Federated Hermes Ohio Municipal Income Fund Class F Shares (OMIFX)
| Fund Assets | 72.95M |
| Expense Ratio | 0.92% |
| Min. Investment | $1,500 |
| Turnover | 30.00% |
| Dividend (ttm) | 0.31 |
| Dividend Yield | 2.96% |
| Dividend Growth | 12.99% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 17, 2026 |
| Previous Close | 10.27 |
| YTD Return | 0.13% |
| 1-Year Return | 3.10% |
| 5-Year Return | 1.66% |
| 52-Week Low | 9.84 |
| 52-Week High | 10.48 |
| Beta (5Y) | 0.28 |
| Holdings | 102 |
| Inception Date | Oct 12, 1990 |
About OMIFX
Federated Hermes Ohio Municipal Income Fund Class F Shares is a tax-exempt municipal bond mutual fund focused on generating current income that is exempt from federal, Ohio state, and municipal personal income taxes. The fund primarily invests the majority of its assets in long-term, investment-grade municipal securities issued within Ohio, targeting bonds that fulfill the dual criteria of credit quality and state-specific tax exemption. Managed by a team with a multi-decade track record, the fund is structured to appeal to investors seeking income with a high degree of tax efficiency, particularly those residing in Ohio or subject to its taxes. With a diversified portfolio exceeding 100 holdings and a weighted average effective maturity around 10 years, the fund reflects a blend of local infrastructure and public projects. Its performance is measured against the S&P Municipal Bond Ohio Index, underscoring its role in supporting state and local governments while offering investors a targeted tool for municipal income generation and tax mitigation within their fixed income allocations.
Performance
OMIFX had a total return of 3.10% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.01%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 17, 2026 | $0.0269 | Mar 18, 2026 |
| Feb 17, 2026 | $0.0269 | Feb 18, 2026 |
| Jan 20, 2026 | $0.0294 | Jan 21, 2026 |
| Dec 17, 2025 | $0.0257 | Dec 18, 2025 |
| Nov 17, 2025 | $0.0251 | Nov 18, 2025 |
| Oct 17, 2025 | $0.0246 | Oct 20, 2025 |