FTIIX Fees and Costs — Federated Hermes Global Total Return Bond Fund, Class A
Data updated: 2026-02-11
The net expense ratio is 1.04%: a 0.70% management fee, a 0.25% 12b-1 fee plus 2.26% other expenses, less a 2.18% fee waiver. This share class carries a maximum front-end sales load of 4.50%. Portfolio turnover was 19%.
FTIIX Fees and Expenses
Annual operating expenses and sales charges of FTIIX. Prospectus, as of January 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.70% |
| 12b-1 fee | 0.25% |
| Other expenses | 2.26% |
| Gross expense ratio | 3.22% |
| Fee waiver | −2.18% |
| Net expense ratio | 1.04% |
| Sales charges | |
|---|---|
| Max front load | 4.50% |
| 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 |
FTIIX Costs Over Time
On $10,000 invested in FTIIX, assuming 5% a year before costs, total costs come to $1,195 over 5 years, cutting the return by 2.04% 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 | $450 | $450 | $450 |
| Fund expenses (net expense ratio 1.04%) | $104 | $325 | $564 |
| Lost growth on money paid in costs | $23 | $87 | $181 |
| Total costs | $577 | $862 | $1,195 |
| Value after costs | $9,923 | $10,714 | $11,568 |
| Impact on return, per year | 5.77% | 2.67% | 2.04% |
FTIIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending November 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 19%
- Securities lending: none during the year
FTIIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Instinet, LLC | $115 | 100.00% |
FTIIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Federated Securities Corp | $14.5M | 68.10% |
| BMO Capital Markets | $1.4M | 6.39% |
| CLSA Americas, LLC | $1.1M | 5.30% |
| Deutsche Bank Securities, Inc. | $738K | 3.46% |
| UBS Securities LLC | $732K | 3.43% |
| MARKETAXESS CORPORATION | $662K | 3.10% |
| Citigroup Global Markets Inc. | $621K | 2.91% |
| Nomura Securities International, Inc. | $581K | 2.72% |
| Morgan Stanley & Co. LLC | $524K | 2.45% |
| Barclays Capital Inc. | $460K | 2.15% |
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.