Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.
Federated Hermes Municipal HY Adv F FHTFX
- NAV / 1-Day Return 8.07 / 0.00
- Total Assets 486.1 Mil
-
Adj. Expense Ratio
- 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 3.83%
- Effective Duration 9.00 years
USD | NAV as of Mar 27, 2024 | 1-Day Return as of Mar 27, 2024, 10:15 PM GMT+0
Morningstar’s Analysis FHTFX
Will FHTFX 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 15.3
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
PUERTO RICO SALES TAX FING CORP SALES TAX REV 5% | 3.29 | 15.4 Mil | municipal |
SEATTLE WASH MUN LT & PWR REV 4% | 2.15 | 10.0 Mil | municipal |
BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% | 2.13 | 10.0 Mil | municipal |
ILLINOIS ST 5% | 1.83 | 8.6 Mil | municipal |
PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.784% | 1.26 | 5.9 Mil | municipal |
CALIFORNIA HEALTH FACS FING AUTH REV 5% | 1.05 | 4.9 Mil | municipal |
COLORADO HEALTH FACS AUTH REV 4% | 1.01 | 4.7 Mil | municipal |
TOBACCO SETTLEMENT FING CORP N J 5% | 0.93 | 4.4 Mil | municipal |
TOBACCO SETTLEMENT FING CORP VA 5% | 0.86 | 4.0 Mil | municipal |
CHICAGO ILL BRD ED 7% | 0.76 | 3.6 Mil | municipal |