FUSGX Fees and Costs — Federated Hermes Fund for U.S. Government Securities, Class A
Data updated: 2026-08-25
The net expense ratio is 0.97%: a 0.46% management fee plus 0.91% other expenses, less a 0.40% fee waiver. This share class carries a maximum front-end sales load of 4.50%. In fiscal 2026 the fund paid $911 in broker commissions, 0.0010% of average net assets, and portfolio turnover was 211%.
FUSGX Fees and Expenses
Annual operating expenses and sales charges of FUSGX. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.46% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.91% |
| Gross expense ratio | 1.37% |
| Fee waiver | −0.40% |
| Net expense ratio | 0.97% |
| Sales charges | |
|---|---|
| Max front load | 4.50% |
| 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 |
FUSGX Costs Over Time
On $10,000 invested in FUSGX, assuming 5% a year before costs, total costs come to $1,155 over 5 years, cutting the return by 1.97% 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 0.97%) | $97 | $304 | $527 |
| Trading costs (broker commissions) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $22 | $86 | $178 |
| Total costs | $570 | $840 | $1,155 |
| Value after costs | $9,930 | $10,736 | $11,608 |
| Impact on return, per year | 5.70% | 2.60% | 1.97% |
FUSGX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0010%
- Total broker commissions: $911
- Bought from dealers (principal trades, not a cost): $476.3M
- Portfolio turnover (prospectus): 211%
- Securities lending: none during the year
FUSGX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Wells Fargo Securities, LLC | $911 | 100.00% |
FUSGX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Wells Fargo Securities, LLC | $255.7M | 54.31% |
| Federated Securities Corp. | $59.2M | 12.57% |
| Citigroup Global Markets Inc. | $51.7M | 10.98% |
| Barclays Capital Inc. | $49.2M | 10.44% |
| BNY Mellon Capital Markets, LLC | $25.0M | 5.32% |
| J.P. Morgan Securities LLC | $11.2M | 2.38% |
| Nomura Securities International, Inc. | $6.4M | 1.35% |
| BofA Securities, Inc. | $6.1M | 1.29% |
| Santander Securities LLC | $3.3M | 0.69% |
| Morgan Stanley & Co. LLC | $3.2M | 0.67% |
Federated Hermes Fund for U.S. Government Securities Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FCBRX | Institutional Shares | 0.72% | none |
| FUSGX | Class A | 0.97% | 4.50% |
| FUSCX | Class C | 1.72% | 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.