Federated Hermes PA Municipal Income A (PAMFX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.90
+0.04 (0.41%)
Sep 11, 2025, 4:00 PM EDT
0.41%
Fund Assets94.58M
Expense Ratio0.76%
Min. Investment$1,500
Turnover26.00%
Dividend (ttm)0.32
Dividend Yield3.08%
Dividend Growth9.07%
Payout FrequencyMonthly
Ex-Dividend DateAug 18, 2025
Previous Close9.86
YTD Return0.94%
1-Year Return0.24%
5-Year Return2.15%
52-Week Low9.52
52-Week High10.21
Beta (5Y)0.24
Holdings97
Inception DateOct 11, 1990

About PAMFX

Federated Hermes Pennsylvania Municipal Income Fund Class A Shares is an open-end municipal bond mutual fund focused on delivering tax-exempt income to Pennsylvania residents. The fund primarily invests in a diversified portfolio of Pennsylvania municipal securities so that, under normal conditions, distributions of interest are exempt from federal and Pennsylvania state income taxes. It targets debt issued by state and local governments, agencies, and authorities, financing essential public projects such as transportation, education, utilities, and healthcare infrastructure. Managed by Federated Hermes, the strategy emphasizes credit research and interest-rate risk management typical of single-state municipal portfolios. The fund’s profile aligns with the Morningstar Muni Pennsylvania category, which generally maintains at least 80% exposure to Pennsylvania municipal debt and can span short to long durations. Key considerations include sensitivity to interest-rate movements and potential exposure to the federal alternative minimum tax on certain holdings. As of recent disclosures, the fund reports a moderate expense structure and a minimum initial investment sized for retail investors, positioning it as a vehicle for tax-advantaged income within a state-specific allocation.

Fund Family Federated
Category Muni Pennsylvania
Stock Exchange NASDAQ
Ticker Symbol PAMFX
Share Class Class A Shares
Index S&P Municipal Bond Pennsylvania TR

Performance

PAMFX had a total return of 0.24% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.21%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
PAMIXInstitutional Shares0.53%

Top 10 Holdings

21.02% of assets
NameSymbolWeight
COMMONWEALTH FING AUTH PA TOB MASTER SETTLEMENT PMT REV 4%PA.CMNGEN 4 06.01.20392.85%
DELAWARE CNTY PA INDL DEV AUTH ARPT FACS REV 4.05%PA.DELAPT 09.01.20452.64%
ST MARY HOSP AUTH PA HEALTH SYS REV 5%PA.STMMED 5 11.15.20272.13%
PENNSYLVANIA ST 5%PA.PAS 5 09.15.20262.09%
PENNSYLVANIA ST HIGHER EDL FACS AUTH REV 5.25%PA.PASHGR 5.25 11.01.20482.08%
PENNSYLVANIA ECONOMIC DEV FING AUTH REV 5%PA.PASDEV 5 06.30.20421.99%
ALLEGHENY CNTY PA HOSP DEV AUTH REV 5%PA.ALLMED 5 04.01.20471.98%
PUERTO RICO COMWLTH 4%PR.PRC 4 07.01.20371.94%
DELAWARE CNTY PA AUTH COLLEGE REV 5%PA.DELHGR 5 10.01.20421.74%
PHILADELPHIA PA WTR & WASTEWTR REV 5.5%PA.PHIUTL 5.5 09.01.20531.60%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Aug 18, 2025$0.029Aug 19, 2025
Jul 17, 2025$0.0289Jul 18, 2025
Jun 17, 2025$0.0279Jun 18, 2025
May 19, 2025$0.0272May 20, 2025
Apr 17, 2025$0.0271Apr 21, 2025
Mar 17, 2025$0.0271Mar 18, 2025
Full Dividend History