,000.00 10,276.00 40049JBC0 GRUPO TELEVISA S.A., SR. UNSECD. NOTE, 6.125%, 1/31/2046 30,000.00 38,357.00 36192KAV9 GS MORTGAGE SECURITIES CORP. II 2012-GCJ7, CLASS AS, 4.085%, 5/10/2045 100,000.00 103,087.00 42225UAB0 HEALTHCARE TRUST OF AMERICA, 3.700%, 4/15/2023 50,000.00 52,347.00 423012AF0 HEINEKEN NV, SR. UNSECD. NOTE, 144A, 3.500%, 1/29/2028 270,000.00 304,622.00 423452101 HELMERICH & PAYNE, INC. 6,773.00 132,141.00 426281101 HENRY JACK & ASSOCIATES, INC. 1,260.00 231,878.00 806407102 1 HENRY SCHEIN, INC. 477.00 27,852.00 427866108 HERSHEY FOODS CORP. 1,430.00 185,357.00 42824CAG4 HEWLETT PACKARD ENTERPRISE CO., SR. UNSECD. NOTE, 3.600%, 10/15/2020 70,000.00 70,442.00 428291108 HEXCEL CORP. 4,957.00 224,156.00 436106AA6 HOLLYFRONTIER CORP., SR. UNSECD. NOTE, 5.875%, 4/1/2026 15,000.00 16,604.00 436440101 1 HOLOGIC, INC. 12,169.00 693,633.00 437076102 HOME DEPOT, INC. 3,583.00 897,577.00 443201108 HOWMET AEROSPACE, INC. 18,178.00 288,121.00 40438PAE2 HPEFS EQUIPMENT TRUST 2020-2A, CLASS C, 2.000%, 7/22/2030 500,000.00 500,555.00 443510607 HUBBELL, INC. 1,348.00 168,985.00 444859102 HUMANA, INC. 1,276.00 494,769.00 446150104 HUNTINGTON BANCSHARES, INC. 17,749.00 160,362.00 446413106 HUNTINGTON INGALLS INDUSTRIES, INC. 932.00 162,625.00 446413AN6 HUNTINGTON INGALLS INDUSTRIES, INC., SR. UNSECD. NOTE, 144A, 3.844%, 5/1/2025 110,000.00 119,571.00 448055AK9 HUSKY ENERGY, INC., 4.000%, 4/15/2024 75,000.00 77,015.00 448055AP8 HUSKY ENERGY, INC., SR. UNSECD. NOTE, 4.400%, 4/15/2029 240,000.00 240,200.00 448579AE2 HYATT HOTELS CORP., SR. UNSECD. NOTE, 3.375%, 7/15/2023 30,000.00 30,281.00 45168D104 1 IDEXX LABORATORIES, INC. 1,377.00 454,630.00 457153AF1 INGRAM MICRO, INC., SR. UNSECD. NOTE, 5.000%, 8/10/2022 20,000.00 20,011.00 45772F107 1 INPHI CORP. 9,407.00 1,105,322.00 458140100 INTEL CORP. 9,807.00 586,753.00 458140BP4 INTEL CORP., SR. UNSECD. NOTE, 3.400%, 3/25/2025 265,000.00 297,625.00 45866F104 INTERCONTINENTAL EXCHANGE, INC. 9,270.00 849,132.00

FMBAL-9

Federated Hermes MDT Balanced Fund - Portfolio Holdings - June 30, 2020

CUSIP SECURITY DESCRIPTION CURRENT SHARES MARKET VALUE 461202103 INTUIT, INC. 302.00 89,449.00 46132FAD2 INVESCO FINANCE PLC, SR. UNSECD. NOTE, 3.750%, 1/15/2026 80,000.00 87,729.00 46187W107 INVITATION HOMES, INC. 4,900.00 134,897.00 464287465 ISHARES MSCI EAFE ETF 201,000.00 12,234,870.00 G50871105 1 JAZZ PHARMACEUTICALS PLC. 2,059.00 227,190.00 478160104 JOHNSON & JOHNSON 5,547.00 780,075.00 478160BU7 JOHNSON & JOHNSON, SR. UNSECD. NOTE, 3.550%, 3/1/2036 15,000.00 17,739.00 46646RAJ2 JPMDB COMMERCIAL MORTGAGE SECURITIES TRUST 2016-C4, CLASS A3, 3.141%, 12/15/2049 200,000.00 218,040.00 46590TAE5 JPMDB COMMERCIAL MORTGAGE SECURITIES TRUST 2017-C5, CLASS A5, 3.693%, 3/15/2050 50,000.00 56,315.00 48126HAC4 JPMORGAN CHASE & CO., JR. SUB. DEB., SERIES X, 6.100%, 4/1/2169 10,000.00 10,254.00 48128BAF8 JPMORGAN CHASE & CO., JR. SUB. NOTE, SERIES FF, 0.000%, 2/1/2169 25,000.00 24,067.00 46647PAP1 JPMORGAN CHASE & CO., SR. UNSECD. NOTE, 3.559%, 4/23/2024 20,000.00 21,453.00 46647PAJ5 JPMORGAN CHASE & CO., SR. UNSECD. NOTE, 3.882%, 7/24/2038 15,000.00 17,758.00 46625HJJ0 JPMORGAN CHASE & CO., SUB. NOTE, 3.375%, 5/1/2023 400,000.00 428,111.00 485170AV6 KANSAS CITY SOUTHERN INDUSTRIES, INC., SR. UNSECD. NOTE, 3.000%, 5/15/2023 30,000.00 30,655.00 485170BA1 KANSAS CITY SOUTHERN INDUSTRIES, INC., SR. UNSECD. NOTE, 3.125%, 6/1/2026 225,000.00 237,040.00 48238T109 KAR AUCTION SERVICES, INC. 118,888.00 1,635,899.00 49245PAA4 KERRY GROUP FINANCIAL SERVICES, SR. UNSECD. NOTE, 144A, 3.200%, 4/9/2023 200,000.00 209,200.00 49338L103 1 KEYSIGHT TECHNOLOGIES, INC. 5,266.00 530,707.00 494368103 KIMBERLY-CLARK CORP. 10,598.00 1,498,027.00 49446RAN9 KIMCO REALTY CORP., SR. UNSECD. NOTE, 3.400%, 11/1/2022 50,000.00 52,045.00 494550AW6 KINDER MORGAN ENERGY PARTNERS LP, SR. UNSECD. NOTE, SERIES MTN, 6.950%, 1/15/2038 20,000.00 26,537.00 498531PD8 KLEIN, TX INDEPENDENT SCHOOL DISTRICT, UNLIMITED TAX SCHOOLHOUSE AND REFUNDING BONDS (SERIES 2020), (GTD BY TEXAS PERMANENT SCHOOL FUND GUARANTEE PROGRAM), 5.000%, 8/1/2028 200,000.00 264,260.00 50077LAH9 KRAFT HEINZ FOODS CO., SR. UNSECD. NOTE, 2.800%, 7/2/2020 4,000.00 4,000.00 50077LAM8 KRAFT HEINZ FOODS CO., SR. UNSECD. NOTE, 5.200%, 7/15/2045 15,000.00 16,285.00 501044DG3 KROGER CO., SR. UNSECD. NOTE, 4.450%, 2/1/2047 10,000.00 12,152.00 50540RAL6 LABORATORY CORP. OF AMERICA HOLDINGS, SR. UNSECD. NOTE, 3.750%, 8/23/2022 10,000.00 10,554.00 52532XAC9 LEIDOS INC., UNSECD. NOTE, 144A, 3.625%, 5/15/2025 170,000.00 186,001.00 534187BC2 LINCOLN NATIONAL CORP., SR. UNSECD. NOTE, 4.200%, 3/15/2022 10,000.00 10,596.00 G5494J103 LINDE PLC 653.00 138,508.00 539183103 1 LIVONGO HEALTH, INC. 6,600.00 496,254.00

FMBAL-10

Federated Hermes MDT Balanced Fund - Portfolio Holdings - June 30, 2020

CUSIP SECURITY DESCRIPTION CURRENT SHARES MARKET VALUE 539830109 LOCKHEED MARTIN CORP. 1,586.00 578,763.00 548661107 LOWE'S COS., INC. 6,086.00 822,340.00 550021109 1 LULULEMON ATHLETICA, INC. 122.00 38,065.00 55616P104 MACY'S, INC. 74,144.00 510,111.00 565849106 MARATHON OIL CORP. 21,158.00 129,487.00 56585ABE1 MARATHON PETROLEUM CORP., SR. UNSECD. NOTE, 4.500%, 4/1/2048 15,000.00 15,405.00 56585AAF9 MARATHON PETROLEUM CORP., SR. UNSECD. NOTE, 6.500%, 3/1/2041 10,000.00 12,423.00 57060D108 MARKETAXESS HOLDINGS, INC. 1,272.00 637,170.00 573284106 MARTIN MARIETTA MATERIALS 316.00 65,276.00 574599106 MASCO CORP. 539.00 27,063.00 574599BL9 MASCO CORP., SR. UNSECD. NOTE, 4.375%, 4/1/2026 80,000.00 91,459.00 57629WBY5 MASS MUTUAL GLOBAL FUNDING II, 144A, 2.000%, 4/15/2021 275,000.00 278,707.00 57636Q104 MASTERCARD, INC. 3,271.00 967,235.00 57772K101 MAXIM INTEGRATED PRODUCTS, INC. 2,157.00 130,736.00 580135101 MCDONALD'S CORP. 1,007.00 185,761.00 582839AH9 MEAD JOHNSON NUTRITION CO., SR. UNSECD. NOTE, 4.125%, 11/15/2025 50,000.00 57,922.00 G5960L103 MEDTRONIC PLC 372.00 34,112.00 58933Y105 MERCK & CO., INC. 13,595.00 1,051,301.00 589433101 MEREDITH CORP. 5,694.00 82,848.00 59156R108 METLIFE, INC. 1,975.00 72,127.00 59156RAV0 METLIFE, INC., JR. SUB. NOTE, 10.750%, 8/1/2039 10,000.00 15,450.00 59156RAP3 METLIFE, INC., JR. SUB. NOTE, 6.400%, 12/15/2036 15,000.00 17,743.00 59156RBH0 METLIFE, INC., SR. UNSECD. NOTE, 3.600%, 4/10/2024 250,000.00 277,373.00 592112TE6 METROPOLITAN GOVERNMENT NASHVILLE & DAVIDSON COUNTY, TN, GO IMPROVEMENT BONDS (SERIES 2018), 4.000%, 7/1/2028 125,000.00 153,455.00 594918104 MICROSOFT CORP. 11,281.00 2,295,796.00 594918BS2 MICROSOFT CORP., SR. UNSECD. NOTE, 3.450%, 8/8/2036 15,000.00 18,108.00 596278101 1 MIDDLEBY CORP. 520.00 41,049.00 60855R100 1 MOLINA HEALTHCARE, INC. 413.00 73,506.00 609839105 MONOLITHIC POWER SYSTEMS 151.00 35,787.00 61760VAQ6 MORGAN STANLEY CAPITAL I 2012-C4, CLASS AS, 3.773%, 3/15/2045 100,000.00 97,322.00 61747YDY8 MORGAN STANLEY, 4.300%, 1/27/2045 300,000.00 378,020.00 61746BEA0 MORGAN STANLEY, SR. UNSECD. NOTE, SERIES GMTN, 2.500%, 4/21/2021 120,000.00 122,019.00 61744YAN8 MORGAN STANLEY, SR. UNSECD. NOTE, SERIES GMTN, 3.125%, 1/23/2023 15,000.00 15,910.00 6174468C6 MORGAN STANLEY, SR. UNSECD. NOTE, SERIES GMTN, 4.000%, 7/23/2025 15,000.00 17,019.00 61747YDU6 MORGAN STANLEY, SUB. NOTE, SERIES MTN, 4.100%, 5/22/2023 15,000.00 16,219.00 55336VAK6 MPLX LP, SR. UNSECD. NOTE, 4.125%, 3/1/2027 40,000.00 42,709.00 55336VAM2 MPLX LP, SR. UNSECD. NOTE, 4.500%, 4/15/2038 5,000.00 5,004.00 55336VAT7 MPLX LP, SR. UNSECD. NOTE, 5.500%, 2/15/2049 225,000.00 255,678.00 55354G100 MSCI, INC., CLASS A 3,443.00 1,149,342.00 553573106 1 MSG NETWORKS, INC. 28,128.00 279,874.00

FMBAL-11

Federated Hermes MDT Balanced Fund - Portfolio Holdings - June 30, 2020

CUSIP SECURITY DESCRIPTION CURRENT SHARES MARKET VALUE 62855J104 1 MYRIAD GENETICS, INC. 7,854.00 89,064.00 629568AV8 NABORS INDUSTRIES, INC., COMPANY GUARANTEE, 5.000%, 9/15/2020 15,000.00 14,979.00 631103108 NASDAQ, INC. 4,533.00 541,558.00 636180BL4 NATIONAL FUEL GAS CO., SR. UNSECD. NOTE, 3.750%, 3/1/2023 65,000.00 66,296.00 636180BQ3 NATIONAL FUEL GAS CO., SR. UNSECD. NOTE, 5.500%, 1/15/2026 445,000.00 473,913.00 637432NK7 NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP., SR. SUB. NOTE, 5.250%, 4/20/2046 110,000.00 116,946.00 637432CT0 NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP., SR. UNSECD. NOTE, SERIES MTNC, 8.000%, 3/1/2032 25,000.00 39,347.00 638671AK3 NATIONWIDE MUTUAL INSURANCE CO., SUB. NOTE, 144A, 9.375%, 8/15/2039 65,000.00 104,678.00 638671AN7 NATIONWIDE MUTUAL INSURANCE CO., SUB., 144A, 4.350%, 4/30/2050 260,000.00 271,323.00 64110L106 1 NETFLIX, INC. 942.00 428,648.00 64990FPQ1 NEW YORK STATE DORMITORY AUTHORITY STATE PERSONAL INCOME TAX REVENUE (NEW YORK STATE PERSONAL INCOME TAX REVENUE BOND FUND), STATE PERSONAL INCOME TAX REVENUE BONDS (SERIES 2019D), 4.000%, 2/15/2037 200,000.00 235,494.00 65343E108 1 NEXTCURE, INC. 947.00 20,304.00 65339F101 NEXTERA ENERGY, INC. 277.00 66,527.00 665859104 NORTHERN TRUST CORP. 2,279.00 180,816.00 67080LAA3 NUVEEN LLC, SR. UNSECD. NOTE, 144A, 4.000%, 11/1/2028 70,000.00 82,875.00 67066G104 NVIDIA CORP. 1,522.00 578,223.00 67103H107 1 O'REILLY AUTOMOTIVE, INC. 431.00 181,740.00 67103HAA5 O'REILLY AUTOMOTIVE, INC., COMPANY GUARANTEE, 4.875%, 1/14/2021 10,000.00 10,111.00 670837103 OGE ENERGY CORP. 17,633.00 535,338.00 679295105 1 OKTA, INC. 572.00 114,532.00 681919AZ9 OMNICOM GROUP, INC., SR. UNSECD. NOTE, 3.625%, 5/1/2022 20,000.00 21,103.00 68389X105 ORACLE CORP. 1,351.00 74,670.00 704326107 PAYCHEX, INC. 11,674.00 884,305.00 70450Y103 1 PAYPAL HOLDINGS, INC. 2,717.00 473,383.00 69318G106 PBF ENERGY, INC. 15,207.00 155,720.00 704551100 PEABODY ENERGY CORP. 18,653.00 53,721.00 707567AC7 PENN MUTUAL LIFE INSURANCE CO., SR. NOTE, 144A, 7.625%, 6/15/2040 15,000.00 21,669.00 709599BD5 PENSKE TRUCK LEASING CO. LP & PTL FINANCE CORP., SR. UNSECD. NOTE, 144A, 3.650%, 7/29/2021 25,000.00 25,599.00 713448108 PEPSICO, INC. 5,398.00 713,939.00 713448EU8 PEPSICO, INC., SR. UNSECD. NOTE, 3.625%, 3/19/2050 295,000.00 359,776.00 717081103 PFIZER, INC. 2,796.00 91,429.00 718546104 PHILLIPS 66 513.00 36,885.00 724479100 PITNEY BOWES, INC. 10,000.00 26,000.00 727493108 PLANTRONICS, INC. 12,572.00 184,557.00

FMBAL-12

Federated Hermes MDT Balanced Fund - Portfolio Holdings - June 30, 2020

CUSIP SECURITY DESCRIPTION CURRENT SHARES MARKET VALUE 737415AL3 POST APARTMENT HOMES LP, SR. UNSECD. NOTE, 3.375%, 12/1/2022 20,000.00 20,872.00 693506107 PPG INDUSTRIES, INC. 2,929.00 310,650.00 69352PAL7 PPL CAPITAL FUNDING, INC., SR. UNSECD. NOTE, 3.100%, 5/15/2026 250,000.00 271,067.00 74251VAH5 PRINCIPAL FINANCIAL GROUP, INC., SR. UNSECD. NOTE, 3.125%, 5/15/2023 10,000.00 10,619.00 74251VAE2 PRINCIPAL FINANCIAL GROUP, INC., SR. UNSECD. NOTE, 3.300%, 9/15/2022 10,000.00 10,543.00 742718109 PROCTER & GAMBLE CO. 1,773.00 211,997.00 74340W103 PROLOGIS, INC. 2,900.00 270,657.00 744320102 PRUDENTIAL FINANCIAL, INC. 5,529.00 336,716.00 74432QBQ7 PRUDENTIAL FINANCIAL, INC., SR. UNSECD. NOTE, SERIES MTN, 6.200%, 11/15/2040 50,000.00 71,367.00 744573106 PUBLIC SERVICE ENTERPRISES GROUP, INC. 1,915.00 94,141.00 747525103 QUALCOMM, INC. 9,835.00 897,050.00 754730AG4 RAYMOND JAMES FINANCIAL, INC., SR. UNSECD. NOTE, 4.650%, 4/1/2030 305,000.00 365,343.00 754730AD1 RAYMOND JAMES FINANCIAL, INC., SR. UNSECD. NOTE, 5.625%, 4/1/2024 13,000.00 14,829.00 75513EBA8 RAYTHEON TECHNOLOGIES CORP., SR. UNSECD. NOTE, 144A, 3.100%, 11/15/2021 10,000.00 10,269.00 75689M101 1 RED ROBIN GOURMET BURGERS 218.00 2,224.00 75737F108 1 REDFIN CORP. 1,456.00 61,021.00 759351604 REINSURANCE GROUP OF AMERICA 2,065.00 161,979.00 759509AE2 RELIANCE STEEL & ALUMINUM CO., SR. UNSECD. NOTE, 4.500%, 4/15/2023 100,000.00 107,447.00 760759100 REPUBLIC SERVICES, INC. 3,596.00 295,052.00 76169C100 REXFORD INDUSTRIAL REALTY, INC. 6,700.00 277,581.00 776743AJ5 ROPER TECHNOLOGIES, INC., SR. UNSECD. NOTE, 2.000%, 6/30/2030 175,000.00 175,318.00 780082AC7 ROYAL BANK OF CANADA, SEC. FAC. BOND, 2.100%, 10/14/2020 65,000.00 65,324.00 780097AZ4 ROYAL BANK OF SCOTLAND GROUP PLC, SUB., 6.000%, 12/19/2023 10,000.00 11,210.00 78355HKD0 RYDER SYSTEM, INC., SR. UNSECD. NOTE, SERIES MTN, 2.800%, 3/1/2022 70,000.00 72,006.00 78355HKH1 RYDER SYSTEM, INC., SR. UNSECD. NOTE, SERIES MTN, 3.750%, 6/9/2023 200,000.00 213,336.00 78409V104 S&P GLOBAL, INC. 194.00 63,919.00 78573M104 SABRE CORP. 41,560.00 334,974.00 78667J108 1 SAGE THERAPEUTICS, INC. 6,969.00 289,771.00 80281LAD7 SANTANDER UK GROUP HOLDINGS PLC, SR. UNSECD. NOTE, 3.125%, 1/8/2021 25,000.00 25,315.00 810186106 SCOTTS MIRACLE-GRO CO. 983.00 132,184.00 816300107 SELECTIVE INSURANCE GROUP, INC. 917.00 48,362.00 816851BF5 SEMPRA ENERGY, SR. UNSECD. NOTE, 2.900%, 2/1/2023 15,000.00 15,685.00 816850101 1 SEMTECH CORP. 943.00 49,243.00 824348106 SHERWIN-WILLIAMS CO. 155.00 89,567.00 842587CV7 SOUTHERN CO., SR. UNSECD. NOTE, 3.250%, 7/1/2026 175,000.00 194,087.00 84265VAE5 SOUTHERN COPPER CORP., SR. UNSECD. NOTE, 6.750%, 4/16/2040 20,000.00 27,165.00

FMBAL-13

Federated Hermes MDT Balanced Fund - Portfolio Holdings - June 30, 2020

CUSIP SECURITY DESCRIPTION CURRENT SHARES MARKET VALUE 844741BJ6 SOUTHWEST AIRLINES CO., SR. UNSECD. NOTE, 5.250%, 5/4/2025 110,000.00 116,159.00 848574109 SPIRIT AEROSYSTEMS HOLDINGS, INC., CLASS A 43,219.00 1,034,663.00 85205TAK6 SPIRIT AEROSYSTEMS, INC., SR. UNSECD. NOTE, 4.600%, 6/15/2028 15,000.00 12,095.00 784635104 1 SPX CORP. 7,730.00 318,090.00 857477BF9 STATE STREET CORP., SUB. DEB., 0.000%, 11/1/2034 10,000.00 10,763.00 86562MAX8 SUMITOMO MITSUI FINANCIAL GROUP, INC., SR. UNSECD. NOTE, 3.102%, 1/17/2023 45,000.00 47,608.00 866674104 SUN COMMUNITIES, INC. 2,300.00 312,064.00 867892101 SUNSTONE HOTEL INVESTORS, INC. 12,500.00 101,875.00 871607107 1 SYNOPSYS, INC. 1,262.00 246,090.00 87938WAX1 TELEFONICA EMISIONES SAU, SR. UNSECD. NOTE, 5.520%, 3/1/2049 150,000.00 197,512.00 88146M101 TERRENO REALTY CORP. 4,750.00 250,040.00 881609AZ4 TESORO CORP., SR. UNSECD. NOTE, 5.375%, 10/1/2022 25,000.00 24,831.00 882384AC4 TEXAS EASTERN TRANSMISSION LP, SR. UNSECD. NOTE, 144A, 2.800%, 10/15/2022 20,000.00 20,370.00 88283LHU3 TEXAS STATE TRANSPORTATION COMMISSION - STATE HIGHWAY FUND, 5.178%, 4/1/2030 30,000.00 38,437.00 883199AR2 2 TEXTRON FINANCIAL CORP., JR. SUB. NOTE, 144A, 2.127% (3-MONTH USLIBOR +1.735%), 2/15/2042 40,000.00 25,068.00 883203BW0 TEXTRON, INC., SR. UNSECD. NOTE, 4.000%, 3/15/2026 50,000.00 53,393.00 883203BU4 TEXTRON, INC., SR. UNSECD. NOTE, 4.300%, 3/1/2024 50,000.00 53,340.00 89417E109 THE TRAVELERS COS., INC. 19,038.00 2,171,284.00 884315AG7 THOMAS & BETTS CORP., SR. UNSECD. NOTE, 5.625%, 11/15/2021 15,000.00 15,948.00 89239RAD8 TOYOTA AUTO RECEIVABLES OWNER 2020-B, CLASS A4, 1.660%, 9/15/2025 400,000.00 408,598.00 G8994E103 TRANE TECHNOLOGIES PLC 400.00 35,592.00 89352HAD1 TRANSCANADA PIPELINES LTD., SR. UNSECD. NOTE, 6.200%, 10/15/2037 5,000.00 6,696.00 89400J107 TRANSUNION 1,133.00 98,617.00 896945201 1 TRIPADVISOR, INC. 18,917.00 359,612.00 867914BK8 TRUIST FINANCIAL CORP., SR. UNSECD. NOTE, 2.900%, 3/3/2021 130,000.00 131,980.00 912828SA9 U.S. TREASURY INFLATION-PROTECTED NOTES, 0.125%, 1/15/2022 169,956.00 172,293.00 912828Z37 U.S. TREASURY INFLATION-PROTECTED NOTES, 0.125%, 1/15/2030 149,512.00 161,651.00 912828Q60 U.S. TREASURY INFLATION-PROTECTED NOTES, 0.125%, 4/15/2021 108,202.00 108,713.00 912810SM1 U.S. TREASURY INFLATION-PROTECTED NOTES, 0.250%, 2/15/2050 299,244.00 335,971.00 912810RF7 U.S. TREASURY INFLATION-PROTECTED NOTES, 1.375%, 2/15/2044 137,544.00 187,781.00 90349GAN5 UBS-BARCLAYS COMMERCIAL MORTGAGE TRUST 2013-C6, CLASS B, 3.875%, 4/10/2046 150,000.00 140,232.00 90265EAL4 UDR, INC., SR. UNSECD. NOTE, SERIES MTN, 2.950%, 9/1/2026 70,000.00 74,236.00

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Federated Hermes MDT Balanced Fund - Portfolio Holdings - June 30, 2020

CUSIP SECURITY DESCRIPTION CURRENT SHARES MARKET VALUE 902748AA0 UIL HOLDINGS CORP., SR. UNSECD. NOTE, 4.625%, 10/1/2020 40,000.00 40,229.00 911312AM8 UNITED PARCEL SERVICE, INC., SR. UNSECD. NOTE, 3.125%, 1/15/2021 30,000.00 30,421.00 911312BX3 UNITED PARCEL SERVICE, INC., SR. UNSECD. NOTE, 3.900%, 4/1/2025 125,000.00 142,052.00 912810FT0 UNITED STATES TREASURY BOND, 4.500%, 2/15/2036 50,000.00 76,523.00 912828F21 UNITED STATES TREASURY NOTE, 2.125%, 9/30/2021 25,000.00 25,607.00 91307C102 1 UNITED THERAPEUTICS CORP. 229.00 27,709.00 91324P102 UNITEDHEALTH GROUP, INC. 481.00 141,871.00 914886AA4 UNIVERSITY OF SOUTHERN CALIFORNIA, SR. UNSECD. NOTE, 5.250%, 10/1/2111 10,000.00 15,862.00 91913YAV2 VALERO ENERGY CORP., SR. UNSECD. NOTE, 4.350%, 6/1/2028 15,000.00 16,999.00 92345Y106 VERISK ANALYTICS, INC. 8,530.00 1,451,806.00 92345YAC0 VERISK ANALYTICS, INC., SR. UNSECD. NOTE, 4.125%, 9/12/2022 10,000.00 10,706.00 92345YAE6 VERISK ANALYTICS, INC., SR. UNSECD. NOTE, 5.500%, 6/15/2045 50,000.00 68,756.00 92343V104 VERIZON COMMUNICATIONS, INC. 14,027.00 773,308.00 92343VFE9 VERIZON COMMUNICATIONS, INC., SR. UNSECD. NOTE, 3.150%, 3/22/2030 90,000.00 101,940.00 92343VBY9 VERIZON COMMUNICATIONS, INC., SR. UNSECD. NOTE, 4.150%, 3/15/2024 90,000.00 100,234.00 92343VDU5 VERIZON COMMUNICATIONS, INC., SR. UNSECD. NOTE, 5.250%, 3/16/2037 25,000.00 33,875.00 92532F100 1 VERTEX PHARMACEUTICALS, INC. 3,745.00 1,087,211.00 92556HAA5 VIACOMCBS, INC., SR. UNSECD. NOTE, 4.750%, 5/15/2025 400,000.00 456,229.00 925652109 VICI PROPERTIES, INC. 7,200.00 145,368.00 92826CAD4 VISA, INC., SR. UNSECD. NOTE, 3.150%, 12/14/2025 70,000.00 78,151.00 92826CAE2 VISA, INC., SR. UNSECD. NOTE, 4.150%, 12/14/2035 15,000.00 19,238.00 928298108 VISHAY INTERTECHNOLOGY, INC. 8,203.00 125,260.00 92857WBU3 VODAFONE GROUP PLC, SR. UNSECD. NOTE, 4.250%, 9/17/2050 200,000.00 235,376.00 92857WBS8 VODAFONE GROUP PLC, SR. UNSECD. NOTE, 4.875%, 6/19/2049 200,000.00 251,661.00 384802104 W.W. GRAINGER, INC. 525.00 164,934.00 931142CS0 WALMART INC., SR. UNSECD. NOTE, 5.625%, 4/1/2040 10,000.00 15,193.00 93974EES1 WASHINGTON STATE, VARIOUS PURPOSE GO BONDS (SERIES 2020C), 5.000%, 2/1/2044 250,000.00 322,410.00 941848103 1 WATERS CORP. 3,021.00 544,988.00 94419L101 1 WAYFAIR, INC. 1,047.00 206,898.00 94974BFY1 WELLS FARGO & CO., SERIES MTN, 4.100%, 6/3/2026 10,000.00 11,280.00 949746SK8 WELLS FARGO & CO., SR. UNSECD. NOTE, 3.069%, 1/24/2023 15,000.00 15,541.00 95040QAK0 WELLTOWER, INC., SR. UNSECD. NOTE, 2.700%, 2/15/2027 185,000.00 192,394.00

FMBAL-15

Federated Hermes MDT Balanced Fund - Portfolio Holdings - June 30, 2020

CUSIP SECURITY DESCRIPTION CURRENT SHARES MARKET VALUE 958254AK0 WESTERN GAS PARTNERS LP, SR. UNSECD. NOTE, 4.750%, 8/15/2028 10,000.00 9,625.00 959802109 WESTERN UNION CO. 4,987.00 107,819.00 961214DF7 WESTPAC BANKING CORP., SUB., SERIES GMTN, 4.322%, 11/23/2031 10,000.00 11,103.00 72925PAD7 WEYERHAEUSER CO., SR. UNSECD. NOTE, 3.250%, 3/15/2023 10,000.00 10,534.00 92936QAJ7 WF-RBS COMMERCIAL MORTGAGE TRUST 2012- C6, CLASS B, 4.697%, 4/15/2045 25,000.00 25,446.00 96950FAG9 WILLIAMS PARTNERS LP, SR. UNSECD. NOTE, 4.125%, 11/15/2020 30,000.00 30,050.00 974155103 WINGSTOP, INC. 5,695.00 791,434.00 92936UAF6 WP CAREY, INC., SR. UNSECD. NOTE, 3.850%, 7/15/2029 105,000.00 109,322.00 92936UAA7 WP CAREY, INC., SR. UNSECD. NOTE, 4.600%, 4/1/2024 75,000.00 79,932.00 98421M106 XEROX HOLDINGS CORP. 9,197.00 140,622.00 98420EAC9 XLIT LTD., SUB., 4.450%, 3/31/2025 15,000.00 16,916.00 98419M100 XYLEM, INC. 5,277.00 342,794.00 989701107 ZIONS BANCORPORATION, N.A. 6,265.00 213,010.00 98978V103 ZOETIS, INC. 6,931.00 949,824.00 98978VAT0 ZOETIS, INC., SR. UNSECD. NOTE, 3.000%, 5/15/2050 165,000.00 170,458.00 98980G102 1 ZSCALER, INC. 390.00 42,705.00 159,436,781.00

At June 30, 2020, the Fund had the following outstanding futures contracts: Value and Unrealized Number of Appreciation Description Contracts Notional Value Expiration Date (Depreciation) Long Futures 1United States Treasury Note 2-Year Long Futures 65 $ 14,353,828 September 2020 $ 3,121 1United States Treasury Note 10-Year Long Futures 1 $ 139,172 September 2020 $ 451 1United States Treasury Note 10-Year Ultra Long Futures 9 $ 1,417,360 September 2020 $ 6,893 1United States Treasury Ultra Bond Long Futures 1 $ 218,156 September 2020 $ 13,497 Short Futures 1United States Treasury Note 5-Year Short Futures 11 $ 1,383,164 September 2020 $ (2,830) NET UNREALIZED APPRECIATION ON FUTURES CONTRACTS $ 21,132

1 Non-income-producing security. 2 Floating/variable note with current rate and current maturity or next reset date shown. 3 JPMorgan Chase & Co., has fully and unconditionally guaranteed Bear Stearns' outstanding registered debt securities. 4 7-day net yield.

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Portfolio holdings are shown as of the date indicated and are unaudited. Since market conditions fluctuate suddenly and frequently, the portfolio holdings may change and this list is not indicative of future portfolio composition. These portfolio holdings are not intended to be and do not constitute recommendations that others buy, sell, or hold any of the securities listed.

For more complete information on the fund, visit www.FederatedInvestors.com for a prospectus or a summary prospectus. You should consider the fund's investment objectives, risks, charges, and expenses carefully before you invest. Information about these and other important subjects is in the fund's prospectus or summary prospectus, which you should read carefully before investing.

NOT FDIC INSURED NO BANK GUARANTEE MAY LOSE VALUE

Federated Securities Corp., Distributor (35641) 6/30/2020

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