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% (1Y)
| Fund Assets | 461.97M |
| Expense Ratio | 1.64% |
| Min. Investment | $1,500 |
| Turnover | n/a |
| Dividend (ttm) | 0.26 |
| Dividend Yield | 3.31% |
| Dividend Growth | -0.23% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 7, 2025 |
| Previous Close | 7.76 |
| YTD Return | -3.37% |
| 1-Year Return | -2.25% |
| 5-Year Return | 1.50% |
| 52-Week Low | 7.63 |
| 52-Week High | 8.32 |
| Beta (5Y) | n/a |
| Holdings | 372 |
| Inception Date | Aug 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%.
Top 10 Holdings
10.55% of assets| Name | Symbol | Weight |
|---|---|---|
| ILLINOIS ST 5% | IL.ILS 5 11.01.2028 | 1.79% |
| BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% | OH.BUCGEN 5 06.01.2055 | 1.44% |
| SAN ANTONIO TEX ELEC & GAS REV 5.25% | TX.SANUTL 5.25 02.01.2049 | 1.15% |
| PUERTO RICO COMWLTH 4% | PR.PRC 4 07.01.2041 | 0.99% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 5% | PR.PRCGEN 5 07.01.2058 | 0.92% |
| NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 5.25% | NY.NYCUTL 5.25 06.15.2055 | 0.92% |
| 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 | 0.84% |
| CHICAGO ILL 5.25% | IL.CHI 5.25 01.01.2045 | 0.82% |
| PUERTO RICO COMWLTH AQUEDUCT & SWR AUTH REV 4% | PR.PRCUTL 4 07.01.2042 | 0.77% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 7, 2025 | $0.0228 | Jul 8, 2025 |
| Jun 6, 2025 | $0.022 | Jun 9, 2025 |
| May 6, 2025 | $0.0217 | May 7, 2025 |
| Apr 7, 2025 | $0.0215 | Apr 8, 2025 |
| Mar 6, 2025 | $0.0211 | Mar 7, 2025 |
| Feb 6, 2025 | $0.0214 | Feb 7, 2025 |