Morningstar

Federated Hermes Municipal Bond Fund Class A Shares LMSFX

Medalist Rating as of Aug 31, 2026 See Federated Hermes Investment Hub

Strategy

The investment seeks a high level of current income which is exempt from federal regular income tax. The fund pursues its objective by investing its assets so that normally distributions of annual interest income are exempt from federal regular income tax. The fund's investment adviser may also invest the fund's assets in securities whose interest (while exempt from the federal regular income tax) may be subject to (or may be a specific preference item for purposes of) the federal alternative minimum income tax for individuals.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
LMBIX	Federated Hermes Municipal Bond Fund Class Institutional Shares	Institutional	Open			Jul 27, 2017	$20.16M	0.580%	Above Average	$1M	$1.58M
LMSFX	Federated Hermes Municipal Bond Fund Class A Shares	Front Load	Open			Oct 4, 1976	$172.17M	0.830%	Above Average	$1,500	−$19.37M
LMSCX	Federated Hermes Municipal Bond Fund Class C Shares	Level Load	Open			Apr 21, 1993	$1.44M	1.580%	Above Average	$1,500	−$360,341.20

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