Federated Hermes Intermediate Municipal Fund Institutional Shares FIMYX
Strategy
The investment seeks to provide current income exempt from federal regular income tax. The fund pursues its objective by investing its assets so that, normally distributions of annual interest income are exempt from federal regular income tax. At least 75% of its portfolio securities will be investment grade or of comparable quality. The fund's Adviser expects that, normally, up to 15% of the fund's total assets may be invested in securities rated below investment grade. The fund's average weighted maturity is not less than three nor more than ten years.
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Ticker
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Name
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Share Class Type
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Investment Status
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Morningstar Rating for Funds
Overall
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Medalist Rating
Overall
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Inception Date
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Total Net Assets for Share Class
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Adjusted Expense Ratio
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Fee Level
Distribution
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Minimum Initial Investment
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1-Year Net Flow
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FIMYX
| Federated Hermes Intermediate Municipal Fund Institutional Shares | Institutional | Open | $154.08M | 0.450% | Below Average | $1M | $5.01M | |||
FIMTX
| Federated Hermes Intermediate Municipal Fund A Shares | Front Load | Open | $30.09M | 0.700% | Below Average | $1,500 | −$223,841.47 |