QKBGX Fees and Costs — Federated Hermes MDT Balanced Fund, Class R6
Data updated: 2026-10-09
The net expense ratio is 1.01%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $46K in broker commissions, 0.0147% of average net assets, and portfolio turnover was 63%.
QKBGX Fees and Expenses
Annual operating expenses and sales charges of QKBGX. Prospectus, as of July 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.24% |
| Gross expense ratio | 1.01% |
| Fee waiver | — |
| Net expense ratio | 1.01% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
QKBGX Costs Over Time
On $10,000 invested in QKBGX, assuming 5% a year before costs, total costs come to $641 over 5 years, cutting the return by 1.08% 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 1.01%) | $106 | $331 | $574 |
| Trading costs (broker commissions) | $2 | $5 | $8 |
| Lost growth on money paid in costs | $0 | $17 | $59 |
| Total costs | $108 | $352 | $641 |
| Value after costs | $10,392 | $11,224 | $12,122 |
| Impact on return, per year | 1.08% | 1.08% | 1.08% |
QKBGX 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): 0.0147%
- Total broker commissions: $46K
- Bought from dealers (principal trades, not a cost): $231.5M
- Portfolio turnover (prospectus): 63%
QKBGX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Nomura Securities International, Inc. | $8K | 18.24% |
| Jefferies LLC | $7K | 14.96% |
| Evercore Group L.L.C. | $6K | 13.28% |
| Citigroup Global Markets Inc. | $5K | 10.29% |
| Wells Fargo Securities, LLC | $4K | 9.51% |
| JonesTrading | $4K | 7.99% |
| Barclays Capital Inc. | $3K | 7.35% |
| Goldman Sachs & Co. LLC | $3K | 6.17% |
| Piper Sandler & Co. | $3K | 6.11% |
| Virtu Americas LLC | $3K | 6.10% |
QKBGX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $79.2M | 53.32% |
| Federated Securities Corp. | $30.1M | 20.28% |
| Deutsche Bank Securities Inc. | $9.0M | 6.03% |
| BMO Capital Markets Corp. | $8.8M | 5.95% |
| Morgan Stanley & Co. LLC | $5.6M | 3.77% |
| J.P. Morgan Securities LLC | $5.3M | 3.59% |
| Citadel Securities LLC | $3.4M | 2.28% |
| Wells Fargo Securities, LLC | $2.9M | 1.94% |
| Nomura Securities International, Inc. | $2.2M | 1.50% |
| BofA Securities, Inc. | $2.0M | 1.34% |
Federated Hermes MDT Balanced Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| QKBGX | Class R6 | 1.01% | none |
| QIBGX | Institutional Shares | 1.08% | none |
| QABGX | Class A | 1.31% | 4.50% |
| QCBGX | Class C | 2.08% | 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.