Federated Hermes Municipal High Yield Advantage Fund Class Institutional
FMYIX
NASDAQ
| Weiss Ratings | FMYIX-NASDAQ | Click to Compare |
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| Rating | ||||
| Reward Index | Weak | |||
| Reward Grade | D+ | |||
| Risk Index | Fair | |||
| Risk Grade | C | |||
| Company Info | FMYIX-NASDAQ | Click to Compare |
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| Provider | Federated | |||
| Manager/Tenure (Years) | Derek Plaski (1), Ann Ferentino (0) | |||
| Website | http://www.federatedinvestors.com | |||
| Fund Information | FMYIX-NASDAQ | Click to Compare |
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| Fund Name | Federated Hermes Municipal High Yield Advantage Fund Class Institutional | |||
| Category | High Yield Muni | |||
| Sub-Category | US Municipal Fixed Income | |||
| Prospectus Objective | Municipal Bond - National | |||
| Inception Date | Jun 11, 2013 | |||
| Open/Closed To New Investors | Open | |||
| Minimum Initial Investment | 1,000,000.00 | |||
| Minimum Subsequent Investment | -- | |||
| Front End Fee | -- | |||
| Back End Fee | -- | |||
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| Dividend Yield | 4.36% | |||
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| Dividend Yield (Forward) | -- | |||
| Asset Allocation | FMYIX-NASDAQ | Click to Compare |
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| Cash | 0.00% | |||
| Stock | 0.00% | |||
| U.S. Stock | 0.00% | |||
| Non-U.S. Stock | 0.00% | |||
| Bond | 100.00% | |||
| U.S. Bond | 93.11% | |||
| Non-U.S. Bond | 6.89% | |||
| Preferred | 0.00% | |||
| Convertible | 0.00% | |||
| Other Net | 0.00% | |||
| Price History | FMYIX-NASDAQ | Click to Compare |
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| 7-Day Total Return | 1.01% | |||
| 30-Day Total Return | -0.49% | |||
| 60-Day Total Return | 0.11% | |||
| 90-Day Total Return | 0.73% | |||
| Year to Date Total Return | 0.85% | |||
| 1-Year Total Return | 3.44% | |||
| 2-Year Total Return | 8.89% | |||
| 3-Year Total Return | 14.12% | |||
| 5-Year Total Return | 6.71% | |||
| Price | FMYIX-NASDAQ | Click to Compare |
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| 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 | FMYIX-NASDAQ | Click to Compare |
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| Nav | $8.00 | |||
| 1-Month Low NAV | $7.92 | |||
| 1-Month High NAV | $8.08 | |||
| 52-Week Low NAV | $7.62 | |||
| 52-Week Low NAV (Date) | Apr 09, 2025 | |||
| 52-Week High NAV | $8.13 | |||
| 52-Week High Price (Date) | Feb 27, 2026 | |||
| Beta / Standard Deviation | FMYIX-NASDAQ | Click to Compare |
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| Beta | 1.22 | |||
| Standard Deviation | 6.53 | |||
| Balance Sheet | FMYIX-NASDAQ | Click to Compare |
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| Total Assets | 444.46M | |||
| Operating Ratios | FMYIX-NASDAQ | Click to Compare |
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| Expense Ratio | 0.79% | |||
| Turnover Ratio | 31.00% | |||
| Performance | FMYIX-NASDAQ | Click to Compare |
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| Last Bull Market Total Return | 6.31% | |||
| Last Bear Market Total Return | -5.70% | |||