Federated Hermes Municipal UltraShort Fund Class R6 Shares (FMULX)
NASDAQ · Mutual Fund · Delayed Price · Currency is USD
10.02
0.00 (0.00%)
Jul 28, 2025, 4:00 PM EDT
| Fund Assets | 2.19B |
| Expense Ratio | 0.34% |
| Min. Investment | $0.00 |
| Turnover | n/a |
| Dividend (ttm) | 0.32 |
| Dividend Yield | 3.18% |
| Dividend Growth | -0.76% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 10.02 |
| YTD Return | 0.80% |
| 1-Year Return | 2.34% |
| 5-Year Return | 7.55% |
| 52-Week Low | 9.92 |
| 52-Week High | 10.07 |
| Beta (5Y) | n/a |
| Holdings | 238 |
| Inception Date | May 29, 2019 |
About FMULX
The Federated Hermes Municipal UltraShort Fund Class R6 Shares (FMULX) seeks to provide current income exempt from federal regular income tax. Invests at least 80% of its assets in a portfolio of tax-exempt securities issued by state and local governments, and of primarily investment grade or of comparable quality. Dollar-weighted average portfolio duration is one year or less.
Fund Family Federated Hermes
Category Muni National Short
Stock Exchange NASDAQ
Ticker Symbol FMULX
Share Class Class R6 Shares
Index Bloomberg Municipal Bond 1 Y TR
Performance
FMULX had a total return of 2.34% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.41%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FMNHX | Fidelity | Fidelity Advisor Cnsv Inc Muni Bd Z | 0.25% |
| VWSTX | Vanguard | Vanguard Ultra Short-Term Tax-Exempt Fund | 0.17% |
| FCRDX | Fidelity | Fidelity® Conservative Income Municipal Bond Fund | 0.35% |
| FMNGX | Fidelity | Fidelity Advisor Cnsv Inc Muni Bd I | 0.25% |
| FMNFX | Fidelity | Fidelity Advisor Cnsv Inc Muni Bd A | 0.25% |
Top 10 Holdings
19.49% of assets| Name | Symbol | Weight |
|---|---|---|
| JP MORGAN CHASE PUTTERS/DRIVER - JPMorgan Chase Putters/Drivers Trust | OT.JPM 06.01.2027 | 3.16% |
| DEUTSCHE BK SPEARS/LIFERS TR - Deutsche Bank Spears/Lifers Trust | NY.DEU 11.01.2044 | 2.38% |
| MOBILE AL INDL DEV BRD POLL CO - Industrial Development Board of the City of Mobile Alabama | AL.MOBPOL 06.01.2034 | 2.09% |
| BLACK BELT ENERGY GAS DIST AL - Black Belt Energy Gas District | n/a | 2.07% |
| ECTOR CNTY TX INDEP SCH DIST - Ector County Independent School District | TX.ECTSCD 08.15.2049 | 1.70% |
| BELLEVILLE TWP NJ - Township of Belleville NJ | NJ.BWP 5 07.08.2025 | 1.67% |
| KNOTT CNTY KY INDL BLDG REVENU - County of Knott KY | KY.KNOFAC 03.28.2044 | 1.66% |
| CALIFORNIA ST MUNI FIN AUTH SO - California Municipal Finance Authority | CA.CASPOL 07.01.2051 | 1.66% |
| NUVEEN CA AMT-FREE QUALITY MUN - Nuveen California AMT-Free Quality Municipal Income Fund | n/a | 1.57% |
| NUVEEN AMT FREE MUNI CREDIT IN - Nuveen AMT-Free Municipal Credit Income Fund | OT.NVGGEN 03.01.2029 | 1.52% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.02509 | Jun 30, 2025 |
| May 30, 2025 | $0.02587 | May 30, 2025 |
| Apr 30, 2025 | $0.02828 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02806 | Mar 31, 2025 |
| Feb 28, 2025 | $0.02378 | Feb 28, 2025 |
| Jan 31, 2025 | $0.02507 | Jan 31, 2025 |