Morningstar

Federated Hermes Muni and Stock Advantage Fund Institutional Shares FMUIX

Morningstar Medalist Rating
Medalist Rating as of | See Federated Hermes Investment Hub
  • NAV / 1-Day Return 17.03  /  +0.41 %
  • Total Assets 1.5B
  • Adj. Expense Ratio
    0.740%
  • Expense Ratio 0.740%
  • Distribution Fee Level Above Average
  • Share Class Type Institutional
  • Category Moderately Conservative Allocation
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity Medium/Extensive
  • Status Open
  • TTM Yield 2.04%
  • Turnover 31%

USD | NAV as of Aug 08, 2026 | 1-Day Return as of Aug 08, 2026, 12:45 AM GMT+0

Morningstar’s Analysis FMUIX

Will FMUIX outperform in the future?

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

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FMUIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FMUIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FMUIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Federated Hermes Muni and Stock Adv IS holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings FMUIX

More FMUIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 16.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Alphabet Inc Class A

2.80 41M
Communication Services

Apple Inc

2.05 30M
Technology

Broadcom Inc

1.97 29M
Technology

Applied Materials Inc

1.45 21M
Technology

NVIDIA Corp

1.40 20M
Technology

Micron Technology Inc

1.33 19M
Technology

Eli Lilly and Co

1.33 19M
Healthcare

Advanced Micro Devices Inc

1.28 19M
Technology

Microsoft Corp

1.28 19M
Technology

Amazon.com Inc

1.26 18M
Consumer Cyclical

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