FTRB Fees and Costs — Federated Hermes Total Return Bond ETF
Data updated: 2026-09-10
The net expense ratio is 0.39% (0.50% before fee waivers). There are no sales loads or redemption fees. In fiscal 2026 the fund paid $109K in broker commissions, 0.0267% of average net assets, and portfolio turnover was 76%.
FTRB Fees and Expenses
Annual operating expenses and sales charges of FTRB. Prospectus, as of June 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.47% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.01% |
| Gross expense ratio | 0.50% |
| Fee waiver | −0.11% |
| Net expense ratio | 0.39% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
FTRB Costs Over Time
On $10,000 invested in FTRB, assuming 5% a year before costs, total costs come to $264 over 5 years, cutting the return by 0.44% 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 0.39%) | $41 | $129 | $224 |
| Trading costs (broker commissions) | $3 | $9 | $15 |
| Lost growth on money paid in costs | $0 | $7 | $24 |
| Total costs | $44 | $144 | $264 |
| Value after costs | $10,456 | $11,432 | $12,499 |
| Impact on return, per year | 0.44% | 0.44% | 0.44% |
FTRB Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0267%
- Total broker commissions: $109K
- Bought from dealers (principal trades, not a cost): $1.6B
- Portfolio turnover (prospectus): 76%
- Securities lending: none during the year
FTRB Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Wells Fargo Securities, LLC | $90K | 82.20% |
| Jane Street Execution Services, LLC | $17K | 15.21% |
| J.P. Morgan Securities LLC | $2K | 1.59% |
| Nomura Securities International, Inc. | $1K | 0.99% |
FTRB Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Federated Securities Corp. | $374.3M | 24.99% |
| J.P. Morgan Securities LLC | $238.9M | 15.95% |
| Goldman Sachs & Co. LLC | $220.7M | 14.73% |
| BofA Securities, Inc. | $199.3M | 13.31% |
| Barclays Capital Inc. | $151.0M | 10.09% |
| TD Securities (USA) LLC | $85.6M | 5.71% |
| Citadel Securities LLC | $68.3M | 4.56% |
| BMO Capital Markets Corp. | $58.9M | 3.94% |
| Nomura Securities International, Inc. | $53.2M | 3.55% |
| Citigroup Global Markets Inc. | $47.5M | 3.17% |
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.