TATXX Fees and Costs — Federated Hermes Trust for U.S. Treasury Obligations
Data updated: 2026-10-09
The net expense ratio is 0.50%: a 0.15% management fee plus 0.39% other expenses, less a 0.04% fee waiver. There are no sales loads or redemption fees.
TATXX Fees and Expenses
Annual operating expenses and sales charges of TATXX. Prospectus, as of July 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.15% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.39% |
| Gross expense ratio | 0.54% |
| Fee waiver | −0.04% |
| Net expense ratio | 0.50% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| 7-day yield | 4.08% |
TATXX Costs Over Time
On $10,000 invested in TATXX, assuming 5% a year before costs, total costs come to $316 over 5 years, cutting the return by 0.52% 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 0.50%) | $52 | $165 | $287 |
| Lost growth on money paid in costs | $0 | $8 | $29 |
| Total costs | $52 | $173 | $316 |
| Value after costs | $10,448 | $11,403 | $12,447 |
| Impact on return, per year | 0.52% | 0.52% | 0.52% |
TATXX 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): $1.39T
- Portfolio turnover (prospectus): —
TATXX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Federal Reserve Bank of New York | $325.0B | 23.82% |
| SMBC Nikko Securities America, Inc. | $314.0B | 23.01% |
| Standard Chartered Securities (North America) LLC | $247.1B | 18.11% |
| J.P. Morgan Securities LLC | $121.8B | 8.92% |
| Credit Agricole Securities (USA) Inc. | $82.3B | 6.03% |
| BofA Securities, Inc. | $80.6B | 5.91% |
| HSBC Securities (USA) Inc. | $52.4B | 3.84% |
| Barclays Capital Inc. | $51.6B | 3.78% |
| TD Securities (USA) LLC | $47.6B | 3.49% |
| CIBC World Markets Corp. | $42.3B | 3.10% |
Federated Hermes Trust for U.S. Treasury Obligations Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| TTOXX | Institutional Shares | 0.20% | none |
| TATXX | C000262483 | 0.50% | none |
| TTIXX | Cash II Shares | 0.90% | none |
| TCSXX | Cash Series Shares | 1.05% | none |
| TTQXX | Service Shares | — | — |
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.