Federated Hermes Municipal High Yield Advantage Fund Class C Shares (FMNCX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
7.74
-0.02 (-0.26%)
At close: Jul 15, 2025
-5.03%
Fund Assets461.97M
Expense Ratio1.64%
Min. Investment$1,500
Turnovern/a
Dividend (ttm)0.26
Dividend Yield3.31%
Dividend Growth-0.23%
Payout FrequencyMonthly
Ex-Dividend DateJul 7, 2025
Previous Close7.76
YTD Return-3.37%
1-Year Return-2.25%
5-Year Return1.50%
52-Week Low7.63
52-Week High8.32
Beta (5Y)n/a
Holdings372
Inception DateAug 5, 1996

About FMNCX

The Fund's investment strategy focuses on High Yield Muni with 1.64% total expense ratio. The minimum amount to invest in Federated Hermes Municipal Securities Income Trust: Federated Hermes Municipal High Yield Adv Fd; Cls C Shs is $1,500 on a standard taxable account. Federated Hermes Municipal Securities Income Trust: Federated Hermes Municipal High Yield Adv Fd; Cls C Shs seeks high current income, which is exempt from federal regular income tax, by investing in a professionally managed, diversified portfolio of municipal bonds.

Fund Family Federated Hermes C
Category High Yield Muni
Stock Exchange NASDAQ
Ticker Symbol FMNCX
Share Class Class C Shares
Index S&P Municipal Bond TR USD

Performance

FMNCX had a total return of -2.25% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.00%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
FMYIXInstitutional Shares0.64%
FHTFXClass F Shares0.89%
FMOAXClass A Shares0.89%

Top 10 Holdings

10.55% of assets
NameSymbolWeight
ILLINOIS ST 5%IL.ILS 5 11.01.20281.79%
BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5%OH.BUCGEN 5 06.01.20551.44%
SAN ANTONIO TEX ELEC & GAS REV 5.25%TX.SANUTL 5.25 02.01.20491.15%
PUERTO RICO COMWLTH 4%PR.PRC 4 07.01.20410.99%
PUERTO RICO SALES TAX FING CORP SALES TAX REV 5%PR.PRCGEN 5 07.01.20580.92%
NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 5.25%NY.NYCUTL 5.25 06.15.20550.92%
NORTHAMPTON CNTY PA GEN PURP AUTH HOSP REV 5.25%PA.NORMED 5.25 08.15.20530.90%
TOBACCO SETTLEMENT FING CORP N J 5%NJ.TOBGEN 5 06.01.20460.84%
CHICAGO ILL 5.25%IL.CHI 5.25 01.01.20450.82%
PUERTO RICO COMWLTH AQUEDUCT & SWR AUTH REV 4%PR.PRCUTL 4 07.01.20420.77%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Jul 7, 2025$0.0228Jul 8, 2025
Jun 6, 2025$0.022Jun 9, 2025
May 6, 2025$0.0217May 7, 2025
Apr 7, 2025$0.0215Apr 8, 2025
Mar 6, 2025$0.0211Mar 7, 2025
Feb 6, 2025$0.0214Feb 7, 2025
Full Dividend History