Federated Hermes Municipal Ultrashort Fund Institutional Shares (FMUSX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
10.06
0.00 (0.00%)
At close: Feb 13, 2026
Fund Assets1.42B
Expense Ratio0.36%
Min. Investment$1,000,000
Turnovern/a
Dividend (ttm)0.30
Dividend Yield3.01%
Dividend Growth-5.04%
Payout FrequencyMonthly
Ex-Dividend DateJan 30, 2026
Previous Close10.06
YTD Return0.51%
1-Year Return3.58%
5-Year Return11.54%
52-Week Low9.71
52-Week High10.06
Beta (5Y)0.03
Holdings266
Inception DateOct 24, 2000

About FMUSX

The Federated Hermes Municipal Ultrashort Fund Institutional Shares (FMUSX) 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 IS
Category Muni National Short
Stock Exchange NASDAQ
Ticker Symbol FMUSX
Share Class Institutional Shares
Index Bloomberg Municipal Bond 1 Y TR

Performance

FMUSX had a total return of 3.58% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.66%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

SymbolProviderNameExpense Ratio
FMNDXFidelityFidelity Conservative Income Municipal Bond Fund0.25%

Other Share Classes

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

SymbolShare ClassExpense Ratio
FMULXClass R6 Shares0.34%
FMUUXClass A Shares0.51%

Dividend History

Ex-DividendAmountPay Date
Jan 30, 2026$0.02143Jan 30, 2026
Dec 31, 2025$0.02574Dec 31, 2025
Nov 28, 2025$0.02496Nov 28, 2025
Oct 31, 2025$0.02567Oct 31, 2025
Sep 30, 2025$0.02505Sep 30, 2025
Aug 29, 2025$0.02511Aug 29, 2025
Full Dividend History