Federated Hermes Municipal Bond Fund Class Institutional Shares (LMBIX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
9.60
+0.01 (0.10%)
Feb 6, 2025, 4:00 PM EST
-0.62% (1Y)
| Fund Assets | 255.55M |
| Expense Ratio | 0.58% |
| Min. Investment | $1,000,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.31 |
| Dividend Yield | 3.21% |
| Dividend Growth | 6.82% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 28, 2025 |
| Previous Close | 9.59 |
| YTD Return | 0.80% |
| 1-Year Return | 2.30% |
| 5-Year Return | 2.06% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | n/a |
| Holdings | 161 |
| Inception Date | Oct 4, 1976 |
About LMBIX
The Federated Hermes Municipal Bond Fund Class Institutional Shares (LMBIX) seeks to provide a high level of current income which is exempt from federal regular income taxes.
Category Muni National Long
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol LMBIX
Share Class Institutional Shares
Index S&P Municipal Bond TR USD
Performance
LMBIX had a total return of 2.30% in the past year. Since the fund's inception, the average annual return has been 1.78%, including dividends.
Top 10 Holdings
13.60% of assets| Name | Symbol | Weight |
|---|---|---|
| PUERTO RICO SALES TAX FING COR - Puerto Rico Sales Tax Financing Corp Sales Tax Revenue | PR PRCGEN 5 07.01.2058 | 2.06% |
| MINNESOTA ST - State of Minnesota | MN MNS 5 08.01.2035 | 1.39% |
| AUSTIN TX ELEC UTILITY SYS REV - City of Austin TX Electric Utility Revenue | TX AUSPWR 5 11.15.2039 | 1.37% |
| HUTTO TX INDEP SCH DIST - Hutto Independent School District | TX HTOSCD 5 08.01.2048 | 1.33% |
| INDIANAPOLIS IN LOCAL PUBLIC I - Indianapolis Local Public Improvement Bond Bank | IN INPGEN 5.25 03.01.2067 | 1.32% |
| MASSACHUSETTS ST TRANSPRTN FUN - Commonwealth of Massachusetts Transportation Fund Revenue | MA MASTRN 5 06.01.2052 | 1.31% |
| Louisiana Stadium & Exposition District | LA LASFAC 5 07.01.2048 | 1.30% |
| BLACK BELT ENERGY GAS DIST AL - Black Belt Energy Gas District | AL BBEUTL 04.01.2053 | 1.20% |
| TRIBOROUGH NY BRIDGE & TUNNEL - Triborough Bridge & Tunnel Authority Sales Tax Revenue | NY TRITRN 4 05.15.2057 | 1.19% |
| SAN ANTONIO TX ELEC & GAS REVE - City of San Antonio TX Electric & Gas Systems Revenue | n/a | 1.13% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 28, 2025 | $0.0249 | Feb 28, 2025 |
| Jan 31, 2025 | $0.02717 | Jan 31, 2025 |
| Dec 31, 2024 | $0.02657 | Dec 31, 2024 |
| Nov 29, 2024 | $0.02546 | Nov 29, 2024 |
| Oct 31, 2024 | $0.02618 | Oct 31, 2024 |
| Sep 30, 2024 | $0.02511 | Sep 30, 2024 |