Federated Hermes Muni and Stock Advantage has struggled to rebuild a team and process that can inspire confidence following a period of turnover and reorganization. All five share classes retain a Morningstar Analyst Rating of Negative.
- NAV / 1-Day Return 13.21 / 0.61 %
- Total Assets 1.4 Bil
-
Adj. Expense Ratio
0.750%
- Expense Ratio 0.750%
- 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 2.68%
- Turnover 67%
Morningstar’s Analysis FMUIX
Will FMUIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings 111
- Bond Holdings 333
- Other Holdings 1
- % Assets in Top 10 Holdings 10.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector
PUERTO RICO SALES TAX FING CORP SALES TAX REV 5%
1.34
18,833,438
municipal