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.
- NAV / 1-Day Return 9.88 / 0.00 %
- Total Assets 556.3 Mil
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Adj. Expense Ratio
- 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.