Federated Hermes Municipal HY Adv F holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.
Federated Hermes Municipal High Yield Advantage Fund Class F Shares FHTFX
- NAV / 1-Day Return 8.11 / −0.12 %
- Total Assets 461.5M
-
Adj. Expense Ratio
0.890%
- Expense Ratio 0.890%
- Distribution Fee Level —
- Share Class Type —
- Category High Yield Muni
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 1,500
- Status Open
- TTM Yield 4.09%
- Effective Duration 8.90 years
USD | NAV as of Jun 06, 2026 | 1-Day Return as of Jun 06, 2026, 2:22 AM GMT+0
Morningstar’s Analysis FHTFX
Will FHTFX outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
The People Pillar is our evaluation of the FHTFX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of FHTFX’s parent organization’s priorities and whether they’re in line with investors’ interests.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 10.7
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
ILLINOIS ST 5% | 1.87 | 8M | municipal |
PUBLIC FIN AUTH WIS HEALTH CARE SYS REV 2.55% | 1.41 | 6M | municipal |
BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% | 1.39 | 6M | municipal |
NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 2.7% | 1.14 | 5M | municipal |
NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 5.25% | 0.95 | 4M | municipal |
PUERTO RICO COMWLTH AQUEDUCT & SWR AUTH REV 4% | 0.86 | 4M | municipal |
TOBACCO SETTLEMENT FING CORP N J 5% | 0.82 | 4M | municipal |
CHICAGO ILL 6% | 0.76 | 3M | municipal |
IOWA FIN AUTH MIDWESTERN DISASTER AREA REV 5% | 0.75 | 3M | municipal |
SALT VERDE FINL CORP GAS REV ARIZ 5% | 0.72 | 3M | municipal |
United States