Federated Hermes Municipal UltraShort Fund Class R6 Shares
FMULX
NASDAQ
| Weiss Ratings | FMULX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Rating | ||||
| Reward Index | Fair | |||
| Reward Grade | C | |||
| Risk Index | Fair | |||
| Risk Grade | C+ | |||
| Company Info | FMULX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Provider | Federated | |||
| Manager/Tenure (Years) | Mary Jo Ochson (7), Kyle Stewart (0), Ann Ferentino (0) | |||
| Website | http://www.federatedinvestors.com | |||
| Fund Information | FMULX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Fund Name | Federated Hermes Municipal UltraShort Fund Class R6 Shares | |||
| Category | Muni National Short | |||
| Sub-Category | US Municipal Fixed Income | |||
| Prospectus Objective | Municipal Bond - National | |||
| Inception Date | May 29, 2019 | |||
| Open/Closed To New Investors | Open | |||
| Minimum Initial Investment | 0.00 | |||
| Minimum Subsequent Investment | -- | |||
| Front End Fee | -- | |||
| Back End Fee | -- | |||
| Dividends and Shares | FMULX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Dividend Yield | 3.09% | |||
| Dividend | FMULX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Dividend Yield (Forward) | -- | |||
| Asset Allocation | FMULX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Cash | 3.86% | |||
| Stock | 0.00% | |||
| U.S. Stock | 0.00% | |||
| Non-U.S. Stock | 0.00% | |||
| Bond | 96.14% | |||
| U.S. Bond | 96.14% | |||
| Non-U.S. Bond | 0.00% | |||
| Preferred | 0.00% | |||
| Convertible | 0.00% | |||
| Other Net | 0.00% | |||
| Price History | FMULX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| 7-Day Total Return | -0.05% | |||
| 30-Day Total Return | 0.01% | |||
| 60-Day Total Return | 0.29% | |||
| 90-Day Total Return | 0.62% | |||
| Year to Date Total Return | 2.90% | |||
| 1-Year Total Return | 3.31% | |||
| 2-Year Total Return | 7.77% | |||
| 3-Year Total Return | 11.58% | |||
| 5-Year Total Return | 10.94% | |||
| Price | FMULX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Closing Price | -- | |||
| 1-Month Low Price | -- | |||
| 1-Month High Price | -- | |||
| 52-Week Low Price | -- | |||
| 52-Week Low Price (Date) | -- | |||
| 52-Week High Price | -- | |||
| 52-Week High Price (Date) | -- | |||
| NAV | FMULX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Nav | -- | |||
| 1-Month Low NAV | $10.02 | |||
| 1-Month High NAV | $10.04 | |||
| 52-Week Low NAV | $9.96 | |||
| 52-Week Low NAV (Date) | Apr 09, 2025 | |||
| 52-Week High NAV | $10.06 | |||
| 52-Week High Price (Date) | Sep 17, 2025 | |||
| Beta / Standard Deviation | FMULX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Beta | 0.44 | |||
| Standard Deviation | 0.75 | |||
| Balance Sheet | FMULX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Total Assets | 1.36B | |||
| Operating Ratios | FMULX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Expense Ratio | 0.34% | |||
| Turnover Ratio | 55.00% | |||
| Performance | FMULX-NASDAQ | Click to Compare |
Click to Compare |
Click to Compare |
| Last Bull Market Total Return | 2.72% | |||
| Last Bear Market Total Return | -0.11% | |||