Federated Hermes Municipal Bond Fund Class F Shares (LMFFX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

9.37

-0.01 (-0.11%)

At close: Aug 26, 2026

2.07% (1Y)

Fund Assets	205.04M
Expense Ratio	0.83%
Min. Investment	$1,500
Turnover	37.00%
Dividend (ttm)	0.33
Dividend Yield	3.52%
Dividend Growth	10.40%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 31, 2026

Previous Close	9.38
YTD Return	0.10%
1-Year Return	4.18%
5-Year Return	-2.25%
52-Week Low	9.17
52-Week High	9.63
Beta (5Y)	0.06
Holdings	157
Inception Date	Oct 4, 1976

About LMFFX

Federated Hermes Municipal Bond Fund Class F Shares is an open-end mutual fund primarily focused on providing a high level of current income exempt from federal regular income tax. Structured as a long-duration muni national fund, it invests in a diversified portfolio of municipal bonds issued by various state and local governments across the United States, which are typically used to finance public projects. The fund spreads its assets across numerous states and sectors to help mitigate credit and sector-specific risks, maintaining an average portfolio duration exceeding six years. Notable characteristics include its monthly dividend distributions, a moderate expense ratio, and a history of consistent income generation. By concentrating on U.S. municipal securities, the fund plays an important role for investors seeking federally tax-exempt income and diversification within the fixed income segment of their portfolios. Managed by a team at Federated Hermes, the fund is benchmarked against prominent municipal bond indices and is recognized for its long-term approach to capital preservation and modest income appreciation within the municipal bond market context.

Fund Family Federated

Category Muni National Long

Performance Rating Below Average

Risk Rating Average

Stock Exchange NASDAQ

Ticker Symbol LMFFX

Share Class Class F Shares

Index S&P Municipal Bond TR USD

Performance

LMFFX had a total return of 4.18% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.54%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
LMBIX	Institutional Shares	0.58%
LMSFX	Class A Shares	0.83%
LMSCX	Class C Shares	1.58%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 31, 2026	$0.02863	Jul 31, 2026
Jun 30, 2026	$0.02799	Jun 30, 2026
May 29, 2026	$0.02888	May 29, 2026
Apr 30, 2026	$0.0271	Apr 30, 2026
Mar 31, 2026	$0.02749	Mar 31, 2026
Feb 27, 2026	$0.0256	Feb 27, 2026

Full Dividend History