Federated Hermes Short-Intermediate Duration Municipal Trust Class A Shares (FMTAX)

Fund Assets	379.96M
Expense Ratio	0.663%
Min. Investment	$1,500
Turnover	26.00%
Dividend (ttm)	0.27
Dividend Yield	2.71%
Dividend Growth	2.00%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	9.87
YTD Return	-0.22%
1-Year Return	-0.09%
5-Year Return	5.06%
52-Week Low	9.79
52-Week High	10.16
Beta (5Y)	0.11
Holdings	214
Inception Date	Dec 11, 2006

About FMTAX

Federated Hermes Short-Intermediate Duration Municipal Trust Class A Shares is an open-end municipal bond mutual fund focused on providing dividend income that is generally exempt from federal regular income tax. The fund invests primarily in short- to intermediate-maturity municipal securities, targeting limited interest-rate sensitivity while seeking consistent tax-exempt income through monthly distributions. Its portfolio spans a broad mix of state and local issuers across essential-service revenue and general obligation bonds, with the flexibility to hold both investment-grade and, to a limited extent, below-investment-grade municipal debt to manage yield and credit opportunities. The strategy emphasizes diversified exposure across sectors and geographies, maintaining a moderate effective duration profile typical of the national short muni category. With a long operating history and a defined objective centered on tax-advantaged income, it serves as a core tax-exempt fixed income allocation for investors seeking lower volatility than longer-duration municipal strategies and a focus on federally tax-exempt interest income. The fund’s approach and disclosures note potential exposure to the Alternative Minimum Tax and the applicability of state and local taxes on distributions.

• Fund Family: Federated
• Category: Muni National Short
• Performance Rating: Below Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: FMTAX
• Share Class: Class A Shares
• Index: S&P Municipal Bond Short TR

Performance

FMTAX had a total return of -0.09% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.40%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
FSHIX	Institutional Shares	0.40%
FSHSX	Service Shares	0.65%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.02263	Sep 30, 2026
Aug 31, 2026	$0.02246	Aug 31, 2026
Jul 31, 2026	$0.02268	Jul 31, 2026
Jun 30, 2026	$0.02226	Jun 30, 2026
May 29, 2026	$0.02236	May 29, 2026
Apr 30, 2026	$0.02273	Apr 30, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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