Expense Ratio History

FGERX expense ratio history

Federated Hermes Global Equity Fund, Class R6 Shares

Fund company
Federated Hermes
Type
Mutual fund

2.21%

In basis points
221 basis points
Yearly cost per $10,000
$221
Prospectus dated
31 January 2024, filed with the SEC; rounded to 0.01%
Last change
Cut from 2.31% on 31 January 2024

Fee over time

FGERX expense ratio: 1.05% until 31 Jan 2020, then 5.62%; 5.62% until 31 Jan 2021, then 5.76%; 5.76% until 1 Dec 2022, then 2.49%; 2.49% until 31 Jan 2023, then 2.31%; 2.31% until 31 Jan 2024, then 2.21%; read at 2.21% on 31 Jan 2024.0.00%2.00%4.00%6.00%8.00%Mar 2019Feb 2020Jan 2021Dec 2021Nov 2022Oct 20231.05% before2.21% from 31 Jan 2024
FGERX expense ratio: 1.05% until 31 Jan 2020, then 5.62%; 5.62% until 31 Jan 2021, then 5.76%; 5.76% until 1 Dec 2022, then 2.49%; 2.49% until 31 Jan 2023, then 2.31%; 2.31% until 31 Jan 2024, then 2.21%; read at 2.21% on 31 Jan 2024.0.00%2.00%4.00%6.00%8.00%Mar 2019Dec 2020Sep 20221.05% before2.21% from 31 Jan 2024
Solid line: the fee in effect after each recorded change. Dashed: the fee before it. Dots: prospectuses filed with the SEC and dates we read the fee from a source.

Share classes

The same fund is sold as 4 share classes, each with its own fee. Figures are from each class's latest prospectus in SEC filings, rounded to 0.01%.

TickerShare classFeeAfter waiversProspectus dated
— Class C Shares 4.48% 1.74% 31 Jan 2023
FGERX (this page) Class R6 Shares 2.21% 0.69% 31 Jan 2024
FHGIX Institutional Shares 2.27% 0.74% 31 Jan 2024
— Class A Shares 3.73% 0.99% 31 Jan 2023

Every figure we've recorded

DateFeeWhat happened
31 Jan 2024 2.21% In the prospectusTotal annual fund operating expenses in the prospectus dated 2024-01-31 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
31 Jan 2024 2.21% Cut from 2.31% to 2.21%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2024-01-29
31 Jan 2023 2.31% In the prospectusTotal annual fund operating expenses in the prospectus dated 2023-01-31 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
31 Jan 2023 2.31% Cut from 2.49% to 2.31%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2023-01-25
1 Dec 2022 2.49% In the prospectusTotal annual fund operating expenses in the prospectus dated 2022-12-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Dec 2022 2.49% Cut from 5.76% to 2.49%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2022-01-26
29 Jul 2021 5.76% In the prospectusTotal annual fund operating expenses in the prospectus dated 2021-07-29 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
11 Jun 2021 5.76% In the prospectusTotal annual fund operating expenses in the prospectus dated 2021-06-11 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
31 Jan 2021 5.76% In the prospectusTotal annual fund operating expenses in the prospectus dated 2021-01-31 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
31 Jan 2021 5.76% Raised from 5.62% to 5.76%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2021-01-28
31 Jan 2020 5.62% In the prospectusTotal annual fund operating expenses in the prospectus dated 2020-01-31 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
31 Jan 2020 5.62% Raised from 1.05% to 5.62%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2020-02-11
24 Apr 2019 1.05% In the prospectusTotal annual fund operating expenses in the prospectus dated 2019-04-24 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
15 Mar 2019 1.05% In the prospectusTotal annual fund operating expenses in the prospectus dated 2019-03-15 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS

What this fee costs

Change the amount, years or return. The estimate keeps the fee at 2.21% and the return steady each year, the same assumptions as the cost example in a fund's prospectus.

$2,565 in fees over 10 years

After fees, $10,000 grows to $13,097.

Fees paid on $10,000 at 5% a year
AfterFees paid
1 year$227
3 years$698
5 years$1,196
10 years$2,565

How we read this figure

The figure is the total annual fund operating expenses line of the fee table in the fund's prospectus, as tagged in the fund company's filing with the SEC. The SEC publishes these figures rounded to four decimal places, so 0.015% appears as 0.02%. The fund company's own page may show a more precise number.

SEC filings give 9 prospectuses for this share class since 2019. Each one is listed above with a link to the filing.

How we read fees

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