Morningstar

Federated Hermes Municipal Bond Fund Class C Shares LMSCX

Morningstar Medalist Rating
Medalist Rating as of | See Federated Hermes Investment Hub
  • NAV / 1-Day Return 9.55  /  +0.10 %
  • Total Assets 209.3M
  • Adj. Expense Ratio
    1.580%
  • Expense Ratio 1.580%
  • Distribution Fee Level Above Average
  • Share Class Type Level Load
  • Category Muni National Long
  • Credit Quality / Interest Rate Sensitivity Medium/Extensive
  • Min. Initial Investment 1,500
  • Status Open
  • TTM Yield 2.67%
  • Effective Duration 9.10 years

USD | NAV as of Jun 16, 2026 | 1-Day Return as of Jun 16, 2026, 12:11 AM GMT+0

Morningstar’s Analysis LMSCX

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

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Federated Hermes Municipal Bond C holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings LMSCX

More LMSCX Holdings
  • 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

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