Federated Hermes Municipal Bond A (LMSFX)
| Fund Assets | 218.67M |
| Expense Ratio | 0.83% |
| Min. Investment | $1,500 |
| Turnover | 31.00% |
| Dividend (ttm) | 0.28 |
| Dividend Yield | 2.80% |
| Dividend Growth | 12.29% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Oct 31, 2025 |
| Previous Close | 9.55 |
| YTD Return | 0.47% |
| 1-Year Return | 0.34% |
| 5-Year Return | -0.84% |
| 52-Week Low | 9.05 |
| 52-Week High | 9.78 |
| Beta (5Y) | 0.30 |
| 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 0.34% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.16%.
Top 10 Holdings
14.56% of assets| Name | Symbol | Weight |
|---|---|---|
| MINNESOTA ST 5% | MN.MNS 5 08.01.2036 | 2.36% |
| SALT LAKE CITY UTAH ARPT REV 5.5% | UT.SALAPT 5.5 07.01.2050 | 1.47% |
| HUTTO TEX INDPT SCH DIST 5% | TX.HTOSCD 5 08.01.2048 | 1.44% |
| INDIANAPOLIS IND LOC PUB IMPT BD BK 5.25% | IN.INPGEN 5.25 03.01.2067 | 1.43% |
| MASSACHUSETTS ST TRANSN FD REV 5% | MA.MASTRN 5 06.01.2052 | 1.43% |
| LOUISIANA STAD & EXPOSITION DIST REV 5% | LA.LASFAC 5 07.01.2048 | 1.42% |
| BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 3.54% | AL.BBEUTL 04.01.2053 | 1.36% |
| BOSTON MASS 5% | MA.BOS 5 02.01.2040 | 1.27% |
| SAN ANTONIO TEX ELEC & GAS REV 5.25% | TX.SANUTL 5.25 02.01.2049 | 1.22% |
| CHARLOTTE N C ARPT REV 5% | NC.CHAAPT 5 07.01.2032 | 1.16% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Oct 31, 2025 | $0.02753 | Oct 31, 2025 |
| Sep 30, 2025 | $0.02663 | Sep 30, 2025 |
| Aug 29, 2025 | $0.02732 | Aug 29, 2025 |
| Jul 31, 2025 | $0.02692 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02601 | Jun 30, 2025 |
| May 30, 2025 | $0.02673 | May 30, 2025 |