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Federated Hermes Municipal HY Adv A FMOAX

Quantitative rating as of
  • NAV / 1-Day Return 8.09  /  0.12 %
  • Total Assets 483.2 Mil
  • Adj. Expense Ratio
    0.890%
  • Expense Ratio 0.890%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category High Yield Muni
  • Credit Quality / Interest Rate Sensitivity
  • Min. Initial Investment 1,500
  • Status Open
  • TTM Yield 3.64%
  • Effective Duration 9.60 years

Morningstar’s Analysis FMOAX

Will FMOAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Summary

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Federated Hermes Municipal HY Adv A's Average Process Pillar and People Pillar ratings hold this strategy's Morningstar Quantitative Rating of Neutral. 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.

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