Morningstar

Federated Hermes Short-Intermediate Duration Municipal Trust Institutional Shares FSHIX

Morningstar Medalist Rating
Medalist Rating as of | See Federated Hermes Investment Hub
  • NAV / 1-Day Return 10.07  /  0.00
  • Total Assets 393.1M
  • Adj. Expense Ratio
    0.400%
  • Expense Ratio 0.420%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Muni National Short
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 1M
  • Status Open
  • TTM Yield 2.90%
  • Effective Duration 2.20 years

USD | NAV as of Jun 13, 2026 | 1-Day Return as of Jun 13, 2026, 12:14 AM GMT+0

Morningstar’s Analysis FSHIX

Will FSHIX 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 FSHIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FSHIX 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 FSHIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Federated Hermes Short-Interm Muni 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 FSHIX

More FSHIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 18.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NUVEEN CALIF AMT FREE MUNICIPAL INCOME FD 2.87%

3.60 14M
municipal

CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV 1.2%

2.42 9M
municipal

WEST JEFFERSON ALA INDL DEV BRD SOLID WASTE DISP REV 3%

2.24 9M
municipal

COLUMBIA ALA INDL DEV BRD POLLUTN CTL REV 3.81%

1.81 7M
municipal

ILLINOIS ST 5%

1.68 7M
municipal

MAIN STR NAT GAS INC GA GAS SUPPLY REV 5%

1.52 6M
municipal

TENNERGY CORP TENN GAS REV 4%

1.42 6M
municipal

LOUISIANA ST OFFSHORE TERM AUTH DEEPWTR PORT REV 4.15%

1.40 5M
municipal

DALLAS FORT WORTH TEX INTL ARPT REV 5%

1.36 5M
municipal

MAIN STR NAT GAS INC GA GAS SUPPLY REV 5%

1.35 5M
municipal

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