FTGSX Fees and Costs — Federated Hermes Total Return Government Bond Fund, Service Shares
Data updated: 2026-07-27
The net expense ratio is 0.67%: a 0.25% management fee, a 0.25% 12b-1 fee plus 0.56% other expenses, less a 0.39% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $4K in broker commissions, 0.0023% of average net assets, and portfolio turnover was 37%.
FTGSX Fees and Expenses
Annual operating expenses and sales charges of FTGSX. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.25% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.56% |
| Gross expense ratio | 1.06% |
| Fee waiver | −0.39% |
| Net expense ratio | 0.67% |
| 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 |
FTGSX Costs Over Time
On $10,000 invested in FTGSX, assuming 5% a year before costs, total costs come to $423 over 5 years, cutting the return by 0.71% 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 0.67%) | $70 | $220 | $383 |
| Trading costs (broker commissions) | $0 | $1 | $1 |
| Lost growth on money paid in costs | $0 | $11 | $39 |
| Total costs | $71 | $232 | $423 |
| Value after costs | $10,429 | $11,344 | $12,340 |
| Impact on return, per year | 0.71% | 0.71% | 0.71% |
FTGSX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending February 28, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0023%
- Total broker commissions: $4K
- Bought from dealers (principal trades, not a cost): $261.1M
- Portfolio turnover (prospectus): 37%
- Securities on loan, average value: $0
- Net income from securities lending: $1K (0.001% of average net assets)
FTGSX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Wells Fargo Securities, LLC | $4K | 100.00% |
FTGSX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Federated Securities Corp. | $115.4M | 49.56% |
| BMO Capital Markets Corp. | $20.5M | 8.80% |
| Citadel Securities LLC | $18.9M | 8.11% |
| Wells Fargo Securities, LLC | $16.1M | 6.92% |
| BNY Mellon Capital Markets, LLC | $12.8M | 5.48% |
| Nomura Securities International, Inc. | $12.7M | 5.46% |
| TD Securities (USA) LLC | $12.5M | 5.36% |
| Citigroup Global Markets Inc. | $11.7M | 5.01% |
| J.P. Morgan Securities LLC | $6.7M | 2.86% |
| Santander Securities LLC | $5.7M | 2.43% |
Federated Hermes Total Return Government Bond Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FTGLX | Class R6 | 0.32% | none |
| FTRGX | Institutional Shares | 0.33% | none |
| FTGSX | Service Shares | 0.67% | 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.