LEISX Fees and Costs — Federated Hermes Strategic Dividend Growth Fund, Inc. f/k/a Federated Hermes Equity Income Fund, Inc., Institutional Shares
Data updated: 2026-07-27
The net expense ratio is 0.89%: a 0.60% management fee plus 0.30% other expenses, less a 0.01% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $545K in broker commissions, 0.0730% of average net assets, and portfolio turnover was 115%.
LEISX Fees and Expenses
Annual operating expenses and sales charges of LEISX. Prospectus, as of November 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.30% |
| Gross expense ratio | 0.90% |
| Fee waiver | −0.01% |
| Net expense ratio | 0.89% |
| 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 | Yes |
| Waived fees subject to recoupment | No |
LEISX Costs Over Time
On $10,000 invested in LEISX, assuming 5% a year before costs, total costs come to $603 over 5 years, cutting the return by 1.01% 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 0.89%) | $93 | $292 | $506 |
| Trading costs (broker commissions) | $8 | $24 | $42 |
| Lost growth on money paid in costs | $0 | $16 | $55 |
| Total costs | $101 | $331 | $603 |
| Value after costs | $10,399 | $11,245 | $12,160 |
| Impact on return, per year | 1.01% | 1.01% | 1.01% |
LEISX 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): 0.0730%
- Total broker commissions: $545K
- Bought from dealers (principal trades, not a cost): $390.3M
- Portfolio turnover (prospectus): 115%
- Securities lending: none during the year
LEISX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Barclays Capital Inc. | $127K | 29.32% |
| Nomura Securities International, Inc. | $120K | 27.75% |
| J.P. Morgan Securities LLC | $56K | 12.86% |
| Evercore Group L.L.C. | $25K | 5.65% |
| Wedbush Securities Inc. | $23K | 5.30% |
| TD Securities (USA) LLC | $19K | 4.27% |
| State Street Global Markets, LLC | $17K | 4.01% |
| Morgan Stanley & Co. LLC | $16K | 3.77% |
| KeyBanc Capital Markets Inc. | $16K | 3.61% |
| Raymond James & Associates, Inc. | $15K | 3.45% |
LEISX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Federated Securities Corp. | $390.3M | 100.00% |
Federated Hermes Strategic Dividend Growth Fund, Inc. f/k/a Federated Hermes Equity Income Fund, Inc. Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| LEISX | Institutional Shares | 0.89% | none |
| LEIFX | Class A | 1.12% | 5.50% |
| FDERX | Class R | 1.36% | none |
| LFEIX | Class F | 1.38% | 1.00% |
| LEICX | Class C | 1.90% | 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.