Federated Hermes Municipal High Yield Advantage Fund Class Institutional (FMYIX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

7.95

-0.01 (-0.13%)

At close: Aug 26, 2026

2.85% (1Y)

Fund Assets	455.86M
Expense Ratio	0.79%
Min. Investment	$1,000,000
Turnover	31.00%
Dividend (ttm)	0.35
Dividend Yield	4.43%
Dividend Growth	4.60%
Payout Frequency	Monthly
Ex-Dividend Date	Aug 6, 2026

Previous Close	7.96
YTD Return	1.34%
1-Year Return	6.67%
5-Year Return	3.11%
52-Week Low	7.74
52-Week High	8.15
Beta (5Y)	0.13
Holdings	357
Inception Date	Jun 11, 2013

About FMYIX

Federated Hermes Municipal High Yield Advantage Fund Institutional Shares is a mutual fund designed to provide investors with a high level of income exempt from federal regular income tax. Its primary function is to invest predominantly in long-term, tax-exempt securities, focusing particularly on medium-quality and non-investment-grade municipal bonds, which allows it to seek higher yields than traditional high-quality municipal bond funds. The fund maintains a diversified portfolio, typically consisting of hundreds of holdings with a weighted average effective maturity nearing 15 years and an effective duration close to 10 years, reflecting a sensitivity to changes in interest rates. Managed by an experienced team, the fund targets individuals and institutions seeking income and diversification benefits, while mindful of the potential for elevated risk due to exposure to lower-rated issuers. Income distributions are made monthly, and portions of the interest income may be subject to the federal alternative minimum tax and local taxes. With an inception date in 2013, it plays a distinctive role in the market by catering to investors seeking enhanced municipal bond yields in a professionally managed format.

Fund Family Federated

Category High Yield Muni

Performance Rating Average

Risk Rating Average

Stock Exchange NASDAQ

Ticker Symbol FMYIX

Share Class Institutional Shares

Index S&P Municipal Bond TR USD

Performance

FMYIX had a total return of 6.67% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.41%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
FHTFX	Class F Shares	1.04%
FMOAX	Class A Shares	1.04%
FMNCX	Class C Shares	1.79%

Dividend History

Ex-Dividend	Amount	Pay Date
Aug 6, 2026	$0.0301	Aug 7, 2026
Jul 6, 2026	$0.0288	Jul 7, 2026
Jun 8, 2026	$0.0297	Jun 9, 2026
May 6, 2026	$0.0301	May 7, 2026
Apr 6, 2026	$0.0295	Apr 7, 2026
Mar 6, 2026	$0.0302	Mar 9, 2026

Full Dividend History