C000026769 Fees and Costs — Federated Hermes Quality Bond Fund II, Primary Shares
Data updated: 2026-08-25
The net expense ratio is 0.77%: a 0.60% management fee plus 0.25% other expenses, less a 0.08% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $2K in broker commissions, 0.0011% of average net assets, and portfolio turnover was 21%.
C000026769 Fees and Expenses
Annual operating expenses and sales charges of C000026769. Prospectus, as of April 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.25% |
| Gross expense ratio | 0.85% |
| Fee waiver | −0.08% |
| Net expense ratio | 0.77% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
C000026769 Costs Over Time
On $10,000 invested in C000026769, assuming 5% a year before costs, total costs come to $485 over 5 years, cutting the return by 0.81% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.77%) | $81 | $253 | $440 |
| Trading costs (broker commissions) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $0 | $13 | $44 |
| Total costs | $81 | $266 | $485 |
| Value after costs | $10,419 | $11,311 | $12,278 |
| Impact on return, per year | 0.81% | 0.81% | 0.81% |
C000026769 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0011%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): $596.2M
- Portfolio turnover (prospectus): 21%
- Securities on loan, average value: $1.4M
- Net income from securities lending: $7K (0.005% of average net assets)
C000026769 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $2K | 100.00% |
C000026769 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $513.9M | 87.47% |
| BMO Capital Markets Corp. | $33.0M | 5.62% |
| Barclays Capital Inc. | $7.9M | 1.34% |
| J.P. Morgan Securities LLC | $7.8M | 1.32% |
| Morgan Stanley & Co. LLC | $7.7M | 1.31% |
| Goldman Sachs & Co. LLC | $6.7M | 1.14% |
| Citigroup Global Markets Inc. | $3.1M | 0.53% |
| Jane Street Execution Services, LLC | $3.0M | 0.52% |
| Citadel Securities LLC | $2.4M | 0.40% |
| Deutsche Bank Securities Inc. | $2.0M | 0.34% |
Federated Hermes Quality Bond Fund II Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000026769 | Primary Shares | 0.77% | — |
| C000026770 | Service Shares | 1.02% | — |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.