FCSH Fees and Costs — Federated Hermes Short Duration Corporate ETF
Data updated: 2026-09-23
The net expense ratio is 0.30%: a 0.39% management fee plus 0.01% other expenses, less a 0.10% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $734 in broker commissions, 0.0014% of average net assets, and portfolio turnover was 21%.
FCSH Fees and Expenses
Annual operating expenses and sales charges of FCSH. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.39% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.01% |
| Gross expense ratio | 0.40% |
| Fee waiver | −0.10% |
| Net expense ratio | 0.30% |
| 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 |
FCSH Costs Over Time
On $10,000 invested in FCSH, assuming 5% a year before costs, total costs come to $191 over 5 years, cutting the return by 0.32% 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 0.30%) | $32 | $99 | $173 |
| Trading costs (broker commissions) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $0 | $5 | $17 |
| Total costs | $32 | $104 | $191 |
| Value after costs | $10,468 | $11,472 | $12,572 |
| Impact on return, per year | 0.32% | 0.32% | 0.32% |
FCSH Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0014%
- Total broker commissions: $734
- Bought from dealers (principal trades, not a cost): $92.9M
- Portfolio turnover (prospectus): 21%
- Securities lending: none during the year
FCSH Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $734 | 100.00% |
FCSH Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $61.6M | 66.85% |
| Federated Securities Corp. | $20.4M | 22.14% |
| BofA Securities, Inc. | $3.8M | 4.15% |
| Goldman Sachs & Co. LLC | $1.5M | 1.60% |
| Citigroup Global Markets Inc. | $1.4M | 1.53% |
| Morgan Stanley & Co. LLC | $1.3M | 1.39% |
| HSBC Securities (USA) Inc. | $1.2M | 1.27% |
| Wells Fargo Securities, LLC | $495K | 0.54% |
| Barclays Capital Inc. | $249K | 0.27% |
| Jefferies LLC | $248K | 0.27% |
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.