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Federated Hermes Municipal HY Adv A FMOAX

Medalist Rating as of | See Federated Hermes Investment Hub
  • NAV / 1-Day Return 8.10  /  +0.75 %
  • Total Assets 474.1 Mil
  • Adj. Expense Ratio
    0.890%
  • Expense Ratio 0.890%
  • Distribution Fee Level Above Average
  • Share Class Type Front Load
  • Category High Yield Muni
  • Credit Quality / Interest Rate Sensitivity
  • Min. Initial Investment 1,500
  • Status Open
  • TTM Yield 3.88%
  • Effective Duration 8.50 years

USD | NAV as of Jun 12, 2024 | 1-Day Return as of Jun 12, 2024, 10:16 PM GMT+0

Morningstar’s Analysis FMOAX

Will FMOAX outperform in future?

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

Federated Hermes Municipal HY Adv A's Average People Pillar and Process Pillar ratings result in a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

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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Portfolio Holdings FMOAX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 14.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

PUERTO RICO SALES TAX FING CORP SALES TAX REV 5%

3.17 15.4 Mil
municipal

BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5%

2.07 10.0 Mil
municipal

SEATTLE WASH MUN LT & PWR REV 4%

2.01 9.8 Mil
municipal

ILLINOIS ST 5%

1.75 8.5 Mil
municipal

PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.784%

1.23 6.0 Mil
municipal

COLORADO HEALTH FACS AUTH REV 4%

0.98 4.8 Mil
municipal

TOBACCO SETTLEMENT FING CORP N J 5%

0.90 4.4 Mil
municipal

NORTHAMPTON CNTY PA GEN PURP AUTH HOSP REV 5.25%

0.89 4.3 Mil
municipal

TOBACCO SETTLEMENT FING CORP VA 5%

0.83 4.0 Mil
municipal

J P MORGAN CHASE PUTTERS / DRIVERS TR VAR STS 5%

0.82 4.0 Mil
municipal