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Morningstar

Federated Hermes Muni and Stock Adv IS FMUIX

Morningstar Medalist Rating
Medalist Rating as of | See Federated Hermes Investment Hub
  • NAV / 1-Day Return 14.09  /  −0.07 %
  • 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 2.57%
  • Turnover 36%

USD | NAV as of Apr 24, 2024 | 1-Day Return as of Apr 24, 2024, 10:18 PM GMT+0

Morningstar’s Analysis FMUIX

Will FMUIX outperform in 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.

Strength in Federated Hermes Muni and Stock Adv IS's Process Pillar is partially offset by an Average People Pillar rating, leading to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
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 12.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Microsoft Corp

2.32 32.2 Mil
Technology

Alphabet Inc Class A

1.81 25.0 Mil
Communication Services

Apple Inc

1.63 22.6 Mil
Technology

PUERTO RICO SALES TAX FING CORP SALES TAX REV 5%

1.17 16.2 Mil
municipal

JPMorgan Chase & Co

1.13 15.7 Mil
Financial Services

Amazon.com Inc

1.12 15.5 Mil
Consumer Cyclical

Eli Lilly and Co

1.08 15.0 Mil
Healthcare

Exxon Mobil Corp

1.00 13.9 Mil
Energy

Broadcom Inc

0.86 11.9 Mil
Technology

CenterPoint Energy Inc

0.80 11.1 Mil
Utilities