FHGRX Fees and Costs — Federated Hermes Global Equity Fund, Class R6
Data updated: 2025-02-04
The net expense ratio is 0.69%: a 0.65% management fee plus 1.56% other expenses, less a 1.52% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 20%.
FHGRX Fees and Expenses
Annual operating expenses and sales charges of FHGRX. Prospectus, as of January 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.00% |
| Other expenses | 1.56% |
| Gross expense ratio | 2.21% |
| Fee waiver | −1.52% |
| Net expense ratio | 0.69% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| 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 |
FHGRX Costs Over Time
On $10,000 invested in FHGRX, assuming 5% a year before costs, total costs come to $434 over 5 years, cutting the return by 0.72% 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 0.69%) | $72 | $227 | $395 |
| Lost growth on money paid in costs | $0 | $11 | $40 |
| Total costs | $72 | $238 | $434 |
| Value after costs | $10,428 | $11,338 | $12,329 |
| Impact on return, per year | 0.72% | 0.72% | 0.72% |
FHGRX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending November 30, 2024.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 20%
- Securities lending: none during the year
FHGRX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Instinet, LLC | $340 | 17.00% |
| RBC Capital Markets, LLC | $311 | 15.57% |
| ITG Inc. | $293 | 14.68% |
| Stifel, Nicolaus & Company, Incorporated | $289 | 14.45% |
| Jefferies LLC | $236 | 11.80% |
| Credit Agricole Securities (USA) Inc. | $161 | 8.07% |
| BMO Capital Markets Corp. | $128 | 6.39% |
| Berenberg Capital Markets LLC | $117 | 5.83% |
| Goldman Sachs & Co. LLC | $68 | 3.41% |
| DNB MARKETS, INC. | $56 | 2.78% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.