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Morningstar

Federated Hermes PA Municipal Income A PAMFX

Morningstar Medalist Rating
Medalist Rating as of | See Federated Hermes Investment Hub
  • NAV / 1-Day Return 9.51  /  0.83 %
  • Total Assets 115.4 Mil
  • Adj. Expense Ratio
    0.760%
  • Expense Ratio 0.760%
  • Distribution Fee Level Below Average
  • Share Class Type Front Load
  • Category Muni Pennsylvania
  • Credit Quality / Interest Rate Sensitivity Medium / Extensive
  • Min. Initial Investment 1,500
  • Status Open
  • TTM Yield 2.67%
  • Effective Duration 8.10 years

USD | NAV as of Sep 28, 2023 | 1-Day Return as of Sep 28, 2023, 10:21 PM GMT+0

Morningstar’s Analysis PAMFX

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

People Pillar

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

Federated Hermes PA Municipal Income A's Average Process Pillar and People Pillar ratings result in a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings PAMFX

More PAMFX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 101
  • Other Holdings 0
  • % Assets in Top 10 Holdings 18.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

COMMONWEALTH FING AUTH PA TOB MASTER SETTLEMENT PMT REV 4%

2.48
2,949,184
municipal

PENNSYLVANIA ST TPK COMMN TPK REV 4%

2.05
2,440,686
municipal

GEISINGER AUTH PA HEALTH SYS REV 5%

1.91
2,277,130
municipal

PENNSYLVANIA ST 5%

1.79
2,126,921
municipal

PENNSYLVANIA ST TPK COMMN TPK REV 5%

1.76
2,098,551
municipal

ALLEGHENY CNTY PA 5%

1.76
2,087,606
municipal

PHILADELPHIA PA GAS WKS REV 5%

1.73
2,062,474
municipal

ALLEGHENY CNTY PA SAN AUTH SWR REV 5%

1.73
2,051,709
municipal

PHILADELPHIA PA ARPT REV 5%

1.72
2,040,230
municipal

ALLEGHENY CNTY PA HOSP DEV AUTH REV 5%

1.70
2,023,896
municipal