Federated Hermes Municipal Ultrashort Fund Institutional Shares (FMUSX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

10.02

+0.01 (0.10%)

Aug 25, 2026, 4:00 PM EDT

-0.20% (1Y)

Fund Assets	1.44B
Expense Ratio	0.36%
Min. Investment	$1,000,000
Turnover	n/a
Dividend (ttm)	0.29
Dividend Yield	2.86%
Dividend Growth	-8.66%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 31, 2026

Previous Close	10.01
YTD Return	1.08%
1-Year Return	1.49%
5-Year Return	10.57%
52-Week Low	10.00
52-Week High	10.06
Beta (5Y)	0.03
Holdings	283
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 1.49% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.00%.

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%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
FMULX	Class R6 Shares	0.34%
FMUUX	Class A Shares	0.51%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 31, 2026	$0.02291	Jul 31, 2026
Jun 30, 2026	$0.02304	Jun 30, 2026
May 29, 2026	$0.02339	May 29, 2026
Apr 30, 2026	$0.02531	Apr 30, 2026
Mar 31, 2026	$0.02299	Mar 31, 2026
Feb 27, 2026	$0.02097	Feb 27, 2026

Full Dividend History