Federated Hermes Municipal Bond Fund Class A Shares (LMSFX)
| Fund Assets | 212.71M |
| Expense Ratio | 0.83% |
| Min. Investment | $1,500 |
| Turnover | 31.00% |
| Dividend (ttm) | 0.28 |
| Dividend Yield | 2.79% |
| Dividend Growth | 13.61% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 9.58 |
| YTD Return | 1.19% |
| 1-Year Return | 3.82% |
| 5-Year Return | 0.48% |
| 52-Week Low | 9.22 |
| 52-Week High | 10.04 |
| Beta (5Y) | 0.31 |
| Holdings | 151 |
| Inception Date | Oct 4, 1976 |
About LMSFX
Federated Hermes Municipal Bond Fund Class A Shares is an open-ended mutual fund that invests primarily in tax-exempt municipal securities across the United States. Its central objective is to provide shareholders with a high level of current income exempt from federal regular income tax. The fund focuses on investment-grade municipal bonds, typically rated BBB or higher by major credit agencies, and often targets long-term securities with maturities of ten years or more. Portfolio construction is guided by fundamental analysis, considering economic feasibility, the fiscal health of issuers, political developments, interest rates, inflation, and market supply-demand factors. The fund's benchmark indices include the S&P Municipal Bond Investment Grade Index, emphasizing its alignment with the broader U.S. municipal bond market. With a diversified portfolio across over 160 holdings and managed by Federated Investment Management Company, this fund serves as a vehicle for investors seeking federally tax-exempt income and exposure to high-quality municipal debt instruments, playing a significant role in the muni national long category of fixed income mutual funds.
Performance
LMSFX had a total return of 3.82% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.44%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.02784 | Jan 30, 2026 |
| Dec 31, 2025 | $0.02775 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02671 | Nov 28, 2025 |
| Oct 31, 2025 | $0.02753 | Oct 31, 2025 |
| Sep 30, 2025 | $0.02663 | Sep 30, 2025 |
| Aug 29, 2025 | $0.02732 | Aug 29, 2025 |