Federated Hermes Municipal High Yield Advantage Fund Class A: (MF: FMOAX)
(NASDAQ Mutual Funds) As of May 7, 2024 08:00 PM ET
$8.03 USD
+0.03 (0.38%)
Fund Description
The fund was incepted in April 1987 and is managed by Federated Investment Management Company. The fund's investment objective is to provide a high level of current income, which is generally exempt from the federal regular income tax. The fund pursues its objective by investing in a portfolio of tax exempt securities so that at least 80% of the income that it distributes will be exempt from federal regular income tax. Interest income from the fund's investments may be subject to the federal alternative minimum tax for individuals and corporations (AMT). The fund invests primarily in long-term, medium-quality and non-investment grade tax exempt securities. The fund offers dividends monthly and capital gains annually.
Load Information
| Ticker | Max Load % |
Deferred Load % |
Red. Fee % |
12B-1 Fee % |
Mgmt Fee % |
Expense Ratio % |
|
|---|---|---|---|---|---|---|---|
| Federated Hermes Muni HY Advntg A | FMOAX | 4.50 | NA | 0.00 | 0.00 | 0.60 | 0.89 |
Return Data
| Ticker | Nav | Inception Date | % yield | 1 year return | 2 year return | 3 year return | |
|---|---|---|---|---|---|---|---|
| Federated Muni High Yld Advantage F | FHTFX | 8.00 | 4/10/1987 | 0.96 | 5.37 | -0.74 | 1.49 |
| Federated Muni High Yld Advantage A | FMOAX | 8.03 | 8/5/1996 | 0.92 | 5.34 | -0.71 | 1.50 |
| Federated Muni High Yld Advantage C | FMNCX | 7.99 | 8/5/1996 | 0.75 | 4.66 | -1.42 | 0.75 |
Investment Information
| Ticker | Minimum Initial Investment ($) | Minimum Subsequent Investment ($) | Minimum Initial IRA ($) | Dividend Frequency | |
|---|---|---|---|---|---|
| Federated Hermes Muni HY Advntg A | FMOAX | 1500 | 100 | 0 | M |
Contact Information
| Family | Federated |
| Address | 1001 Liberty Ave. Pittsburgh, PA 15222 |
| Phone | 800 341-7400 |