Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.
Federated Hermes Municipal Bond A LMSFX
- NAV / 1-Day Return 9.54 / 0.00
- Total Assets 254.8 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.830%
- Distribution Fee Level Above Average
- Share Class Type Front Load
- Category Muni National Long
- Credit Quality / Interest Rate Sensitivity Medium/Extensive
- Min. Initial Investment 1,500
- Status Open
- TTM Yield 2.74%
- Effective Duration 8.70 years
USD | NAV as of Apr 17, 2024 | 1-Day Return as of Apr 17, 2024, 10:17 PM GMT+0
Morningstar’s Analysis LMSFX
Will LMSFX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 13.5
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
PUERTO RICO SALES TAX FING CORP SALES TAX REV 5% | 1.96 | 5.0 Mil | municipal |
MINNESOTA ST 5% | 1.38 | 3.5 Mil | municipal |
AUSTIN TEX ELEC UTIL SYS REV 5% | 1.34 | 3.4 Mil | municipal |
NEW YORK N Y 5% | 1.31 | 3.3 Mil | municipal |
SEATTLE WASH MUN LT & PWR REV 4% | 1.28 | 3.3 Mil | municipal |
HUTTO TEX INDPT SCH DIST 5% | 1.28 | 3.3 Mil | municipal |
LOUISIANA STAD & EXPOSITION DIST REV 5% | 1.26 | 3.2 Mil | municipal |
INDIANAPOLIS IND LOC PUB IMPT BD BK 5.25% | 1.26 | 3.2 Mil | municipal |
MASSACHUSETTS ST TRANSN FD REV 5% | 1.25 | 3.2 Mil | municipal |
J P MORGAN CHASE PUTTERS / DRIVERS TR VAR STS 5% | 1.25 | 3.2 Mil | municipal |