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Federated Hermes Short-Interm Muni A FMTAX

Quantitative rating as of
  • NAV / 1-Day Return 9.88  /  0.00 %
  • Total Assets 556.3 Mil
  • Adj. Expense Ratio
    0.710%
  • Expense Ratio 0.720%
  • Distribution Fee Level High
  • Share Class Type No Load
  • Category Muni National Short
  • Credit Quality / Interest Rate Sensitivity Medium / Limited
  • Min. Initial Investment 1,500
  • Status Open
  • TTM Yield 1.10%
  • Effective Duration 1.80 years

Morningstar’s Analysis FMTAX

Will FMTAX outperform in future?

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

Summary

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Federated Hermes Short-Interm Muni A's Average Process and Parent pillars limit this strategy to a 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 most expensive quintile among peers.

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