QAACX Fees and Costs — Federated Hermes MDT All Cap Core Fund, Class A
Data updated: 2026-10-09
The net expense ratio is 1.05%: a 0.70% management fee plus 0.46% other expenses, less a 0.11% fee waiver. This share class carries a maximum front-end sales load of 5.50%. In fiscal 2026 the fund paid $354K in broker commissions, 0.0113% of average net assets, and portfolio turnover was 71%.
QAACX Fees and Expenses
Annual operating expenses and sales charges of QAACX. Prospectus, as of July 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.70% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.46% |
| Gross expense ratio | 1.16% |
| Fee waiver | −0.11% |
| Net expense ratio | 1.05% |
| Sales charges | |
|---|---|
| Max front load | 5.50% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
QAACX Costs Over Time
On $10,000 invested in QAACX, assuming 5% a year before costs, total costs come to $1,329 over 5 years, cutting the return by 2.28% 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 | $550 | $550 | $550 |
| Fund expenses (net expense ratio 1.05%) | $104 | $325 | $563 |
| Trading costs (broker commissions) | $1 | $3 | $6 |
| Lost growth on money paid in costs | $28 | $103 | $209 |
| Total costs | $683 | $981 | $1,329 |
| Value after costs | $9,817 | $10,595 | $11,434 |
| Impact on return, per year | 6.83% | 3.05% | 2.28% |
QAACX 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): 0.0113%
- Total broker commissions: $354K
- Bought from dealers (principal trades, not a cost): $1.9B
- Portfolio turnover (prospectus): 71%
QAACX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Jefferies LLC | $37K | 23.69% |
| Nomura Securities International, Inc. | $26K | 16.89% |
| Citigroup Global Markets Inc. | $26K | 16.44% |
| JonesTrading | $23K | 14.96% |
| Virtu Americas LLC | $19K | 12.44% |
| Goldman Sachs & Co. LLC | $18K | 11.80% |
| Tigress Financial Partners, LLC | $6K | 3.78% |
QAACX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $257.7M | 66.95% |
| Federated Securities Corp. | $119.8M | 31.12% |
| Jefferies LLC | $7.4M | 1.92% |
Federated Hermes MDT All Cap Core Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| QKACX | Class R6 | 0.74% | none |
| QIACX | Institutional Shares | 0.75% | none |
| QAACX | Class A | 1.05% | 5.50% |
| QCACX | Class C | 1.84% | 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.