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
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Adj. Expense Ratio
- 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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Parent Pillar
- Current Portfolio Date
- Equity Holdings 108
- Bond Holdings 323
- Other Holdings 1
- % Assets in Top 10 Holdings 11.5