Federated Hermes Municipal High Yield Advantage Fund Class F Shares (FHTFX)
| Fund Assets | 452.36M |
| Expense Ratio | 0.89% |
| Min. Investment | $1,500 |
| Turnover | 31.00% |
| Dividend (ttm) | 0.32 |
| Dividend Yield | 3.96% |
| Dividend Growth | 3.48% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 6, 2026 |
| Previous Close | 8.00 |
| YTD Return | -0.02% |
| 1-Year Return | 2.75% |
| 5-Year Return | 4.16% |
| 52-Week Low | 7.63 |
| 52-Week High | 8.14 |
| Beta (5Y) | 0.35 |
| Holdings | 343 |
| 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 2.75% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.96%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 6, 2026 | $0.0285 | Mar 9, 2026 |
| Feb 6, 2026 | $0.0278 | Feb 9, 2026 |
| Jan 6, 2026 | $0.0277 | Jan 7, 2026 |
| Dec 8, 2025 | $0.0274 | Dec 9, 2025 |
| Nov 6, 2025 | $0.0267 | Nov 7, 2025 |
| Oct 6, 2025 | $0.027 | Oct 7, 2025 |