FHERX Fees and Costs — Federated Hermes SDG Engagement Equity Fund, Class R6
Data updated: 2026-09-23
The net expense ratio is 0.89%: a 0.75% management fee plus 0.44% other expenses, less a 0.30% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $20K in broker commissions, 0.0198% of average net assets, and portfolio turnover was 24%.
FHERX Fees and Expenses
Annual operating expenses and sales charges of FHERX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.44% |
| Gross expense ratio | 1.19% |
| Fee waiver | −0.30% |
| Net expense ratio | 0.89% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| 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 |
FHERX Costs Over Time
On $10,000 invested in FHERX, assuming 5% a year before costs, total costs come to $570 over 5 years, cutting the return by 0.96% 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 0.89%) | $93 | $292 | $507 |
| Trading costs (broker commissions) | $2 | $6 | $11 |
| Lost growth on money paid in costs | $0 | $15 | $52 |
| Total costs | $96 | $313 | $570 |
| Value after costs | $10,404 | $11,263 | $12,193 |
| Impact on return, per year | 0.96% | 0.96% | 0.96% |
FHERX 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): 0.0198%
- Total broker commissions: $20K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 24%
- Securities lending: none during the year
FHERX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Instinet, LLC | $4K | 24.26% |
| Berenberg Capital Markets LLC | $3K | 20.33% |
| Stifel, Nicolaus & Company, Incorporated | $3K | 15.42% |
| BMO Capital Markets | $1K | 8.22% |
| PEEL HUNT INC. | $1K | 6.98% |
| Credit Agricole Securities (USA) Inc. | $1K | 6.35% |
| VIRTU Americas LLC | $886 | 5.31% |
| J.P. Morgan Securities LLC | $802 | 4.81% |
| JonesTrading | $797 | 4.77% |
| Jefferies LLC | $593 | 3.56% |
Federated Hermes SDG Engagement Equity Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FHERX | Class R6 | 0.89% | none |
| FHESX | Institutional Shares | 0.94% | none |
| FHEQX | Class A | 1.19% | 5.50% |
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.