Federated Hermes Municipal HY Adv F (FHTFX)
| Fund Assets | 441.80M |
| Expense Ratio | 0.89% |
| Min. Investment | $1,500 |
| Turnover | 20.00% |
| Dividend (ttm) | 0.32 |
| Dividend Yield | 3.97% |
| Dividend Growth | 0.63% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Oct 6, 2025 |
| Previous Close | 8.03 |
| YTD Return | 0.36% |
| 1-Year Return | -0.29% |
| 5-Year Return | 7.19% |
| 52-Week Low | 7.63 |
| 52-Week High | 8.28 |
| Beta (5Y) | 0.33 |
| Holdings | 356 |
| Inception Date | Apr 10, 1987 |
About FHTFX
Federated Hermes Municipal High Yield Advantage Fund Class F Shares is a mutual fund that primarily focuses on generating a high level of income exempt from federal regular income tax. The fund invests a majority of its assets in a diversified portfolio that includes long-term, tax-exempt securities and medium-quality or non-investment-grade municipal bonds. This approach is designed to provide yields that are typically higher than those available from high-quality municipal bonds. The fund is managed by a team of experienced professionals and targets the high yield municipal bond sector, offering monthly dividend distributions. With a portfolio spanning hundreds of securities and a significant focus on duration and credit spread management, it plays a notable role in the municipal bond market by providing access to higher-yielding, and thus riskier, tax-exempt income opportunities. The fund's income may be subject to the federal alternative minimum tax (AMT), and as with all high-yield bond funds, it involves greater market, credit, and liquidity risk compared to funds invested in investment-grade municipal securities.
Performance
FHTFX had a total return of -0.29% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.95%.
Top 10 Holdings
9.66% of assets| Name | Symbol | Weight |
|---|---|---|
| ILLINOIS ST 5% | IL.ILS 5 11.01.2028 | 1.89% |
| BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% | OH.BUCGEN 5 06.01.2055 | 1.09% |
| NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 5.25% | NY.NYCUTL 5.25 06.15.2054 | 0.94% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 5% | PR.PRCGEN 5 07.01.2058 | 0.93% |
| NORTHAMPTON CNTY PA GEN PURP AUTH HOSP REV 5.25% | PA.NORMED 5.25 08.15.2053 | 0.90% |
| TOBACCO SETTLEMENT FING CORP N J 5% | NJ.TOBGEN 5 06.01.2046 | 0.83% |
| PUERTO RICO COMWLTH AQUEDUCT & SWR AUTH REV 4% | PR.PRCUTL 4 07.01.2042 | 0.79% |
| CHICAGO ILL BRD ED 7% | IL.CHIEDU 7 12.01.2046 | 0.77% |
| CHICAGO ILL 6% | IL.CHI 6 01.01.2050 | 0.76% |
| IOWA FIN AUTH MIDWESTERN DISASTER AREA REV 5% | IA.IASGEN 5 12.01.2050 | 0.76% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Oct 6, 2025 | $0.027 | Oct 7, 2025 |
| Sep 8, 2025 | $0.0273 | Sep 9, 2025 |
| Aug 6, 2025 | $0.0275 | Aug 7, 2025 |
| Jul 7, 2025 | $0.0277 | Jul 8, 2025 |
| Jun 6, 2025 | $0.0269 | Jun 9, 2025 |
| May 6, 2025 | $0.0265 | May 7, 2025 |