Federated Hermes Municipal Bond Fund Class A Shares (LMSFX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

9.38

-0.01 (-0.11%)

At close: Aug 26, 2026

2.18% (1Y)

Fund Assets	205.04M
Expense Ratio	0.83%
Min. Investment	$1,500
Turnover	37.00%
Dividend (ttm)	0.33
Dividend Yield	3.51%
Dividend Growth	10.41%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 31, 2026

Previous Close	9.39
YTD Return	0.20%
1-Year Return	4.29%
5-Year Return	-2.39%
52-Week Low	9.18
52-Week High	9.63
Beta (5Y)	0.29
Holdings	157
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.

Fund Family Federated

Category Muni National Long

Performance Rating Below Average

Risk Rating Average

Stock Exchange NASDAQ

Ticker Symbol LMSFX

Share Class Class A Shares

Index S&P Municipal Bond TR USD

Performance

LMSFX had a total return of 4.29% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.15%.

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%
LMSCX	Class C Shares	1.58%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 31, 2026	$0.02865	Jul 31, 2026
Jun 30, 2026	$0.02801	Jun 30, 2026
May 29, 2026	$0.0289	May 29, 2026
Apr 30, 2026	$0.02711	Apr 30, 2026
Mar 31, 2026	$0.02747	Mar 31, 2026
Feb 27, 2026	$0.0256	Feb 27, 2026

Full Dividend History