FGSAX Fees and Costs — Federated Hermes MDT Mid Cap Growth Fund, Class A
Data updated: 2026-09-23
The net expense ratio is 1.15%: a 0.75% management fee plus 0.55% other expenses, less a 0.15% fee waiver. This share class carries a maximum front-end sales load of 5.50%. In fiscal 2025 the fund paid $1.0M in broker commissions, 0.0294% of average net assets, and portfolio turnover was 78%.
FGSAX Fees and Expenses
Annual operating expenses and sales charges of FGSAX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.55% |
| Gross expense ratio | 1.30% |
| Fee waiver | −0.15% |
| Net expense ratio | 1.15% |
| Sales charges | |
|---|---|
| Max front load | 5.50% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
FGSAX Costs Over Time
On $10,000 invested in FGSAX, assuming 5% a year before costs, total costs come to $1,397 over 5 years, cutting the return by 2.41% 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 | $550 | $550 | $550 |
| Fund expenses (net expense ratio 1.15%) | $114 | $355 | $615 |
| Trading costs (broker commissions) | $3 | $9 | $16 |
| Lost growth on money paid in costs | $28 | $105 | $216 |
| Total costs | $695 | $1,019 | $1,397 |
| Value after costs | $9,805 | $10,557 | $11,366 |
| Impact on return, per year | 6.95% | 3.18% | 2.41% |
FGSAX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0294%
- Total broker commissions: $1.0M
- Bought from dealers (principal trades, not a cost): $3.2B
- Portfolio turnover (prospectus): 78%
- Securities on loan, average value: $14K
- Net income from securities lending: $7K (0.000% of average net assets)
FGSAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Jefferies LLC | $232K | 22.55% |
| Virtu Americas LLC | $152K | 14.82% |
| Nomura Securities International, Inc. | $135K | 13.13% |
| Citigroup Global Markets Inc. | $135K | 13.12% |
| Goldman Sachs & Co. LLC | $124K | 12.04% |
| Tigress Financial Partners, LLC | $121K | 11.79% |
| JonesTrading | $116K | 11.24% |
| BTIG, LLC | $13K | 1.27% |
| BNY Capital Markets, LLC | $398 | 0.04% |
FGSAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Federated Securities Corp. | $3.2B | 100.00% |
Federated Hermes MDT Mid Cap Growth Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FGSKX | Class R6 | 0.84% | none |
| FGSIX | Institutional Shares | 0.85% | none |
| FGSAX | Class A | 1.15% | 5.50% |
| FGSCX | Class C | 1.95% | none |
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.