Federated Hermes Municipal Bond F 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.
Federated Hermes Municipal Bond Fund Class F Shares LMFFX
- NAV / 1-Day Return 9.55 / +0.10 %
- Total Assets 209.3M
-
Adj. Expense Ratio
0.830%
- Expense Ratio 0.830%
- Distribution Fee Level —
- Share Class Type —
- Category Muni National Long
- Credit Quality / Interest Rate Sensitivity Medium/Extensive
- Min. Initial Investment 1,500
- Status Open
- TTM Yield 3.42%
- Effective Duration 9.10 years
USD | NAV as of Jun 17, 2026 | 1-Day Return as of Jun 17, 2026, 12:11 AM GMT+0
Morningstar’s Analysis LMFFX
Will LMFFX outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
The People Pillar is our evaluation of the LMFFX 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 LMFFX’s parent organization’s priorities and whether they’re in line with investors’ interests.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 14.3
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
PUBLIC FIN AUTH WIS HEALTH CARE SYS REV 2.55% | 1.61 | 3M | municipal |
ILLINOIS ST 5.25% | 1.48 | 3M | municipal |
SALT LAKE CITY UTAH ARPT REV 5.5% | 1.48 | 3M | municipal |
HUTTO TEX INDPT SCH DIST 5% | 1.45 | 3M | municipal |
LOUISIANA STAD & EXPOSITION DIST REV 5% | 1.44 | 3M | municipal |
MASSACHUSETTS ST TRANSN FD REV 5% | 1.44 | 3M | municipal |
INDIANAPOLIS IND LOC PUB IMPT BD BK 5.25% | 1.44 | 3M | municipal |
BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 3.07% | 1.40 | 3M | municipal |
MINNESOTA ST 5% | 1.29 | 3M | municipal |
BOSTON MASS 5% | 1.29 | 3M | municipal |
United States