Federated Hermes Municipal Bond Fund Class C Shares (LMSCX)

Fund Assets	205.04M
Expense Ratio	1.58%
Min. Investment	$1,500
Turnover	37.00%
Dividend (ttm)	0.26
Dividend Yield	2.75%
Dividend Growth	13.49%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 31, 2026

Previous Close	9.39
YTD Return	-0.22%
1-Year Return	3.72%
5-Year Return	-5.53%
52-Week Low	9.18
52-Week High	9.64
Beta (5Y)	0.06
Holdings	157
Inception Date	Oct 4, 1976

About LMSCX

Federated Hermes Municipal Bond Fund Class C Shares is a mutual fund focused on providing investors with current income that is generally exempt from federal regular income taxes. This fund primarily invests in a diversified portfolio of long-term U.S. municipal bonds, which are debt securities issued by state and local governments or their agencies. As an actively managed fund, it seeks capital preservation and moderate appreciation by targeting high-quality municipal securities, appealing to individuals and institutions interested in tax-advantaged income streams. Established in 1993, the fund follows a "Muni National Long" strategy, which means it holds bonds from a wide range of municipalities across the United States with longer maturities. The fund's structure as "Class C Shares" typically involves higher ongoing expenses in exchange for lower upfront costs, making it suitable for investors with specific time horizons. With its focus on municipal bonds, this fund plays a significant role in fixed income markets, offering exposure to public sector infrastructure and community development while helping investors manage income tax obligations.

• Fund Family: Federated
• Category: Muni National Long
• Performance Rating: Low
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: LMSCX
• Share Class: Class C Shares
• Index: S&P Municipal Bond TR USD

Performance

LMSCX had a total return of 3.72% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.59%.

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%
LMFFX	Class F Shares	0.83%
LMSFX	Class A Shares	0.83%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 31, 2026	$0.02253	Jul 31, 2026
Jun 30, 2026	$0.02206	Jun 30, 2026
May 29, 2026	$0.0228	May 29, 2026
Apr 30, 2026	$0.02119	Apr 30, 2026
Mar 31, 2026	$0.02138	Mar 31, 2026
Feb 27, 2026	$0.02003	Feb 27, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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