C000176718 Fees and Costs — Federated Hermes Global Strategic Value Dividend Fund, Class C
Data updated: 2022-01-13
The net expense ratio is 1.93%: a 0.75% management fee, a 0.75% 12b-1 fee plus 18.17% other expenses, less a 17.74% fee waiver. This share class carries a deferred sales charge of up to 1.00%. Portfolio turnover was 44%.
C000176718 Fees and Expenses
Annual operating expenses and sales charges of C000176718. Prospectus, as of December 31, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.75% |
| Other expenses | 18.17% |
| Gross expense ratio | 19.67% |
| Fee waiver | −17.74% |
| Net expense ratio | 1.93% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 1.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000176718 Costs Over Time
On $10,000 invested in C000176718, assuming 5% a year before costs, total costs come to $1,185 over 5 years, cutting the return by 2.03% 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 |
| Sales charges | $103 | $0 | $0 |
| Fund expenses (net expense ratio 1.93%) | $203 | $626 | $1,075 |
| Lost growth on money paid in costs | $0 | $31 | $110 |
| Total costs | $306 | $657 | $1,185 |
| Value after costs | $10,194 | $10,919 | $11,578 |
| Impact on return, per year | 3.06% | 2.03% | 2.03% |
C000176718 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2021.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 44%
- Securities lending: none during the year
C000176718 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Instinet, LLC | $836 | 53.06% |
| Merrill Lynch, Pierce, Fenner, & Smith Incorporated | $126 | 7.98% |
| Liquidnet, Inc. | $115 | 7.29% |
| Citigroup Global Markets Inc. | $99 | 6.26% |
| Daiwa Capital Markets America Inc. | $95 | 6.04% |
| Credit Suisse Securities (USA) LLC | $87 | 5.55% |
| J.P. Morgan Securities LLC | $60 | 3.81% |
| Barclays Capital Inc. | $60 | 3.80% |
| Cowen and Company | $51 | 3.22% |
| Jefferies LLC | $47 | 2.99% |
C000176718 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Federated Securities Corp. | $1.5M | 100.00% |
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.