Morningstar

Federated Hermes Ohio Municipal Income Fund Institutional Shares OMIIX

Morningstar Medalist Rating
Medalist Rating as of | See Federated Hermes Investment Hub
  • NAV / 1-Day Return 9.74  /  +0.62 %
  • Total Assets 66.7M
  • Adj. Expense Ratio
    0.520%
  • Expense Ratio 0.520%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category Muni Ohio
  • Credit Quality / Interest Rate Sensitivity Medium/Extensive
  • Min. Initial Investment 1M
  • Status Open
  • TTM Yield 3.75%
  • Effective Duration 8.10 years

USD | NAV as of Oct 02, 2026 | 1-Day Return as of Oct 02, 2026, 12:11 AM GMT+0

Morningstar’s Analysis OMIIX

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

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Federated Hermes OH Municipal Income 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 OMIIX

More OMIIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 20.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

OHIO ST SPL OBLIG 5%

3.04 2M
municipal

WESTERVILLE OHIO 5%

2.34 2M
municipal

AMERICAN MUN PWR OHIO INC REV 4%

2.11 2M
municipal

BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5%

2.03 1M
municipal

CLEVELAND OHIO WTR POLLUTION CTL REV 5%

1.96 1M
municipal

OHIO ST WTR DEV AUTH WTR POLLUTN CTL REV 5%

1.87 1M
municipal

COLUMBUS OHIO REGL ARPT AUTH REV 5.25%

1.85 1M
municipal

OHIO ST HIGHER EDL FAC COMMN REV 2.9%

1.82 1M
municipal

OHIO ST 5%

1.73 1M
municipal

HAMILTON CNTY OHIO HOSP FACS REV 5%

1.64 1M
municipal

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