Federated Hermes announced that Linda Bakhshian departed the company on June 1, 2023, stepping down from her roles as head of the multi-asset group and portfolio manager. Bakhshian was listed as a portfolio manager on Federated Hermes Muni and Stock Advantage beginning Nov. 30, 2009. Michael Jura, who has been listed as a portfolio manager for Muni and Stock Advantage since Dec. 31, 2020, stepped into the leading role. He was joined by newly listed portfolio managers Stephen Gutch and Steven Chiavarone.
- NAV / 1-Day Return 13.00 / 0.15 %
- Total Assets 623.5 Mil
-
Adj. Expense Ratio
1.000%
- Expense Ratio 1.000%
- Distribution Fee Level Average
- Share Class Type Front Load
- Category Moderately Conservative Allocation
- Investment Style Large Blend
- Credit Quality / Interest Rate Sensitivity Medium / Extensive
- Status Open
- TTM Yield 2.48%
- Turnover 67%
Morningstar’s Analysis FMUAX
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Process Pillar
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings 108
- Bond Holdings 323
- Other Holdings 1
- % Assets in Top 10 Holdings 11.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector
US Treasury Bond Future Sept 23
0.96
13,325,156
Government
PUERTO RICO SALES TAX FING CORP SALES TAX REV 5%
0.91
12,673,294
municipal