Federated Hermes Municipal Bond Fund Class A Shares (LMSFX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
10.00
+0.02 (0.20%)
At close: Jan 21, 2025
3.52%
Fund Assets 255.55M
Expense Ratio 0.83%
Min. Investment $1,500
Turnover n/a
Dividend (ttm) 0.26
Dividend Yield 2.58%
Dividend Growth 7.57%
Payout Frequency Monthly
Ex-Dividend Date Jan 31, 2025
Previous Close 9.98
YTD Return 4.28%
1-Year Return 5.80%
5-Year Return 3.98%
52-Week Low n/a
52-Week High n/a
Beta (5Y) 0.23
Holdings 161
Inception Date Oct 4, 1976

About LMSFX

The Federated Hermes Municipal Bond Fund Class A Shares (LMSFX) seeks to provide a high level of current income which is exempt from federal regular income taxes.

Fund Family Federated Hermes A
Category Muni National Long
Performance Rating Below Average
Risk Rating Below 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 5.80% in the past year. Since the fund's inception, the average annual return has been 3.30%, including dividends.

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%

Top 10 Holdings

13.74% of assets
Name Symbol Weight
PUERTO RICO SALES TAX FING CORP SALES TAX REV 5% PR PRCGEN 5 07.01.2058 2.08%
MINNESOTA ST 5% MN MNS 5 08.01.2035 1.41%
AUSTIN TEX ELEC UTIL SYS REV 5% TX AUSPWR 5 11.15.2039 1.38%
HUTTO TEX INDPT SCH DIST 5% TX HTOSCD 5 08.01.2048 1.34%
INDIANAPOLIS IND LOC PUB IMPT BD BK 5.25% IN INPGEN 5.25 03.01.2067 1.33%
MASSACHUSETTS ST TRANSN FD REV 5% MA MASTRN 5 06.01.2052 1.32%
LOUISIANA STAD & EXPOSITION DIST REV 5% LA LASFAC 5 07.01.2048 1.32%
BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 4.25% AL BBEUTL 04.01.2053 1.21%
TRIBOROUGH BRDG & TUNL AUTH N Y SALES TAX REV 4% NY TRITRN 4 05.15.2057 1.21%
SAN ANTONIO TEX ELEC & GAS REV 5.25% TX SANUTL 5.25 02.01.2049 1.14%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
Jan 31, 2025 $0.0251 Jan 31, 2025
Dec 31, 2024 $0.02445 Dec 31, 2024
Nov 29, 2024 $0.02343 Nov 29, 2024
Oct 31, 2024 $0.02406 Oct 31, 2024
Sep 30, 2024 $0.02306 Sep 30, 2024
Aug 30, 2024 $0.02371 Aug 30, 2024
Full Dividend History