Federated Hermes Municipal Ultrashort Fund Institutional Shares (FMUSX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
9.99
0.00 (0.00%)
May 6, 2025, 4:00 PM EDT
0.30% (1Y)
| Fund Assets | 1.29B |
| Expense Ratio | 0.36% |
| Min. Investment | $1,000,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.32 |
| Dividend Yield | 3.19% |
| Dividend Growth | 1.34% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Apr 30, 2025 |
| Previous Close | 9.99 |
| YTD Return | 0.89% |
| 1-Year Return | 3.21% |
| 5-Year Return | 8.84% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | 0.03 |
| Holdings | 238 |
| Inception Date | Oct 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 3.21% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.28%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FMNDX | Fidelity | Fidelity Conservative Income Municipal Bond Fund | 0.25% |
Top 10 Holdings
19.41% of assets| Name | Symbol | Weight |
|---|---|---|
| J P MORGAN CHASE PUTTERS / DRIVERS TR VAR STS 3.95% | OT JPM 06.01.2027 | 3.15% |
| DEUTSCHE BK SPEARS/LIFERS TR VAR STS 3.52% | NY DEU 11.01.2044 | 2.37% |
| MOBILE ALA INDL DEV BRD POLLUTN CTL REV 3.92% | AL MOBPOL 06.01.2034 | 2.09% |
| BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 3.22% | AL BBEUTL 10.01.2052 | 2.06% |
| ECTOR CNTY TEX INDPT SCH DIST 4% | TX ECTSCD 08.15.2049 | 1.69% |
| BELLEVILLE TWP N J 5% | NJ BWP 5 07.08.2025 | 1.66% |
| KNOTT CNTY KY INDL BLDG REV 4% | KY KNOFAC 03.28.2044 | 1.66% |
| CALIFORNIA MUN FIN AUTH SOLID WASTE DISP REV 4.15% | CA CASPOL 07.01.2051 | 1.66% |
| NUVEEN CALIF AMT FREE MUNICIPAL INCOME FD 3.32% | CA NKXGEN 10.01.2047 | 1.57% |
| NUVEEN AMT-FREE MUN CR INCOME FD 3.32% | OT NVGGEN 03.01.2029 | 1.52% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 30, 2025 | $0.02813 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02789 | Mar 31, 2025 |
| Feb 28, 2025 | $0.02363 | Feb 28, 2025 |
| Jan 31, 2025 | $0.02492 | Jan 31, 2025 |
| Dec 31, 2024 | $0.02637 | Dec 31, 2024 |
| Nov 29, 2024 | $0.0256 | Nov 29, 2024 |