FIGIX Fees and Costs — Federated Hermes Short-Intermediate Government Fund, Service Shares
Data updated: 2026-09-23
The net expense ratio is 0.83%: a 0.40% management fee plus 0.74% other expenses, less a 0.31% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $12K in broker commissions, 0.0114% of average net assets, and portfolio turnover was 55%.
FIGIX Fees and Expenses
Annual operating expenses and sales charges of FIGIX. Prospectus, as of January 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.40% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.74% |
| Gross expense ratio | 1.14% |
| Fee waiver | −0.31% |
| Net expense ratio | 0.83% |
| 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 |
FIGIX Costs Over Time
On $10,000 invested in FIGIX, assuming 5% a year before costs, total costs come to $528 over 5 years, cutting the return by 0.88% 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 0.83%) | $87 | $272 | $473 |
| Trading costs (broker commissions) | $1 | $4 | $6 |
| Lost growth on money paid in costs | $0 | $14 | $48 |
| Total costs | $88 | $290 | $528 |
| Value after costs | $10,412 | $11,286 | $12,235 |
| Impact on return, per year | 0.88% | 0.88% | 0.88% |
FIGIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending January 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0114%
- Total broker commissions: $12K
- Bought from dealers (principal trades, not a cost): $195.9M
- Portfolio turnover (prospectus): 55%
- Securities on loan, average value: $213K
- Net income from securities lending: $481 (0.000% of average net assets)
FIGIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Wells Fargo Securities, LLC | $12K | 100.00% |
FIGIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Federated Securities Corp. | $88.9M | 47.32% |
| J.P. Morgan Securities LLC | $25.2M | 13.38% |
| BMO Capital Markets Corp. | $23.5M | 12.52% |
| Citadel Securities LLC | $16.0M | 8.49% |
| Deutsche Bank Securities Inc. | $10.6M | 5.65% |
| TD Securities (USA) LLC | $10.0M | 5.33% |
| Barclays Capital Inc. | $4.5M | 2.39% |
| Nomura Securities International, Inc. | $3.5M | 1.84% |
| Stonex Financial Inc. | $2.9M | 1.54% |
| Wells Fargo Securities, LLC | $2.9M | 1.54% |
Federated Hermes Short-Intermediate Government Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FIGTX | Institutional Shares | 0.60% | none |
| FIGIX | Service Shares | 0.83% | none |
| FIGKX | Class R | 1.33% | 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.