Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers.
Federated Hermes Short-Interm Muni A FMTAX
- NAV / 1-Day Return 9.87 / +0.11 %
- Total Assets 382.4 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.720%
- Distribution Fee Level High
- Share Class Type No Load
- Category Muni National Short
- Credit Quality / Interest Rate Sensitivity Medium/Limited
- Min. Initial Investment 1,500
- Status Open
- TTM Yield 2.33%
- Effective Duration 2.70 years
USD | NAV as of May 02, 2024 | 1-Day Return as of May 02, 2024, 11:57 AM GMT+0
Morningstar’s Analysis FMTAX
Will FMTAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 19.9
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
LANCASTER PORT AUTH OHIO GAS SUPPLY REV 5% | 2.84 | 11.1 Mil | municipal |
NEW JERSEY ECONOMIC DEV AUTH REV 4.7% | 2.57 | 10.0 Mil | municipal |
CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV 1.21667% | 2.29 | 9.0 Mil | municipal |
J P MORGAN CHASE PUTTERS / DRIVERS TR VAR STS 5% | 2.23 | 8.7 Mil | municipal |
MEADE CNTY KY INDL BLDG REV 5.16% | 2.10 | 8.2 Mil | municipal |
COLUMBIA ALA INDL DEV BRD POLLUTN CTL REV 3.81% | 1.78 | 7.0 Mil | municipal |
ILLINOIS ST 5% | 1.74 | 6.8 Mil | municipal |
ST JOHN BAPTIST PARISH LA REV 2.375% | 1.72 | 6.7 Mil | municipal |
BLACK BELT ENERGY GAS DIST ALA GAS PREPAY REV 4% | 1.67 | 6.5 Mil | municipal |
PENNSYLVANIA ECONOMIC DEV FING AUTH SOLID WASTE DISP REV 2.15% | 1.65 | 6.4 Mil | municipal |