The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.
Federated Hermes Municipal Ultrashort A FMUUX
- NAV / 1-Day Return 9.94 / +0.01 %
- Total Assets 1.1 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.510%
- Distribution Fee Level Average
- 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 2.97%
- Effective Duration 0.70 years
USD | NAV as of Apr 26, 2024 | 1-Day Return as of Apr 26, 2024, 11:56 AM GMT+0
Morningstar’s Analysis FMUUX
Will FMUUX 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 17.5
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
J P MORGAN CHASE PUTTERS / DRIVERS TR VAR STS 5% | 4.51 | 50.2 Mil | municipal |
MOBILE ALA INDL DEV BRD POLLUTN CTL REV 3.92% | 2.25 | 25.1 Mil | municipal |
BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 3.8% | 2.22 | 24.7 Mil | municipal |
J P MORGAN CHASE PUTTERS / DRIVERS TR VAR STS 5% | 2.17 | 24.1 Mil | municipal |
PORT PORT ARTHUR TEX NAV DIST ENVIRONMENTAL FACS REV 3.8% | 2.17 | 24.1 Mil | municipal |
KNOTT CNTY KY INDL BLDG REV 4% | 1.79 | 20.0 Mil | municipal |
NUVEEN AMT-FREE MUN CR INCOME FD 4.09% | 1.69 | 18.8 Mil | municipal |
LANCASTER PORT AUTH OHIO GAS SUPPLY REV 5% | 1.67 | 18.6 Mil | municipal |
NUVEEN CALIF AMT FREE MUNICIPAL INCOME FD 4.09% | 1.55 | 17.3 Mil | municipal |
DEUTSCHE BK SPEARS/LIFERS SER DBE-7001 TR 3.85% | 1.51 | 16.8 Mil | municipal |