PTSXX Fees and Costs — Federated Hermes Prime Cash Obligations Fund, Cash Series Shares
Data updated: 2026-10-09
The net expense ratio is 1.05%: a 0.15% management fee, a 0.60% 12b-1 fee plus 0.43% other expenses, less a 0.13% fee waiver. There are no sales loads or redemption fees.
PTSXX Fees and Expenses
Annual operating expenses and sales charges of PTSXX. Prospectus, as of July 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.15% |
| 12b-1 fee | 0.60% |
| Other expenses | 0.43% |
| Gross expense ratio | 1.18% |
| Fee waiver | −0.13% |
| Net expense ratio | 1.05% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| 7-day yield | 4.43% |
PTSXX Costs Over Time
On $10,000 invested in PTSXX, assuming 5% a year before costs, total costs come to $656 over 5 years, cutting the return by 1.10% 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 1.05%) | $110 | $344 | $596 |
| Lost growth on money paid in costs | $0 | $17 | $60 |
| Total costs | $110 | $361 | $656 |
| Value after costs | $10,390 | $11,215 | $12,107 |
| Impact on return, per year | 1.10% | 1.10% | 1.10% |
PTSXX 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): $9.91T
- Portfolio turnover (prospectus): —
PTSXX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| TP ICAP Markets Limited | $940.7B | 26.88% |
| J. M. Lummis & Company, Inc. | $421.6B | 12.05% |
| J.P. Morgan Securities LLC | $380.6B | 10.88% |
| Mizuho Securities USA LLC | $328.0B | 9.37% |
| MUFG Securities Americas Inc. | $291.7B | 8.34% |
| BNP Paribas Securities Corp. | $268.2B | 7.66% |
| Federal Reserve Bank of New York | $251.0B | 7.17% |
| Tradition Securities and Futures | $250.3B | 7.15% |
| SG Americas Securities, LLC | $222.7B | 6.36% |
| BMO Capital Markets Corp. | $144.8B | 4.14% |
Federated Hermes Prime Cash Obligations Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| PCOXX | Wealth Shares | 0.20% | none |
| PCVXX | Advisor Shares | 0.20% | none |
| PCCXX | Capital Shares | 0.30% | none |
| PRCXX | Service Shares | 0.45% | none |
| PTAXX | Automated Shares | 0.50% | none |
| PTTXX | Trust Shares | 0.70% | none |
| PCDXX | Cash II Shares | 0.90% | none |
| PTSXX | Cash Series Shares | 1.05% | none |
| PTRXX | Class R | 1.15% | 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.