GTSXX Fees and Costs — Federated Hermes Government Obligations Tax-Managed Fund, Service Shares
Data updated: 2026-10-09
The net expense ratio is 0.45%: a 0.15% management fee plus 0.34% other expenses, less a 0.04% fee waiver. There are no sales loads or redemption fees.
GTSXX Fees and Expenses
Annual operating expenses and sales charges of GTSXX. Prospectus, as of July 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.15% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.34% |
| Gross expense ratio | 0.49% |
| Fee waiver | −0.04% |
| Net expense ratio | 0.45% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| 7-day yield | 4.33% |
GTSXX Costs Over Time
On $10,000 invested in GTSXX, assuming 5% a year before costs, total costs come to $285 over 5 years, cutting the return by 0.47% 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 0.45%) | $47 | $148 | $259 |
| Lost growth on money paid in costs | $0 | $7 | $26 |
| Total costs | $47 | $156 | $285 |
| Value after costs | $10,453 | $11,421 | $12,478 |
| Impact on return, per year | 0.47% | 0.47% | 0.47% |
GTSXX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $46.9B
- Portfolio turnover (prospectus): —
GTSXX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Academy Securities, Inc. | $21.0B | 42.15% |
| BMO Capital Markets Corp. | $11.7B | 23.57% |
| Jefferies LLC | $4.3B | 8.71% |
| Nomura Securities International, Inc. | $2.4B | 4.92% |
| BofA Securities, Inc. | $2.2B | 4.37% |
| Citigroup Global Markets Inc. | $2.0B | 4.00% |
| R. Seelaus & Co., LLC | $1.9B | 3.75% |
| Barclays Capital Inc | $1.7B | 3.36% |
| Wells Fargo Securities, LLC | $1.4B | 2.80% |
| Deutsche Bank Securities, Inc. | $1.2B | 2.38% |
Federated Hermes Government Obligations Tax-Managed Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| GOTXX | Institutional Shares | 0.20% | none |
| GTSXX | Service Shares | 0.45% | none |
| GOAXX | Automated Shares | 0.55% | 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.