HOSBX Fees and Costs — Short-Term Bond Fund
Data updated: 2026-08-04
The net expense ratio is 0.76%: a 0.60% management fee plus 0.16% other expenses. There are no sales loads or redemption fees. Portfolio turnover was 31%.
HOSBX Fees and Expenses
Annual operating expenses and sales charges of HOSBX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | — |
| Other expenses | 0.16% |
| Gross expense ratio | 0.76% |
| Fee waiver | — |
| Net expense ratio | 0.76% |
| 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 | No |
| Waived fees subject to recoupment | No |
HOSBX Costs Over Time
On $10,000 invested in HOSBX, assuming 5% a year before costs, total costs come to $478 over 5 years, cutting the return by 0.80% 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 0.76%) | $80 | $250 | $434 |
| Lost growth on money paid in costs | $0 | $12 | $44 |
| Total costs | $80 | $262 | $478 |
| Value after costs | $10,420 | $11,314 | $12,285 |
| Impact on return, per year | 0.80% | 0.80% | 0.80% |
HOSBX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $2.8B
- Portfolio turnover (prospectus): 31%
- Securities lending: none during the year
HOSBX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $608.5M | 22.71% |
| Wells Fargo Securities, LLC | $481.5M | 17.97% |
| Barclays Capital Inc. | $368.2M | 13.74% |
| Goldman Sachs & Co. LLC | $291.2M | 10.87% |
| J.P. Morgan Securities LLC | $250.9M | 9.37% |
| BofA Securities, Inc. | $220.8M | 8.24% |
| Citigroup Global Markets Inc. | $203.8M | 7.61% |
| RBC Capital Markets, LLC | $136.0M | 5.08% |
| Morgan Stanley & Co. LLC | $72.1M | 2.69% |
| SMBC Nikko Securities America, Inc. | $46.3M | 1.73% |
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.